Economic Watch: China counts on aggressive tax cut to spur economy

China counts on aggressive tax cut to spur economy

As the biggest tax cut in U.S. history has a domino effect on the rest of the world, China may be about to become more aggressive in cutting its taxes to stay competitive.

Macro

Financial watchdogs vow support for Belt and Road Initiative

Financial watchdogs vow support for Belt and Road Initiative

Chinese financial watchdogs pledged to offer financial support for the sustainable development of the Belt and Road Initiative ahead of a high-level international meeting.

In- depth

Industries

China to boost recycling industry for greener growth

China to boost recycling industry for greener growth

Chinese authorities on Thursday released an action plan to boost the recycling industry amid government efforts to promote green and sustainable growth.

Across China: Wine industry raises the spirits of northeastern city

Across China: Wine industry raises the spirits of northeastern city

In a few months, Huiyuanlongyun Chateau, a huge leisure park, with wine as the theme in northeast China, will throw open its cellar doors to the public.

China's courier sector expands fast in 2016

China's courier sector expands fast in 2016

China's courier sector posted strong growth in 2016 thanks to continued efforts to boost consumption and services, according to the State Post Bureau (SPB).

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