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Global financial institutions increasingly upbeat on Chinese market

Global financial institutions increasingly upbeat on Chinese market
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Many American companies plan expansion in China

Major US companies from food giants to fashion brands are increasing their bets on China’s huge market in anticipation of Chinese consumers’ willingness to spend their excess savings and a quick rebound for the world’s second-biggest economy after China optimized COVID-19 management.

Government to push for stability of manufacturing sector

Ministry of Industry and Information Technology (MIIT), along with two other ministries, jointly issued a notice on Monday, aiming to consolidate industrial production, to be bolstered with a spate of new supportive measures.

Global Times: China to march toward modernization, set to overcome headwinds with institutional advantage

China to march toward modernization, set to overcome headwinds with institutional advantage

For a world that is navigating its way through the fogs of escalating geopolitical tensions, runaway inflation, a raging COVID-19 pandemic, and potentially ruinous recession, the monumental opening of the 20th National Congress of the Communist Party of China (CPC), a twice-in-a-decade political gathering that opened in Beijing on Sunday, is set to disperse these mists and light up the road ahead.

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