China’s 2025 Spring Festival Travel Rush Hits Record High with Ice Tourism Surge
China’s 2025 Spring Festival travel surge hits a new high with 9 billion inter-regional journeys, driven by popular ice and warm tourism attractions.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
UN Official Urges Urgent Climate Action, Highlights Green Transition Benefits for Businesses
UN Resident Coordinator in the Chinese mainland stresses the necessity of climate action and the lucrative opportunities for businesses embracing green transitions.
Chinese Mainland’s Central Bank Unveils 2025 Monetary Plans to Boost Economy
The People’s Bank of China outlines its monetary and financial priorities for 2025, focusing on expanding domestic demand, stabilizing expectations, and boosting economic vitality.
China to Boost Equipment Upgrades and Consumer Trade-In Programs with New Treasury Bonds
China is set to significantly increase special treasury bonds in 2025 to support large-scale equipment upgrades and consumer goods trade-in programs, aiming to boost domestic demand and economic growth.
China Launches Month-Long Online Shopping Fest for Spring Festival
China launches a month-long online shopping event for Spring Festival, celebrating traditional culture and boosting e-commerce from January 7 to February 5.
Biden Blocks Nippon Steel’s $14.9B Acquisition of US Steel Over Security Concerns
President Biden blocks Nippon Steel’s $14.9B acquisition of US Steel, citing national security and supply chain concerns. Learn more about this landmark decision and its implications.
Chinese Mainland to Enhance Subsidies for Digital Devices in 2025
The Chinese mainland is set to boost subsidies for mobile phones, tablets, and smartwatches in 2025 to enhance domestic demand and drive economic recovery.
Chinese Mainland’s Macro Policies Provide Ample Support for 2025 Growth Targets
The Chinese mainland unveils robust macro policies to support its 2025 economic growth targets, focusing on boosting domestic demand and enhancing key sectors.
New Year Travel Boom Propels China’s Economic Growth
China’s New Year holiday saw a surge in both inbound and outbound travel, boosting the tourism industry and driving economic growth with a 13.7% increase in trips.
Chinese Premier Li Qiang Outlines Plans for 2025 Economic Boost
Premier Li Qiang emphasizes effective policy implementation and innovation in new-energy sectors to secure a robust start for China’s 2025 economic development during his visit to Jinan.