Global Business: Recent Episodes
China Plus
Global Business offers in-depth analysis of the latest economic data, business trends and market moving policies, zooming in on how all this affects ordinary people.
--Officials outline goals for future trade and collaboration among APEC members
--U.S. inflation rises to 2.6% in October
--China hits 10 million new electric vehicle production milestone
--APEC host Peru considers Asia-Pacific vital to its growing international trade
--World leaders convene at the United Nations annual climate conference
--"Flying car" debut unveils diverse tech path of low-altitude economy at Airshow China
--Asia-Pacific region unlocks significant growth potential in digitalization
--2024 Double Eleven shopping festival sales surge
--Airshow China attracts more than 1,000 companies from 47 countries and regions
--1,200 business representatives to attend APEC CEO Summit
--China's consumer prices see stable growth of 0.3% in October
--Blind-box destination challenge in Tonglu, China's most beautiful county
--Chinese President Xi Jinping will attend the 31st APEC Economic Leaders' Meeting in Lima, Peru, and will also make a state visit to the country. President Xi will then travel to Rio de Janeiro to attend the 19th G20 Summit and will pay a state visit to Brazil.
--The U.S. Federal Reserve has lowered its interest rates by a quarter of a percentage point, setting the new target range at 4.5% to 4.75%.
--China’s foreign trade has grown steadily by 5.2% during the first 10 months of the year, with exports increasing by 6.7% in the same period.
--The 7th China International Import Expo is currently underway in Shanghai, and today we are focusing on the participation of countries from the Global South.
--The second day of the China International Import Expo is underway in Shanghai, showcasing innovative products and fostering international trade relations.
--Egypt is launching new initiatives to attract more international travelers to its historic sites and vibrant culture.
--The 7th China International Import Expo kicks off in Shanghai, with Premier Li Qiang emphasizing China's commitment to openness.
--China's services sector is experiencing rapid growth, as evidenced by the Caixin Services PMI of 52, signaling strong expansion.
--Stock markets traded sideways as investors awaited the U.S. leadership decision, amid developments in the currency and bond markets.
--Foreign leaders and trade representatives are gathering in Shanghai for the 7th Annual China International Import Expo.
--A month-long consumption campaign is underway in five Chinese cities, featuring a series of activities designed to boost spending in shopping, catering, tourism, exhibitions, and performances.
--China has urged France to take an active role in encouraging the European Commission to reach a solution that is acceptable to both European and Chinese electric vehicle industries.
--China rejects an EU tariff ruling over Chinese EVs and files a lawsuit
--China's manufacturing PMI bounces back to expansion territory
--U.S. third-quarter GDP grows a healthy 2.8% ahead of the presidential election
--Beijing voices firm opposition to the U.S. investment restrictions against China
--Multinational firms expand R&D capabilities in China
--Future Investment Initiative conference kicks off in Saudi Arabia
--Japanese Yen mired in political uncertainty
--Lebanese businesses struggle to deal with the impact of conflict
--Soaring costs and falling demand cripple Volkswagen, threatening thousands of jobs
--Finnish President Alexander Stubb arrived in Beijing on Monday for a four-day state visit to China.
--The second China International Supply Chain Expo (CISCE) will take place in Beijing from November 26 to 30.
--The Japanese yen fell to a three-month low on Monday as investors anticipate slower rate hikes.
--President Xi: "BRICS Plus" countries should be a stabilizing force for peace
--China to reduce interest rates on existing home loans to alleviate financial burdens
--IMF Chief: Global economy in danger of getting stuck on low-growth and high-debt path
--Chinese President Xi Jinping urges BRICS members to promote peaceful development
--U.S. Justice Department warns Elon Musk that his $1 million giveaway offer may be illegal
--Boeing announces more than $6 billion in losses
--President Xi Jinping meets Lao President Thongloun Sisoulith in Kazan
--The U.S. economy upgraded due to strength in domestic demand and an increase in labor supply
--Amazon, Google and Microsoft turn to nuclear as AI power demands surge
--The 2024 BRICS Summit is widely expected to promote Global South cooperation
--China's forex market turnover up 10.1% in first three quarters
--German Chancellor reiterates opposition to EU tariffs on Chinese EVs
--Sibos 2024 financial services forum opens in Beijing
--BRICS to convene first summit since expansion
--China's central bank cuts two key rates to historic lows to boost the economy
--European Central Bank cuts headline interest rate by a quarter point
--IMF warns of sluggish global growth as the institution prepares for annual meetings
--Poverty is at a historic low in Mexico as President Claudia Sheinbaum takes office
--China announces additional stimulus measures to stable housing market
--China's food supply contributes to welfare of Global South countries
--8th Sino-German Automotive Conference comes amid trade tensions
--Hong Kong to set up high-level advisory body to foster development of maritime industry
--China celebrates World Food Day with focus on food security
--Chinese-made cars have a big presence at the Paris Auto Show despite tariffs
--China's central bank releases financial data for the first three quarters of the year
--136th Canton Fair kicks off in Guangzhou
--Britain attempts to draw in new business with investor summit
--China's foreign trade up 5.3% in the first nine months of the year
--China's consumer price index edges up 0.4% in September
--Post-90s entrepreneurs fuel fresh growth in the Greater Bay Area
--China issues draft law on promoting private economy
--Chinese Premier Li Qiang calls for building an Asia of peace and openness
--U.S. inflation falls to 2.4% in September, recording a three-year low
--China's central bank launches swap facility to boost capital market development
--Chinese Premier announces substantial progress of China-ASEAN FTA 3.0 talks
--European automakers express concerns on EU's punitive tariffs on Chinese EVs
--China will continue to issue ultra-long special treasury bonds next year.
--Southeast Asian leaders are gathering in Laos to discuss regional development issues.
--Beijing will begin imposing tougher restrictions on imports of brandy from the European Union, after Brussels voted to apply additional tariffs to China-based electric vehicles makers.
--China's top economic planner outlines the country's stimulus policies
--Over two billion trips were recorded during China's National Day holiday
--China and the EU agree to continue negotiations to resolve disputes over EV tariffs
--China's total box office revenue exceeded 2 billion yuan (approximately $286 million) during the 2024 National Day holiday
--Strong anime culture drives consumption in Chengdu
--A survey by the German Automobile Club (ADAC) finds that 59% of respondents in Germany would consider buying Chinese cars
--Inbound tourism expected to outpace outbound travel during the National Day holiday
--Hang Seng Index records four consecutive weekly gains
--European Commission votes on tariffs on electric vehicles from China amid trade war worries
--High-level opening-up policies transform China-Laos border town
--Stalemate in talks threatens to prolong strike by around 45,000 dockworkers in U.S.
--Young people in China embrace indoor rock climbing during week-long National Day break
--China's marine economy increases in quantity and quality
--Around 50,000 dockworkers from Maine to Texas are on strike in the U.S.
--Over 21 million railway trips expected on the first day of the National Day holiday
--Beijing eases home purchase restrictions following Guangzhou, Shenzhen and Shanghai
--Germany's inflation dips below 2% for the first time since early 2021
--China's manufacturing PMI edged up slightly in September
--Chinese auto giant FAW has become a leader in the country's industrial revitalization
--Immersive theater and short dramas redefining entertainment in a digital age
--China’s stock market extended its rally on Friday morning following the central bank's announcement of cuts to both the bank reserve requirement ratio and the seven-day reverse repo rate.
--China's industrial profits continued to grow in the first eight months of the year, driven by the high-tech sector.
--China's top leadership holds a key meeting to make further arrangements for economic work, saying the fundamentals, resilience and potential of the Chinese economy have not changed.
--Southeast Asian nations are showcasing their best products at the 21st China-ASEAN Expo, concluding its third day, with many eager to impress Chinese consumers through their exhibitions.
--China's outward direct investment continues to rank among the top three countries in the world, maintaining this position for 12 consecutive years.
--The World Meteorological Organization warns that the goals of the Paris Agreement are getting out of reach.
--Chinese stocks surged after the country's central bank announced a slew of broad monitoring stimulus and property market support measures.
--The 21st China-ASEAN Expo is underway in the city of Nanning, with over 3,000 companies attending the event.
--Chinese authorities are about to step up support for factory equipment upgrades and consumer goods trading to boost investment and spending in China.
--Our special coverage of New China's 75th Anniversary: our reporters explore how a balance is constructed between ecological conservation and economic growth in Zhejiang Province.
-State Council executive meeting held to promote high-quality development.
-Chinese commerce minister in Europe to resolve trade disputes through dialogue.
--China's western region to be a super-connector to global trade networks
--China pledges to continue to negotiate on EU's anti-subsidy probe
--Scandinavian nation leads global charge in electric vehicle adoption
--Fed to announce rate cut decision
--Canada's inflation rate slows to 2% and hits central bank target
--Mooncake market heats up as innovative flavors gain popularity
--Buy Sichuan, Sell Global: A Journey into Chengdu's Sustainable Agriculture
--TikTok fights for its life in U.S. court
--Luoyang integrates traditional culture with modern consumer habits to boost local tourism
--CIFTIS 2024 showcases cutting-edge technology with real-world applications
--Review of this year's China International Fair for Trade in Services
--Chinese President Xi Jinping urges ecological conservation in Yellow River Basin
--Latest tech gadgets and services take center stage at 2024 CIFTIS
--Statutory retirement age will be raised in China
--Portugal sets up independent pavilion at CIFTIS for the first time
--Chinese Premier Li Qiang arrives in UAE after wrapping up two-day Saudi Arabia trip
--U.S. inflation softens to lowest level in three years as Fed looks to cut rates
--Bilateral trade between China and Saudi Arabia exceeds $100 bln for two consecutive years
--Beijing is set to host annual services trade fair
--EU court orders Apple to pay Ireland billions in taxes and fines Google for abusive practices
--China and Spain seek to expand cooperation in AI, digital economy and new energy industry
--China to further promote institutional opening up of trade in services
--Huawei launches world's first tri-fold smartphone
--Norwegian PM arrives in Beijing for three-day official visit
--Zambian president highlights global benefits of China-Africa partnership
--China's CPI edges up 0.6% in August
--China and African nations vow to advance modernization
--2024 Bund Summit navigates a changing world
--Foreign delegates gather in Shanghai for a workshop on developing greater AI capacity
--2024 FOCAC Summit aims to promote modernization and high-level partnership between China and African nations
--Eleven former central bank governors gather at the 2024 Bund Summit in Shanghai
--Fed Beige Book: More districts reporting flat or declining economic activity
--2024 FOCAC Summit kicks off in Beijing
-- Expansion in China's services activity slows in August while manufacturing returns to growth
--Volkswagen considers closing factories in Germany as part of its cost-cutting strategy
--China and Kenya agree to deepen ties and expand cooperation
--Total market value nears 41 billion U.S. dollars as Beijing Stock Exchange celebrates its third anniversary
--U.S. sees busiest Labor Day ever with travel up 9%
--China-Africa Trade and Investment Forum held in Beijing
--Caixin PMI returns to growth due to rise in new orders
--China's trade-in policies: Old items, new encounters
--China enhances market access framework to foster a competitive business landscape
--China strongly condemns EU and Canada for imposing tariffs on Chinese EVs
--Chocolate museum in Qingdao attracts many young visitors
--China releases White Paper on country's energy mix shift
--Qingdao Multinationals Summit concludes with fruitful results
--China to host African leaders at the 2024 Forum on China-Africa Cooperation in Beijing
--Global executives gather in Qingdao to expand cooperation with China
--Trade-in policy energizes the consumer market in China
--U.S. consumer confidence hits a six-month high amid growing labor market concerns
--China's industrial growth accelerates in July, driven by high-tech manufacturing
--Multinational executives gather for the Qingdao Multinationals Summit
--Beijing slams Ottawa's decision to slap 100% tariffs on Chinese-made EVs
--China's fiscal revenue slips 2.6% in the January to July period
--Gross revenue of Black Myth: Wukong estimated at $670 million
--Biz Focus: Ramping up solar power in China
--Chinese housing regulator unveils next steps for market reforms
--Humanoids and Cobots are flourishing at Beijing's Robot Expo
--Black Myth: Wukong excites gamers worldwide
--Chinese top policymakers issue new guidelines for wider market access for business entities
--World Robot Conference features the latest trends in robotics and technologies
--Fed minutes point to a possible interest rate cut in September
--China advocates free trade and cooperation as the EU unveils a draft decision on extra duties on China-made EVs.
--Cutting-edge humanoid robots will be on display in Beijing from August 21 to 25.
--Why the success of Black Myth: Wukong matters.
--China's Loan Prime Rate remains unchanged in August.
--Foxconn will build a new business headquarters in Henan.
--Fed minutes and Jackson Hole symposium expected to shape the interest rate outlook.
--China is the biggest source of inbound travelers to Vietnam.
--China Travel lifts domestic accommodation businesses and online payment services.
--Israel's Q2 GDP grew by 1%, missing expectations.
--Foreign investors' appetite for Chinese bonds continued to grow in July.
--China's catering market outperforms total retail growth from January to July.
--U.S. retail sales increased by 1% in July, marking the sharpest rise in 18 months.
--China's industrial output was up 5.1% in July.
--China marks National Ecology Day with a commitment to environmental conservation.
--Growth in the Eurozone remains stagnant while Germany's economy contracts.
--China's borrowing growth slows while the money supply stabilizes in the January to July period.
--Japanese PM Fumio Kishida decides not to run in the next Liberal Democratic Party presidential election.
--Japan's rice stockpile falls to a century-low due to rising temperatures.
--China issues guidelines to promote the green transition in all economic and social development areas.
--The Shanghai International Cruise Festival is expected to boost inbound tourism.
--Fijian PM Sitiveni Rabuka starts a 10-day China visit in Yunnan Province.
--China to boost the development of elderly care services.
--A once-polluted river in Fuzhou emerges as a popular tourist destination.
--Chinese refined online payment services fueling Chinese travel.
--China's CPI edged up 0.5% in July.
--Chinese Valentine's Day: From a Celebration of Love to a Celebration of Life.
--China-made hydrogen refueling machines contribute to the "double-carbon" goal at the Paris Olympics.
--China's foreign exchange reserves were up 1.06% in July from the previous month.
--U.S. mortgage rates drop on weak jobs data and Fed rate-cut signals.
--An influx of tourists and high prices have squeezed Athenian locals out of the rental market.
--China's foreign trade volume reached a record high in the first seven months of 2024.
--Japanese yen weakens as Bank of Japan governor eases rate rise fears.
--Breaking's Olympic debut highlights China's thriving street dance scene.
--Japan and South Korea's shares rebound after a massive sell-off.
--Olympic inclusion boosts the popularity of indoor rock climbing in China.
--China will pursue a high-standard opening up of the financial sector.
--China pledges to boost service consumption.
--The rising global popularity of skateboarding drives an upsurge in product demand.
--The flower industry is blooming at the Chengdu Horticultural Expo.
--Chinese Commerce Ministry: Total value of goods imported and exported in H1 hit new high.
--Index ranks Beijing and Hong Kong among the top 10 cities.
--EU lawmakers regulate AI technology use with Artificial Intelligence Act.
--Officials: China will boost its market economy and continue to strengthen its economic growth policies.
--Fed hints that rate cuts could start in September.
--China issues a five-year action plan for people-centered new urbanization.
--Official: Improving the macroeconomic regulation system will be key for the next stage in China.
--BoJ lifts interest rates to 0.25% and sets out a tapering plan.
--Paris pledges to halve the event's carbon footprint to host the greenest-ever Games.
--China sets economic priorities for the second half of the year.
--World Gold Council: Total global gold demand rises 4% to 1,258t in Q2.
--Inner Mongolia's "solar panel Great Wall" speeds up China's green development.
--China and Italy will deepen cooperation in trade, investment, and cultural exchanges.
--Regulator: China sees stable growth of patent and trademark applications by foreign entities.
--Purchases of gold bars and coins jumped 46% in H1.
--China's state asset authorities pledge deeper reforms to boost competitiveness.
--Chinese companies take center stage at the Paris Olympics as suppliers of souvenirs and equipment.
--G20 Finance Ministers meet in Rio de Janeiro to discuss global 2% income tax on the super-rich.
--The major Chinese banks lower RMB deposit rates.
--Asian shares tumble after a tech selloff on Wall Street
--China's summer grain yield of nearly 150 billion kilograms surpasses all previous years.
--Entrepreneurs from Taiwan are establishing various businesses in Wuxi.
--Delta Airlines faces investigation by the U.S. Transport Department following a global IT outage lasting four days.
--Chinese FM Wang Yi reassures U.S. executives on reform and opening up.
--Wuxi is among 26 Chinese cities with an annual GDP of over one trillion yuan.
--Costs and benefits of hosting the 2024 Olympics.
--The Central Committee of the Communist Party of China has adopted a resolution on further deepening reform comprehensively to advance Chinese modernization.
--China cuts its benchmark lending rates to spur economic growth.
--Chinese officials stress building a high-standard socialist market economy.
--Gold prices retreat after hitting an all-time high of over $2,482 per ounce.
--Paris gets a boost in creating a more bike-friendly city.
--China's imports and exports expand in H1 2024.
--Shanghai's Zhangjiang Science City has become a leading center for innovation.
--Fed Beige Book: U.S. firms point to slowing activity and softer labor market.
--IMF raises China's 2024 economic growth forecast to 5% from April's previous 4.6% outlook.
--Local governments in China empower tech commercialization through ownership reform.
--Gold price hits an all-time high of over $2,482 per ounce.
--The output, new orders, and orders-on-hand of China's shipbuilding industry continued to expand in H1.
--China’s private enterprises achieve rapid development under deepening reforms.
--Chinese immersive theater makes "time travel" possible.
--China's foreign trade in goods is up 6.1% so far this year.
--U.S. producer prices were up 0.25 in June.
--Personalized color analysis testing becomes a must-do for fashion lovers.
--Customs data: China's foreign trade in goods grew 6.1% in H1.
--China's regional integration strategy sparks a new form of open economy.
--Samsung union declares indefinite general strike demanding pay rise.
--Chinese authorities have released a white paper titled "Marine Eco-Environmental Protection in China."
--China has accelerated the establishment of a unified domestic market.
--Britain's economy grew by 0.4% in May.
--China's consumer prices see positive growth for five consecutive months.
--China's promotion of high-level institution-based openness in finance provides new opportunities for the global market.
--Fed Chair Jerome Powell signals a rate cut could be near.
--2024 China Internet Conference opens to promote digital cooperation.
--Rural China sees incomes double and a surge in e-commerce amid an infrastructure boom.
--French Prime Minister Gabriel Attal will stay on as the political deadlock continues.
--Smart transformation boosts the private economy of Jinjiang in Fujian Province.
--China ramps up support for job seekers by launching nationwide online campaigns.
--Startups gear up to help reduce food waste in Central Europe.
