Briefly
Zhejiang to build bulk commodity hub
Zhejiang province in East China is set to build a "bulk commodity resource allocation hub" within its free trade zone, according to a plan released by the Ministry of Commerce and the provincial government. The hub will be built primarily in Zhoushan, an archipelago city known for its maritime industries, and the neighboring city of Ningbo will also be involved.
Insurance sector sees adequate solvency
China's insurance sector maintained steady operations and adequate solvency in the third quarter. The average comprehensive solvency ratio of the country's insurers was 197.4 percent by the end of September, and their average core solvency ratio was 135.1 percent, said the National Financial Regulatory Administration.
Xinhua - China Daily
Today's Top News
- Confidence, resolve mark China's New Year outlook: China Daily editorial
- Key quotes from President Xi's 2026 New Year Address
- Full text: Chinese President Xi Jinping's 2026 New Year message
- Poll findings indicate Taiwan people's 'strong dissatisfaction' with DPP authorities
- Xi emphasizes strong start for 15th Five-Year Plan period
- PLA drills a stern warning to 'Taiwan independence' separatist forces, external interference: spokesperson
