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China's Zhejiang province continues making progress in implementing Double-Eight Strategy
The Double-Eight Strategy is a tailor-made master plan for the development of Zhejiang Province. As the province is a symbol of China's high quality development, its efforts at realizing common prosperity has made it a very good example.
March 29, 2024 -
Shanghai aims to be nexus of emerging industries
Shanghai will make greater efforts to become an innovation hub for emerging industries, said Mayor Gong Zheng at a news conference Thursday. In 2023, the combined value of the city's integrated circuits, biomedicine, and AI sectors reached 1.6 trillion yuan (US$221.37 billion).
March 29, 2024 -
Water use remains steady as GDP increases
China managed to keep its annual water consumption well within 610 billion cubic meters from 2014 to 2023, despite its GDP almost doubling during that time, said Li Liangsheng, vice-minister of water resources.
March 29, 2024 -
China to encourage new consumer trends
China aims to boost its economy through new consumer trends, focusing on digital, green, and brand consumption, according to Vice Commerce Minister Guo Tingting. This initiative seeks to expand service consumption and tap into the growing demand for quality, sustainability, and technological innovation in consumer goods.
March 29, 2024 -
China's imports log robust growth in first 2 months
In the first two months of 2024, China's imports from the five Central Asian countries (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan), Latin America, and Africa grew by 13.4%, 11.3%, and 7.9%, respectively, according to data released by Chinese customs authority Tuesday. China's development offers new opportunities to the world, said an official of the customs authority.
March 28, 2024 -
Consumer expo to display more new items
The upcoming China International Consumer Products Expo is expected to see a greater number of international brands debut their new products, fueled by the vitality of China's consumer market, the Ministry of Commerce said.
March 28, 2024 -
China to boost imports of high-quality consumer goods
China's Ministry of Commerce (MOC) will continue to promote high-level opening up and expand imports of high-quality consumer goods, an official said on Wednesday.
March 28, 2024 -
4th China International Consumer Products Expo set for biggest show
The fourth China International Consumer Products Expo, scheduled from April 13 to 18 in Haikou, the capital of south China's Hainan Province, will boast a sprawling floor area of 128,000 square meters, surpassing its previous editions.
March 28, 2024 -
Zhejiang boosts foreign investment efforts
Zhejiang will continue to ramp up efforts to enhance its business environment in order to attract more foreign investment and encourage privately owned businesses amid measures to promote local high-quality development, authorities said.
March 28, 2024 -
Policy to hone in on trade performance
China has been exploring a new set of policy measures aimed at spurring exports and imports, and will expedite the implementation of these measures as soon as possible, with the goal of consolidating the foundations of the country's foreign trade and achieving preset annual targets, officials said on Tuesday.
March 27, 2024 -
Foreign trade of China's free trade zones up 11.7% in January-February
Foreign trade of China's 22 pilot free trade zones (FTZs) rose 11.7 percent year on year in the first two months, said Wang Lingjun, deputy director of China's General Administration of Customs, on Tuesday.
March 27, 2024 -
China to issue ultra-long special treasury bonds in support of high-quality programs
China recently announced it will issue ultra-long special treasury bonds starting from this year. The bonds will go to key areas such as sci-tech innovation and food and energy security, according to the National Development and Reform Commission on Thursday.
March 22, 2024 -
Measures to foster recovery coming
China will implement several measures to foster a robust economic recovery throughout this year, the country's top economic regulator said on Thursday.
March 22, 2024 -
China's fiscal revenue down 2.3% in first 2 months of 2024
China's fiscal revenue fell 2.3 percent year on year in the January-February period, but rose 2.5 percent after adjusting on comparable basis, official data showed Thursday.
March 22, 2024 -
China budgets 66.7 billion yuan for employment in 2024
China's central government plans to allocate 66.7 billion yuan (US$9.26 billion) of fiscal budget this year to support job creation and entrepreneurship, said Liao Min, vice minister of finance, at a press conference Thursday.
March 22, 2024 -
China's actual use of foreign capital in 2023 marks third highest in history
Despite apparent fluctuations in the scale of foreign investment in 2023, China's actual use of foreign capital exceeded 1.1 trillion yuan (US$152.83 billion), the third largest year in history, an official of the National Development and Reform Commission said at a press conference Wednesday.
March 21, 2024 -
China ramps up efforts to attract foreign investment across diverse industries
China has started revising the industry catalog of sectors encouraging foreign investment, the country's top economic planner said on Wednesday.
March 21, 2024 -
Nation opens up wider to foreign investors
China is expanding its investment scope for foreign investors with steps to revise the encouraged industries catalog and shorten the negative list for foreign investment, offering more business opportunities for global stakeholders, officials said on Wednesday.
March 21, 2024 -
Beijing eyes more foreign investment
Beijing will continue to enhance its business environment to attract investment by introducing a series of foreigner-friendly measures and strengthen international exchanges, amid its comprehensive efforts to promote high-quality development.
March 20, 2024 -
Beijing makes notable progress in sci-tech innovation
In recent years, Beijing has made significant progress in becoming an international sci-tech innovation hub. The city has been ranked as the world's top science city for eight years in a row, and 337 tech companies were created every day on average in 2023, Mayor Yin Yong said at a press conference Tuesday.
March 20, 2024