--China-Tajikistan bilateral trade reaches 3.93 bln USD in 2023, up more than 50% from a year ago.
--Global brands extend their reach to central and western China.
--China and the U.S. lead global AI innovation as new entrants surge in 2023.
--China and Kazakhstan foster long-standing ties in Astana.
--German car industry urges EU to stop tariffs on Chinese EVs.
--Bolivians experience faster than expected recovery, but not everyone has profited.
--China and Kazakhstan deepen cooperation in transportation and tourism.
--Survey: China's services activity growth slowed in June but remains in expansionary territory.
--UN report: Global trade resumed growth in Q1.
--Premier Li Qiang to attend the opening of the 2024 World AI Conference.
--UN adopts China-proposed resolution on AI.
--Outbound travel sees robust growth this summer in China.
--China's private Caixin manufacturing PMI records the fastest growth in three years.
--Exploring Dalian: China's visa-free travel boom.
--Flag raising ceremony held to celebrate the 27th anniversary of Hong Kong's return to China.
--Trade between China and Peru grew 6% in the first quarter of this year.
--the Japanese Yen hits a fresh 38-year low.
--Shanghai welcomes waves of house buyers thanks to favorable policies.
--Chipmaker Nvidia holds the first shareholder meeting since the stock surge.
--How can China's ocean resources be used sustainably for economic growth?
--U.S. new home sales slump at start of busiest sale season.
--Peruvian President Dina Boluarte visits Nanshan Museum and Huawei in Shenzhen.
--Energy transition, green finance, and climate leadership are on the top agenda of this year's Summer Davos.
--Participants share their views on the 2nd Belt and Road International Skills Competition.
--Chinese Premier attends Summer Davos opening ceremony.
--European auto stocks gain as talks begin with China on EV tariffs.
--The 2nd Belt and Road International Skills Competition is underway in Chongqing.
--Bilateral trade between China and Poland remains at a record high despite weakening global demand.
--Global leaders convene in Dalian for Summer Davos 2024.
--Yiwu merchants learn foreign languages and tap AI tech to expand global reach.
--Report says Hong Kong ranks as the world's 5th most competitive economy.
--WEF: Global energy transition progress has slowed in the past three years.
--The Shanghai Film Festival features 461 films from 64 countries and regions.
--The East Coast Rail Link is hailed as a flagship project of China-Malaysia Belt and Road cooperation.
--China's loan prime rates unchanged for a fourth consecutive month.
--Ursula von der Leyen remains the frontrunner to win a second term as European Commission president.
--China has been Malaysia's largest trading partner for 15 years.
--Lujiazui Forum 2024 opens in Shanghai.
--UK inflation returns to the two percent target for the first time in nearly three years.
--China and Australia maintain cooperation on iron ore.
--Platforms extend discount offers during China's mid-year online shopping festival.
--No final agreement was reached on candidates for top jobs in the EU bloc after the informal leaders summit in Brussels.
--Premier Li Qiang and Australian PM Anthony Albanese witness the signing of cooperation documents.
--Major indicators of China's economy remain stable in May.
--Biz Focus: What is it like to watch an "all-electric Formula 1" in Shanghai?
--Chinese Premier Li Qiang visits New Zealand to expand trade and cooperation.
--China issues 50-year ultra-long treasury bonds worth 4.8 billion U.S. dollars.
--China's early 2024 economic activity shows promising growth.
--Premier Li Qiang: China is ready to work with New Zealand to double the value of exports in the next decade.
--BMW, Mercedes, and Volkswagen criticize the EU's newest tariffs on Chinese EVs.
--China's revolutionary STAR board completes five years of stock trading.
--President Xi Jinping calls for improving modern corporate structures, food security, and the environment.
--China's CPI was up 0.3 percent in May, and PPI was down 1.4 percent.
--World Bank says global growth is stabilizing but well below pre-pandemic levels.
--Dragon boat economy injects new vitality into cultural and travel economies.
--"Apple Intelligence" will be infused into various devices without sacrificing user privacy.
--EPP retains its position in the European Parliament, but far-right parties have picked up seats.
--How has traditional zongzi turned into a lucrative food industry?
-- Monday marks the first International Day for Dialogue among Civilizations.
--Chinese autonomous trucks revolutionize the logistics industry with cutting-edge technology.
--China's import and export of goods are up 6.3 percent yearly in the first five months of 2024.
--Mid- and short-distance travel is expected to be the rage of the upcoming Dragon Boat Festival.
--Participants share practices and exchange ideas at the St. Petersburg Economic Forum.
--China and Pakistan are working on the second phase of the CPEC economic partnership.
--Shanghai and its nearby provinces pledge to collaborate in transport, logistics, and AI for better integration.
--Canada becomes the first G7 nation to cut interest rates.
--Private survey: China's services PMI climbs to 10-month high.
--Yangtze River Delta economic belt speeds up technology and public service network integration.
--"Modinomics" drives India towards "Developed India" branding.
--IATA expects the global aviation industry to generate 30.5 billion U.S. dollars in profit this year.
--Indian shares slump on narrower lead for Modi-led alliance.
--China's construction business is growing with the ongoing housing market adjustment.
--China's Caixin PMI hits a two-year high, signaling faster manufacturing growth.
--New automotive trends are expected at the 2024 GBA International Auto Show.
--Macao pursues economic diversification and stresses expos, food, and culture.
--Landmark agreements sealed at the 10th ministerial conference of the China-Arab States Cooperation Forum.
--May sees manufacturing contraction as expansion in China's services sector accelerates.
--China-Malaysia trade relations yield fruitful results.
--Chinese President Xi Jinping announced China will host the second China-Arab States Summit in 2026.
--Tianjin becomes the latest city to ease policies to spur the property market.
--China's State Council urges local governments to phase out NEV purchase restrictions.
--IMF: China's growth to stay 'resilient' at five percent.
--China's largest cities ease restrictions on home buying to spur demand.
--Consumer confidence improves amid growing inflation and recession concerns in the U.S..
--China's top financial regulator vows to foster a healthy relationship between finance and real estate.
--Shanghai ceremony commemorates the first anniversary of C919's inaugural commercial flight.
--Global leaders discuss ways to rebuild the Bretton Woods system at the 2024 Tsinghua PBCSF Forum.
--The first China-Japan-South Korea summit talks in more than four years were held in Seoul.
--China's major industrial enterprises report 4.3 percent growth in combined profits in January-April.
--Yichun logging halt spurs economic growth and creates job opportunities for residents.
--Chinese President Xi Jinping urges further reforms centering on Chinese modernization.
--China issues a second batch of ultra-long special treasury bonds.
--Over 4,000 investment projects are traded at the China International Cultural Industries Fair.
--Nvidia's fiscal Q1 revenue beats expectations.
--McDonald's posted weaker profits in Q1.
--Buenos Aires posts first fiscal surplus in 16 years, but the economy shrinks by 8.4 percent in March.
--Chinese Premier Li Qiang highlights the role of the financial sector in serving the real economy and urges efforts to promote the sector's high-quality development.
--BEYOND Expo 2024 gets underway, showcasing Asia's latest technologies and industry trends.
--Today marks the International Day for Biodiversity. This year's theme, "Be Part of the Plan," is a call to action to halt and reverse biodiversity loss by supporting the implementation of the Kunming-Montreal Global Biodiversity Framework.
--China's top economic planner stresses expanding effective investment.
--Chinese FM: The one-China principle is the anchor of peace across the Taiwan Strait.
--Japanese finance minister says government should communicate with bond traders in response to yield surge.
--China removes mortgage rate floors for homebuyers nationwide.
--China sees "rapid growth" in tourists from Belt and Road countries.
--The Chinese lithium-ion industry embraces innovation and cooperation to create a sustainable future.
--President Xi Jinping and President Vladimir Putin attend the opening ceremony of China-Russia Years of Culture.
--China's consumption and production activities witness fast growth in April.
--New home prices decline in April, with varied shifts in first-tier cities.
--Russian industries benefit from booming ties between China and Russia.
--U.S. inflation eased slightly in April to 3.4 percent.
--China's BYD launches hybrid pickup truck in Mexico.
--China slams major U.S. tariff hikes on Chinese EVs, solar cells, and semiconductor technology.
--Putin: Russia-China economic ties have great prospects.
--PBOC leaves China's key policy rate unchanged.
--Chinese Premier Li Qiang stresses good use of ultra-long special treasury bonds.
--Experts: Supply chain stability and global cooperation essential for economic growth.
--OpenAI rolls out AI updates to GPT-4, intensifying competition.
--The Global Trade and Investment Summit opens in Beijing.
--China will issue its first ultra-long treasury bonds on May 17.
--Second-hand platforms become vibrant hubs of youth culture in China.
--Chinese President Xi Jinping and Hungarian President Tamas Sulyok discuss bilateral cooperation.
--China's housing market lauds eased policy measures in Hangzhou and Xi'an.
--Tianjin releases a negative list for data export management in pilot FTZ.
--Chinese president arrives in Budapest to boost economic cooperation.
--Jerusalem downplays U.S. pause in shipping heavy bombs.
--Thousands homeless and displaced due to torrential rains in Kenya.
--Chinese President Xi Jinping arrives in Belgrade.
--TikTok sues the U.S. over a potential First Amendment violation.
--OpenAI CEO Sam Altman confronts AI fears around elections and ongoing conflicts.
--The Chinese President calls on China and France to oppose acts of decoupling.
--Chinese President: China sees Europe as an essential partner in achieving Chinese modernization.
--China Logistics Prosperity Index stands at 52.4 in April.
--China becomes France's largest trading partner in Asia.
--Travel and consumption boost the tourism sector during the May Day holiday.
--Caixin General Services PMI edges down to 52.5.
--Thursday records 17.6mln railway trips across China.
--Global automakers compete to capture diverse market segments with sub-brands.
--Chinese companies partner with Hungary in the solar energy sector.
--Cities across China launch events and services to meet consumption demand.
--The third phase of the Canton Fair showcases diverse exhibitions.
--The US Fed leaves interest rates untouched.
--China expects 270mln daily trips over the five-day May Day holiday.
--Hong Kong makes an effort to attract Chinese mainland tourists.
--The Beijing Auto Show expects over 100,000 visitors.
--Chinese President Xi Jinping will visit France, Serbia, and Hungary from May 5 to 10.
--Survey shows that China's manufacturing and non-manufacturing sectors continued expansion in April.
--The IMF expects the Asia-Pacific economies to grow steadily amid rapid disinflation.
--Chinese Premier Li Qiang meets Tesla CEO Elon Musk in Beijing.
--Japanese Yen rebounds against dollar after earlier plunge.
--From seeds to cup: A journey to the heart of China's coffee farming.
--Chinese Foreign Minister Wang Yi meets with U.S. Secretary of State Antony Blinken in Beijing.
--Chinese consumers lead EV market preferences.
--U.S. GDP growth slows to an annual rate of 1.6 percent in Q1.
--TikTok to challenge "unconstitutional" ban in court, expects ultimate win.
--The Chinese Foreign Ministry urges the EU to stop suppressing Chinese enterprises.
--Smart mobility takes center stage at this year's Beijing Auto Show.
--China's western region shifts to quality development.
--UBS: The profit momentum of the Big Six tech firms could be headed for collapse.
--Chengdu gears up to become e-sports cultural capital.
--China to shore up tech innovation through fiscal policies.
--Total trade between China and Portuguese-speaking countries is up 2.8 percent.
--Over 4,000 exhibitors showcase cutting-edge technologies at Hannover Messe 2024.
--Economic cooperation and people-to-people exchange between China and Cambodia continue to expand.
--U.S. federal government revenue declined much faster than spending in 2023.
--Lighthouse factory pioneers eco-friendly NEV manufacturing in Greater Bay Area.
--China's agricultural and rural economy maintains steady momentum in Q1.
--Gold prices on track for 5th weekly gain.
--Formula One Shanghai Grand Prix returns to China.
--China firmly opposes U.S. Section 301 probe.
--Car and motorcycle companies double down on the Chinese market.
--IMF calls for fiscal restraint among world economies.
--China International Consumer Products Expo highlights China's green consumption upgrades.
--China-U.S. financial working group meets in Washington.
--IMF upgrades forecast of global growth in 2024 to 3.2 percent.
--Chinese President says China-Germany relations transcend the scope of bilateral ties.
--China's GDP expands at a faster pace of 5.3 percent in Q1.
--Yacht exhibition debuts at 4th China International Consumer Products Expo in Haikou.
--Countries and regions showcase achievements as the Consumer Products Expo in Haikou enters Day 3.
--German Chancellor Scholz visits Tongji University, German polymer producer in Shanghai.
--135th Canton Fair welcomes buyers and exhibitors from around the world.
--China's foreign trade up 5 percent year on year in the first quarter.
--China International Consumer Products Expo set to open in Hainan.
--Policymakers gather for annual IMF-World Bank spring meetings as they face tough economic headwinds.
--China's consumer price index up 0.1 percent year-on-year in March.
--Dialogue forum on China-Germany financial cooperation underway in Beijing.
--U.S. consumer prices rose 3.5 percent in March, highest in six months.
--Chinese Commerce Minister Wang Wentao visits Italy.
--China's Finance Ministry says the Fitch rating outlook downgrade "regrettable."
--China's job market sees shifts in preferences and opportunities.
--U.S. Treasury Secretary stresses U.S. is not seeking decoupling from China on multiple occasions.
--China's SME Development Index logs uptick in first quarter.
--China's electric vehicle debut in Irish market aids the shift to new energy.
--Chinese Premier Li Qiang has met with U.S. Treasury Secretary Janet Yellen in Beijing.
--Chinese Commerce Minister Wang Wentao refutes "overcapacity" accusations in EV industry at a roundtable meeting in Paris.
--U.S. Treasury Secretary Janet Yellen begins visit to China in Guangzhou.
--Passenger flow across China tops 297 million on first day of Qingming Festival holiday.
--Tourist arrivals in Uganda up 56 percent in 2023 amid sector recovery.
--Surge of tourists and new flight options anticipated during Qingming Festival.
--China's NDRC urges large-scale equipment upgrades and trade-in of consumer goods.
--Zimbabwean President Mnangagwa declares drought disaster.
--Presidents Xi Jinping and Joe Biden hold a candid, in-depth exchange of views on bilateral ties.
--Growth accelerates in March on new business expansion.
--Camping boom boosts demand for lightweight outdoor equipment.
--Multinational corporations remain bullish on long-term market prospects in China.
--China strongly opposes revised U.S. chip export restrictions.
--Low-altitude economy takes off in Anhui.
--China's manufacturing sector surged with the fastest growth in 13 months.
--Shanghai starts a year-long trial of stamp tax exemption in its free trade zone.
--China's rising influence in the lab-grown diamond industry shines globally.
--2024 Boao Forum concludes with an emphasis on cooperation, innovation, and sustainable development.
--Authorities say Guangdong is dedicated to high-quality development and Chinese modernization.
--Gold prices hit new all-time highs on strong safe-haven demand.
--China pledges to make its economy a strong driving force for global recovery.
--Shanghai accelerates the building of global "Five Centers" of economy, finance, trade, shipping, and sci-tech innovation.
--New York cocoa futures surge 130 percent amid supply concerns.
-China's industrial profits increased 10% in the first two months of the year.
-The Boao Forum for Asia emphasizes the transformative impact of AI on our lives, identifying it as an opportunity for growth and cooperation among Asian countries.
-The US issues new climate regulations, which stipulate that the majority of new cars and trucks in the country be electric or hybrid by 2032.
--China and Honduras mark the first anniversary of diplomatic ties.
--The annual report of the Boao Forum says the Asian economy will maintain a relatively high growth rate despite external challenges.
--Boeings CEO and top leaders step down following controversy over safety issues.
--Chinese Premier speaking at the China Development Forum vows to improve the business environment.
--Asia is poised to contribute two-thirds of global growth in 2024.
--Will digital humans become our competitors?
--China introduces initiatives to empower entrepreneurs and enhance worker training.
--Apple opens a new flagship store in Shanghai.
--Aerospace industry development fuels economic growth in smaller cities
--Chinese Foreign Minister Wang Yi completes first official visit to Australia in seven years.
--China's economy gains stability with government spending boost.
--U.S. Fed holds rates steady amid continued inflation pressures.
--China's loan prime rates unchanged in March.
--China launches Queqiao-2 relay satellite to lunar orbit.
--Fed gathers to deliberate timing of interest rate cuts.
--Beijing aims to build an international innovation center.
--Bank of Japan hikes interest rates for the first time in 17 years.
--Unmanned machines improve spring plowing efficiency in China.
--China's economy continued to recover in first two months.
--Chinese foreign minister makes the first trip to New Zealand and Australia in seven years.
--China's e-tricycles go viral overseas.
--New home prices decline in February in China, with varied shifts in first-tier cities.
--Chinese authorities to tighten supervision on IPOs and listed firms.
--U.S. producer prices rose in February, fueling concerns of interest rates "higher for longer".
--Trial visa-free policy begins for citizens of Belgium, Ireland, Austria, Luxembourg, Switzerland and Hungary.
--EU lawmakers endorse political deal on artificial intelligence rules.
--Singapore defends exclusivity deal for Taylor Swift's Eras Tour performances.
--China's finance ministry issues 12 billion yuan in treasury bonds in Hong Kong.
--How China's homegrown passenger jet can compete with international peers?
--U.S. consumer prices rose 3.2 percent year on year in February.
--China to ensure steady improvement in ecological environment in 2024.
--U.S. President Joe Biden proposes new 7.3 trillion US dollars federal budget.
--Growth of silver economy creates a golden opportunity for China.
--U.S. President Biden delivers fiery State of the Union address.
--Gangs control about 80 percent of Haitian capital.
--Sierra Leone welcomes 25th Chinese Medical Team and 50 years of cooperation.
--Premier Li: Unremitting and solid efforts needed to promote all-round rural revitalization.
--CGTN poll: Over ninety percent of global respondents believe China-U.S. relations are not a zero-sum game.
--Hong Kong's housing market rebounds after policy changes.
--Chinese foreign minister: China to extend visa exemption on a pilot basis.
--China's total trade of goods hits record high in first two months of 2024.
--Jerome Powell says central bank is not yet ready to cut the benchmark interest rate.
--China aims to create 12 million urban jobs.
--Development plans for quantum computing, big data and AI.
--Chinese government promotes green and low-carbon development.
--China decides to maintain the five percent GDP growth target in 2024.
--China to step up quantum computing, AI efforts.
--Caixin Services PMI records 14 consecutive months of growth, shows slight slowdown in February.
--NPC reveals agenda legislators will deliberate.
--Chinese auto manufacturer BYD helps drive "new quality productive forces".
--How China manages its underground pipe systems?
--China's official PMI came in at 49.1 in February.
--Guangdong-Macao In-depth Cooperation Zone operates with new customs system.
--China-Thailand visa exemption measures come into effect from today.
