China's CPI continues expansion, PPI registers fast growth

China's CPI continues expansion, PPI registers fast growth

China's consumer inflation continued modest growth in May, while factory-gate prices registered rapid expansion due to increasing commodity prices and the solid recovery of domestic demand.

Macro

China passes law on Hainan free trade port

China passes law on Hainan free trade port

China on Thursday passed a law on the Hainan Free Trade Port, making institutional arrangements for the construction of the Hainan FTP at the national legislative level.

Trade

Financials

Digital economy thrives in China's western regions: report

Digital economy thrives in China's western regions: report

The rural e-commerce industry boomed in China's western regions in 2020, according to an industrial report.

China to improve price-stability mechanism for staple goods

China to improve price-stability mechanism for staple goods

China's top economic planner has urged accelerating the improvement of the price-control mechanism for important goods related to people's livelihoods.

Chinese yuan to remain stable: PBOC deputy governor

Chinese yuan to remain stable: PBOC deputy governor

The exchange rate of the Chinese currency renminbi, or the yuan, is expected to remain stable, with two-way fluctuations becoming normal.

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