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Preferential taxation policies unveiled by Shanghai and Beijing are expected to further enable the recovery of local real estate markets by lowering purchase costs and boosting market confidence, industry analysts said on Tuesday.
China is set to launch electric vertical take-off and landing (eVTOL) aircraft projects in six pilot cities, an industrial insider has said at 2024 International Electric Aviation Forum in Kunshan on Monday.
The significant advancement of China's circular economy has emerged as a crucial driver of the nation's sustainability efforts, contributing to 25 percent of the country's overall carbon emission reduction.
Over 70 percent of Brazil's soybean and iron ore sand exports in the first 10 months this year were destined for China, according to latest official statistics.
Multilateral financial cooperation is of greater importance now to address pressing challenges, such as climate change, and to drive growth amid the various complexities and uncertainties facing the global economy.
China has become the first country to produce over 10 million new energy vehicles (NEVs) in a single year, a milestone achieved before the end of 2024. This marks the ninth consecutive year China has led the world in NEV production and sales.
China's role in promoting free trade, renewable energy, and global governance reform is pivotal against a backdrop of intensifying geopolitical tensions.
China's ongoing capital market opening-up, with the connect programs between the Chinese mainland and Hong Kong markets serving as one good example, will be further advanced to inject more vitality into the markets and facilitate the country's high quality economic growth.
“I think the most important improvement was the relationships between the diplomacy that allowed the visas for the tourism in China to the Brazilians and in Brazil to the Chinese people,” said Ana Cristina Carvalho, chair of the Tourism Association at Federation Chambers of Foreign Trade (FCCE) of Brazil in an interview with China News Network.
China and Brazil, two strong advocates of economic globalization, will have broader opportunities to expand trade, investment and employment, said experts and company executives.
Shanghai on Monday further relaxed its real estate policies, eliminating distinction between ordinary and non-ordinary homes and expanding tax incentives for property transactions, in an effort to bolster the real estate sector.
Three figures show that China's economic growth is roaring in consumption. First, retail sales rose at the strongest pace in eight months in October. Second, the consumer confidence index rebounded for the first time after six consecutive months of decline. Third, on Nov. 11, express delivery volumes reached 701 million packages, setting a new record for Singles' Day.
U.S. retailers are creating contingency plans to deal with the prospect of President-elect Donald Trump's proposed tariffs as he heads back to the White House.ory tariffs.
Experts and officials from both domestic and international spheres have praised China's voluntary financial support to developing nations within the South-South cooperation framework.
China's trade with Brazil increased by nearly 10 percent in the first 10 months of 2024, highlighting the deep economic and trade ties the two nations have built over the past 50 years, Chinese state broadcaster CCTV said on Sunday.
China is poised to meet its annual growth target of around 5 percent this year as positive factors continue to accumulate heading into the fourth quarter, and as the effects of recent stimulus policies gradually take hold, economists said on Friday.
The China-Europe freight train service, a calling card of the Belt and Road Initiative, reached a major milestone on Friday, with the departure of the 100,000th train service, according to China State Railway Group, which manages and oversees the service.
U.S. retailers are creating contingency plans to deal with the prospect of President-elect Donald Trump's proposed tariffs as he heads back to the White House.
Chile firmly supports China's accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA), said Chilean President Gabriel Boric on Friday.
At the recently concluded China International Import Expo in Shanghai, Peru's fluffy alpaca toys became one of the most viral items.
APEC has become an increasingly valuable platform for fostering international cooperation and promoting trade liberalization, experts said.
China has "full confidence" that it will meet the growth targets for this year and remain the biggest engine of world economic growth, President Xi Jinping said on Friday, reaffirming Beijing's pledge to open its door to the world even wider.
A newly opened sea-rail transportation service has facilitated the import of nonferrous metals from Peru to Northwest China's Gansu province, which is expected to expand business and benefit the economies of both sides.
"The United Kingdom and China are perfect partners if we can work together on ESG (Environmental, Social and Governance) and sustainability, overcoming our differences to make the world a better place," said Stuart Dunn, executive director of BritCham Shanghai, during an interview with China News Network.
China is willing to exchange experience on industrial park construction with Peru, said Chinese President Xi Jinping on Thursday.
The Chancay Port will strongly consolidate Peru's position as a gateway that connects land and sea, Asia and Latin America, said Chinese President Xi Jinping on Thursday.
China and Peru will continue to support an open, transparent, and non-discriminatory multilateral trading system centered on the World Trade Organization (WTO), said a joint statement issued Thursday.
China and Peru reaffirmed their commitment to multilateralism, pledging to uphold the UN-centered international system and the international order based on international law, said a joint statement issued Thursday.
China reported sustained recovery trends in October due to a set of incremental policy measures that have significantly bolstered market confidence, key economic indicators revealed on Friday.
Amid complex geopolitical challenges, it is more important than ever for member economies of the Asia-Pacific Economic Cooperation to build closer links and strengthen regional trade capacities, experts said at a webinar on Wednesday.
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