--China releases 2023 statistics on national economic and social development.
--What is "New Quality Productivity", or "New Productive Forces"?
--U.S. Congress reaches deal to extend federal budget, avoiding shutdown on Saturday.
--Provinces throughout China step up efforts to stabilize foreign investment.
--Financial Secretary unveils plan for Hong Kong's new fiscal year.
--Shenzhen unveils 24 measures to promote automobile exports.
--Sierra Leone's president arrives in Beijing to start state visit in China.
--Coordinated development of China's Beijing-Tianjin-Hebei region delivers notable outcomes.
--Over 88,000 participants from at least 200 countries attend the Mobile World Congress in Barcelona.
--China signs MoU of the WTO's Least-Developed Countries and Accessions Program.
--China pledges more efforts to attract foreign investment.
--China's megacities to spend one trillion yuan annually on urban village renovation projects.
--Home prices in China show signs of cooling in January, with declines narrowing.
--Guangzhou utilizes underground space to boost economy.
--Recycling companies invest in China, riding 2060 carbon neutrality goal.
--China's thriving trade partnership with the Republic of the Congo.
--Spring Festival unleashes nationwide consumption boom.
--Chinese firms showcase new futuristic intelligent RVs.
--25th China-France Strategic Dialogue held in Paris.
--China's financial watchdogs pledge efforts to build financial powerhouse.
--Ice and snow industry witnesses significant growth.
--Five-year loan prime rate drops to 3.95 percent.
--Market players suggest new leadership tighten IPO rules.
--COMAC wins orders for C919 and 16 ARJ21 jets at Singapore Air Show.
--Meetings held across China to further improve business environment and boost private sector in the new year.
--Consumption booms during Chinese new year holiday.
--Panda craze fuels livestreaming industry growth.
--Chinese box office booms with record profits in smaller cities during Spring Festival holiday.
--Ecuador officially ratifies free trade agreement with China.
--U.S. retail sales tumble 0.8 percent, more than expected in January.
--China sees 1.8 million daily inbound, outbound passenger trips during Spring Festival holiday.
--Outlook for China's domestic tourism market in 2024.
--China is Germany's most important trading partner for eighth year in a row.
--JPMorgan says China should not be treated as “un-investable.” Standard Chartered’s CEO is optimistic about China's economy.
--The latest numbers show U.S. inflation continues to drop towards the central bank's target range, but some costs remain high, such as housing and eating out.
--Chinese tourists are spending abroad as international travel surges over the Chinese New Year Holiday.
--We take a closer look at the potential evolution of cognition, with the rise of brain computer interface technology.
--As Spring Festival celebrations continue across the country, we take a closer look at the booming holiday consumption.
--Elon Musk's Neuralink has implanted a chip in a human brain.
--PBOC reports accelerated credit growth in January.
--Pre-cooked meals transform Chinese reunion dinner tables.
--China-Singapore 30-day mutual visa exemption starts February 9th.
--China's consumer price index ticks up month on month in January thanks to pre-holiday spending.
--Railway system and civil aviation brace for travel peak day.
--2024 marks the 45th anniversary of the establishment of diplomatic ties between China and Portugal.
--Vice Premier He Lifeng meets U.S. treasury officials in Beijing.
--Chinese authorities to tighten supervision, prioritize investor interests.
--Railway system braces for busiest 2-day period ahead of Chinese New Year.
--CFLP: Global factory PMI up 1.3 points to settle at 49.3 in January.
--Chinese new year holiday shopping season in full swing.
--Hainan's Danzhou "PhD village chiefs" help boost development efforts.
--Beijing vows to improve business environment.
--Caixin services PMI records 52.7 in January.
--Gold jewelry stores in competition in China's smaller cities.
--China's Spring Festival travel rush continues into its second week.
--China's cross-border e-commerce has seen robust growth in recent years.
--Tens of thousands of passengers were grounded on Thursday as airport security staff across Germany walked off the job.
-China's manufacturing sector expanded for the third consecutive month in January 2024, marking the longest period of expansion since May 2021.
-The U.S. Fed left key interest rates unchanged on Wednesday, signaling a major step toward potentially lowering them in the coming months, as stated in a policy announcement.
-Our special series: We take a deep dive into the evolution of China's cross-border settlementmechanisms.
--China's manufacturing, non-manufacturing PMI continue steady recovery in 2024.
--IMF: Asia on track to deliver two-thirds of global growth in 2024.
--China's cross-border livestreaming e-commerce market expected to exceed 118 billion USD in 2025.
--Bilateral trade volume between China and Malaysia surpassed 190 billion USD in 2023.
--Chengdu leverages e-commerce to boost foreign trade, promote traditional industries.
--World Digital Education Conference kicks off in Shanghai.
--China sets new rule to suspend loans of restricted shares.
--China-Thailand economic ties demonstrate strong complementarity.
--Bilateral trade up 800-fold since China and France established diplomatic ties in 1964.
--This year marks 60th anniversary of China-France ties.
--China updates pilot reform plan for Shanghai Pudong New Area.
--U.S. GDP grew at 3.3 percent annualized rate in fourth quarter.
--Thousands strike against proposed economic reform in Argentina.
--Fitch cuts growth forecast down to 1.5 percent for 2024.
--Tesla lowers vehicle volume growth for 2024.
--Netflix inks blockbuster 5 billion U.S. dollars/10-year deal with WWE.
--French government asks for country to unite behind Olympics.
--Teenager aiming to become first Chinese national to reach Austria's highest ski instructor level.
--China's grain output hits new high of 695.41 million tons in 2023.
--Bank of Japan leaves ultra-low rate unchanged.
--Tourism authorities announce exciting incentives nationwide to stimulate local economies and revitalize the tourism sector.
--China keeps its benchmark lending rates unchanged in January.
--China issues guideline to strengthen 'silver' economy.
--G77+China meeting looks to bolster South-South cooperation.
--China's industrial economy experienced a robust rebound in 2023, solidifying its position as the world's leading manufacturing powerhouse.
--Global leaders and influencers gather for final day of Davos summit, focusing on pressing global issues.
--US congress passes stopgap bill to avert government shutdown as national debt surpasses $34 trillion with no signs of going down.
--Chinese Premier Li Qiang concludes his visit to Ireland, highlighting the vast potential for mutual benefits between the two sides.
--China's top economic planner outlines the key focus areas this year to drive growth and development.
--With the US consumers spending more than expected in December plus strong wage gains, markets are increasingly doubting whether or not the Fed will begin cutting interest rates in March.
Our special program tracking China's growth in 2023:
--We will take a comprehensive look at China's economy in 2023 and examine how the world's second largest economy successfully navigated global uncertainties in the era of artificial intelligence.
--We will showcase how China has maintained resilience and embraced openness in a forward thinking manner.
--Chinese Premier Li Qiang is in Switzerland, calling for both sides to boost free trade and bolster cooperation in areas such as green development and the digital economy.
--Under the theme of "Rebuilding Trust," the World Economic Forum's Annual Meeting aims to restore collective agency, reinforce transparency, and facilitate dialogue.
--Chinese Foreign Minister Wang Yi is in Tunisia for a three-day official visit.
--Chinese Premier Li Qiang and President of the Swiss Confederation Viola Amherd vowed to enhance collaboration during Li's visit to Switzerland.
--World Economic Forum 2024: Rebuilding Trust.
--Chinese tech giant Huawei is set to launch HarmonyOS Next this Thursday.
--China's total foreign trade up 0.2% in 2023.
--China's CPI down 0.3% in December 2023.
--U.S., UK launch strikes on Houthi military targets in Yemen over Red Sea vessel attacks.
--Belgian Prime Minister Alexander De Croo embarks on landmark official visit to China.
--China achieves remarkable milestone as it emerges as the world’s leading car exporter in 2023.
--Argentina and IMF reach groundbreaking agreement to salvage debt program.
--China, Tunisia celebrate 60 years of diplomatic ties.
--The World Economic Forum 2024 annual meeting is scheduled to start on January 15th in Switzerland.
--The International Consumer Electronics Show 2024 showcases the latest and greatest in technology.
--China Eastern Airlines' 4th C919 scheduled passenger operations between Shanghai and Beijing.
--China issues directive on integrated development across the Taiwan Straits for Fujian Province.
--World's largest personal electronics show to kick off in Las Vegas this week.
--Maldivian President Mohamed Muizzu is paying a state visit to China this week.
--Yemen's Houthi Group continues to target commercial vessels in the Red Sea, raising concerns for the global supply chain.
--Biz Focus: we explore China's first domestically built cruise ship, the Adora Magic City.
--China's service trade up nine percent year on year in the first 11 months of 2023.
--UN expects global economic growth to slow down in 2024.
--Chinese farmers embrace live-streaming to produce and sell nationwide.
--China's December services activity expands at quickest pace in five months.
--U.S. Fed minutes show rate cuts likely but outlook remains uncertain.
--Ice and snow festival in wintry Harbin warms its economy.
--China's top economic planner launches innovative platform to provide more financing opportunities for private enterprises.
--Global shipping giants extend suspension of Red Sea shipments.
--Biz Focus: How the famous Yellow Mountain is developing tourism in the sustainable manner?
--Caixin manufacturing PMI rises to four-month high in December.
--China's consumption sector sees sharp rebound during the New Year holiday.
--China to release more measures to support private sector development.
--President Xi Jinping outlines China's vision for 2024.
--China ventures into lucrative cruise business as first homegrown vessel sets sail.
--President Xi Jinping and his U.S. counterpart Joe Biden exchange congratulations on 45th anniversary of diplomatic ties.
A comprehensive overview of China's economy for the entire year of 2023 focusing on steady recovery, ongoing opening-up and promising outlook for the coming year.
--China issues blueprints for coordinated development of key areas in Guangdong and Shenzhen.
--China's green development in 2023.
--Oil prices rise amid fears over escalating tensions in Middle East.
--China's industrial profits skyrocket 29.5 percent in November on a yearly basis.
--Bullion prices reach all time high in 2023.
--U.S. holiday retail sales rise 3.1 percent.
--Chinese officials stress on building unified national market to inject vitality into China's economy.
--China's foreign trade hits 38 trillion yuan in first 11 months of this year.
--Conflict costs Germany's economy more than 100 billion euros.
-- China waives tariffs on 98 percent of taxable products from six least-developed African countries.
--Today marks 8th anniversary of the foundation of the Asian Infrastructure Investment Bank.
--Biz Focus: How AI is helping with smartphone manufacturing in China?
--China introduces its tailored housing policies to accelerate home delivery in cities as part of efforts to boost the property sector.
--Major Chinese banks implement further reductions in deposit interest rates to address profit pressures.
--U.S. gears up for enormous holiday travel surge.
--Central Rural Work Conference analyzes challenges facing farmers, agriculture and rural areas.
--China's foreign investment surges to new heights in 2023.
--Boao Forum report highlights Asia's digital economy as key driver of growth.
--China keeps loan prime rates unchanged for December.
--Business in Yiwu booms despite decline in China's overall trade.
--Toshiba delisted after 74 years.
--NDRC expects moderate rise in CPI next year.
--Shanghai Stock Exchange's impressive milestones over three decades.
--Macao marks 24th anniversary of return to motherland.
--Macroeconomic policies will provide support for China's economic recovery with more opportunities.
--Authorities release new regulations on non-bank payment institutions.
--2023 marks 45th anniversary of China's reform & opening up.
--Official data shows that China's economy maintained a steady recovery in November with an increase of output and consumer spending.
--China eases home-buying criteria further with new measures expanding to cities such as Beijing and Shanghai.
--European Central Bank keeps key interest rates unchanged.
--President Xi Jinping wraps up his two-day state visit to Vietnam.
--U.S. Federal Reserve keeps its key interest rate unchanged.
--The COP28 climate conference concludes in Dubai with deal to "transition" from fossil fuels.
--President Xi Jinping's state visit to Hanoi aims to boost mutual trust and cooperation.
--Central Economic Work Conference focuses on China's economic recovery and challenges.
--Consumers in U.S. say that the tips they pay are reaching their tipping point.
--President Xi Jinping arrives in Hanoi for a two-day state visit.
--China unveils measures to boost integrated development of domestic and foreign trade.
--Biz focus: key measures and targets set as Central Financial Work Conference drives economic and financial reform.
--Chinese President Xi Jinping's state visit to vietnam: we take a look at the expectations for the visit and trade ties between the two countries.
--China's consumer price index (CPI) edges down 0.5 % in November compared to a year ago driven by falling food and energy prices.
--Biz Focus: we take you to Guangxi to find out how the food industry is driving agricultural modernization and increasing farmers income.
--Venezuelan President Nicholas Maduro is on a state visit to China to elevate bilateral ties.
--China’s ecological and environmental protection industry generated total revenue of 2.2 trillion yuan last year.
--We look at how the Belt and Road Initiative has brought benefits to emerging economies.
-Venezuelan President Nicolas Maduro has arrived in Beijing. Zambia President Hakainde Hichilema is also in China for a week-long state visit. -China's Supreme People's Court has helped home appliance giant Dyson and its Chinese counterpart Dream resolve an intellectual property dispute. -Celebrating ten years of the Belt and Road Initiative.
-The G20 Summit concluded over the weekend. -According to the People's Bank of China, China's money supply jumped. -In today's episode of Biz-Focus, we explore China's expanding pet economy and pet-friendly policies.
--Chinese Premier Li Qiang calls for prioritizing development at ASEAN+3 meeting.
--China’s foreign trade for the first 8 months was slightly down by 0.1% on yearly basis.
--We take to you to southwest China’s Yunnan Province to find out how it is building itself into a high-quality trading hub targeting South and Southeast Asia.
-Chinese Premier Li Qiang addressed the summit in Jakarta, emphasizing strong bilateral ties. -The 2023 China International Fair for Trading Services is its final day in Beijing. -The Silk Road Cultural Expo is Underway in Gansu province.
-The Caixing Services PMI in August marks the lowest reading since December 2022. -The 2023 China International Fair for Trading Services is in full swing in Beijing. -We continue to commemorate the 10th anniversary of the Belt and Road Initiative, and our reporters are now traveling to Pakistan and Kazakhstan to see how the initiative is boosting corporations.
--As 2023 China International Fair for Trade in Services (CIFTS) kicks off in Beijing, we delve into in the standout moments in the financial services sector at this year’s fair.
--The UK is the guest of honor at this year’s CIFTS. How is that making a difference?
--We commence our special series on the 10th anniversary of the Belt and Road Initiative and its profound socio-economic impact, starting from the iconic Karakoram Highway.
-China’s central bank is cutting the foreign exchange reserve ratio from 6% to 4% to support the yuan. -From lower mortgage rates to lower down payments, we will examine how China is working to support its property sector. -One of the world's most comprehensive fairs for trade and services will kick off in Beijing on Saturday. More than 2,200 companies from around the world will attend.
--China's manufacturing industry continues to consolidate its recovery in August as factories produce more and see an expansion in new orders.
--Supporting China's property sector, major Chinese cities introduce policies aimed at broadening the scope of individuals who can qualify as first-time home buyers.
--Britain's top diplomat James Cleverly visits China today.
--U.S. Commerce Secretary Gina Raimondo embarks a 4-day tour in Shanghai.
--The cumulative worth of social logistics operations in China during the first 7 months of this year grew by 4.7% on a yearly basis.
--U.S. Secretary of Commerce Gina Raimondo has held discussions with her Chinese counterparts to address concerns and enhance bilateral trade relations.
--Protests from Japan and neighbor nations persist as Tokyo's decision to discharge radioactive water from the Fukushima Nuclear Power Plant into the ocean triggers backlash.
--Urumqi International Land Port in Xinjiang introduces the streamline services with an eye on elevating trade efficiency along the Belt and Road Network.
--Chinese authorities have unveiled several new measure to boost market trading and restore investor confidence.
--Chinese Commerce Minister Wang Wentao and U.S. Secretary of Commerce Gina Raimondo have met in Beijing. The meeting is seen as collaborative efforts to alleviate the strain between the world's two largest economies.
--Biz Focus: we explore current tourism trends and the initiatives.
--The BRICS grouping of developing economy giants invites six new members to join.
--We take a closer look at China's cooperation with the Southeast Asia ahead of 20th China-ASEAN Expo in next month.
--As China's population ages, we will explore how the country is making efforts to ensure a more comfortable life for its senior citizens.
--We bring you the latest from the 15th BRICS Summit.
--We'll look at how artificial intelligence might be able to help better predict and prevent weather disasters.
--Japan says it will release the waste water from its Fukushima Nuclear Plant as soon as this Thursday.
--The five-member group of BRICS: Brazil, Russia, India, China, and South Africa are discussing expanding the bloc with more countries.
--Professional networking site LinkedIn is still recovering from a massive hack.
--Chinese President Xi Jinping travels to South Africa for a key summit with BRICS leaders.
--Chinese President Xi Jinping is embarking on a state visit to South Africa alongside his participation in the upcoming BRICS Summit.
--The People's Bank of China cuts its one-year loan prime rate by 10 basis points, keeps 5-year rate unchanged.
-Chinese President Xi Jinping will attend the 15th Brick Summit in South Africa next week. -China's first shipping index future begins trading today in Shanghai, helping companies hedge against the risks of volatile container freight costs. -A new report shows that China's vast manufacturing sector is leveraging the industrial internet to digitize rapidly, while the country is now home to over 200 world-leading smart factories.
-v and promoting high-quality development. -Asia's biggest pet industry fair commences in Shanghai, breaking previous records in terms of event magnitude. -In today's episode of Biz Focus, we take a closer look at the efforts being taken by China to bolster rural consumption.
-Fewer big cities in China saw home price growth in July, but authorities say real estate risks are defusing. -The 7th China-South Asia Expo opens in Kunming. -Beijing is hosting the World Robotics Conference as the robotics industry expands progressively.
-China releases its economic data for July, including industrial production, retail sales, trade, and foreign investment. -China's central bank cuts key policy rates for the second time in 3 months, lowering one-year medium-term lending facility loans by 15 basis points. -What is ecological civilization? We delve into the concept by looking at China's path to sustainable development and environmental protection.
-China issued new guidelines to optimize the foreign investment environment further. -We will focus on China's electric vehicle makers and how they are bumping up smart production and expanding their presence globally. -As part of a special Belt and Road Initiative series, we focus on China's Gansu province, the starting point of the ancient silk road, to see how trade and investments have reshaped its economy.
-The Shanghai Shenzhen exchanges announced moves to improve trading flexibility and optimized supervision. -China and Singapore pledged to pursue projects on the Belt and Road Initiative and resume direct flights. -Virgin Galactic launches its first tourist passengers into the weightlessness of space.
-US President Joe Biden signed an executive order banning certain US investments in China's high-tech industry. -China's new energy vehicle production and sales both surged over 30 % year on year in July. -In our special series, we focus on how smaller companies in China are leveraging opportunities to boost trade with Belt and Road countries.
