China’s Central Bank Unveils Measures to Further Open Financial Markets
The People’s Bank of China has announced new measures to further open its financial markets, enhancing global connectivity and attracting increased overseas investment.
News & Insights Across Asia
Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
The People’s Bank of China has announced new measures to further open its financial markets, enhancing global connectivity and attracting increased overseas investment.
The China Development Bank has significantly increased loans for urban village renovation projects across China, issuing 61.4 billion yuan to benefit 360,000 households and support urban development.
A CPPCC member highlights the Guangdong-Hong Kong-Macao Greater Bay Area as a leading global growth pole, emphasizing enhanced integration and cooperation among the regions under “One Country, Two Systems.”
CPPCC member Tam Kam-kau urges Hong Kong youth to seize development opportunities in the Greater Bay Area, sharing entrepreneurial success stories to inspire the next generation.
South China’s Hainan Province accelerates its green development, achieving historic air quality improvements and building a modern green industrial system to support high-quality growth.
China’s shipbuilding industry is rapidly evolving, driven by technological innovation and new quality productive forces, say NPC deputies.
China’s CPI rose by 0.7% year-on-year in February, reversing a previous decline, while the PPI fell by 2.7%, according to the National Bureau of Statistics.
China’s 5% GDP growth target for 2024 is considered attainable by experts and officials, supported by the country’s strong economic foundations and ongoing reforms.
FAO’s Liu Xueming highlights China’s comprehensive agricultural approach as key to boosting food sources and supply chains, emphasizing youth involvement in rural revitalization.
Xizang’s unique industries like yak farming, Tibetan medicine, and Awang sheep breeding are driving rural revitalization and increasing incomes.
China and Pakistan are collaborating on cultivating Honglian type hybrid rice, a heat-tolerant variety, aiming to enhance global food security and adapt to climate change.
Exploring the complexities of China-U.S. economic relations, this article delves into the challenges and prospects of bilateral trade, highlighting the importance of cooperation for global stability.
Deloitte China’s chief economist, Xu Sitao, describes China’s 8.7% trade growth as “extremely impressive,” highlighting strong performance in electric vehicles and ASEAN trade, while cautioning about European market challenges.
China’s foreign trade in early 2024 shows diversification and resilience, with significant growth in auto exports and increased trade with Belt and Road Initiative partners, highlighting economic strength.
The Hainan Free Trade Zone in China enhances policies to attract international businesses, boosting global investment and stimulating trade growth.
CPPCC Member Lin Xiaofa calls for strong policy measures to bridge the gap between technological innovation and market application, aligning with China’s new emphasis on innovation-driven development.
China announces plans to issue ultra-long special treasury bonds starting in 2024, aiming to boost economic growth and fund long-term projects. This move marks a significant step in China’s financial strategy.
UN Women calls for significant investment in women’s economic empowerment to accelerate global growth and create equitable societies.
Private enterprises are essential to the Belt and Road Initiative’s success, driving innovation and sustainable infrastructure, as highlighted by UN Global Compact’s CEO Sanda Ojiambo.
Economists Li Daokui and Thomas Sargent discuss the potential slowdown of global economic growth in 2024 and explore strategies for countries to regain resilience amid geopolitical risks and inflation.