Alipay to have no controlling stakeholder
An expert said the central bank's acknowledgment of the removal of any controlling shareholder reflects the regulators' increasing emphasis on risk control, anti-monopoly measures…
Ouyang Shijia
China’s economists call for more policy push
A recent meeting emphasized the need to consolidate and enhance the momentum of economic recovery, and strive to promote overall improvement in economic operations to achieve both…
China expected to make fresh moves on local debt problems
Due to the rapid growth of local government debt in China over the past few decades, and the impact of the COVID-19 pandemic over the past three years, local governments currently…
Regional growth points to China’s firm economic recovery
Analysts expect more policy easing in the near term to expand effective demand and boost market expectations. Possible moves include a further easing of homebuying restrictions…
Game developers aiming for biz expansion, sales surge
The highly lucrative market generated revenue of 28.61 billion yuan in July, with a nearly 40 per cent year-on-year increase and an over 3 per cent month-on-month rise, according…
China unveils measures to boost private investment
The measures came after China unveiled a guideline to promote the development of the private sector.
China announces plans to boost consumption of cars, electronic goods
In a bid to foster a healthy automotive market, China urged localities to roll out supporting policies and not to introduce policies for local protection.
China’s strong economic recovery helps boost confidence in global economy
The country's top regulator for State-owned assets also said the country has witnessed some positive signs for a strong recovery on both the demand and supply sides.
China to further relax market access for foreign investors
Zhou Qiang, director of the department of market system development of the Ministry of Commerce, said China will appropriately shorten the negative list for foreign investment to…
China’s consumer inflation hits 18-month loW
The prices of fresh fruits and poultry increased by 11.5 per cent and 7.4 per cent, respectively, up from 8.5 per cent and 6.4 per cent in February.