China improves business environment to spur economy
Despite the COVID-19 epidemic, new headquarters, factories and industrial projects of various international giants as well as local small and medium-sized enterprises, have been mushrooming across China.
Macro
China mulls new growth pattern for high-quality development
China will accelerate the establishment of a "dual circulation" development pattern that takes the domestic market as the mainstay while domestic and foreign markets can boost each other.
Financials
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China's tax, fee cuts top 1.5 trillion yuan in H1
China's top tax authority said the country's tax and fee cuts totaled over 1.5 trillion yuan (about 216 billion U.S. dollars) in the first half of the year.
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Interview: China confident of meeting 2020 fiscal targets
China is confident of achieving all fiscal targets and tasks set for this year, Finance Minister Liu Kun said in an interview with Xinhua.
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Industries
China unveils plan for development of property-insurance sector
China's top insurance regulator on Wednesday unveiled a three-year action plan to promote the high-quality development of the property-insurance industry.
China promotes grid price parity for renewable energy
China will strengthen the construction of projects that facilitate wind and photovoltaic power to connect to the grid with price parity, China's National Energy Administration (NEA) said on Wednesday.
Chinese chipmaker sees record sales revenue in Q2
China's top home-grown chipmaker, Semiconductor Manufacturing International Corporation (SMIC), said on Thursday that its sales revenue in the second quarter reached a record high of 938.5 million U.S. dollars.
