The ban launched by the United States on Chinese telecom equipment maker ZTE Corp has caused market worries about the trade and investment environment in the US, the Ministry of Commerce said on Thursday.
It is time for China to promote research and development in and the application of homegrown chips in various sectors either by leveraging government procurement plans or giving tax rebates to innovative local semiconductor companies, experts said.
China's commercial banks may get more freedom to determine their own deposit and lending interest rates with the expected acceleration of market-oriented interest rate reform promoted by the top financial regulator, according to market analysts.
China will roll out more measures this year to lower overall business costs, according to officials with the nation's top economic regulator.
Beijing and Tianjin municipal governments recently carried out 16 new measures to foster a better cross-border trade environment.
BEIJING - A slew of substantial opening-up measures recently announced by China, covering the fields of finance, trade and investment, all say one thing: China intends to be more open, and will accomplish it.
By 2020, all Chinese airlines are expected to use electronic boarding passes, and China has become the first country to set such a clear goal.
The Chinese government's fiscal revenue may grow at a slower pace from the second quarter, under pressure from intensive tax cuts, weaker industrial price inflation and external uncertainties, said an official from the Ministry of Finance on Wednesday.
China will double the number of its existing business aircraft in the next decade, and will become the world's third-largest business aviation market only behind the United States and the Europe, according to market observers attending the 2018 ABACE air fair in Shanghai.
British automakers said that proposed cuts to Chinese import tariffs could offer a welcome boost to the country's car industry as it contends with declining exports to the European Union.
Huawei Technologies Co has scored another victory in the global race toward commercializing fifth-generation mobile communication technology, after the Chinese telecom equipment maker's 5G-ready products won official approval for commercial use in Europe.
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