Strong start to 2021, China economy powers ahead for high-quality growth
China's economy grew 18.3 percent year on year in the first quarter of 2021, as strong domestic and foreign demands powered recovery from a low base in early 2020 when COVID-19 stalled the world's second-largest economy.
Macro
China takes further steps to streamline administration, improve business environment
China on Thursday released a guideline on advancing reforms to streamline administration and delegate power amid efforts to improve the business environment and push high-quality development.
In-depth
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China's duty-free market expands amid overseas consumption return
China's duty-free market has been gathering steam with overseas consumption flowing back to the home market due to the impact of the COVID-19 pandemic.
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China's foreign trade surges in Q1 amid continued social, economic development
China's foreign trade surged in the first quarter of 2021, as the country made continuous progress in COVID-19 prevention and control, as well as economic and social development.
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Financials
China continues to attract foreign investors with soaring Q1 FDI
China remains a popular destination for overseas investors, with foreign direct investment logging a substantial increase in the first quarter of this year.
Digital yuan trial heralds inclusive tech future
As China is testing the water before launching central bank digital currency, the country's southern tech hub Shenzhen has taken a further step by conducting another trial run and enlarging its test population by 500,000.
Blockchain powers China-Europe rail trade
Blockchain is being used to boost trade through the China-Europe train routes, which have contributed significantly to lowering logistics costs and served as a lifeline stabilizing global trade amid the pandemic.
