Little to separate winners and losers when it comes to competing on the biggest stages
An expected lower fiscal deficit-to-GDP ratio this year and a continual tax cut plan could add fiscal pressure on China and may result in a possible acceleration of bond issuance, analysts said on Thursday.
A private survey reflecting factory activity expectations by corporate purchasing managers of small and mid-sized manufacturing firms in China beat expectations to reach 51.6 for February, hitting a six-month high and confirming the country's sound growth momentum, analysts said.
Business executives in China are more optimistic about global economic growth than their global counterparts, according to the latest survey by PricewaterhouseCoopers.
Guangzhou and Shenzhen rank as the two most popular destinations for foreign investment on the Chinese mainland, according to a study conducted by the American Chamber of Commerce in South China.
China's first batch of car plates for road tests of connected cars was issued in Shanghai on Thursday, allowing vehicles to be test driven on a 5.6 kilometer-long road, which demonstrates the lead the city has taken in applying intelligent and connected car technologies across the country.
The People's Bank of China, the central bank, will encourage financial institutions belonging to the banking sector to issue creative and new types of bonds to supplement capital ahead of the tighter international regulatory standards that will come into effect from Jan 1, 2019.
The State Administration of Industry and Commerce said it will continue to deepen reform of the country's business administration system this year to further improve the commercial environment.
China took strong exception on Wednesday to the United States decision of imposing anti-dumping and countervailing duties on aluminium products from the country and said will take necessary measures to defend the interests of its exporters.
NANCHANG - In an attempt to find a shortcut to an IPO, Chinese companies are breaking with tradition and moving from big coastal cities to small inland towns. VST Automotive Navigation Co Ltd is one of the firms seeking to benefit from fast-track IPOs intended to help tackle poverty.
Tencent Holdings Ltd is making a fresh bet in expanding its music portfolio and footprint by leading an investment in an Indian music streaming service.
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