-Positive indicators, China's consumer price index, and the major primary inflation gauge experienced a monthly increase in July. -We journey to Guangzhou to observe the interactions between the trading hub and the countries involved and beyond. -And reestablishing impetus, Chinese emergency management authorities have announced that the nation's flood and disastrous situations are attaining stability.
-A positive aspect of China's foreign trade declined in July, but imports and exports increased during the first seven months of the year. -We break down numbers, we story impetus, and ongoing efforts for recovery persist. Following the floods that swept through northern China. -The 31st piece of the World University Games closes up in Chengdu, southwest China.
China's tax authority introduced multiple measures to alleviate the tax burden on small and medium-sized companies and simplified the trade tower of payment, charting a new course. Shanghai stock exchange launches Star 100 index broadening investment options for the market and energizing consumption. In today's Biz focus, we explore the new consumption trends during the summer in southern and northwestern China.
--China rolls out more measures to support the private sector and small and medium-sized businesses.
--We look at how the rise in purchasing power of Chinese consumers enables stronger luxury consumption growth in the country.
--Rescue operations continue in Beijing and neighboring areas in the aftermath of record rainfall.
--China’s service sector begins the third quarter on strong note, with robust business activity across industries.
--Fitch analyst says the US ratings downgrade was prompted by a higher debt-to-GDP ratio and fiscal deficit compared to other triple-A economies.
--We delve into the impact of World University Games on boosting sports popularity in the host city of Chengdu.
--142 Chinese companies are in the Fortune Global 500 list, the most of any country.
--Fitch downgrades US credit rating after debt limit standoffs.
--We head to the Chinese city of Quanzhou for a closer look at how this key hub of the ancient maritime Silk Road is playing its part in driving trade and growth today.
--China’s top economic planner unveils measures including cutting red tapes and tax returns aimed at bolstering private companies.
--A decade of partnership, as the China Pakistan Economic Corridor celebrates its 10th anniversary.
--Extreme weather sweeps through the globe, with floods, droughts, wildfires and tornadoes striking different parts of the world.
--China’s manufacturing sector shows signs of recovery amidst continuing expansion in non-manufacturing.
--Chinese Vice Premier He Lifeng is in Pakistan to attend celebrations of the 10th anniversary of the China Pakistan Economic Corridor.
--.We explore how traditional Chinese characters are making waves in entertainment industry.
--The 31st Summer World University Games opens in the Chinese city of Chengdu. We take a look at how this event is going big on green and low carbon.
--China’s Ministry of Housing and Rural Development calls for more actions to consolidate the recovery in the property sector.
--A key expo for China’s e-sports sectors kicks off in Shanghai. We explore the evolution of China’s e-sports.
--China's industrial profit decline narrowed in June as supportive policies flowed through and profit margins rose. --The US Federal Reserve raised interest rates for the 11th time since March 2022, with benchmark rates now at their highest level in 22 years. --In our special segment, Biz Focus will take a closer look at the legacy of the Beijing Winter Olympics and how the sporting event has boosted the popularity of winter sports here in China.
--China's securities regulator pledges to maintain stable funding channels for property firms following a top-level meeting to optimize policies in the sector. --China expresses a strong commitment to supporting employment by encouraging the growth of both emerging and mainstay industries. --Senior Chinese diplomat Wang Yi calls for joint efforts to address global security challenges at the BRICS Security Advisors meeting.
--The Political Bureau of the Communist Party of China Central Committee held a meeting on Monday to analyze the current economic situation and make arrangements for the economic agenda in the second half of the year --High-level officials of BRICS countries, meeting in South Africa, called for synergies development. --Along the Belt and Road, in our special series on China-initiated infrastructure projects, we will take you to Xi'an.
--Senior Chinese diplomat Wang Yi was scheduled to attend the BRICS security meeting in Johannesburg on Monday after visits to Ethiopia and Kenya. --China has announced more measures to stimulate private investment, especially in some key industries. --In our Biz focus segment, we explore how high technology companies convert scientific research into tangible products.
-China's foreign exchange regulators say the country saw net capital inflows in the first half of the year. -We take a closer look at a key guideline outlining strong policy support for the country's private sector. -We will look at how scientists are breeding new rice varieties to withstand the impacts of climate change.
--Chinese banks keep loan prime rate unchanged as previous month at 3.55%. We discuss what this means for economic growth.
--China issues guidelines to boost private economy growth, promising improved business environment, enhanced policy support and stronger legal guarantees to private firms.
--We take you to Guangzhou to explore how Cantonese cuisine has been making a name for itself on international culinary stage.
-China's top economic planner says the country's economy continued to recover in the second quarter, with the trend of recovery heading in a positive direction. -Algerian President Abdelmadjid Tebboune is in China for a state visit. We'll take a closer look at China-Algeria economic ties. -China-US climate talks, senior Chinese diplomat Wang Yi has met with the US special presidential envoy for climate John Kerry in Beijing.
In today's special program, we are tracking China's growth and breaking down the first-half performance of the world's second-largest economy as we also look ahead at what's in store for the Chinese economy in the second half of the year.
--China’s central bank says financial statistics for the year's first half suggest an overall economic recovery. --ASEAN foreign ministers are meeting in Jakarta to discuss various issues, including regional security, development, and cooperation. --Inner Mongolia Autonomous Region of northern China has been promoting industrial tourism centered around its strong dairy industry.
--Chinese foreign trade volume in goods in the first half of 2023 rose by 2.1% to a record 20 trillion yuan or 2.8 trillion dollars. --China's online platforms are doubling down on technological innovation and development, with many investing heavily in frontier technologies. --In today's episode of Biz Focus, we explore how carbon reduction technologies are helping China achieve its carbon neutrality goals.
--China empowers small and medium sized business clusters nationwide driving collaboration and development.
--Over 2 million Chinese people are taking to the skies every day in July for the summer vacation.
--China sets annual Low-carbon Day on 12th July to promote sustainable development and tackle climate change.
--China's small and medium sized enterprises resume growth in June with SME development index touching 89 after a 3-month decline.
--China sports industry heats up despite extreme summer temperatures boosted by strong consumer demand.
--The Solomon Islands inaugurated its embassy in China on Tuesday, a day after the two countries upgraded diplomatic ties to a comprehensive strategic partnership.
--China's consumer inflation remained flat in June while factory-gate prices continue to fall.
--Biz Focus: we look at the rapidly growing brain computer interface market and explore how the technology can help people with disabilities or brain diseases.
--The 56th Asean Foreign Ministers' meeting to commence on Tuesday in Jakarta, Indonesia, with an eye on strengthening, cooperation and partnership.
--Chinese President Xi Jinping visits a variety of industries in the cities of Suzhou and Nanjing on his inspection tour of Eastern China.
--U.S. Treasury Secretary Janet Yellen is visiting China to screen the communication on vital economic and trade issues.
--A white paper has just been released at a Global Digital Economy Conference to shed light on the ever growing significance of the sector to the world economy.
--U.S. Treasury Secretary Janet Yellen is due to arrive in the Chinese capital as Washington looks to ease economic tensions with China.
--U.S. Federal Reserve officials say they will tighten monetary policy further and raise interest rates this year, but the pace is likely to slow.
--A private reading of China's service sector shows activity expanding for a 6th straight month, but at a slower pace.
--Following an explosion in users and worldwide traffic since its launch last November, OpenAI's Chatgpt is expected to see negative growth in site visits in June.
--Temperatures around the world are expected to soar even higher. As the EI Nino weather pattern is likely to return for the first time in 7 years.
--Promoting multilateral cooperation, Chinese President Xi Jinping attends the Shanghai Cooperation Organization Summit by a video link.
--International Atomic Energy Agency is in Japan to report on the country's plans to release treated waste water from the Fukushima nuclear power plant into the ocean.
--We'll take a closer look at the rapid development of China's digital economy.
--China's economy maintains its positive momentum with small companies showing growth in manufacturing activity in June.
--The third China-Africa Economy and Trade Expo in Changsha conclude with attendance from over 50 African countries, paving the way for stronger partnership and collaborations in the future.
-New Zealand Prime Minister Chris Hipkins concludes his official visit to China. In the joint statement, both sides agree to strengthen high-level contacts and reinforce and explore more areas for cooperation. -China welcomes more Made in Africa products to seek opportunities in the massive Chinese market. We're on the ground at the third China-Africa Economic and Trade Expo. -China's manufacturing PMI rose in June, with factories seeing expanding production activity and improving new orders.
-The biggest takeaway from the World Economic Forum-a Summer Davos in China's Tianjin, as leaders in government, business, and academia all call for rewiring the global economy. -Over 1,500 companies from 53 African countries are participating in the third China-Africa Economic And Trade Expo, which is in central China today. -Leaders of the world's top central banks are calling for further policy tightening in order to tame inflation.
-China's industrial profits declined at a slower pace in May. We'll also look at how China's manufacturing sector is making that transition more advanced. -We take you to the World Economic Forum, "Summer Davos," as leaders in business, government, and academia gather in China's coastal city of Tianjin to discuss the future of the global economy.
-Chinese Premier Li Qiang expresses confidence in China's ability to sustain high-quality economic development. -Many country leaders are visiting China, and we'll look into Chinese diplomacy. -RMB rebounded against the dollar after a sharp fall following the Dragon Boat Festival.
-Barbados, New Zealand, Mongolia, and Vietnam leaders are visiting Beijing ahead of the Summer Davos. -China saw strong demand for consumption and travel during the 3-day Dragon Boat Festival holiday. -In Biz Focus, we explore China's efforts to protect arable land and revitalize its vast rural areas.
--Chinese Premier Li Qiang met with French President Emmanuel Macron in Paris during an official visit. --Countries and regions across the globe, including China, India and the U.S., are suffering from high temperatures. - In today’s edition of Biz Focus, we look at some of the most exciting consumption trends of the Dragon Boat Festival today.
--Chinese Premier Li Qiang has put forward a three-point proposal for China-France cooperation. We discuss what the trip means for Sino-Europe cooperation and global stability. --The China International Cartoon & Animation Festival is underway in Hangzhou. We focus on the development of China’s animation industry. --In today’s edition of Biz Focus, we look at some of the most exciting consumption trends of the Dragon Boat Festival.
-Chinese Premier Li Qiang calls on China and Germany to set an example for strengthening mutually beneficial China-Europe cooperation. -China has extended its purchase tax exemption for NEVs. -We delve into China's Alternative Investment Segment to see how real-estate investment trusts are growing into a mature market.
-Chinese Premier Li Qiang met with German President Frank-Walter Steinmeier in Berlin on Monday. -China's Central Bank on Tuesday cut its benchmark 1-year and 5-year loan prime rates by ten basis points. -Paris Air Show, the world's biggest international aerospace event, is currently underway in France after a 4-year pause.
-China and the US agreed to effectively manage differences in advanced dialogue and cooperation. -The Hong Kong stock exchange launches its new dual counter-trading model on Tuesday. -In today's Biz Focus, our reporter will share his experiences of participating in the 26th annual St.Petersburg international economic forum.
--Chinese President Xi Jinping has met with Bill Gates, co-chair of the Bill and Melinda Gates Foundation in Beijing on Friday.
--The 26th St. Petersburg International Economic Forum is currently underway.
--The European Central Bank raised its benchmark interest rate to 3.5%, the highest since May 2001.
--China's economic growth will be significantly faster in the second quarter，according to its statistics bureau.
--The US Federal Reserve leaves interest rates unchanged for the first time after ten consecutive heights.
--Biz focus: we explore how online dramas are reshaping China's film and television industry.
--Honduras is set to join China's Belt and Road Initiative, marking a new chapter in bilateral relations.
--The four-day Carbon Neutrality Expo wrapped up in Shanghai earlier today, we take a look at highlights from the events.
--The 26th St. Petersburg International Economic Forum got underway on Wednesday.
--Honduras is set to join China's Belt and Road Initiative, marking a new chapter in bilateral relations.
--The stock market of the Shanghai Stock Exchange is celebrating its 4th anniversary. We look at what has been achieved.
--We take you to China's first carbon neutrality themed expo in Shanghai to see what technology and products are on display.
--Honduran President Xiomara Castro is in the midst of her 6-day state visit to China and is expected to meet with Chinese President Xi Jinping. --Several Chinese commercial banks reduce interest rates on a range of yuan deposits in a coordinated move to ease pressure on profit margins. --Biz Focus: we look at how accessory level products are affecting the smartphone market and other related sectors.
--China's consumer price index rose 0.2 % in May while the producer price index growth continued its downward momentum.
--With Chinese consumer needs becoming diversified and individualized, we take a look at the new shopping trends in emerging consumption industries.
--Discussions are continuing on a host of financial topics at the Lujiazui Financial Forum in Shanghai.
--China's national financial regulators talked about the current stage of financial environment and market situation of the country at the 2023 Lujiazui Forum forum.
--China's biggest commercial banks on Thursday lowered interest rates on yuan deposits to ease pressure on profit margins.
--Chinese President Xi Jinping called for sustained efforts in tackling diversification during an inspection tour in China's Inner Mongolia region.
--China's total foreign trade in the first 5 months of this year recorded a 4.7 % increase from a year ago.
--Thousands of French workers have taken into the streets to protest against the pension reform law proposed by President Macron.
-China's first domestic-made cruise Adora Magic City has set sail from Shanghai. -The global manufacturing sector continues to struggle as PMI contracts for the eighth straight month and reaches a three-year low. -Tens of thousands of beautiful villages have emerged in east China, Zhejiang province, thanks to a 20-year project aimed at revitalizing rural areas.
--China has modified existing policies and launched a series of new measures to help build a unified market nationwide.
--Biz Focus: we explore the intelligence, transformation and digitalization of manufacturing in China.
--Today is World Environment Day. We take a closer look at the efforts this year, most of which are focused on finding solutions to the plastic pollution problem.
-The regional comprehensive economic partnership has come into effect in the Philippines today. -BRICKS nations issued a joint statement urging the use of local currencies and trade between members and partners. -US President Joe Biden welcomes Senate's approval to raise the debt ceiling and avert a first-ever default.
-The Caixing manufacturing PMI is back in the growth territory in May, and we find out what the numbers indicate. -In this edition of this focus, we explore an emerging tourist attraction, the Movie Town theme park, and the economic phenomena behind it. -On International Children's Day today, we look into China's children's consumption market, the new demands, and the patterns.
-China's non-manufacturing sectors maintained extension in May while factory activists experienced a further decline due to good demand. -China's foreign minister Qin Gang reiterates commitment to improving the business environment during his meeting with Tesla CEO Elon Musk in Beijing. -European property markets struggle with record-low returns, rising interest rates, banking turmoil, and economic uncertainty.
-The Zhongguancun Forum wrap-up in Beijing today. -US President Joe Biden and House Speaker Kevin McCarthy have come to an agreement on the dept-ceiling. -We look into the trend as more countries adopt currencies other than the US dollar for trade and other purposes.
-China's first-ever large passenger aircraft, the C919 starts regular commercial operations on the Shanghai to Chengdu route. -US President Joe Biden and House Speaker Kevin McCarthy have reached a tentative deal to raise the country's debt ceiling. -Explore the changes in Dafeng, the world's largest oil painting village near Shenzhen.
-The President of the Democratic Republic of Congo is on a state visit to China. We take a closer look at economic ties between the two sides. -Trade ministers of the Asia-Pacific Economic Cooperation are meeting in the US city of Detroit. Chinese Commerce Minister Wang Wentao is expected to meet with US Trade Representative Katherine Tai on Friday. -The Zhongguancun Forum is currently underway in Beijing with AI being one of the main purposes of discussions.
-President Xi Jinping calls for stronger Asia-Europe Immigration and Eurasian Economic Forum. -The 2023 Global Trade and Investment Promotion Summit took place in Beijing. -And global ratings agency Fitch has put the United States credit on watch for a possible downgrade on Wednesday.
-Russian Prime Minister Mikhail Mishustin is on official visit to China and we take a closer look at China-Russia trade. -Bipartisan talks will continue in the US on raising the government's debt ceiling as the nation faces a risk of default as early as June the 1st. -The Coffee Culture Week is in full swing in Shanghai resuming on China's coffee market.
-U.S. President Joe Biden and House Speaker Kevin McCarthy have been unable to reach an agreement on raising the U.S. government's debt ceiling bringing the U.S. closer to a default. -Chinese Premier Li Qiang held a meeting on Friday to urge more efforts to build a unified national market to release market potential and provide support for high quality economic growth. -Ireland's privacy regulator has fined Facebook's parent company Meta, a record $1.3bn.
-China's central bank has kept its key lending rates on chains for the 9th straight month, and promise to keep rates at a reasonable level. -In today's BizFocus, we explore generated AI such as ChatGPT and prosper regulations that may come on. -And U.S. President Joe Biden rejects Republicans' demand for spending cuts amid negotiations to avoid the debt default.
Chinese President Xi Jinping holds a round-table meeting with leaders of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan at the China-Central Asia summit in Xi'an.
The Third China-Central and Eastern European country's expo and international consumer goods fair is underway in Ningbo, with countries pledging greater cooperation, especially in areas such as technology.
Global travel and tourism sector back on the recovery path. Especially in China, with more Chinese consumers willing to travel and spend.
--Leaders from kazakhstan, kurdistan, tajikistan, turkmenistan and uzbekistan gathered today in the northwest Chinese city of Xi'an for the China-Central Asia Summit.
--We look at China-Central Asia freight trains which indicate booming trends.
--China launched its new national financial regulatory administration for a broader oversight of the country's financial sector.
--China and Central Asian countries look to forge stronger partnerships during a regional summit in Xian this week.
--Latest housing data shows growth in China's real estate market slowed in April.
--US President Joe Biden and top congressional republican Kevin McCarthy have edged closer to a deal to avoid a looming debt default.
--The Northbound Swap Connect is officially launched to enable foreign investors to trade interest rate swaps in the onshore interbank market.
--Chinese President Xi Jinping is set to chair the China-Central Asia Summit on May 18th in Xi'an, Shaanxi Province.
--We take a look at China's economic trend and impact.
--The 3rd BEYOND International Technology Innovation Expo wraps up in China's Macao special administrative region today with the theme of "Technology redefined".
--At the G7 meeting, US Treasury Secretary Janet Yellen warns at the US debt fraud.
--China's consumer price index, a main gauge of inflation, climbed 0.1 percent from a year earlier in April. The producer price index, which gauges factory-gate prices, was down 3.6 percent.
--The IMF says the Asia-Pacific region will remain dynamic and contribute around 70% of global growth in 2023.
--We take a look at Hangzhou's live streaming business.
--Today marks the 7th China Brand Day--We look at how Chinese companies are gaining brand recognition and their contribution to consumption and economic growth.
--The ASEAN Summit officially kicked off in Indonesia on Wednesday with Indonesian President Joko Widodo urging ASEAN unity and economic integration for the region.
