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  • China to boost supervision of IPOs, listed firms, brokers, public offering funds

    China's securities watchdog will issue three guidelines to boost supervision of initial public offerings (IPOs), listed companies, brokers and public offering funds.

    March 16, 2024
  • China sees 2.5-fold increase in water conservancy investment in 10 years

    A pattern of water conservancy investment and financing, driven by concerted efforts from fiscal funds, financial credit, and private capital, has basically taken shape in China. In 2023, the country secured water conservancy investments surpassing 1.22 trillion yuan (US$169.5 billion), marking a 2.5-fold increase compared to 2014, said an official of the Ministry of Water Resources Thursday.

    March 15, 2024
  • Ministry outlines water resources achievements

    China's strengthening of water resources management facilities in the past decade has significantly beefed up the country's flood control capability and enhanced its food and water supply security, said Liu Weiping, vice-minister of water resources.

    March 15, 2024
  • China's reservoir storage capacity expands in past decade

    China's reservoir storage capacity went up by 163.2 billion cubic meters in the past decade, an official said on Thursday.

    March 14, 2024
  • Official: China's 5% growth target is supported by solid conditions

    China targets economic growth of around 5% in 2024, according to a government work report released Tuesday. Huang Shouhong, head of the report drafting team and director of the State Council Research Office, said at a press briefing that the target is supported by solid conditions.

    March 6, 2024
  • Official: China's central SOEs to focus on strategic emerging industries, future industries

    In an effort to promote industrial upgrading, China's centrally-administered state-owned enterprises (SOEs) should put strategic emerging industries and future-oriented industries in a prominent position, an official with the country's top state-asset regulator said Tuesday.

    March 6, 2024
  • China's 5% GDP target in line with govt goals

    The 5 percent growth target outlined in the annual Government Work Report is in line with China's aim to create 12 million urban jobs this year and turn itself into a mid-level developed economy by 2035, said head of the report's drafting task force on Tuesday.

    March 6, 2024
  • Chief drafter expounds on gov't work report

    Huang Shouhong, head of the group for drafting the Chinese government work report this year, on Tuesday elaborated on the key points of the document and unveiled the process of its formulation.

    March 6, 2024
  • China accelerates repairs on damaged water conservancy facilities

    ​The Ministry of Water Resources said Friday it will complete all 5,542 restoration projects on damaged water conservancy facilities by the end of June, including those critical for flood control in Beijing, Tianjin and Hebei.

    March 4, 2024
  • Treasury bonds issued to restore water projects

    China has issued additional treasury bonds as it strives to restore and strengthen water resources management projects devastated by floods last year, according to an official of the Ministry of Water Resources.

    March 4, 2024
  • Flood control facilities rebuilt after disasters

    China has seen remarkable progress in rebuilding flood control facilities devastated by floods last year and in strengthening flood control capabilities there, thanks to the issuance of an additional 1 trillion yuan ($139 billion) of government bonds for the work, officials said.

    March 4, 2024
  • Mobile pay limits raised for visitors

    China announced on Friday that it will quintuple the transaction limit for foreigners' mobile payments as the country enhances efforts to address payment challenges faced by international visitors.

    March 4, 2024
  • State Council adopts nearly 4,700 suggestions and proposals in 2023

    In 2023, State Council departments rolled out over 2,000 policy measures based on nearly 4,700 suggestions and proposals from deputies to the National People's Congress and members of the National Committee of the Chinese People's Political Consultative Conference, said Xing Huina, a spokesperson for the State Council Information Office, at a press conference Thursday.

    March 4, 2024
  • China to raise single mobile transaction limit to US$5,000 for overseas travelers

    ​China will guide major payment platforms to raise the single transaction limit for overseas travelers using mobile payments from 1,000 U.S. dollars to 5,000 U.S. dollars, a central bank official said Friday.

    March 2, 2024
  • China launches 1,488 water conservancy projects funded by gov't bonds in 2023

    China has accelerated the construction of water conservancy projects in the wake of severe floods in 2023. A total of 1,488 projects funded by government bonds have been launched, with the investment reaching 29.31 billion yuan (US$4.05 billion), said Chen Min, vice minister of water resources, on Friday.

    March 1, 2024
  • China's health authority handles 1,470 suggestions, proposals in 2023

    China's National Health Commission (NHC) handled 1,470 suggestions and proposals from the national legislature and the national political advisory body in 2023, a health official said Thursday.

    March 1, 2024
  • Shanghai cooperation zone to bolster links between domestic, global players

    China's initiative to establish a global business cooperation zone in Shanghai will enhance international business communication, strengthening connections between domestic and global markets, government officials said on Thursday.

    March 1, 2024
  • Number of nursery care slots increased

    China has increased the number of nursery care slots per 1,000 people to nearly 3.4 and is promoting the formulation of a national law on child care services as part of efforts to improve its fertility support system, health officials said this week.

    March 1, 2024
  • China to further enhance NEV charging facilities

    China will further promote the construction of charging infrastructures to better serve new energy vehicles, an official from the Ministry of Transport said Thursday.

    March 1, 2024
  • China's gov't departments handle 12,480 suggestions, proposals in 2023

    Government departments under China's State Council handled 12,480 suggestions and proposals submitted by deputies to the National People's Congress and members of the National Committee of the Chinese People's Political Consultative Conference in 2023, a spokesperson for the State Council Information Office said on Thursday.

    March 1, 2024
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