China Lowers Over-Five-Year Loan Prime Rate to 3.95%
China’s over-five-year loan prime rate drops to 3.95%, signaling potential shifts in the housing and lending markets.
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China’s over-five-year loan prime rate drops to 3.95%, signaling potential shifts in the housing and lending markets.
Chinese premier Xi Jinping calls for enhanced land resource management and a comprehensive green transition to drive high-quality development and innovation in China.
Chinese mainland’s proactive policies in the pharmaceutical sector are attracting global medical giants, boosting investments and expanding operations in key development areas.
The Chinese mainland’s economy saw a significant boost during the Spring Festival holiday, with travel and consumption surging by 2.8 times compared to last year.
China’s Spring Festival sparks a consumption surge, highlighting robust domestic demand and signaling a positive start to its 2024 economic year.
China’s economic growth in 2023 bolstered global prosperity through manufacturing, trade, technology, and sustainable initiatives, setting the stage for continued global impact.
Chengdu is experiencing a winter sports boom, with rising interest in ice and snow activities boosting tourism and the local economy during the Spring Festival holiday.
During this year’s Spring Festival, gold sales have surged in China’s lower-tier cities, marking a significant shift in consumer behavior.
China continues to attract record levels of foreign direct investment, driven by strategic location, pro-business policies, and robust economic momentum.
Standard Chartered CEO Bill Winters and JPMorgan’s John Bilton share optimistic views on China’s transition to a new economy, highlighting robust growth in sectors like EVs and sustainable finance.