China's targeted policy tools help cash-strained small businesses

China's targeted policy tools help cash-strained small businesses

While the COVID-19 epidemic is taking a toll on the real economy, China's financial authority has managed to bail small businesses out and help them fare better with targeted policy instruments.

Macro

With 40-year miracle in Shenzhen, China's reform and opening-up set for new start

With 40-year miracle in Shenzhen, China's reform and opening-up set for new start

When China established the Shenzhen Special Economic Zone 40 years ago, overseas critics had cast doubt on its future.

Financials

Companies

China's heavy equipment maker Sany reports record profit in H1

China's heavy equipment maker Sany reports record profit in H1

China's leading heavy equipment manufacturer Sany Heavy Industry Co., Ltd. reported significant profit growth in the first half of 2020.

China's ZTE sees revenue surge in H1 despite COVID-19 impact

China's ZTE sees revenue surge in H1 despite COVID-19 impact

Chinese telecom equipment maker ZTE saw surges in both operating revenue and net profit in the first half-year despite the challenges posed by the COVID-19 pandemic.

Tsingtao Brewery posts 13.8 pct profit growth in H1

Tsingtao Brewery posts 13.8 pct profit growth in H1

Tsingtao Brewery Co., Ltd., China's major brewery and producer of Tsingtao Beer, posted 13.8 percent year-on-year net profit growth in the first half of 2020 despite a fall in sales revenue amid the COVID-19 epidemic.

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