Macro
China’s Real Estate Dilemma: A Decade-Long Correction Ahead, Says Economist
China's real estate market is bracing for a protracted period of adjustment, with the surplus of unsold homes expected to take over a decade to resolve, says Hao Hong,...
New Vaccine Panel Recommendations Weaken Covid and Childhood Immunization Guidance
New recommendations from the Advisory Committee on Immunization Practices (ACIP), a federal vaccine panel...
Retailers Slash Seasonal Hiring to Lowest Level Since 2009
Seasonal hiring in the retail sector is on track to fall to its lowest...
Ford Offers Subprime Buyers Special Financing to Boost F-150 Sales
Ford Motor is ramping up efforts to drive sales of its flagship F-150 pickup...
New Home Sales Jump 20.5% in August Despite High Mortgage Rates
Sales of newly built homes surged 20.5% in August compared with July, marking the...
China’s Manufacturing Sector Utilization Rate Stands at 74.5% in Q1
China's industrial capacity utilization rate has fallen to 74.3% in the first quarter of 2023, marking a 1.5% decline compared to the same period...
IMF Experts: China’s Growth to Lift World Economy Amid Global Challenges
The International Monetary Fund (IMF) Resident Representative Office in China and the School of Finance of Nankai University recently held a forum in Tianjin...
Policy Bank in China Increases Support for Water Conservation Projects
China Development Bank (CDB), one of the country's policy banks, has announced its increased financial support for water conservancy projects across China. In the...
Rongchang District Leads the Way in Boosting China’s Private Economy
As China's private companies play an increasingly important role in the country's economy, local governments have been searching for ways to encourage these companies...
Anhui’s Exports Soar 15.5% YoY to $17.2 Billion in Q1 2023
According to a press briefing on Thursday, Anhui province in East China recorded a foreign trade of 177.26 billion yuan ($25.7 billion) in the...
Chinese Government Criticizes US-China Economic and Security Review Commission Report on E-commerce Platforms
China has expressed deep concerns over the recent allegations made against its e-commerce platforms in a research report by the US-China Economic and Security...
Hainan’s Offshore Duty-Free Sales Soar to $26.8 Billion in 12 Years
Haikou Customs reported on Thursday that Hainan, the island province in South China, has generated a whopping 185 billion yuan ($26.8 billion) in total...
Guangzhou Authorities to Boost Private Businesses with New Legislative Changes
Authorities in Guangzhou, the capital of Guangdong province in southern China, are planning new legislative changes to support and boost private businesses. The aim...
China must develop its manufacturing sector towards higher-end, intelligent and better value-added products, experts say.
According to experts, China is expected to expand its high-level opening-up and strengthen international economic and trade cooperation to promote the high-quality development of...
China’s Cultural and Tourism Sectors to Receive Boost from New Campaign
China's Ministry of Culture and Tourism has announced a new campaign to boost consumption in the country's cultural and tourism sectors. Running until the...
China’s Resurging Overseas Demand Set to Bolster 2023 Foreign Trade Growth
China's foreign trade is expected to continue its steady growth in 2023, supported by resurging overseas demand, the country's free trade measures, and various...
Over 34,000 Exhibitors to Attend China’s Largest Trade Event
The 133rd China Import and Export Fair, also known as the Canton Fair, is set to open this spring with a new ferry terminal...
UN World Data Forum 2023: Advancing Sustainable Development with Data
The fourth United Nations World Data Forum is set to take place from April 24 to 27 in Hangzhou, East China's Zhejiang province, according...
China’s IP Court Streamlines Appeal Process, Improving Quality of Trials and Law-Based Environment for Innovators
China has become an increasingly popular venue for resolving international intellectual property disputes, according to a recent report by the Intellectual Property Court of...
