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PBOCwill provide emergency liquidity support for local governments facing relatively heavy debt burden when necessary.
China will implement counter-cyclical adjustments and keep interest rates at a level in line with the requirements of achieving the potential economic growth rate, said Pan Gongsheng, governor of the People's Bank of China, the country's central bank.
China will set up a global scientific research fund and increase its scientific and technological assistance to developing countries so that the wider global community can benefit from progress in science and technology.
The Greater Bay Area has come under scrutiny recently with narratives claiming overinvestment, competitive fallouts and a lack of integration within the region hindering its development.
The State Council, China's Cabinet, highlighted the need to build up China's intellectual property rights competitiveness during two sessions last week centering on better protecting and applying IPR.
The expanding number of FTZs in China reflects the continuous enhancement of the country’s profound and all-round opening up to global markets.
China's foreign exchange reserves stood at $3.1012 trillion at the end of October, down $13.8 billion from the end of September.
China's foreign trade registered year-on-year growth in October, after a continuously narrowing slump since July, adding to the recent signs of a gradual stabilization in the world's second-largest economy thanks to a slew of supportive policy measures.
As the 6th China International Import Expo is underway, more than 60 enterprises and institutions have already secured their booths for the 7th CIIE in advance, with more than 40,000 square meters have already been booked for next year.
Beijing and Canberra have agreed to keep building up engagement in political dialogue, trade, response to climate change and people-to-people exchanges as both sides pledged to continue stabilizing and developing bilateral ties.
The International Monetary Fund has revised its forecast of China's economic growth to 5.4 percent from 5 percent in October due to a stronger-than-expected third-quarter output and recent policy announcements.
China will pursue a proactive fiscal policy, and speed up the issuance and use of government bonds, the country's finance minister said.
China's total goods imports and exports edged up 0.03 percent year-on-year in the first ten months of this year to 34.32 trillion yuan ($4.71 trillion), customs data showed on Tuesday.
China's total import and export volume grew by 0.03 percent year-on-year, reaching 34.32 trillion yuan ($4.72 trillion) between January and October, as the country's foreign trade posts a stable recovery despite mounting external challenges.
The Chinese Commerce Ministry on Tuesday announced revisions to a list of bulk commodities whose import and export needs to be reported for statistics purpose and has included rare earths for the first time to a list of minerals that need to be reported for export.
The China International Import Expo (CIIE) is hosted by China for the benefit of the whole world, and its growing success witnesses China’s progress in opening-up and strengthens the world’s confidence and faith in pursuing a shared future, said Chinese Foreign Ministry spokesperson Wang Wenbin on Monday.
Youth employment including college graduates remains basically stable and continues to improve, China's Minister of Human Resources and Social Security Wang Xiaoping said, stressing that more job opportunities will be created in the digital and green economy in addition to new retail.
To counter the growing risk of geopolitics, it is important to have more mutual investments and collaborations between countries and regions to truly achieve global economic prosperity, experts say.
China will strengthen efforts to remain an investment hotspot by lowering market entry thresholds, creating a better business environment and improving foreign investment utilization levels, officials said.
Having facilitated the development of emerging industries, China's free trade zones or FTZs should now pursue differentiated positioning and more institutional breakthroughs, officials and industry experts said on Monday.
Executives of many multinational companies have expressed their confidence in the Chinese market and vowed to further expand their businesses in the country, as they explore opportunities at the ongoing China International Import Expo (CIIE) in Shanghai.
Vice-Premier He Lifeng will visit the United States from Wednesday to Sunday, Foreign Ministry spokesman Wang Wenbin announced on Monday. He is also the lead Chinese representative for China-U.S. economic and trade affairs.
China firmly opposes the United States Department of Treasury's sanctions imposed on certain Chinese entities with so-called Russia-related excuses, a spokesperson for the Ministry of Commerce said on Monday.
All countries should promote the multilateral trading system with the World Trade Organization at its core, given multiple challenges like geopolitical tensions, rising protectionism and climate change.
Malaysian companies have shown great enthusiasm for participating in the 6th China International Import Expo (CIIE), reflecting their strong confidence in the expo and the Chinese market, a Malaysian business leader said.
China will always provide important opportunities for global development, and the nation will remain committed to high-level opening-up and driving economic globalization in a more open, inclusive, balanced and win-win direction.
An equal, open, cooperative and shared world economic order is crucial to enhancing the resilience and security of global industrial and supply chains, and countries should uphold multilateralism and enhance openness to propel globalization and achieve win-win results.
In Hong Kong Palace Museum, at the end of the exhibition “From Dawn to Dusk: Life in the Forbidden City”, the Forbidden City was filled with night. Emperor Qianlong finished his day’s work and fell into a deep sleep on his bed. He dreamed of his wife, who died of illness. When the audience lies down, they can follow the two butterflies projected on the ceiling and slip into the emperor’s dreamland, and experience the sorrow of his life.
Night economy has boosted economic growth in the Hong Kong Special Administrative Region (HKSAR), Allan Zeman, chairman of Lan Kwai Fong Group, shared his insights in an exclusive interview with China News Network.
Shanghai has become a preferred destination for catering groups to unveil first restaurants, according the latest report released by Shanghai Business Information Center on Thursday
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