SCIO briefing on white paper 'A Global Community of Shared Future: China's Proposals and Actions'
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Around China August 3, 2023
China offers subsidy funds for Beijing, Hebei to repair roads after rainstorms
China has allocated 30 million yuan (about 4.2 million U.S. dollars) of emergency road repair subsidy to Beijing and Hebei Province following typhoon-triggered rainstorms.
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Diplomacy August 3, 2023
US move to blacklist Chinese entities aims to undermine Xinjiang's prosperity, stability
U.S. move to blacklist Chinese entities and go after more Chinese companies is aimed at undermining Xinjiang's prosperity and stability and containing China's development, a Chinese Foreign Ministry spokesperson said here Wednesday.
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Economy August 3, 2023
China extends tax reduction, lending support for micro, small firms
China has decided to extend several favorable measures, including lending support and tax reduction, for micro and small firms to boost their growth.
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Around China August 3, 2023
China makes serious démarches over US decision to provide military aid for China's Taiwan
A Chinese foreign ministry spokesperson said on Wednesday that China strongly deplores and firmly rejects U.S. provision of military aid for China's Taiwan region and has made serious démarches to the U.S. side.
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Human Rights August 3, 2023
China opposes US targeting Chinese firms over so-called 'forced labor prevention'
China's Ministry of Commerce expressed condemnation Wednesday against the United States' recent announcement of adding two Chinese firms and some of their subsidiaries to the so-called "Uyghur Forced Labor Prevention Act Entity List."
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Economy August 2, 2023
China extends tax incentives to encourage investment in tech startups
China announced on Wednesday the extension of favorable taxation policies for venture capital firms and individual angel investors making investment in tech startups.
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Health August 2, 2023
China sees increase in basic medical insurance fund revenue in H1
China's basic medical insurance funds, including maternity insurance, saw a total revenue of over 1.63 trillion yuan (around 227 billion U.S. dollars) from January to June, up by 7.6 percent year on year, data from the National Healthcare Security Administration showed.
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Economy August 2, 2023
China's consumer spending rallies in H1
China's consumer spending, especially contact-based services consumption, rallied in the first half of 2023. In particular, the country's film box office raked in 100 million yuan each day for 39 days by July 29, the National Development and Reform Commission announced at a press conference Monday.
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Around China August 2, 2023
China allocates 110M yuan for disaster relief in Beijing, Tianjin, Hebei
China has earmarked 110 million yuan (about 15.43 million U.S. dollars) to support flood prevention and disaster relief work in Beijing, Tianjin, and Hebei, according to the Ministry of Finance and the Ministry of Emergency Management on Tuesday.
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Economy August 2, 2023
China's central bank favors downward interest rates for individual housing loans
The People's Bank of China made clear its stance of favoring downward interest rates and down payment ratio for individual housing loans at a work meeting held Tuesday.
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Economy August 2, 2023
China's major internet firms report notable profit growth in H1
China's major internet companies saw notable profit increases in the first half of the year, data from the Ministry of Industry and Information Technology shows.
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National Defense August 2, 2023
Chinese defense ministry slams US military assistance to Taiwan
A Chinese defense spokesperson on Tuesday slammed the United States for a plan to provide military assistance to China's Taiwan region.
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Economy August 1, 2023
China's home appliance industry sees steady growth in H1
China's home appliance industry reported steady growth in the first half of this year. The industry's revenue grew 7.1% year on year to 914.5 billion yuan (US$127.61 billion), and its profit surged 20.2% to 67.49 billion yuan, said He Yaqiong, an official of the Ministry of Industry and Information Technology, at a press conference Monday.
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Economy August 1, 2023
China unveils detailed measures to bolster private economy
China's top economic planner on Tuesday unveiled a series of detailed measures including tax reductions and cutting red tape to boost the private economy after a general guideline was released last month.
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Economy July 31, 2023
Policy briefing on measures to restore and expand consumption
The State Council Information Office held a policy briefing in Beijing on Monday about measures to restore and expand consumption.
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Economy August 1, 2023
China releases plans to spur consumption
China on Monday unveiled plans to stabilize spending on big-ticket items, spur service-related consumption and expand consumption in rural areas, as part of broader efforts to bolster a sustained recovery in consumption and consolidate the recovery trend.
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Around China August 1, 2023
China's installed capacity of renewable energy hits 1.32B kW
China's installed capacity of renewable energy hit 1.32 billion kilowatts by the end of June, exceeding the coal-fired power generating capacity, according to the National Energy Administration (NEA) Monday.
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Policy August 1, 2023
China's commerce ministry clarifies UAV export controls
A spokesperson with the Ministry of Commerce (MOC) has clarified unmanned aerial vehicles (UAV) export control measures that were made public by the MOC and three other departments on Monday.
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Economy July 31, 2023
China's investment in electronic information manufacturing industry grows 9.4% in H1
China's fixed-asset investment in the electronic information manufacturing sector grew 9.4 percent year on year during the first half of the year (H1), official data showed Monday.
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Around China July 31, 2023
China sees expansion in freight traffic in H1
China saw an increase in freight traffic in the first half of the year, data from the Ministry of Transport showed on Monday.
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Economy July 31, 2023
China's July PMIs show improving manufacturing, robust services
China's manufacturing sector witnessed an improved business climate in July as a key indicator went up for a second straight month, while the service sector continued to see vibrant activities, official data showed Monday.
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Economy July 31, 2023
China unveils policy incentives to boost consumption
China's top economic planner on Monday rolled out a slew of measures to boost consumption amid efforts to sustain economic recovery and promote high-quality development.
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Economy July 31, 2023
China's non-manufacturing sector continues to expand in July
China's non-manufacturing activity maintained expansion in July, with the purchasing managers' index for the sector coming in at 51.5, the National Bureau of Statistics said Monday.
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Economy July 31, 2023
China's manufacturing PMI up in July
China's manufacturing sector witnessed an improved business climate in July as a key indicator went up for a second straight month, official data showed Monday.
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Around China July 31, 2023
10 CPV martyrs' remains have been identified
The identities of ten martyrs of the Chinese People's Volunteers whose remains have been returned to China have been identified, and their relatives have also been found, Li Guiguang, director of the Department of Commendation and Memorial Affairs of the Ministry of Veterans Affairs, said on Friday.
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Around China July 31, 2023
China issues red alert for mountain torrents
China's Ministry of Water Resources and the China Meteorological Administration (CMA) on Sunday evening issued a red alert for mountain torrents.
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Culture July 31, 2023
China achieves significant progress in cultural relics protection
China has made significant strides in advancing the high-quality development of its cultural relics and heritage.
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National Defense July 31, 2023
Spokesperson: Chinese military a steadfast force for world peace, stability
The Chinese military has always been a steadfast force in upholding world peace and stability, a defense spokesperson said on Saturday.
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July 31, 2023
SCIO briefing on foreign-exchange receipts and payments data in H1 2023
The State Council Information Office held a press conference Friday in Beijing on China's foreign-exchange receipts and payments data of the first half of 2023.
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Culture July 31, 2023
China's cultural industry achieves double-digit revenue growth amid recovery
Major enterprises in China's cultural sector and related businesses saw their combined revenue return to double-digit growth in the second quarter of this year as the industry continued to recover, official data showed Sunday.