Wang Junling News Today

By Wang Junling China has set its gross domestic product (GDP) growth target at "around 5 percent" for 2023. The projected target has been widely reported by overseas media as soon as it was announced. Foreign media including Reuters, Bloomberg and Cable News Network (CNN), cited analyses by authoritative international…

By Wang Junling As China has optimized COVID-19 response measures and resumed economic activities, offline exhibitions are gradually coming back. A number of major exhibitions are attracting global attention, such as the China International Building Trade Fair 2023, the Beijing Beauty Expo, the China (Shenzhen) Cross-border E-commerce Fair, and the…

By Wang Junling The Ministry of Commerce and the People's Bank of China recently jointly released a notice on further supporting foreign economic and trade enterprises in expanding the cross-border use of RMB to facilitate trade and investment. The notice made deployment in supporting RMB settlement for trading in bulk…

By Wang Junling Chinese multinational technology company Lenovo put into use a manufacturing base in Hungary in June this year, which is able to produce over 1,000 customized servers and 4,000 customized work stations per day. Each production line of the plant is run by 20 to 30 employees and…

"If someone has not seen Saturn and its rings, they should do so at least once in their lives. It's the prettiest among all the principal planets."

By Wang Junling The Chinese currency, RMB, is playing an increasingly significant role in cross-border payments as China gradually improves the quality of its economic development and the level of its openness. According to statistics released by the People's Bank of China (PBOC), the country’s central bank, the total amount…

By Luo Shanshan, Wang Junling Farsighted multinationals don’t want to miss the opportunity to invest and operate in China. Data from China’s Ministry of Commerce (MOFCOM) indicated that China saw 185 newly-added major projects during the first four months of this year, each with foreign investment of over $100 million.…

By Wang Junling A recent State Council executive meeting specified that China will further implement measures to support micro, small and medium-sized enterprises (MSMEs) and self-employed households, in an effort to stabilize the economy, as well as industrial and supply chains. Meanwhile, relevant government departments will adjust their policies promptly…

By Wang Junling China’s National Development and Reform Commission (NDRC), among other government organs, recently approved kicking off the construction of eight national computing hubs and plans to build 10 national-data center clusters. The eight national computing hubs will be built in the Beijing-Tianjin-Hebei region, the Yangtze River Delta, the…