--A major fight is brewing in the US capital of the debt ceiling.
--During the first 4 months of this year, China's foreign trade reached over ￥13.3 trillion ($1.9 trillion), which is almost a 6 % increase from the same period last year.
--Key talks will be held soon between US government officials and house representatives to avoid a default on over $31 trillion of US debt.
--Chinese foreign minister Qin Gang is currently on a visit to Germany as part of an European trip, resuming on trade ties between the two countries.
--Key talks are set for Tuesday between US government officials and house representatives to avoid a default on over $31 trillion of US debt for the first time in history.
--Asian shares tracked higher on Monday as investors brace for a turbulent week with the US inflation data and debt ceiling talks.
--We take a look at the efforts being made to protect water resources in Yangtze River, economic belt.
-China service sector continues to recover as a private gauge of services activity shows a 4th straight month of expansion. -The Canton Fair wraps up in southern China's Guangzhou with a record number of exhibitors in attendance. We'll take a closer look at what the mega trade event means for China and the global economy. -Share prices of US regional banks plunged despite reassurances from the Federal Reserve, that the US banking system is solid.
-The U.S. Federal Reserve raises its benchmark interest rate for a 10th consecutive time, now to its highest level in 16 years.
-China sees tourism and travel booming over the Labor Day holiday with an estimated passenger volume, surpassing 270 million trips during the 5-day break, a surge of more than 163 % from last year.
-Today, in our special series BizFocus, we zoom in on China's dynamic performing arts industry.
--China's Labour Day holiday is poised to see record breaking travel data as China's pent up travel demand is released.
--The Fed is widely expected on Wednesday to raise interest rates and perhaps signal a pause in its 14-month tightening cycle.
--Rising population in India is putting more pressure on women and elderly in workforce.
--China continues to break travel records on 4th day of the first long holiday break since the easing of Covid-19.
--The IMF predicts growth in the Asia-Pacific region to accelerate to 4.6% this year from 3.8% last year.
--Wall Street stocks ended lower on Monday as markets digested the takeover of the embattled First Republic Bank.
--China witnesses its biggest Labour Day travel surge in 3 years.
--We take a look at how local delicacies are becoming big business in Shandong Province.
-China is gearing up for a travel rush with the five-day Labor Day holiday just around the corner. We take a look at holiday travel trends. -The Bank of Japan kept its ultra-low interest rates and announced a broad review of its monetary policy. -U.S. first-quarter GDP grew by 1.1%, much lower than expected.
-The Chinese government has announced a series of measures to boost employment and build a multi-level safety net to protect livelihoods. -In today's episode of Biz Focus, we take a closer look at autonomous driving and the latest developments in the sector. -China's tourism market is witnessing a strong recovery.
--China’s provinces, municipalities and autonomous regions have announced their GDP growth numbers for the first quarter.
--Gold demand picks up in China and globally, while prices of precious metals gain significant ground.
--The second phase of China’s Import and Export Fair is underway to focus on private businesses.
--We walk you through the agricultural areas in the southern Chinese province of Jiangxi to under how the country’s rural revitalization policies shape up local development.
--China is placing more emphasis on labor quality than labor quantity.
--China has reiterated support to the private sector, urging enterprises to play a leading role in innovation.
--We take a look at China’s luxury consumption which is recovering steadily.
--We walk you through the agricultural areas in the southern Chinese province of Jiangxi to under how the country’s rural revitalization policies shapes up local development.
--China launches new risk management instrument for bond traders in the form of three 30-year bond futures on the China Financial Futures Exchange.
--We walk you through the agricultural areas in the southern Chinese province of Jiangxi to under how the country’s rural revitalization policies have shaped up local development.
--We look at the progress made by China in autonomous driving technology.
--China’s agricultural and rural economy maintains strong development momentum during 2023’s first three months.
--We take a close look at the ongoing China Import and Export Fair in the southern city of Guangzhou.
--China's top economic planner says the economy got up to a good start in the first quarter, reflecting the resilience and vitality of the country's economy.
--The 20th Shanghai International Automobile Industry Exhibition is now underway.
--China's first- quarter economic growth surpasses expectations, signaling steady economic rebound.
--The 20th Shanghai International Automobile Industry Exhibition kicks off on Tuesday.
--Twitter CEO Elon Musk says the US government had full access to direct messages of users before his takeover of the social media platform.
--The 133rd China Import and Export Fair is underway in Guangzhou attracting buyers from over 200 countries and regions.
--We look at how offline shopping is regaining its momentum in China.
--China's housing market continued to recover in March.
--Brazilian President Luiz Inacio Lula da Silva is to meet Chinese President Xi Jinping in Beijing as both countries look to further expand bilateral ties. --We get you the latest from the third Hainan Expo in mega platform connecting the world's top brands with Chinese market. --An economic outlook released at the ongoing IMF-World Bank meetings in Washington says that China's reopening is going to boost growth in the region.
--Brazil's President Luiz Inácio Lula da Silva has arrived in Shanghai for a four-day state visit to China. We take a look at how infrastructure cooperation has strengthened between the two sides. --To get you the latest from the third Hainan Expo, a mega platform connecting the world's Top brands with the Chinese market. --China's exports saw a rebound in March despite the decline in U.S. and European demand. We take a closer look at the latest foreign trade numbers.
--We're on the ground at the third Hainan Expo, a super platform connecting the world's top brands with the Chinese market. Our focus today: the rise of green consumption here in China. --"An uncertain outlook and a rocky recovery", that is how the IMF describes the global economy and its latest world economic outlook. --And Brazil's President will arrive in China today for a four-day state visit to step up bilateral relations.
--Connecting global brands with a super-sized consumer market, we're on the ground at the third Hainan Expo for more on how businesses around the world are seeking opportunities in the expanding Chinese markets. --Price stability for both consumers and producers in the world's second largest economy will explore how China keeps inflation in check despite high inflation elsewhere. --We'll take a closer look at what's on the agenda at the IMF and World Bank spring meetings, as central bankers and finance ministers gather to take stock of the global economy.
--Connecting the world's top brands with China's super-sized consumer market, we're on the ground at the third International Consumer Products Expo in Haikou. --A major move for China's financial market reforms: the first batch of ten companies list on China's main boards under the registration-based IPO system. --And we'll explore how Russia's economy is faring following tough sanctions in the west, after the Russian ruble suffered its worst week last week against the U.S. dollar this year.
--We take an in depth look at economic relations between China and France, as President Emmanuel Macron of France is in China for a state visit.
--A private survey of China's services sector shows activity jumping to a 28-month high as robust new orders and job creation boosts the sector's recovery.
--The added value of China's manufacturing sector remains the world's largest now for 13 years in a row. We'll explore the competitive advantages and what lies ahead for the Chinese manufacturing sector.
--French President Emmanuel Macron has arrived in Beijing for a state visit to China. Macron will meet President Xi Jinping and other Chinese leaders. --Hainan free trade port gets ready to celebrate its 5th anniversary. We check on what differences the FTP has made to the local economy. --Today is Qingming or Tomb Sweeping Day when Chinese families remember their relatives and welcome the springtime. We look at some new consumption trends during the holiday.
--Tomorrow is Qingming or Tomb Sweeping Day when Chinese families remember their relatives and welcome the springtime. We look at holiday consumption and tourism. --The upcoming China International Consumer Products Expo in Haikou, Hainan province will increase exhibition area by over 20 % from the previous edition, and also see more participating brands. --IMF data shows the proportion of the US dollar in global foreign exchange reserves has shown a downward trend in the past 20 years.
--Growth in China's manufacturing sector slowed in March on subdued production. --OPEC and their oil producers will cut oil output by 1.16 million barrels per day from May. --China unveils more measures to boost digital development across the country.
-Today is the last day of the Boao Forum, we bring you highlights of the major topics that were discussed. -Hainan's tourism industry has developed rapidly. The island's duty-free shops have seen booming sales, which fully demonstrates the strong resilience and vitality of China's economy. -China’s official manufacturing PMI came in at 51.9, slightly down on a monthly basis, but still showing strong business momentum.
-Premier Li Qiang reassures the world of China’s commitment to further reforms and opening-up at the Boao Forum for Asia. -Clean energy and low carbon efforts figure prominently in discussions at this year’s Boao Forum meetings. -U.S. regulators spend a second day in congress on Wednesday, defending their oversight of the three banks that collapse within days of each other.
--The latest in the annual Boao Forum for Asia.
--US lawmakers accuse regulators of not doing enough to prevent the collapse three American banks.
--Exhibitions and fairs recover fast in China as more businesses are eager to engage with the market.
--The annual Boao Forum for Asia gets underway in Hainan, with the release of a report on economic prospect of the continent.
--Singapore’s prime minister commences a six-day official visit to China.
--Leaders of world economic organizations discuss strategies and solutions to foster a quicker global recovery on the last day of the China Development Forum.
--The annual Boao Forum for Asia is set to commence in China’s Hainan Province. What to expect at this year’s conference?
--China and Honduras establish diplomatic relations as both sides look to future growth opportunities.
--TikTok seeks to allay American lawmakers fears over national security.
--New zealand FM is paying a visit to China, aiming to strengthen future cooperation.
--Gold prices continue upward march as global banks struggle and the U.S. Federal Reserve renders another interest rate decision.
--The US Federal Reserve increases key interest rate by 25 basis points with an eye on bringing down high inflation.
--We take a look at how Chinese enterprises are sharing green development opportunities with BRI countries.
--China reiterates high-level opening up efforts and steps to create a better business environment for foreign enterprises in the country.
--Chinese President Xi Jinping wraps up state visit to Russia, finalizes agreements to further economic cooperation and deepens existing comprehensive strategic partnership of coordination.
--We look at how China-Pakistan energy cooperation projects are helping communities in Southeast Pakistan.
--Chinese President Xi Jinping meets with Russian President Vladimir Putin in Moscow.
--We look at China's supply chain building and how it involves the Belt and Road Initiatives.
--President Xi Jinping expresses confidence over a new blueprint to further strengthen China’s Comprehensive Strategic Partnership with Russia.
--UBS buys rival Credit Suisse in a 3.2-billion-dollar deal intended to calm panic over a global financial contagion, but fears remain.
--China has kept its benchmark lending rate unchanged with a 7th straight month.
--America's biggest banks injects $30 billion to save First Republic Bank from collapse.
--China plans to reduce energy consumption for every unit of GDP in 2023 by 2%.
--China's culture and tourism administration department will resume the acceptance and approval of foreign commercial performances from March 20th.
--Credit Suisse on Thursday said it would borrow up to $54 billion from the Swiss central bank to bolster liquidity.
--China's property sector continued to recover in February with an increasing number of Chinese cities reporting growth in new home prices.
--Hundreds of thousands of French people continue to protest controversial reforms to the country's pension scheme, even as the reform bill moves closer to becoming law.
--China reports steady growth across various economic sectors for the first 2 months of 2023.
--China resumes group tours to 40 more countries and regions in the second wave of a pilot program promoting outbound travel.
--Major credit ratings firm: Moody's downgrades US banking system from "stable" to "negative" following last week's collapse of Silicon Valley Bank.
--Following the sudden collapse of two American banks, US president Joe Biden moves to calm the jittery nerve in America's banking system.
--We'll take a closer look at China's moves to accelerate the upgrading and modernization of what is already the world's largest manufacturing sector.
--Public sector employees in Germany go on strike paralyzing airports around the country as workers are demanding higher pay for extra hours and as europe grapples with decades high inflation.
--China's two sessions conclude with Chinese President Xi Jinping saying putting the people first is a must for China to become a great modern socialist country.
--Chinese Premier Li Qiang speaks to the press. We will break down the main takeaways and economic priorities.
--US financial regulators say they will guarantee all deposits of the failed Silicon Valley Bank.
--Xi Jinping has been elected president of the People's Republic of China and chairman of the country's Central Military Commission.
--China is set for major reforms targeting its most important financial regulators with a new national regulatory body now to oversee the financial services industry.
--The US president has wrote out his 2024 budget plans.
--We take a closer look at China's Government Work Report 2023--we explored major highlights on job creation, increasing consumption and the housing welfare system.
--A US Central Bank report shows that economic activity in the country increased slightly from January to late February while price hikes remained widespread.
--China’s State Council unveiled a plan on reforming its institutions with new focus on financial oversight, sci-tech and data. --China is stepping up efforts to adjust and improve the structure of the state-owned sector and implementing policies to support private firms.
--Chinese foreign minister Qin Gang speaks at length on China's foreign policies during his first meeting with the press on the sidelines of the two sessions meetings. --China's foreign trade achieved steady growth in the first 2 months of this year despite weakening external demand. --China's new energy vehicle production and sales was ranked first globally.
--Chinese President Xi Jinping calls for high-quality development with added focus on science and technology. --China sets GDP growth target at around 5% for 2023 --China's top economic planner outlines plans to promote high quality development to build a modern socialist country.
--The G20 India meeting ended with no joint statement over Ukraine. --The U.S. pushes forward with legislation to ban TikTok. Beijing condemns the move.
--China will unveil more measures to boost the recovery and expansion of consumption this year. --China's Ministry of Human Resources and Social Security held a news conference on the current status of the country's employment situation.
--China's manufacturing activity expands at the fastest pace in more than a decade in February, with reading rising to 52.6 compared to just 50 in January. --Shanghai is planning several new steps this year to attract more investment from foreign enterprises.
--Latest data shows China's GDP last year reached over 121 trillion yuan for over 17 trillion U.S. dollars, an increase of 3% over the previous year. --Our reporters are across China to profile how local governments are working to spur growth in 2023. Today we're on the ground in south China's Fujian for more.
--With Spring farming across China in full swing, we take a close look at China’s agricultural sector and food production.
--We look at silicon crisis.
--The EU has adopted a 10th package of sanctions against Russia.
--China states its position on the political settlement of the Ukraine crisis -- dialogue is the only viable solution to the Ukraine crisis and calls for peace talks to resume.
--One year after the outbreak of the Russia-Ukraine conflict, we will take a closer look at the conflicts' impact on the world economy and the global recovery.
--Our reporters are across China to profile how local governments are working to spur growth in 2023.
--China is stepping up efforts to accelerate reforms in state-owned enterprises to boost their competitiveness and make them more resilient to challenges.
--Reforms of state-owned enterprises gather momentum in Liaoning province and old industrial base of china.
--As the one-year mark of the Russia-Ukraine conflict approaches, we look at global energy markets and how it's been impacted.
--As China prioritizes expanding domestic demand, we'll take a closer look at how finance is supporting the real economy.
--China's Guangxi Zhuang Autonomous Region embarks on a major canal project that will shorten trade times with Southeast Asia and boost development in China's west and southwest.
--The Philippines has now officially approved the world's largest free trade pact.
--China securities market regulator launches a pilot program to boost private investment in the real estate sector.
--The employment market in China sees a strong rebound after the Spring Festival holiday.
--We take a closer look at ChatGPT and how artificial technologies are being perceived by educators and universities.
--China keeps its benchmark lending rates unchanged for 6th straight month.
--The Beijing Stock Exchange launches market-making transactions today with the first batch of 36 stocks.
--Hainan Province sets a 9.5 % growth target for 2023.
--Top leadership of the Communist Party of China says the country has achieved a major and decisive victory in its COVID-19 prevention and control since November 2022.
--Suzhou aims to develop its economy by attracting more foreign investment and developing more high-end manufacturing.
--China will work to boost domestic consumption and investment to bolster growth and strengthen business confidence.
--Following China's adjustment to COVID measures, travel and transport are bouncing back sharply.
--We'll explore the implications of how transformative AI technology can be.
--We take a close look at how local governments in China are integrating low-carbon development and economic growth.
--U.S. consumer prices accelerated in January, reversing earlier trends of the decline.
--We dive into the ChatGPT world and find out how AI technologies are such to revolutionize the economy.
--Chinese authorities share details on rural vitalization strategies outline in the No.1 Central Document for 2023 released on Monday.
--Today is the first Valentine's day in 3 years with no restrictions on going out and related consumption has started well before the official date.
--We take a look at how China-Iran trade ties have evolved over the years as Iranian President Ebrahim Raisi pays a state visit to China.
--Beijing stock exchange said it will continue to meet demands of investors to complement its trading system and also improve trading mechanisms.
--Local governments in China unveil a slew of policies and plans to boost growth and domestic demand.
--Turkish authorities are targeting contractors allegedly linked with buildings that collapsed in the powerful earthquake.
--Local governments in China plan to bolster a full economic recovery this year. --The Prime Minister of the Kingdom of Cambodia Hun Sen is visiting China resuming on economic ties. --We get a pulse check on China's inflation with a look at the latest date on consumer and producer prices in the country.
--Search and rescue efforts continue in the freezing weather in Türkiye and Syria. We look at the implications on the economy and the markets. --Local governments across China have unveiled detailed plans to boost growth in domestic demands. --Prime Minister of the Kingdom of Cambodia Hun Sen will pay an official visit to China from February 9th to 11th resuming on China-Cambodia economic ties.
--Harsh weather hampers earthquake rescue efforts in Türkiye and Syria. We will look at how the disaster has impacted the economy in the region. --Local governments across China have unveiled detailed plans to boost the growth in domestic demands. --The U.S. Federal Reserve chair says "disinflation process" has commenced, citing an extraordinarily strong jobs reports.
--Local governments across China have unveiled detailed plans to boost growth and domestic demand. Our reporters are on the ground across the country with a closer look. --Australia's central bank raised its benchmark cash rate for a 9th straight time to a decade high of 3.35% as the country battles inflation at a level unseen in over 30 years. --China's blockbuster film, The Wandering Earth II, is jam-packed with futuristic technologies.
--China's economy is expected to outpace its global peers this year. We'll take a closer look at what local governments here in China have planned to bolster growth and spur demand. --The border between the Chinese mainland and its special administrative regions of Hong Kong and Macao fully reopens today with no more caps on the number of travelers. --The International Energy Agency estimates that Russia's oil and gas revenues likely felt 30% in January compared to a year ago.
--Caixin's private survey of China service sector shows activity bouncing back sharply in January. --Cross-border travel to the Chinese mainland, Hong Kong and Macao will fully resume on the 6th of February. --The European Central Bank has increased interest rates by 50 basis points, taking its key rate to 2.5 percent.
--China's Ministry of Commerce rolls out the fresh economic data ranging from foreign trade to consumption, which we have firmness, resilience and brutality of the Chinese economy. --China's Asia market will start to adopt the registration based IPO system which is more market-oriented, and we discuss what this means for businesses and investors. --The US Federal Reserve has raised its benchmark interest rate by 25 basis points in line with market expectations.
--Chinese Premier Li Keqiang stresses on the importance of finance for bolstering steady economic growth and urging financial sector to better serve the real economy.
--With China becoming the largest electric vehicle market in the world, development of intelligent connected vehicles are in the spotlight. We find out what's the latest in connected cars.
