China's real estate market is expected to become fully stabilized in the second half of 2024, ending a three-year adjustment period, if the latest rounds of highly supportive policy measures are well implemented to boost homebuyer confidence and ease liquidity stress among developers.
China's economy continued to rebound in April while pressures persisted amid an uneven recovery, highlighting the need for further stimulus measures to consolidate the recovery trend, officials and experts said on Friday.
The size of China's insurance industry is expected to double in the next 10 years amid strong economic growth, making the country an even more important market for the group, said Christian Mumenthaler, group CEO of Swiss Re.
Apart from easing purchasing restrictions, China can also adopt stronger policy measures to boost financing for the real estate industry to ensure the stable recovery of the sector, experts said.
China's retail sales increased 2.3 percent year-on-year in April, the National Bureau of Statistics said on Friday.
China is likely to continue to reduce the share of United States debt in its overall foreign exchange reserves as it ramps up efforts to diversify foreign asset portfolios to reduce risk exposure, experts said on Thursday.
Regulatory emphasis on the capital market's support for the real economy and continued efforts to optimize the trading mechanism and infrastructure in the A-share market are conducive to the high-quality development of the Chinese stock market.
China's economy continued to rebound in April while pressures persisted amid an uneven recovery, the National Bureau of Statistics said on Friday.
China's foreign trade recorded a new high in April, with trade with traditional and new emerging markets such as the EU, the US, and Belt and Road Initiative (BRI) partner countries all showing a growth trajectory.
The U.S.' decision to impose additional tariffs on Chinese imports marks a further escalation in Washington's efforts to curb emerging industries in China, forcing Beijing to adopt measures to defend its interests.
The Chinese business community strongly opposes the United States' latest decision to increase tariffs on Chinese imports, calling on the U.S. to promptly cancel the additional tariffs.
The Joe Biden administration's doubling of the import tax on Chinese solar cells to 50 percent on Tuesday has been opposed by some U.S. contractors.
Regulators' strengthened supervision will help China's capital market to mature toward its high-quality development, domain experts said on Wednesday after reviewing the latest market consolidation deal in the segment of securities brokerages.
Chinese foreign ministry spokesperson Wang Wenbin stressed on Wednesday that it is yet another mistake for the U.S. to continue politicizing trade issues and further increasing tariffs on Chinese products.
A spokesperson for the Chinese embassy in the United States has urged the U.S. to "earnestly" abide by World Trade Organization rules and immediately cancel the additional tariffs it decided to impose on electric vehicles and some other products from China.
Major Chinese photovoltaic (PV) enterprises said that the U.S. move to double tariff rates on PV cell imports from China to 50 percent would have a limited impact on them, according to media reports.
China welcomes foreign enterprises, including those from the United Kingdom, to continue investing in the country, Premier Li Qiang said on Wednesday, reiterating Beijing's commitment to further opening-up.
Foreign Minister Wang Yi accused the United States on Wednesday of repeatedly imposing unilateral sanctions to suppress China, vowing such bullying and hegemonic behaviors would be crushed by wheels of history.
Foreign Ministry spokesman Wang Wenbin said on Wednesday that the U.S. tariff increases on electric vehicles and semiconductors from China is another mistake Washington has made after it continuously politicizes economic and trade issues.
The year-on-year growth rate of total retail sales of consumer goods in China will probably exceed 3.1 percent in April, Securities Daily reported on Tuesday, citing experts.
The United States is increasing tariffs on $18 billion worth of Chinese imports, targeting electric vehicles (EVs), advanced batteries, steel and critical minerals, the White House said on Tuesday.
China is seeking greater breakthroughs in facilitating foreign visitors' payments by the end of June as relevant efforts have borne initial fruits with overseas visitors' onshore payments as bank cards and mobile payment saw double-digit growth last month.
In a bid to expand the opening-up of financial markets, China will launch a key standardized interest rate swap contract under the Swap Connect, and continue to waive clearing fees, as the program approaches its first anniversary.
MOF on Tuesday urged the U.S. to immediately cancel the additional tariffs on Chinese products and vowed to take resolute measures to defend its rights over U.S.' announcement to increase tariffs on Chinese products including electric vehicles (EVs)
The Ethiopia-Djibouti railway is the first standard-gauge railway in East Africa and a flagship project between China and the two countries under the Belt and Road Initiative (BRI).
China has urged the United States to immediately lift the additional tariffs imposed on Chinese products, warning that it will take resolute actions to protect the country's rights and interests, the Ministry of Commerce said on Tuesday.
Chinese technology companies, which have better access to data resources and industrial application scenarios, should step up investment in improving computing power and algorithms and accumulate more high-quality training data to gain an edge in the global artificial intelligence race.
China has slammed the United States for "bullying" and "trampling on market economy principles", dismissing U.S. Treasury Secretary Janet Yellen's recent remarks about China's new energy sector.
China's plan to sell 1 trillion yuan ($138 billion) in ultra-long-term treasury bonds marks its latest move to bolster fiscal support for the economy, a step that experts say will stabilize expectations, boost domestic demand and shore up growth.
“I traveled on the train connecting Belgrade and Novi Sad. And it was a very pleasant experience because it took only 28 minutes to reach Novi Sad. Otherwise, you should take a car or a bus, and it would take more than one hour,” said Ivona Ladjevac, deputy director at the Institute of International Politics and Economics in Belgrade, during an interview with China News Network recently.