Chinese Mainland Advances Major Transportation Projects in 2024
The Chinese mainland is making significant progress in transportation projects for 2024, enhancing connectivity and sustainability across the region.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
Chinese Mainland’s High-Speed Rail Network Expands to 47,000 km
The Chinese mainland’s high-speed railway network hits a new milestone of 47,000 km, boosting economic growth, tourism, and regional integration.
High Earners Drive US Holiday Spending as Others Tighten Belts
US holiday spending reveals a divide: high earners boost luxury purchases while lower-income households tighten budgets amid rising costs.
China’s Digital Economy Reaches $6.7 Trillion in 2023
In 2023, China’s core digital sectors achieved $6.7 trillion in revenue, employing over 36 million people across various industries.
China Expands Health Insurance: Relatives Now Share Accounts Nationwide
China enhances its health insurance system, allowing eligible employees to share their accounts with close relatives nationwide, aiming for full implementation by 2025.
Chinese Mainland’s 2024 Economic Stimulus: Key Moves
Explore how the Chinese mainland boosted its economy in 2024 through key financial strategies, including reserve requirement cuts and optimized visa policies.
China Enacts New VAT Law, Streamlining Tax System by 2026
China’s legislature has approved a new VAT law effective January 1, 2026, aiming to consolidate regulations and streamline the tax system, impacting businesses and the economy.
Chinese Mainland’s 5th Economic Census Reveals Robust Growth in Key Industries
The Chinese mainland’s 5th national economic census reveals significant growth in secondary and tertiary industries, with employment rising by 11.9% over five years.
High-Tech Investments Drive Chinese Mainland’s Economic Transformation in 2024
In 2024, high-tech investments in the Chinese mainland surged by 9.4%, driving advancements in robotics, green energy, and more, reshaping the industrial landscape.
Tesla’s Shanghai Energy Storage Megafactory Set to Open by Year-End
Tesla’s new energy storage megafactory in Shanghai is set for completion by year’s end, marking a significant investment in sustainable technology.