--It's been a year since south korea became a part of the Regional Comprehensive Economic Partnership. We zoom in on how the country has benefited from the world's largest free trade agreement.
-The International Monetary Fund raises its forecast for China's economic growth in 2023 to 5.2%, but warns of weakness in the global economy. -China's manufacturing sector returns to expansion level in January after 3 months of contractions. And the country's service sector also expands at a faster pace. -China is to launch a 3 year pilot project to fully electrify vehicles in its public transport system.
--The State Council meeting calls for measures to promote consumption, improve trade policies and attract foreign investments to drive China's economic recovery.
--China's central bank plans to use monitor tools to support specific sectors such as carbon reduction, the clean use of coal and logistics.
--Capital flows into the emerging countries stood at $1.1 billion on average every day of last week, the highest in 20 years with China accounting for 73% of the total.
--The UN estimates that Chinese economy would grow by 4.8% this year, while global growth was slow to just 1.9% in the same period.
--Economic growth in the US declined last year heightening recession fears in the world's largest economy.
--The United Nations sees a sharp decline in global growth this year, but notes that China's growth will outpace the world average by more than 2.5 times.
--Service sector bounced back following China's adjustment of its COVID-19 policies.
--Entertainment venues in China are seeing a strong return in demand.
--Chinese President Xi Jinping delivers a video address to the 7th Summit of Latin American and Caribbean States saying that both sides are working together to build a community of shared future for mankind.
--China's Spring Festival period always sees a surge in consumption. We'll take a closer look at the consumption trends.
--More Chinese people are on the move during the Lunar New Year holiday.
--European Central Bank chief Christine Lagarde said Monday that interest rates need to continue rising at a "steady pace" in order to avoid inflation becoming entrenched.
--China's consumption market sees a rapid recovery during the Lunar New Year holiday. --We take you beyond China to see how the Year of the Rabbit is being celebrated by Chinese communities across the world. --We also look into China's new energy vehicle market.
-Chinese Vice-Premier Liu He reaffirmed China's commitment to opening up and international cooperation. He gave a speech at the World Economic Forum in Davos, Switzerland. -China's top economic panel commented on the country's financial performance in 2022 and potential challenges in 2023. We get to the details. -The Bank of Japan has maintained its ultra-low rates, defying market expectations of tapering stimulus amid rising inflationary pressure.
As China releases its major economic data for 2022, we recap how the world's second-largest economy maintained stability and resiliency despite challenges posed by the pandemic last year.
-Home prices in China’s first-tier cities remained flat in December from the month before. -Chinese Foreign Minister Qin Gang pledge stronger cooperation with Africa during his tour of the continent. -The World Economic Forum is underway in Switzerland, where government and business leaders are discussing the future of the world economy.
--China’s foreign trade withstands headwinds, with 2022 imports and exports up 7.7%.
--Singapore’s tourism sector is ready to welcome Chinese tourists following China’s border reopening.
--Cost of living in the US eased substantially last month.
--China’s consumer inflation rose by 2% in 2022 thanks to the country’s efforts to ensure market supply and stabilize prices.
--China’s civil aviation authority expects the majority of international flights to be resumed at the end of this month or the beginning of February.
--Angola and China celebrate 40 years of bilateral diplomatic ties. We look the achievement in the bilateral economic relations, especially those brought by the Belt and Road Initiative.
--We find out China’s recent reopening of borders will help trade, investment, supply chains, tourism and the world economy.
--The World Bank expects the global economy to grow by only 1.7% in 2023, dragged by advanced economies which are close to recession.
--Driven by a positive outlook of the Chinese economy, China’s currency has strengthened to its highest level against the US dollar in five months.
--China’s latest covid control measures have provided fresh impetus for international travel, boosting prospects for global economic recovery.
--We take you to the world’s largest electronics show which has just wrapped up.
--Domestic and international travel recovers as China eases covid restrictions.
--China to continue improving business environment for foreign companies. We look at how Germany’s BASF is localizing its operations in China.
--The 2022 Haikou New Energy Vehicle and Connected Mobility Show kicks off in China's Hainan Province.
-A new chapter in relations between China and Turkmenistan: the two sides agreed to elevate ties into a comprehensive strategic partnership during Turkmen President Serdar Berdimuhamedov’s state visit to China. -Billions in China are expected to be on the move during this year’s Spring Festival, with the country expecting the volume of passenger trips to recover to roughly 70% of the level seen in 2019. -With China adjusting its COVID-19 policies, Chinese businesses are taking the initiative organizing delegations to drum up business abroad.
-Philippine’s president Ferdinand Marcos Jr. is on an official visit to China. We take a closer look at how bilateral ties between the two countries have strengthened over the years. -China’s services activity contracted at a slower pace in December, but business confidence rose to a 17-month high. -The Consumer Electronics Show is set to open soon in Las Vegas with organizers looking at attendance in excess of 100,000 people.
-Philippine President Ferdinand Marcos Jr. is on a three-day visit to China, saying that he will open a new chapter in comprehensive strategic cooperation with China. -Bolstering the economy, China’s finance minister says the country will step up its proactive fiscal policy. -We’re on the ground at the 20th Guangzhou Auto Show, where new energy vehicles are in the spotlight.
-Philippine President Ferdinand Marcos Jr. begins his three-day trip to China today. We trace the economic ties between the two countries. -The Caixin China General Manufacturing Purchasing Managers’ index (PMI) fell to 49.0 in December from 49.4 in November, remaining in contraction territory for five straight months. -At Guangzhou Auto Show, China’s domestic brands are looking to make inroads into the luxury market.
-It’s the last day of the new year holiday, we’ll take you through fresh data on travel and consumption in China. -It has been a year since the Regional Comprehensive Economic Partnership (RCEP) came into effect, we look back at the progress and achievement so far. -The Guangzhou Auto Show is currently underway in Guangzhou. Our reporter on the ground brings you the latest from the expo.
The COVID-19 pandemic has posted great challenges to the Chinese economy. Today we take a look at how the country’s economy navigated the turbulent period. And also we will tell you stories of ordinary people and how they manage their businesses and lives on the difficulties. We’ll also invite our reporters to share their observations during their coverage of business and economic stories.
-As China continues to optimize its COVID-19 management, we’ll show you how the efforts of fostering a recovery in services and manufacturing sectors. -U.S. stocks lost ground on Wednesday amid an uncertain economic outlook for next year. -With the new year just around the corner, we take stock of the Chinese economy in 2022.
-China plans more preferential tax policies to help small enterprises overcome current difficulties. -China revises COVID-19 management policy by lifting quarantine requirements for international travelers from January 8th, 2023. -We show you how emerging technologies are empowering traditional agriculture.
---China is to downgrade the management of COVID-19 from class A to class B and end quarantine for inbound travelers from 8th January.
---Official data show that China's major industrial companies saw their revenues rise while profits declined in the first 11 months of the year.
---We continue our series -- Chinese dreamers with a look at how an expert in carbon capping is helping reduce the country's carbon footprint and meet emission targets.
-Chinese President Xi Jinping has called for greater efforts to build up China’s strength in agriculture. -With easing Covid-19 restrictions, China is witnessing a gradual economic and social recovery. -Winter sports tourism is seeing a big boom in China, especially in the country's northern regions.
--We start with Chinese economy and take a look at how logistics and delivery services have been running.
--We explore China's food supplies.
--Our special series: China's EV market.
--New infrastructure construction projects aimed at digital transformation, intelligent upgrade and innovative development to get the renewed impetus in China's economic objectives for the new year.
--China's central bank vows necessary steps to ensure financial stability in support high-quality economic development next year.
--Australia's foreign minister Penny Wong is in China for a 2-day visit.
--China launches comprehensive pilot programs in six more major cities across the country to accelerate the development of the modern service sector.
--China keeps its 1-year and 5-year benchmark lending rates unchanged.
--Chinese mainland in Hong Kong securities regulators have agreed to expand the scope of eligible stocks.
--The international community agrees to an ambitious set of near and long-term goals at the UN's of biodiversity conference.
--The 2022 to 2023 annual Economic Conference held by the China Center for International Economic Exchanges kicked off in Beijing on Saturday.
--Today marks 32 years since the Shanghai stock exchange began operations from just eight companies initially listed to now one of the world's top five stock exchanges by market capitalization.
--Funding remains a point of contention at COP 15 in Montreal.
---Chinese President Xi Jinping addresses COP15 biodiversity summit delegates.
--- Europe's central bank ops to hike its interest rates.
---The US-Africa Leaders’ Summit is holding its final day in Washington D.C.
---The latest gauge of Chinese economic activity for November is out. Here's how those numbers shaped up.
---The cold front sweeping through China right now is creating some sizzling opportunities
---The holiday shopping season is in full swing across the United States. And when it comes to holiday hiring, there are always two sides to the story.
---Chinese President Xi Jinping will address the opening ceremony of the high-level segment of the second part of the UN biodiversity conference underway in Montreal, Canada.
---Chinese officials have stressed the importance of ensuring access to medicine and treatment amid the ongoing Covid-19 pandemic.
---European Union energy ministers have failed again to overcome their deep differences on a price cap on Russian gas.
---G7 nations pledge more international funding for Ukraine as a conflict with Russia drags deeper into winter.
---COP15 talks on protecting biodiversity continue in Canada.
---US President Biden is hosting dozens of African leaders for talks in Washington D.C.
--Bringing biodiversity concerns into business is one of the key issues of this year's COP 15 climate talks in Canada.
--Chinese President Xi Jinping is in Saudi Arabia for a big summit.
--We'll talk about boosting trade and cooperation between China and the Arabworld.
-CPC leadership analyzes economic work for next year. The meeting stressed the need to implement the guidelines of the 20th CPC National Congress and make solid progress in advancing Chinese modernization. -We have the latest data on China’s foreign trade for the first 11 months of this year. Total imports and exports reached over 38 trillion yuan, that’s about 5.8 trillion U.S. dollars. That’s an 8.6% increase in yuan terms compared to the same period of last year. -The second part of COP15 United Nations Biodiversity Conference is underway in Montreal, Canada. China will continue chairing the meeting. We find out the main goal of the conference and some challenges ahead.
Price cap on Russian oil exports kicks in, we see how the market reacted and Moscow’s response.
-China’s manufacturing, services activity contracts for third straight month, Caixin PMI shows. -Ecological construction in green low-carbon development not only meet ever growing popular demands for a clean environment, but also enabling the country to achieve higher quality growth in many respects. We find out how a new green technology is paving the way for that in Shanghai. -December 3rd marked the International Day of Persons with Disabilities. We find out how people with disabilities can be employed with the help of technology and society in China’s Chengdu city.
---Consumer spending goes up in the US as inflation eases. Will that trend last.---We'll take a look at the progress made in the fight against HIV and AIDS on World AIDS Day.
---Chinese President Xi Jinping and European Council President Charles Michel have met in Beijing.---The US economy rebounded more strongly than initially thought in the third quarter.---We have a special coverage focusing on the impressive stories of Chinese people from all walks of life working hard to achieve their own Chinese dreams.
---China's manufacturing sector continues to shrink in November, marking a second month of contraction.
---We explore the development of electric vehicles which take up over 20% of new car sales in China.
--- The FIFA 2022 World Cup is in full swing in Qatar, with top sponsors including four Chinese brands. We speak to one of them.
---Cyber Monday sales break record despite US inflation.
---We look at the Taylor Swift Ticketmaster debacle.
---A report says video game addiction among youngsters in China is under control. We explore the future of the gaming industry in the country.
---Mongolia’s president is on a state visit to China. We look at bilateral trade ties.
---Profits of China’s major industrial firms declined 3% year on year in the first 10 months.
---We explore how Chinese football fans spend time during the World Cup 2022.
-Chinese President Xi Jinping has met with his Cuban counterpart in Beijing, and he said the two countries will deepen mutual political trust and expand practical cooperation.
-Tokyo Central Bank cuts interest rates, despite high inflation, we look at the possible impact.
-The 18th China International Cartoon and Animation Festival is ongoing in Hangzhou, east China’s Zhejiang province. We find out what’s new in the animation world.
-The Cuban president will pay a state visit to China starting today. We look at China-Cuba economic ties.
-Chinese Premier Li Keqiang has called for efforts to speed up the implementation of policies to stabilize the economy.
-As the 2022 Qatar World Cup gets underway, we look at its economic impact.
-We bring you the latest from the Beijing Financial Street Forum, known as the guidepost for China's financial reforms.
-New Zealand's central bank on Wednesday hiked interest rates by a record amount to curb inflation.
-The 2022 FIFA World Cup is underway. We show you how China's Yiwu dominates the global market for soccer related products.
-It's day two of the Beijing Financial Street Forum. We focus on Asia's economic integration and the internationalization of China's RMB.
-The 2022 FIFA World Cup is underway. We will show you how China's Yiwu dominates the global market for soccer-related products.
-Electric is a buzzword at this week's LA Auto Show, as the world's top car makers showcase new designs and technologies.
-China left lending benchmarks unchanged for 3rd straight month in November.
-The annual Financial Street Forum starts today. We bring you the latest from this year's edition.
-The 2022 FIFA World Cup has kicked off in Qatar, where Chinese firms are the biggest sponsors.
-Chinese President Xi Jinping laid out four proposals for digital prosperity and governance at the APEC economic leaders meeting.
-The trade volume between China and Thailand rose 6% in the first eight months of this year.
-Today marks the first anniversary of China's national anti-monopoly bureau.
-World leaders are gathering in Bangkok, Thailand, for the 29th APEC economic leaders meeting on Friday and Saturday.
-China and Thailand have made key achievements in zero-tariff trade, investment, and building high-speed railways.
-Chinese engineers have participated in the building of the E60 Highway in the Republic of Georgia.
Day two of the G20 Summit is underway. We will have live coverage from Bali, where world leaders are meeting.
-The G20 Summit opened in Bali, Indonesia. During his opening remarks at the summit, Chinese President Xi Jinping called for G20 members to strengthen cooperation.
-The latest economic readings for China's economy show the country continuing its recovery momentum in October.
-The Beijing Stock Exchange marked its first anniversary. We'll speak to industry insiders about how the exchange has become a growth engine for innovation-driven SMEs.
-Leaders of the world's 20 largest economies are in Indonesia's Bali for the G20 summit meetings that begin Tuesday.
-CGTN interviews Indonesia's Ambassador to China. We learn more about the robustness of China-Indonesia economic ties.
-A CGTN survey shows that the market potential in China attracts global companies to the country the most.
-Today is China’s biggest shopping festival Double 11. We look at how e-commerce platforms are doing this year.
-Leaders from Southeast Asian nations meet face-to-face for the first time since the pandemic at the ASEAN Summit.
-The U.S. consumer price index rose 7.7% in October on an annual basis, falling below 8% for the first time since February.
-It’s the last day at the China International Import Expo, the CIIE. We look at what’s been accomplished at the six day trade expo.
-The World Internet Conference is happening in China’s Wuzhen. We bring you the latest insights.
-Facebook parent Meta lays off 11,000 employees. This is the first large-scale workforce reduction in its 18-year-hisotry.
-China's annual consumer price index rose 2.1 percent in October.
-The annual World Internet Conference Wuzhen Summit opens today, aiming to build a shared digital future in a connected world.
-It's day five of the 5th China International Import Expo. We focus on food security and digitalization.
-The 4th day of the China International Import Expo -- big deals worth billions of dollars are being signed.
-Chinese Premier Li Keqiang has called for a stronger China-Cambodia friendship and a closer East Asian cooperation prior to his official visit to Cambodia.
-The Airshow China 2022 takes off in Zhuhai today in South China's Guangdong province with a wide range of new models and equipments making their debut.
-China's trade value rose 9.5% in the first 10 months with exports outpacing imports.
-China proves a batch of new parlor zones for imports, including capital international airport and economic zone.
-The ongoing China International Import Expo -- today we focus on the consumption sector.
-Chinese President Xi Jinping has met with German ChancellorOlaf Scholz in Beijing. A delegation of 12 business leaders has joined Scholz on the trip.
-The China International Import Expo will begin tomorrow. Our team is on the ground to bring you complete coverage over the next six days.
-We spoke to Indonesia's Ambassador to China for more on how Indonesian businesses view new opportunities in the China market.
-The U.S. Federal Reserve hikes benchmark interest rate by another 75 basis points to fight inflation pressures.
-German Chancellor Olaf Scholz will visit China on Friday with trade, business, and bilateral ties at the top of the agenda.
-The annual China International Import Expo is about to kick off in Shanghai. We will bring you the latest.
-China's central bank governor says the country's economy appears resilient and on track to weather challenges. We look at key points from Yi Gang’s address.
-The 5th China International Import Expo will commence in Shanghai on Saturday. We have a sneak peek of what to expect.
-The U.S. Federal Reserve started a two-day policy meeting amid market expectations of another rate hike as inflation lingers at record-high levels.
-General Secretary Xi Jinping of the CPC Central Committee and Vietnam Communist Party Chief Nguyen Phu Trong pledged to boost bilateral ties to new heights.
-A new regulation has come into effect in China to promote self-employed businesses through supportive policies.
-Shanghai will hold the annual China International Import Expo, or CIIE, for the 5th time starting Saturday.
-China's manufacturing PMI returned to contraction territory in October, coming in at 49.2, as production and demand receded amid the pandemic.
-Hong Kong FinTech Week kicks off today, showcasing breakthroughs in the FinTech industry.
-General Secretary Nguyen Phu Trong of the Communist Party of Vietnam will pay an official four-day visit to China.
-The report to the 20th National Congress of the Communist Party of China speaks about promoting high-standard opening up. We'll explore the implications.
-As it continues to buck the global monetary policy tightening trend, Japan's central bank keeps its benchmark rates at ultra-low levels.
-EU members agree to stop producing fossil fuel cars by 2035.
-The CPC report to the 20th National Congress has stressed on the importance of modernizing the industrial system.
-Profits from industrial enterprises in China fell, over the first nine months, due to higher costs.
-The US has refused to impose any controls on fuel exports and took a bigger role as a global fuel supplier despite domestic concerns for gas prices.
-China's Ministry of Commerce vows to expand domestic demand while opening up to global business.
-China's 20th National Congress stresses the importance of rural revitalization.
-With Rishi Sunak taking the post as the UK's prime minister, we discuss what could be done to tackle a struggling economy and an energy crisis.
-China's 20th CPC National Congress stresses the importance of building a high-level socialist market economy.
-China has rolled out a series of supported measures to implement its opening-up strategy and attract more foreign investment in high-tech equipment and components.
-Rishi Sunak is Britain's next prime minister after securing support from MPs for the Conservative Party's leadership.
-China's 20th CPC National Congress stresses the importance of coordinated development; we explain what that could mean for you.
-China's GDP rises 3.9% yearly in the third quarter, feeding market expectations.
