China-Laos Railway: Bridging Borders and Building Prosperity
Discover how the China-Laos Railway transforms Laos from a land-locked to a land-linked nation, boosting trade, enhancing cultural exchanges, and reshaping lives with shared prosperity.
Business
Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
Read More
Xinjiang’s Cotton Output Soars to Record High in 2024
Xinjiang’s cotton output reached a record 5.69 million tonnes in 2024, up 574,000 tonnes from the previous year, solidifying its role as China’s leading cotton producer.
China Adopts Major Resolution to Deepen Reforms and Advance Modernization
The Communist Party of China adopted a resolution to deepen comprehensive reforms and advance Chinese modernization, aiming to achieve socialist modernization by 2035.
Chinese Industrial Profit Decline Narrows in November; Key Sectors Show Growth
Profits of major industrial firms in the Chinese mainland saw a smaller decline in November, with key industries posting growth, signaling potential economic recovery.
China Announces Major Progress in 2024 Transportation Projects
China’s Ministry of Transport announces significant progress in key transportation projects set for completion in 2024, highlighting advancements in infrastructure that aim to boost economic growth and connectivity.
China’s High-Speed Rail Network Reaches 47,000 Kilometers, Boosting Economic Growth
China’s high-speed railway network has expanded to 47,000 kilometers, boosting economic growth and regional connectivity, according to data released by the National Railway Administration.
Wealthy Households Fuel U.S. Holiday Spending Amid Rising Costs
An expected rise in U.S. holiday spending is likely to be driven by wealthier households, while lower-income Americans tighten budgets due to rising costs for essentials, reports suggest.
China’s Digital Economy Surpasses $6.7 Trillion in Revenue in 2023
China’s digital economy reached 48.45 trillion yuan ($6.74 trillion) in revenue in 2023, with core industries employing over 36 million people, highlighting the sector’s significant role in economic growth.
China Expands Health Insurance Reform Allowing Family Members to Share Accounts
China expands its health insurance reform, allowing more individuals to use relatives’ account balances for medical expenses, aiming to reduce family healthcare costs and enhance medical risk resilience.
China Boosts Economy in 2024 with Policy Rate Cuts and Visa Policy Optimization
China intensifies economic stimulus in 2024 with policy rate cuts, incremental policies, and visa policy optimization.
China Approves New VAT Law, Effective from 2026
China’s national legislature has approved a new Value-Added Tax (VAT) law, effective January 1, 2026, consolidating regulations and introducing exemptions to streamline the taxation system.
China’s Economy Shows Robust Growth in Latest National Economic Census
China’s fifth national economic census reveals significant growth in businesses and employment within the secondary and tertiary industries, highlighting the nation’s economic stability and progress.
New Quality Productive Forces Propel China’s Economic Transformation in 2024
China’s emergence of new quality productive forces in 2024, marked by a 9.4% rise in high-tech investments, is reshaping its economy through advancements in robotics, green energy, and autonomous driving.
Tesla’s Shanghai Megafactory Nears Completion, Boosting Global Energy Storage
Tesla’s energy storage megafactory in Shanghai is set to be completed by year’s end, aiming to produce 10,000 Megapack units annually and boosting global energy storage capacity.
China Extends Anti-Dumping Probe on EU Brandy Until 2025
China’s Ministry of Commerce has extended its anti-dumping investigation into EU-originating brandy until April 5, 2025, citing case complexity and ongoing concerns over domestic industry impacts.
China Extends Anti-Dumping Probe on EU Brandy Imports Until 2025
China’s Ministry of Commerce has extended its anti-dumping investigation into brandy imports from the European Union until April 2025, citing the case’s complexity.
China Extends Anti-Dumping Investigation into EU Brandy Imports Until 2025
China’s Ministry of Commerce extends anti-dumping investigation into EU brandy imports until April 2025, citing case complexity, and imposes temporary measures requiring deposits from importers.
China Extends Anti-Dumping Investigation into EU Brandy Imports
China’s Ministry of Commerce has extended its anti-dumping investigation into EU-originating brandy imports until April 2025, citing case complexity and potential threats to the domestic brandy industry.
China Extends Anti-Dumping Probe on EU Brandy Imports
China’s Ministry of Commerce extends its anti-dumping investigation into EU brandy imports until April 2025, citing case complexity and potential threats to its domestic industry.
China Extends Anti-Dumping Investigation into EU Brandy Until 2025
China extends its anti-dumping investigation into EU brandy imports until April 2025, citing case complexity, and imposes temporary measures to protect the domestic industry.