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China issues key document to tackle risks, promote high-quality development in capital market

Chinas State Council, the cabinet, on Friday released a sweeping guideline, only the third of its kind, to strengthen regulation, tackle risks and promote the high-quality development of the capital market, as the country moves to build itself into a global financial powerhouse.
Wu Qing Hong Kong Yang Delong Wang Cong Shanghai Stock Exchange Photos China Securities Regulatory Commission

China injects $140b into market, in major policy package to boost economy

Chinese policymakers on Wednesday issued a package of major policies to boost the countrys economy, including cutting the amount of cash that banks are required to hold as reserves to inject nearly $140 billion into the economy and lowering refinancing and rediscount rates, signaling that China is stepping up efforts to ensure stable economic recovery in 2024.
Wang Cong Feng Fan

Policies boost China's attractiveness to foreign investors: official

While foreign investment into China has been declining since the second quarter of 2023 due to a downturn worldwide, Chinese officials and analysts remain confident that China is still a top destination for global investors, thanks to measures to expand market access and improve the business environment.
Zhang Wei Zhu Bing Wei Jianguo Wang Cong Gao Lingyun Chinese Academy Of Social Sciences

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Chinese mainland's suspension of tariff cuts on Taiwan products in line with WTO rules, ECFA: experts

Chinese mainland authorities announced on Thursday that preferential tariffs on a dozen chemical products from the island of Taiwan will be scrapped starting on January 1, 2024, in response to Taiwan authoritiesโ€™ unilateral, discriminatory restrictions and bans against mainland exports.
Shu Jueting Wang Cong Zhu Fenglian Wang Jianmin Bai Ming Taiwan Affairs Office Of The State Council

The path to miracle: 45 years of reform and opening-up propel China to center of global stage

Entering the Qianhai and Shekou Area of the China (Guangdong) Pilot Free Trade Zone in Shenzhen, one can immediately feel the sheer size and vibrancy of one of the busiest ports in China: there are rows of high-rise buildings and enormous warehouses and logistics centers; and trucks carrying containers pass by constantly.
Qi Xijia Wang Cong Global Times Yin Yeping Beijing Published Opening Up

US commerce chief hypes 'China threat' illusion, assaulting chip firms 'counterproductive'

US Commerce Secretary Gina Raimondoโ€™s latest remarks that renewed the US illusion of the so-called China threat and attacked US chip companies that seek to continue doing business with China are counterproductive to the efforts from both sides of the Pacific Ocean to stabilize bilateral ties, Chinese experts said on Sunday.
Li Yong United States San Francisco Gina Raimondo Pacific Ocean Mei Xinyu

China is nearest, most accessible major market, says Kazakh trade minister

The ongoing 6th China International Import Expo (CIIE) in Shanghai serves as a catalyst for boosting bilateral trade cooperation between Kazakhstan and China, as bilateral trade is on track for another record this year, Kazakh Minister of Trade and Integration Arman Shakkaliev told the Global Times in an exclusive interview on Wednesday.
Qi Xijia Wang Cong Shanghai Published

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