Easing burdens on businesses through extensive tax and fee cuts while enhancing spending on key sectors, China's proactive fiscal policy has underpinned the ongoing economic recovery and will continue to play its role in reinforcing the balancing progress, analysts noted.
The Pudong New Area in Shanghai will play a leading role in China's new journey to fully build a modern socialist country in a number of areas, central and local officials said Tuesday.
China's Ministry of Commerce announced on Monday that, with the approval of the State Council, Shanghai, Beijing, Guangzhou, Tianjin and Chongqing will take the lead in developing international consumption center cities.more
China has released a guideline to energize market entities and improve the business environment with streamlined administrative procedures and better services.more
China's new high-speed maglev train rolled off the production line on Tuesday. It has a designed top speed of 600 km per hour -- currently the fastest ground vehicle available globally.
Airbus has inaugurated its A350 aircraft project at its widebody completion and delivery center in China's Tianjin. It is first time European planemaker has launched such a project for A350 outside Europe.
Great Wall Motor, China's leading sport utility vehicle and pickup manufacturer, said Tuesday that its first half-year net profit more than tripled due to vehicle sales growth and increased profit margins.