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China’s outbound direct investment up 16.2% in first half of 2024
China's non-financial outbound direct investment (ODI) surged by 16.2 percent year on year, reaching an impressive 83.55 billion U.S. dollars...
China unveils equipment renewal plan for energy sector
Chinese authorities on Wednesday unveiled an action plan to promote large-scale equipment renewals in the energy sector, as it moves...
China’s retail sales rise 2.7% to $528.82bn in July 2024
China's retail sales of consumer goods saw a year-on-year (YoY) increase of 2.7 per cent in July, reaching nearly 3.78...
China, Africa set to embrace closer economic, trade ties at FOCAC
Located 95 kilometers southeast of Addis Ababa, in the heart of the East African Rift, the Adama Wind Power Project...
China keeps key loan rates on hold as economic recovery shows progress
In a move reflecting cautious optimism, the People's Bank of China (PBOC) has decided to keep its one-year and five-year...
e-Commerce giant, SHEIN to Establish Supply Chain Headquarters in Guangzhou
SHEIN, a prominent player in the global e-commerce landscape, has announced plans to set up its supply chain headquarters in...
U.S. economists, trade groups voice concerns over tariffs against China
As the Office of the U.S. Trade Representative (USTR) is expected to issue a final determination on its proposed "modifications"...
China’s booming low-altitude economy drives new growth
China's low-altitude economy is entering a phase of rapid growth, offering people more excitement in the skies and bringing convenience...
China reports record railway passenger trips in first half of 2024
Railway passenger trips in China hit a record high of about 2.52 billion in the first seven months of 2024,...
China implements measures to align FTZs with international standards
China has fully implemented the first batch of measures to align its pilot free trade zones (FTZs) with high international...
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