China's consumption power in post-COVID National Day holiday
The eight-day National Day holiday, overlapping the Mid-Autumn Festival, is set for a spending boom in various sectors, boding well for China's further economic recovery.
Macro
China's PMI expansion streak hints at stronger economic recovery
The purchasing managers' index (PMI) for China's manufacturing sector came in at 51.5 in September, up from 51 in August, the National Bureau of Statistics (NBS) said Wednesday.
Financials
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FTZs propel quality development in border areas
Wang Guangfu came for border trade in the city of Ruili in southwest China 20 years ago, but his lineup of products was quite limited: he mainly sold made-in-China laundry items to Myanmar.
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What China's list of top 500 firms tells about a changing economy
China unveiled its 2020 list of the top 500 Chinese companies Monday, reflecting resilience in the country's large firms that are underpinning the growth of the world's second-largest economy.
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Companies
China issues 2020 list of top 500 enterprises
China on Monday published the 2020 list of the top 500 Chinese enterprises, showing improved performances and increased research and development (R&D) spending from the listed companies.
China UnionPay sees spurt in payments amid holiday travel boom
Chinese card payment giant China UnionPay saw a rise in payments on Thursday, which marked National Day and Mid-Autumn Festival.
Sales of FAW's iconic Hongqi double in first nine months
China's leading automaker First Automotive Works (FAW) Group Co. Ltd. said sales of its iconic brand Hongqi crossed 130,000 vehicles in the first nine months of this year, a rise of 104 percent year on year.
