Economists upbeat about China's economy
China's economy is expected to remain steady in 2019 as the country rolled out a raft of fiscal and monetary policies to support the economy, economists and experts have said.
Macro
Chinese commerce minister vows continued efforts to attract foreign investment
China will continue its efforts to widen market access for foreign investment and build a better business environment, Minister of Commerce Zhong Shan has said.
Financials
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What signal can we see amid China's currency hike
China's currency RMB has strengthened more than 1000.00 basis points against U.S. dollar in Friday, which saw the biggest weekly surge since July 2005.
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Larger tax cut in pipeline, says China's finance minister
China is mulling tax reductions on a larger scale this year to bring down the burden on the real economy and improve market confidence, Liu Kun has said.
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Companies
Alipay's worldwide users exceed 1 bln
Worldwide users of Alipay, China's leading online payment platform, exceed 1 billion, according to data released by Alipay on Wednesday.
China's e-commerce platforms lower iPhone prices
China's two e-commerce platforms JD.com and Suning on Friday announced price cuts on certain iPhone models, a week after Apple reported disappointing sales in China.
Xiaomi to invest over 10 bln yuan in AI, IoT over next five years
Chinese tech giant Xiaomi plans to invest over 10 billion yuan in artificial intelligence and the Internet of Things over the next five years, the company's CEO announced Friday.
