China vows to further ensure grain security
Chinese authorities on Monday reaffirmed the country's focus on ensuring grain security and protecting germplasm resources after unveiling an annual rural policy plan to facilitate agricultural modernization and advance rural vitalization.
Macro
High-profile meeting identifies China's next-stage reform priorities
China's top leaders have outlined priorities and tasks for the next-stage reform at a key meeting on Friday, which is expected to play a crucial role in the country's pursuit of a new development paradigm.
Financials
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New spending trends thrive amid China's "staying put" holiday
The Chinese Lunar New Year holiday has traditionally played an important role in driving consumption, especially tourism. However, the week-long holiday this year witnessed different consumption patterns as people were encouraged to "stay put" to prevent the spread of COVID-19.
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Chinese SOEs mull development plans for 2021-2025
China's centrally-administered SOEs are making growth plans for the 14th Five-Year period, with a focus on high-quality development to underpin broader economic and social development.
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Companies
Geely, Volvo announce combination of powertrain businesses
Volvo Cars and Geely Automobile Holdings Limited on Wednesday announced wide-ranging collaborations and the combination of their powertrain businesses.
Vipshop reports 5.5 bln USD in Q4 net revenues
China's major online discount retailer Vipshop Holdings Ltd. generated total net revenues of 35.8 billion yuan in the Q4 of 2020, maintaining positive net earnings for 33 consecutive quarters.
Chinese chili sauce maker Lao Gan Ma logs record sales revenue in 2020
Lao Gan Ma, a major chili sauce maker in China, saw its sales revenue reach a record high of over 5.4 billion yuan in 2020, the company's financial report showed.
