Stay updated with breaking news from Chasing Securities. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Despite heavy rainfall in some areas, China's services grew strongly in July, as evidenced by a spike in a key gauge, suggesting the sector is so resilient it will probably have no trouble at all in withstanding the disruption brought by the latest wave of local COVID-19 cases, experts said on Wednesday.
China's top economic regulator said on Tuesday that it would further deepen price reforms during the 14th Five-Year Plan period (2021-25) as part of ongoing efforts to curb unreasonable price swings in key commodities such as iron ore and copper.
China will take more steps to curb commodity price speculation and keep prices stable, showing zero tolerance for illegal activities, according to the country's top economic regulator. The National Development and Reform Commission, together with other four central departments, held a meeting on Sunday on the rapid commodity price gains this year, warning key enterprises in the bulk commodity sector to maintain normal market order. The talks came after Premier Li Keqiang chaired the State Council's Executive Meeting on Wednesday, calling for careful analysis of reasons for the recent sp...
Regions register rapid economic rebound in Q1 1 2021-04-28 08:48:57China Daily Editor : Li Yan ECNS App Download Workers assemble a hub for a wind power generation facility in Lianyungang, Jiangsu province, on Tuesday. Profits of China's major industrial firms maintained fast expansion in the first quarter of the year, according to the National Bureau of Statistics. (GENG YUHE/FOR CHINA DAILY) China's economic recovery is on a solid track across the nation as almost all regions have registered double-digit economic growth on a yearly basis in the first quarter...
Provided by Dow Jones By Martin Mou Online travel platform Trip.com Group Ltd. shares rose in their Monday debut in Hong Kong, as China gears up for a busy travel season during the upcoming Labor Day holiday. Trip.com shares opened 4.85% higher and were last up 3.4% at 277.00 Hong Kong dollars, compared with their IPO price of HK$268.00 a share. The company raised around HK$8.33 billion (US$1.07 billion) in net proceeds from its offering in Hong Kong. Trip.com is the latest among U.S.-listed Chinese companies to tap the active fundraising market in the Asian fin...