Chinese authorities on Monday released a master plan for the Hainan free trade port, aiming to build the southern island province into a globally-influential high-level free trade port by the middle of the century.
China's central bank introduced two new monetary policy instruments this month to directly channel funds into the real economy, another sign that the country's monetary policy will not slide into quantitative easing.
Livestreaming has now turned into a hotly contested avenue where big names in the real economy are exploring new growth engines.more
It is a smart choice as it will not only counter the economic impact of COVID-19 in the short term but help China unleash its growth potential in the long run.more
China Unicom, one of the country's major telecommunications operators, said Friday it has about 130,000 5G base stations in operation nationwide.
A trade show featuring small commodities will go online in August, according to a cooperation agreement between Alibaba.com and the commerce bureau of Yiwu, a city dubbed the "World's Supermarket."
Chinese carmaker Geely reported a 20 percent year-on-year growth in car sales in May.