Macro Economy

China Is Home to 120 Fortune 500 Companies, Second Only to US

China Is Home to 120 Fortune 500 Companies, Second Only to US

Fortune magazine released its 2018 Fortune 500 list on its website yesterday. China is home to 120 companies on this…

Jul 20, 2018
Xu Wei
China's Forex Settlements Rose 20% In First Half, SAFE Says

China's Forex Settlements Rose 20% In First Half, SAFE Says

China's Forex Settlements Rose 20% In First Half, SAFE Says. China’s foreign exchange settlements rose by one-fifth in the first…

Jul 19, 2018
Liao Shumin
Chongqing, Russian Parties Plan USD197 Mln Worth of Projects in Trade Expo

Chongqing, Russian Parties Plan USD197 Mln Worth of Projects in Trade Expo

Southwest China's megacity of Chongqing and its firms signed over 10 cooperation agreements with Russian counterparts at the fifth China-Russia Expo.

Jul 19, 2018
Xu Wei
China Removes Local Officials From Posts for Illegal Borrowing

China Removes Local Officials From Posts for Illegal Borrowing

Chinese authorities have stepped up efforts to hold local governments to account for legal and regulatory violations regarding the accumulation…

Jul 18, 2018
Chen Yikan
China Invests 19% More Money Abroad; Leasing, Commercial Services Top Targets

China Invests 19% More Money Abroad; Leasing, Commercial Services Top Targets

China’s outbound direct investment has grown in the first six months this year, showing an increased appetite for leasing and…

Jul 18, 2018
Liao Shumin
Future Is Bright for China, Ex-Australian Ambassador Says

Future Is Bright for China, Ex-Australian Ambassador Says

Future Is Bright for China, Ex-Australian Ambassador Says

Jul 17, 2018
Xu Wei
Chinese Pork Prices to Fall Amid Excess Production, Agricultural Ministry Official Says

Chinese Pork Prices to Fall Amid Excess Production, Agricultural Ministry Official Says

The prices of pork in China is expected to fall overall this year amid high production rates across the country, an official from China’s agricultural ministry says.

Jul 17, 2018
Tang Shihua
Increased Foreign Investment Will Not Harm Chinese Firms, NDRC Says

Increased Foreign Investment Will Not Harm Chinese Firms, NDRC Says

Increased Foreign Investment Will Not Harm Chinese Firms, NDRC Says. China does not believe that opening up to more foreign…

Jul 17, 2018
Tang Shihua
China to Speed up Introduction of Property Tax, Statistics Bureau Spokesperson Says

China to Speed up Introduction of Property Tax, Statistics Bureau Spokesperson Says

China is to speed up the introduction of a property tax, while also accelerating plans to bring in equal rights…

Jul 16, 2018
Liao Shumin & Zu Yanran
US Trade Tiff Will Not Hit China Prices Too Hard, NBS Predicts

US Trade Tiff Will Not Hit China Prices Too Hard, NBS Predicts

US Trade Tiff Will Not Hit China Prices Too Hard, NBS Predicts. The trade dispute between China and the United…

Jul 16, 2018
Tang Shihua
China Shipped 22 Billion Parcels in First Half, Topping 2015’s Full-Year Figure

China Shipped 22 Billion Parcels in First Half, Topping 2015’s Full-Year Figure

An estimated 22 billion express parcels were delivered in China in the first half, surpassing the full-year figure for 2015.…

Jul 12, 2018
Liao Shumin
Shanghai Will Put 90% of Its Opening Policies Into Effect This Year

Shanghai Will Put 90% of Its Opening Policies Into Effect This Year

"Our preliminary statistics show over 90 percent of the 100 opening-up policies of Shanghai can be implemented within this year,” said Zhou Bo, executive vice mayor of the eastern Chinese city. 

Jul 12, 2018
Xu Huiyun

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