-Former UK Chancellor Rishi Sunak says he is entering the fray to be the leader of the Conservative Party.
-We continue our coverage of the ongoing 20th National Congress of the CPC. Today we focus on ecological civilization.
-In our special series on forging China's economy, we take you to Fuzhou in Zhejiang Province and explore efforts to go green.
-European aircraft maker Airbus is banking on China's digitalization trend to achieve sustainable growth in the company's largest market.
-We continue our coverage of the ongoing 20th National Congress of the CPC. Today we look at China's plan to advance the country’s high-level opening up.
-In our special series, Multinational Companies in China, we find out how overseas companies are banking on digital transformation for sustained growth.
-Can China's benchmark lending rates remain unchanged for a second straight month in October?
-The people's wellbeing is one of the major topics being discussed at the 20th National Congress of the CPC.
-In our special series on forging China's economy, we look at efforts to ensure affordable housing for the people.
-In Hong Kong, Chief Executive John Lee mapped out his priorities for the SAR in his first policy address.
-Xi Jinping calls for more efforts to develop the rural economy in his report to the 20th National Congress of the Communist Party of China.
-In a CGTN special series on China's economy, we look at the country's efforts in making its energy mix greener.
-Britain's new finance minister, Jeremy Hunt, reverses Prime Minister Liz Truss’ economic plan amid efforts to stem the erosion of investor confidence.
-We take a closer look at the key economic highlights of Xi Jinping’s report to the 20th National Congress of the Communist Party of China.
-In a CGTN special series on China's economy, we take you to apple farms in Shaanxi Province to discover how China's poverty alleviation efforts have benefited the greatest number of disadvantaged people in human history.
-We look at how foreign investors have been exploring low-carbon and sustainable growth opportunities in the Yangtze River Delta.
--China’s CPI rose 2.8% in September from a year ago, while PPI gained 0.9%.
--We look at how free trade zones in China have cultivated deeper opening-up.
--The World and the IMF are holding annual meetings in Washington this week, with both warning of rising global recession.
--We look at how live streaming is playing an important role in China rural vitalization efforts.
--Energy Ministers from the European Union are meeting in Prague to discuss a possible agreement on energy crisis.
--The IMF warns the worst is yet to come for global economy.
--Meta Connect 2022. We’ll find out more about the latest gadgets and services on Facebook.
--As China and Germany celebrates the 50th anniversary of establishing diplomatic relations, we look at the opportunities and challenges for the bilateral economic ties.
--We find out how the civil aviation sector in the Chinese city of Chongqing is bolstering the regional economy.
--Experts in Hungary warn the diesel reserves are at alarmingly low levels.
--China’s central bank says the country will further deepen the opening-up of its financial markets to expand the use of the renminbi worldwide.
--Japan will open its borders to individual tourists and lift visa requirements to boost inbound tourism and consumption.
--As China’s National Day Holiday approaches its end, we look at the consumption and travel data.
--We take to China’s Grand Canal, the world’s longest and oldest canal, for an update on its revival.
--IMF chief says the organization will once again lower growth projections for the next year.
--The European Union has agreed on another round of sanctions against Russia.
--We take you to Jinjiang in Fujian Province to see how private businesses are bolstering China’s economic development.
--We travel to the Tarim River in Xinjiang to see the developments along the river.
--CGTN’s special series “Forging China’s economy”.
--We zoom in on the developments in China’s Pearl River Delta.
--Operators of Nord Stream pipelines say they plan to examine the pipelines after police probe on suspected sabotage.
--Australia’s central bank surprises markets with smaller-than-expected interest rate increase.
--We zoom in on the developments along China’s Huaihe River.
--On China’s Chongyang Festival, or Seniors’ Day, we look at the elderly care home sector in the country.
--As many Chinese people choose to stay at home during the National Day holiday, spending on online food orders, local leisure and entertainment activities has risen steadily.
--We zoom in on how innovation is powering China’s industrial upgrade.
--We take to you to China’s Songhua River and Liao River to see the revitalization of the country’s traditional industrial base.
-Official data shows that China'smanufacturing sector expanded in September, beating expectations. -Testing times ahead for the U.S. economy as inflation continues to remain at high levels. -In our new episode of Green Front, we explore why ESG development is significant for businesses.
-Chinese Premier Li Keqiang has called for strengthened policy efforts to stabilize economic recovery in the country further. -The Bank of England moved to calm bond markets, saying it would buy as much government debt as was needed to restore order.
-China's top economic planner says the country has made remarkable progress in rural development in the last five years. -In our special series on foreign companies in China, today we zoom in on global cosmetics company L'OREAL to find out how it managed to carve a niche in the Chinese market in the past 25 years. -And in our Green Front Series, we discover how environmental, social, and governance - or the so-called ESG standards - influence corporate governance and investor behavior in China.
-Industrial profits of Chinese firms reached 5.5 trillion yuan during the first eight months of this year. -Our reporters in Shandong Province give us a clear picture of China's harvest season. -The World Bank has lowered this year's growth forecast for East Asia and the Pacific region.
-China's top economic planner says the country will increase investment in new infrastructure, including data centers, 5G networks, and intelligent industrial chains. -China's Ministry of Agriculture says farmers have reaped 17.8 billion hectares of autumn grains, indicating a bumper autumn harvest. -The British pound tumbled to a record low against the U.S. dollar on Monday.
-We take you to Sichuan Province, where the use of science and technology is helping to find more innovative ways to boost farm production. -We visit Shandong Province to find out how farming and fisheries have made the province a high-yielding region and also uncover new business models that have transformed the countryside. -We visit Henan Province to check out the bumper harvest and to understand how intelligent technologies are enhancing grain storage and quality control.
-The U.S. Federal Reserve raised its benchmark interest rate to the highest in 14 years. -Global Business launches a special series on China's rural vitalization, and our staff is in Shandong province, a major food producer in China. We found out how new countryside businesses are flourishing. -Bread prices are much higher in E.U. countries than before the Russia-Ukraine conflict. But is war the only reason for it?
-China's further financial reform efforts with the People's Bank of China publishing guidelines to deepen interest rate and liberalization. -As power demand continues to rise in China, virtual power plants are gaining popularity. We'll take a look at the reasons. -Stocks in Asia sank, and bond yields remained elevated on Wednesday as investors braced for another U.S. rate hike later today.
-An international forum to improve the resilience and stability of global industrial supply chains has opened in Hangzhou, Zhejiang Province. -U.S. inspectors have arrived at PwC and KPMG offices in Hong Kong to review the audit records of Chinese firms. -China's central bank keeps the benchmark lending rate unchanged at 3.65% for one year, and 4.3% for five years.
-China's top economic planners say the country will continue to explore ways to attract more foreign investment and maintain economic momentum. -Business leaders from China and Southeast Asia discussed ways to cash in on the RCEP advantage at the China-ASEAN Expo, which wrapped up on Monday in Nanning. -In today's episode of Foreign Companies in China, we look at one of the leading pharmaceutical firms in the world and the largest in Asia.
--Regional leaders gather for the Shanghai Cooperation Organization summit.
--China’s economy shows resilience in August with faster-than-expected growth in factory output and retail sales.
--The 19th China-ASEAN Expo in China’s Nanjing sets up a platform with a focus on green development.
--President Xi Jinping stresses strengthening ties with Kazakhstan and Uzbekistan.
--We look at a newly emerged profession called “digital twin technician” who build connect between physical and digital world.
--Wall Street saw a broad sell-off after disappointing August inflation data in the US.
--Regional leaders gather for the opening of Shanghai Cooperation Organization summit.
--China will implement more measure to reduce tax burden of enterprises.
--We look at new professions that are contributing to the turning discarded mobile phones into art.
--President Xi Jinping is to attend a key regional summit and hold talks with some regional leaders in Uzbekistan.
--We look at consumption and tourism data after a three-day Mid-Autumn Festival holiday in China.
--As bed and breakfast become the buzz word in the tourism industry, we look at how new professions like BnB housekeepers are gaining attention.
--We look at economic data related to consumption as China’s Mid-Autumn Day holiday ends.
--The green transition of the global economy has created a growing need for talents with specialized skills.
--As Europe tries to wane itself off Russian energy, attempts are being made to boost alternative supplies.
-------China’s consumer index grows 2.5% year on year in August.
-------Fed chairman once more stresses strong commitment to taming US inflation.
-------The 22nd China International Fair for Investment and Trade kicks off in Xiamen.
-------We take a look at how China’s rural-urban partnership supports the improvement of public services in Zhejiang Province.
-------Vladimir Putin accuses the West of creating global economic hardship, while the EU is preparing a price cap on Russian gas.
--China vows to deepen economic reforms with latest efforts focused on tech innovation, energy conservation and rural reforms.
--China’s foreign trade grew at relatively fast pace during the first eight months.
--As China’s financial market gains more attraction, some foreign companies have started to venture into financial services for senior citizens.
--As a magnitude-6.8 earthquake hit China’s Sichuan, we look at the impact it could have on China’s economy.
--Liz Truss will replace Boris Johnson as UK’s prime minister. We look at what the transition will do to Sino-UK relations.
--We find out overseas expansion plans of China’s gaming industry.
--China’s central bank and ministry of finance announce more measures to support the economy.
--The China International Fair for Trade in Services closes in Beijing.
--Energy costs are spiraling in Europe as supplies from Russian dwindle.
- Green development dominates discussions on the third day of the China International Fair for Trade in Services.
- Japan plans to further ease border controls to sustain economic growth.
- China says the OHCHR report on the situation in Xinjiang does not represent the real facts in the autonomous region.
-Xi Jinping calls for an open and shared services economy in a congratulatory letter to the 2022 China International Fair for Trade in Services. -Caixin China Manufacturing PMI Falls Back to Negative Ground in August. -World AI Conference kicks off in Shanghai.
- China's manufacturing sector starts to regain its momentum.
- Farmers in China's Xinjiang embrace harvest season.
- The 2022 China International Fair for Trade in Services kicks off in Beijing.
- China's early-season rice output rises, sending positive signal for full-year harvest.
- One year since America's chaotic pullout from Afghanistan, we look at where the country stands now.
- China's industrial profits fall 1.1% in first 7 months of 2022.
- China International Fair for Trade in Services to be held in Beijing.
- Federal Reserve Chair Jerome Powell says interest rates will rise until inflation is under control.
-As the U.S. deals with high inflation and two-quarters of economic contraction, attention now turns to the U.S. Federal Reserve's annual meeting in Jackson Hole. -China’s securities regulator says it will work to improve further the quality of operations for the country's futures market and to increase the types of futures products. -New energy cars shine at the 25th Chengdu Motor Show, which kicked off today.
-China's State Council announced 19 new measures on Wednesday to stabilize the country's economy. -The U.S. has been shoring up support among its allies to reduce dependency on competitors, but China says the American efforts harm free trade rules. -Auto parts companies in China are looking to cash in on the growing demand for new energy vehicles.
-Supply chains in many Southeast Asian countries have suffered due to the COVID-19 pandemic. We look into efforts by Chinese companies to provide more logistics service channels. -China and South Korea celebrated the 30th anniversary of diplomatic ties today. The two countries have seen bilateral trade surge over 70-fold during the past three decades. -New energy vehicles are making huge inroads in China's rural markets. The government and automakers are stepping up their green energy efforts.
-China continues to remain on high alert for extreme heat. We're on the ground in southwest China for a closer look at how the government is responding to protect people and ensure energy supplies. -China's new energy vehicle exports surged nearly 90% monthly in July. We'll take a look at the trend of rising Chinese NEV sales around the world. -The U.K.'s busiest container port is closed for business as workers demand high wages to match British inflation at multi-decade highs.
-China Central Bank has cut its one-year loan prime rate to 3.65% from 3.7% while cutting the five-year rate by 15 basis points to 4.3% to boost liquidity in the system. -China's total installed power generation capacity slowed to 2.5 billion kilowatts as of July, with clean energy power generation accounting for nearly half. -Internet influencers of every size are emerging globally, but a recent study discovered that racism and gender inequality can still limit their impact.
--Chinese President Xi Jinping stresses innovation and improvement of people’s livelihood during a trip to Liaoning.
--Japan’s inflation surges on July, adding to price pressures.
--Tesla says China’s excellent industry chains and robust workforce have contributed to its rapid expansion in the country.
--Chinese Premier Li Keqiang calls for sustained efforts to stimulate growth and stabilize the economy in a trip to Guangdong.
--US Federal Reserve says it remains committed to raising interest rates further, but it will slow the pace of hikes at some point.
--2022 World Robot Conference kicks off in Beijing.
--Chinese Premier Li Keqiang calls for more efforts to boost the country’s economy.
--US President Joe Biden has signed the Inflation Reduction Act into law to boost renewable energy, curb drug costs, and impose new taxes on large corporations.
--We explore what can be done to increase the international exposure of Chinese films.
-Emerging technologies are creating new professions and job opportunities across China. Today we take a look at a new profession: Agricultural Digitalizing Technician. -In central China, Zhengzhou has established the Air Silk Road to help the city cash in on its local advantages. -The U.S. has imposed export restrictions on semiconductor and turbine technologies with an eye on curbing China's development.
-Latest data from the National Statistics Bureau show that China’s economy continued to recover, but at a moderate pace in July. -New home prices in China’s 70 large and medium-sized cities remain generally stable in July with first-tier cities seeing slight increase in demand. -The 12th Beijing International Film Festival is currently underway in Beijing, we will bring you the latest in the program.
-- One of the fastest growing cities in China: Quanzhou in Fujian Province.
-- Extreme weather affects global environment and increases food risks.
--The EU’s restriction on Russian coal has come into effect.
--China’s central bank will step up implementation of prudent monetary measures while maintaining reasonably ample liquidity in the system.
--Special series on China’s rising star cities: we take you to Quanzhou, a major foreign trade center and transportation hub in Fujian Province.
--China’s consumer inflation rose to 2.7% in July, a two-year high.
--US President Joe Biden has signed into law the chips act, while China warns it could limit technology exchanges between the two countries.
--EU’s emergency gas plan comes into effect as EU countries aim to curb price hikes.
--Official data show China’s small companies are still facing lingering pressure due to the pandemic, but machinery industry is back on recovery path.
--US President Joe Biden is set to sign the chips and science acts into law to boost domestic production and compete with China.
--China’s foreign trade jumps 10.4% during the first 7 months.
--We continue to monitor the economic fallout of US House Speaker Nancy Pelosi’s visit to Taiwan.
--China’s IPO market saw a record $58 billion fund raising so far this year despite global slowdown in equity market.
-Chinese foreign ministry has lodged solemn representations over statements on the Taiwan issue from G7 foreign ministers and EU foreign policy chief. -We talk to foreign companies and entrepreneurs about their views on China's future economic development. -More countries have hiked interest rates amid soaring inflation with the UK and Brazil being the latest.
-China's Liberation Army launches its biggest exercises to date around Taiwan following Pelosi's visit to the island. We analyze the economic fallout from heightened regional tensions. -Today marks Qixi Festival, also known as China's Valentine's Day. We check out how consumption during the festival is boosting economic recovery. -The first ship to leave the Ukraine port of Odesa with grain shipments heads to Lebanon after undergoing inspection in Istanbul.
-The economic consequences on China's Taiwan region are already being felt after U.S. House Speaker Nancy Pelosi arrives for a visit on the island. -A private gauge of China's service sector shows activity expanding at its quickest pace in 15 months. -The world's leading oil exporters are meeting today to discuss crude output following U.S. President Joe Biden request to Saudi Arabia to boost production.
-China’s Ambassador to the U.N. says a potential visit by U.S. House Speaker Nancy Pelosi to Taiwan is very dangerous and warns of serious consequences. -Chinese companies start to trade on Switzerland’s principal stock exchange as a stock connect program linking China and Switzerland has officially launched. -Australia’s central bank raises its benchmark rate for a fourth straight month as the country battles inflation at over two decade high.
-China’s factory activity slowed in July due to weak demand and lower output of energy intensive industries. -China’s New Futures and Derivatives Law comes in effect today, we take a closer look at the country’s first law to regulate derivatives trading. -As extremely summer heat sweeps the world, it’s also causing problems like energy shortages, erratic agriculture, and disruptions to daily lives. We look at the scorching economic realities.
--Chinese President Xi Jinping and US President Joe Biden hold discussions on key issues during a phone call.
--Ministry of Commerce says China’s economy has shown gradual recovery in the first six months with surging foreign direct investment.
--US Federal Reserve increases interest rate by 75 basis points, bringing its main policy point to the highest level since 2019.
--We speak to Zimbabwe’s ambassador to China to understand more about the economic ties between the two countries.
--We take you to the second China International Consumer Products Expo in Hainan for a look at how Chinese brands are gaining popularity.
--Chinese President Xi Jinping met with Indonesia’s president in Beijing, pledging to deepen bilateral cooperation.
--We take a closer look at how global brands are responding to China’s consumption upgrade.
--Profits of China’s major industrial firms rose 1% year on year in the first half of 2022.
--The second China International Consumer Product Expo has officially kicked off in Hainan. We take a closer look at how the event is reflecting the country’s consumption upgrade and the opportunities presented to businesses around the world.
--Indonesia’s president is in Beijing to strengthen China-Indonesia ties in trade, investment and infrastructure.
--We take an in-depth look at innovative new ways to generate electricity.
--The second China International Consumer Product Expo kicks off in Hainan, with more than 3,000 brands attending.
--We look as bilateral economic and trade relations between China and Indonesia, as Indonesia’s president pays a two-day visit to China.
--China’s forex regulator says the Chinese yuan has maintained strength against the greenback despite the higher interest rate in the US.
--The third anniversary of China’s STAR market.
--Southeast Asian nations are grappling with increasing inflationary pressures.
--China’s consumer loans in the first half of 2022 increased by nearly 24 billion US dollars year on year, and the banking sector’s non-performing loans declined in the same period.
--The Bank of Japan keeps its ultra-loose monetary policy unchanged despite further inflation pressures.
--Nord Stream 1 resumes gas supply from Russia to Europe.
--Chinese Premier Li Keqiang held a virtual meeting with World Economic Forum founder Klaus Schwab, with Schwab saying the forum stands ready to deepen cooperation with China.
--China keeps its benchmark lending rate unchanged.
--UK inflation hits a fresh 40-year high of 9.4% in June, as Britain braces for even tighter squeeze on cost of living.
--China’s Ministry of Industry and Information Technology says the government will continue to support the digital economy.
--US Treasury Sectary Janet Yellen is visiting South Korea with supply chain and inflation issues high on agenda.
--European Union will double imports of natural gas from Azerbaijan to at least 20 billion cubic meters a year by 2027 in a bid to ease energy crunch.
--It’s been a year since China’s national carbon emissions trading market was established, and total trading volume has reached 194 million tons.
--Gulf states have proven to be unable to escape global inflation, despite their significant energy reserves.
