How China proved pessimists wrong in 2019
As the year 2019 draws to an end, China pessimists may find little evidence, again, to flesh out their ill-informed and misleading claims on the economy.
Macro
Speeding up reform in China's capital market
Despite intertwined structural and cyclical problems facing the Chinese economy, policymakers have pushed ahead with capital market reforms in 2019 that analysts say will be of far-reaching significance to the country's healthy growth in the long term.
Financials
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Massive tax cuts enable businesses to navigate difficult year
Having been in gray fabric business for 8 years, Wu Lizhong knows all too well that market fluctuations are the norm, but the past year was especially hard.
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New guideline to tackle key challenges of China's private firms
China's private companies are expected to receive a boost as a new guideline addresses key obstacles they are facing.
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Comapnies
China's Hongqi fulfills 100,000 annual sales goal
China's leading automaker FAW Group announced that sales of its iconic sedan brand Hongqi have exceeded 100,000 units, the annual sales target for 2019, as of Thursday.
Alibaba to pilot "time bank" for nonprofit elderly service
Alibaba Group is testing a new model of elderly care through its "time bank," which makes every hour people spend advancing public welfare exchangeable for services for seniors, the company said on Tuesday.
China's major chip maker unveils new generation of processors
China's major chip maker Loongson on Tuesday unveiled its new generation of general-purpose CPUs with improved processing performance in Beijing.
