A proactive fiscal policy that is in sync with the nation's prudent monetary stance will help ensure stable economic growth during the second half of the year, top economists said on Wednesday.
China and its partners participating in the negotiations of the Regional Comprehensive Economic Partnership (RCEP) agreement are expected to conclude the talks within this year, a senior official said on Wednesday.
The United States chip giant Intel Corp is stepping up efforts to target designers in China by unveiling a new category of tailor-made personal computers in cooperation with its industry partners.
China will accelerate the debt-for-equity swaps of qualified companies to reduce high corporate leverage, resolve financial risks and support overall economic growth, the country's top economic regulator said.
China's home appliance sector saw steady growth in the first half of 2019, with total revenue reaching 429.7 billion yuan ($62.4 billion), fueled by consumption upgrades and explosive growth of online retail in small towns and rural areas, a report showed.
Huawei Technologies Co said on Tuesday that some US suppliers have been gradually resuming sales to it, but so far the Chinese tech company still did not have access to some crucial US technologies such as the updates of Google's Android operating system.
China National Petroleum Corp has pledged to come up with more than 100 million metric tons of equivalent equity production of oil and gas from abroad by 2020, especially in markets in Central Asia, Russia, the Middle East and Africa.
After waiting for two hours in a bank, Wang Houqiang, the manager of a high-tech startup in Fuzhou, Fujian province, successfully opened a bank account for the newly established company much faster than he thought.
Strong opposition to Facebook's digital currency proposal may raise barriers for its launch, as financial regulators of major economies have called it a threat to fiat currencies.
Potential challenges from Libra, the global digital currency proposed by the world's largest social media network, are accelerating the launch of state-backed digital currencies by central banks in countries around the world including China.
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Raymond Zhou
Op Rana
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Chen Weihua