--We check out one of the biggest projects under the Belt and Road Initiative – a new business hub being built in Egypt.
--China’s GDP grew 2.5% in the first half of 2022.
--China’s fixed asset investment jumped 6.1% in the first 6 months, as China ramped up support for infrastructure spending.
--China’s employment market remains stable as surveyed urban unemployment rate dipped into 5.5% in June.
--US consumer prices surged to 40-year high of 9.1% in June, leaving a big question mark over the Fed’s next move.
--China’s top economic planner vows to continue economic opening-up to attract foreign investment.
--We look at the animal feed market and growth opportunities for bio-tech firms.
--China’s foreign trade grew 9.4% on yearly basis in the first half of 2022.
--As part of special series on bio-economy, we zoom in on China’s bio-pesticide industry.
--Latest financial data indicate China’s economic recovery remains strong in June.
--We zoom in on bio-agriculture to see how bio seed breeding is bolstering agricultural diversity and grain security.
--China’s factory inflation cools in June, while consumer inflation soars to 2-year high.
--We zoom in to bio-agriculture to see how this sector could potentially make our future food secure.
-Foreign ministers from the Group of 20 are meeting in Bali, Indonesia. -Guangzhou in Guangdong Province has become the first local government in China to issue regulations for boosting the digital economy.
-China’s Commerce Ministry is exploring the possibility of extending tax exemptions for new electric vehicles to boost consumption. -A new U.N. report says the world is moving further away from eliminating hunger and malnutrition, with as many as 828 million people suffering from food shortages. -In our latest episode of Road to Prosperity, we look closely at Malaysia’s East Coast Rail Link project, the longest tunnel in Southeast Asia.
-Ukraine’s prime minister says wealthy Russians should pay for Ukraine’s reconstruction, estimated at $750 billion U.S. dollars. -China is building more hydropower stations to promote clean energy and ensure a steady electricity supply. -In our latest episode of Road to Prosperity, we take a closer look at the various impacts of the Belt and Road Initiative.
-Chinese Vice Premier Liu He held a video talk on Tuesday with U.S. Treasury Secretary Janet Yellen. -In today’s Road to Prosperity series, we look at cooperation between China and Brazil. -China continues to develop clean energy to help achieve carbon neutrality goals.
-China announced a new Swap Connect Monday between the Chinese mainland and Hong Kong that allows mutual access to interest-rate swap trading. -The renewable energy industry has seen rapid development as the country steps up its carbon reduction efforts. We look at how solar energy plays a significant role in this effort. -In our Road to Prosperity series, we look at how the China-Pakistan Economic Corridor fosters economic recovery in Pakistan.
--President Xi Jinping has reaffirmed “One Country Two Systems” as a successful practice in Hong Kong.
--A private survey shows China’s manufacturing activity in June recovered to an expansion zone.
--President Xi Jinping has arrived in Hong Kong ahead of the 25th anniversary of the city’s return to the motherland.
--China's manufacturing PMI rebounds to expansion zone in June.
--In the US, Q2 economic output suffered third downward revision.
-------We look at Hong Kong’s status as an international financial center.
-------China's efforts to promote the healthy development of its platform economy.
-------G7 leaders pledge steps to tackle hunger globally and agree on more pressure on Russia.
-------China’s top economic planner unveiled new measures to boost high quality development and employment.
-------We look at Hong Kong’s role in connecting China with international financial markets.
-------G7 leaders pledge to support Ukraine for as long as it takes.
-----Profits of China’s major industrial firms rose by 1% on a yearly basis in the first five months.
-----We speak to Yi Gang, PBOC governor, about the Chinese central bank’s role in promoting green finance.
-----We explore how Hong Kong’s business environment has improved since its return to China.
-President Xi Jinping stressed the need for forging high-quality partnerships in his address to the BRICS Summit in Beijing. -We spoke to Neil Shen, founding and managing partner of Sequoia China, for his insights on Hong Kong's innovative environment. -Shanghai’s ship-building industry is accelerating production to meet its annual targets.
-Chinese President Xi Jinping called for efforts to meet global challenges, speaking at the BRICS Business Forum in Beijing, attended by over 2,000 people. -In today's special coverage on stabilizing China's economy, we focus on how technological innovation helps improve farming. -CGTN talks to a lawmaker in Hong Kong to understand more about the SAR's financial sector.
-As China gets ready to host the 14th BRICS Summit, we look at how the BRICS countries have strengthened financial cooperation to support global growth. -In our special coverage on the 25th anniversary of Hong Kong's return to the motherland, we talk to the head of Hong Kong Science & Technology Parks to learn about the city's R&D capabilities. -This year marks the last year of China's five-year plan for rural vitalization. We check how efforts to encourage farmers to set up agriculture businesses are paying off.
-As China prepares to host the 14th BRICS Summit, we discuss how the partnership can promote global development. -It's been five years since Global Indexes Provider MSCI listed China's A Shares. We discover how this has impacted global investor decision-making. -In our special coverage on the 25th anniversary of Hong Kong's return to the motherland, today we look at the region's innovative startups and innovation efforts.
-China kept loan prime rates unchanged in June, despite interest rate hikes by global central banks. -A report published by China on Global Development calls for a focus on building sustainable development and global partnerships. -China will host the 14th BRICS Summit of Leaders of the five major emerging economies this week. We take a look at the increasing cooperation among member countries.
-----Chinese President Xi Jinping will host the 14th meeting of the leaders of the world’s biggest emerging economies known as BRICS.
------China's SOE reforms.
------US stocks tumbled on Thursday, sending the Dow Jones Industrial Average below 30,000 for the first time since the beginning of 2021.
-----China’s new home prices fell in May for the second month this year, but certain indicators show positive signs.
------St. Petersburg International Economic Forum.
------The US Federal Reserve has approved its highest rate hike since 1994.
----- China's industrial output and retail sales in May beat expectations, but difficulties and challenges remain?
-----The 2022 International Conference on Industrial Internet gets underway virtually.
----Foreign direct investment into China rose 22% during the first five months despite Covid outbreaks.
----We look at China’s efforts to cut tax and fees to aid small businesses.
----US stocks tumbled on Monday as investors brace for the possibility of larger-than-expected interest rate hike.
---The WTO is hosting its ministerial meeting in nearly 5 years to address issues such as pandemic preparedness, food insecurity and overfishing.
---Bank branches in Shanghai are adding extra working hours to help the city return to full normalcy.
---Physically challenged people in China are finding it easier to embrace job opportunities thanks to technological advancement.
-China's consumer price index rose 2.1 percent yearly in May. -Japan's consumer prices posted their most significant jump in over seven years in April. -We take a closer look at how Chinese enterprises are catching up with their global peers in the plant-based protein market.
-China's exports grew 16.9% yearly in May as easing COVID-19 curbs helped boost foreign trade. -We look closely at how Chinese companies deal with global supply chain disruptions. -We take a look at the sustainable food industry and understand how plant-based meat alternatives are offering healthy replacement options for meat products.
-China moves to adopt targeted measures to support companies engaged in foreign trade. -India’s central bank hikes rates for a second straight month as Asia's third-largest economy battles high inflation from the spillover effects of the Ukraine conflict. -The conflict in Ukraine forces the World Bank to slash its global economic growth forecast for this year while also warning of stagflation.
-We look into how the Greater Bay Area in Southern China is fast becoming an innovation powerhouse with more and more startups choosing to incubate in the region. -China's foreign exchange reserves stood at 3.12 trillion U.S. dollars by the end of May, increasing by around 80 billion dollars compared to April. -Egypt plans to boost its self-deficiency in staple foods as the Russia-Ukraine conflict threatens its food security.
-China's service business activity remained in contraction in May, but at a slower pace. -Another bumper grain harvest is expected this summer as machine harvesting commences across the country. -Consumer spending surged during this Dragon Boat Festival as tourism recovered across China.
------Fresh measures are being rolled out to foster a quick recovery of logistics operations across China.
------The OPEC has vowed to increase crude production by July and August.
-------On China’s Dragon Boat Festival, we walk you through consumption data pertaining a three-day holiday.
------China’s central banks unveils more steps to stabilize economy, as broad money supply in the country stood at 10% by the end of April.
------Fresh steps are being taken to help college graduates find jobs in Shanghai.
-------A new survey by the Federal Reserve is not so optimistic about US economic prospect due to tight labor supply and high inflation.
------Factory activity in China continues to recover in May on easing of pandemic restrictions, according to a private survey.
------Normal business activities resume in Shanghai as the city emerges from a two-month long Covid-19 lockdown.
-------Russia says it will respond to the EU’s partial oil embargo by finding other customers for its energy products.
-------Recovery in activity from both China’s manufacturing and services sectors gained momentum in May.
------Shanghai’s catering industry, supported by upsurge in delivery orders, is rapidly recovering from Covid outbreak.
------EU leaders agree to slash 90% of oil imports from Russia by the end of this year.
-------China’s efforts to stabilize the more than 150 million market entities.
------As Shanghai recovers from Covid outbreaks, local authorities introduce a raft of measures to support businesses and consumers.
------EU leaders fail to agree to an embargo on Russian oil over the weekend, but are slated to try once more.
-China's major industrial firms saw profits rise by 3.5% yearly in the January-April period as the nation continues to cope with COVID-19 challenges. -U.S. Secretary of State Antony Blinken outlines the Biden Administration's policy toward China. -We take a look at China's online entertainment sector, which offers improved experiences with the help of technologies.
-Chinese Premier Li Keqiang has asked officials across the country to prioritize businesses, jobs, and people's livelihoods to stabilize the economy, commenting during a national teleconference on Wednesday. -The Guiyang Huangping Expressway will provide new vitality to local economies in the mountainous region in southwest China. -The latest on Davos 2022: Ukraine pleads for additional assistance, while European Central Bank president Christine Lagarde says the E.U. should engage in global affairs more actively.
-The value of China's total social logistics reached 106.2 trillion yuan ($15.9 trillion U.S.) in the first four months, up 3.6% yearly, with key growth drivers in the agriculture and energy sectors. -Foreign businesses in Shanghai are getting back on their feet from the COVID-19 pandemic. These companies make up about a quarter of the city's GDP. -At the ongoing World Economic Forum in Davos, global leaders discuss challenges ranging from food security to climate change.
-More measures are on the way to shore up China's economy, and more sectors are likely to benefit from further tax cuts and rebates. -At the Davos Forum, the IMF Chief warned that high commodity prices would make 2022 a challenging year for many. -QUAD leaders are meeting in Tokyo with regional security and the Indo-Pacific Economic Framework high on the agenda.
-Leaders around the world are meeting in Davos for the World Economic Forum to discuss the economy, climate change, and the Ukraine crisis. -China invests heavily in transportation, energy, and water conservation projects to boost infrastructure and support economic growth. -Lithuania announces it has banned imports of gas, oil, and electricity from Russia to seek energy independence.
----China lowers its benchmark 5-year loan prime rate in a bid to support the property sector.
----US President Joe Biden embarks his first presidential trip to Asia.
----Russia is considering withdrawing from the WTO and the WHO.
----A major summit on global trade is being held in Beijing, as the China Council for Promotion of International Trade marks its 70th birthday.
----Ministry of Commerce says China’s vast market will continue to open up.
----On China’s Tourism Day, many provinces are undertaking measures to boost local tourism despite the pandemic.
----Home prices continue to decline in major Chinese cities in April due to pandemic flare-ups.
----Japan’s economy shrank for the first time in two quarters due to COVID curbs and surging commodity prices.
----China’s 'Eastern Data, Western Computing' program is expected to offer a boost to economy.
---China’s top economic planner stresses the need to stabilize employment, consumer prices and the economy.
---China’s 'Eastern Data, Western Computing' program is a key measure in efforts to achieve carbon neutrality goals ahead of schedule.
---EU foreign ministers fail to agree on fresh sanctions against Russia.
-----We take a closer look at China’s key economic data for April and get a close check on the health of the economy amid major headwinds.
-----China accelerates computing power as part of the efforts to seek new growth drivers.
-----Russia’s revenue from oil exports grows 50% from early 2022 despite western sanctions.
-China's actual use of foreign investment surged by more than 20% to 478 billion yuan in the first four months. -U.S. producer prices soared 11% in April from a year earlier but slowed slightly from the month before. High producer prices indicate high inflation will remain in the months ahead. -We interviewed the Ambassador of Israel to China about bilateral trade and future cooperation.
-China will adopt fiscal and monetary policies to create jobs and maintain economic stability. -U.S. inflation surged to 8.3% in April, marking the second straight month of inflation over 8%. -We interview Ethiopia’s Ambassador to China about the country's new Ten-Year Development Plan.
-Despite global inflationary pressures, China's consumer prices increased moderately in April, with producer price inflation easing. -We will take a closer look at China's measures to stabilize the economy and mitigate risk. -U.S. President Joe Biden signed a bill to accelerate arms shipments to Ukraine.
-Celebrating the centenary of the Communist Youth League of China, Chinese President Xi Jinping encouraged the country's youth to forge ahead on a new journey toward national rejuvenation. -China's top economic regulator unveiled a new plan to boost the nation's bio-economy during the "14th Five-Year Plan" period. -Yoon Seok-youl was sworn in as South Korea's new president. We will look at his policies and what his government could mean for China-South Korea economic relations.
-China's foreign trade saw steady growth in the first four months of the year, maintaining its resiliency despite economic headwinds. -Hong Kong relaunched a program to support jobs as the international financial hub continues its steady recovery from the latest COVID-19 outbreak. -The U.K. says G7 leaders agree to intensify economic pressure on Russian presidents Vladimir Putin.
----We look at how China’s economy has been coping with challenges arising from Covid-19 outbreaks.
----The so-called “cultural youth” – young people who love books and arts – are boosting second-hand markets in China.
----Demand for robots has been increasing in the US during the pandemic.
----US Fed hikes its short-term interest rate by half one percentage point in its latest move to curb inflation.
----China’s services sector activity contracted in April, but business confidence improved.
----UN chief warns the current world food security issue cannot be solved without the full resumption of agricultural activities in Ukraine and Russia.
----We check out China’s consumption trends during the Labor Day holiday.
----Labor shortages continue to flay many economies. We look beyond the numbers.
----The EU is set to unveil a plan to replace 2/3 of natural gas imported from Russia by the end of this year.
----China has introduced various policies and proactive fiscal measures to stabilize its economy. ----Working from home has become a new preference during the pandemic restrictions. ----The EU is working on further sanctions against Russian oil, but certain countries should be exempted.
---China's factory activity declined in April largely due to high raw material prices and covid lockdowns. ---Travel is greatly down during this years Labor Day holiday in China because of the spread of Covid-19, but new travel preferences are being developed. ---The EU is trying to reach a deal on Russian oil imports.
-U.S. President Joe Biden is ready to send another multi-billion dollar package to help Ukraine fight against Russia. -The U.S. economy is showing signs of strain as it shrank in the first quarter. -The WHO warns that Africa is experiencing an uptick in Covid-19 cases.
-China says it will stabilize job markets and promote employment and also step up efforts to support export companies, including through tax refunds. -Poland and Bulgaria are now getting gas from their E.U. neighbors after Russia suspended supplies.
-President Xi Jinping has called for more efforts to build China’s infrastructure network and become a modern socialist country. -Russian authorities have given companies five days to revoke depositary receipts traded on foreign listings as a new law comes into force on May 5. -EV sales in Europe hit an all-time high in March, up nearly 80% monthly amid high oil prices.
-China issued guidelines on Monday to boost consumption with detailed measures to tackle short-term bottlenecks and promote long-term consumption vitality. -The International Monetary Fund has cut Asia's 2022 economic growth outlook to 4.9% and warned of risk factors. -We look at how the Russia-Ukraine conflict impacts the global auto industry.
-China's central bank added liquidity to the banking system on Monday, unleashing 530 billion yuan (U.S. $83 billion) of long-term capital into the economy. -Seventy percent of over 600 critical companies in Shanghai have resumed normal business operations. -French President Emmanuel Macron has won re-election with 58% of the vote, defeating his far-right rival Marine Le Pen.
-Boao Forum in south China's Hainan province is wrapping up today, we will bring you highlights from the event. -U.S. President Joe Biden pledged $800 million dollars in more weaponry for Ukraine and announced $500 million dollars in direct economic assistance to the Ukrainian government. -Friday, April 22, marks Earth Day, an annual event to show support for environmental protection. We look at Singapore where scientists have developed a new solution to tackle plastic waste.
-Chinese President Xi Jinping delivered a virtual address to the annual Boao Forum for Asia, saying the Chinese economy will help revitalize the global economic recovery. -We look at the opportunities that RCEP can bring to China's trade and opening up. -The broader impact of the Russia-Ukraine conflict top the agenda at this week's annual meetings of the International Monetary Fund and World Bank.
-China's central bank keeps benchmark lending rates unchanged for the 3rd straight month against the broad market expectations of a reduction. -Food supply remains stable and adequate in China during the first three months of the year despite recent COVID-19 outbreaks and logistics disruptions. -The 2022 Boao Forum for Asia kicked off with a focus on how the world should work together to recover from the COVID-19 pandemic.
-China's top economic planner to roll out more measures to support the economy. -The Boao Forum for Asia opens on Wednesday with economic recovery and green development high on the agenda. -Russian President Vladimir Putin says Western sanctions against his country have failed.
-China's economy grew by 4.8% in Q1 compared to the first three months of last year. -We look at domestic outbreaks of COVID-19 lockdowns and their impacts on China's economy. -With just two days left before the commencement of the Boao Forum for Asia, let's analyze the cooperation between China and ASEAN.
--China’s new home price growth slowed in March. --Transfer stations are set up in Shanghai’s neighboring Jiangsu and Zhejiang Provinces to facilitate inter-provincial deliveries. --The IMF is to lower growth forecasts for 140 nations due to the Russia-Ukraine conflict.
--President Xi Jinping calls for more efforts to speed up building a free trade port in Hainan. --Foreign direct investment in China posts a double-digit growth in Q1. --We focus on how the Russia-Ukraine conflict is leaving its mark on global food and energy prices.
--President Xi Jinping inspects an economic development zone in Hainan Province. --China’s Q1 foreign trade sees stable growth despite external headwinds and Omicron variant. --US inflation rises at its fastest pace in December amid high energy and food prices.
--Chinese Premier Li Keqiang calls on local government officials to step up spring sowing activity to ensure good harvest. --China’s central banks expands digital yuan pilot scheme to Guangzhou. --EU foreign ministers fail to reach a consensus over sanctions against Russian oil and gas during their meeting in Luxembourg.
--China has released a guideline on accelerating the establishment of a unified domestic market that is efficient, rule-based, open and fair. --Consumer prices in China rose 25% in March from a year ago, while PPI rose at a slower pace. --Russia boosts reserve fund for emergency spending by about 270 billion rubles to ensure economic stability amid western sanctions.