China’s Prosperity: A Win-Win for US and Global Economy
Jeffrey Sachs of Columbia University highlights how China’s economic growth benefits the US and the world, advocating for mutual respect and cooperation.
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China’s New Financial Policies Empower SMEs and Spur Innovation
China’s latest financial initiatives are easing the financial burdens on SMEs, enabling them to focus on growth and innovation.
China’s Elderly Care Sector: A New Engine for Economic Growth
China’s aging population is propelling the elderly care industry into a key driver of economic growth, with Gen Z and Millennials entering the sector.
MSMEs Power Global Trade: WTO Highlights Their Impact
MSMEs are crucial to the global economy, making up over 90% of businesses worldwide. WTO Chairman Matthew Wilson highlights their impact on innovation, growth, and trade, especially in China.
China’s Han Zheng Champions Global Supply Chain Cooperation at CISCE 2024
Chinese Vice President Han Zheng calls for enhanced global supply chain cooperation, focusing on win-win partnerships, optimization, and green transitions at CISCE 2024 in Beijing.
China’s Small Businesses Enjoy ¥946B Tax Cuts in First 9 Months
China’s small and micro-sized businesses received ¥946.1 billion in tax breaks from January to September, boosting employment and market vitality.
Why the IMF Doesn’t Classify China as an Advanced Economy
Discover why the IMF classifies China as an emerging market, focusing on per capita income, export diversification, and financial integration.
China Maintains Loan Prime Rates Amid Ongoing Economic Stabilization
China keeps its loan prime rates steady at 3.1% and 3.6%, signaling a cautious approach as it continues implementing policies to stabilize the economy.
China’s Economy Poised for Continued Recovery in Late 2024, NDRC Reports
China’s economy is set to maintain its recovery momentum in the last two months of 2024, driven by effective policies and rising business confidence, according to the NDRC.
Beijing and Shanghai Reduce Taxes on Large Home Sales to Boost Market
Beijing and Shanghai authorities have cut taxes on larger house transactions to stimulate the real estate market, aiming to boost sales and provide more options for homebuyers.