Developing New Institutions for a Higher-Standard Open Economy
Exploring the need for new institutions to foster a higher-standard open economy in an increasingly interconnected global landscape.
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Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
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Global Financial Institutions Express Optimism in China’s Economic Growth
Overseas financial institutions are confident in China’s economic prospects as high-quality growth efforts yield results, with GDP expanding by 5% and significant advances in high-tech industries.
Turning Toys into Treasure: The Rise of Collectible Side-Hustles in 2024
A new survey reveals that over a third of Americans are embracing side-hustles in 2024, with investing in collectibles like Lego becoming a lucrative option for some entrepreneurs.
China Allocates 260 Million Yuan for Disaster Relief Amid Severe Flooding
The Chinese government has allocated 260 million yuan to support disaster relief efforts as severe flooding impacts multiple regions, causing casualties and significant damage.
Dagong Library Revitalizes Wuxi’s Cultural Tourism Scene
Dagong Library in Wuxi City, Jiangsu Province, has reopened after renovation, offering engaging cultural events and attracting visitors with its rich literary heritage and modern experiences.
Exploring Wuxi: The Rising Star of Affluence and Romance
Discover Wuxi, a rising star of affluence and romance on the shores of Taihu Lake. Explore its industrial might, cultural heritage, and natural beauty in this captivating city.
Global Leaders Commend China’s Commitment to Reform and Opening Up
The Third Plenary Session of the 20th Central Committee of the Communist Party of China attracts global attention as leaders praise China’s model of reform and opening up.
China Refutes ‘Overcapacity’ Claims at WTO Trade Policy Review
China addressed WTO members’ concerns at its ninth trade policy review, refuting allegations of ‘overcapacity’ and ‘economic coercion’ and emphasizing commitment to reform and open trade policies.
Senior Chinese Officials Interpret Economic Policies at CPC Press Conference
Senior Chinese officials provided interpretations on economic topics at a CPC press conference, highlighting guiding principles from the third plenary session.
China to Bolster Foreign Investment amid Enhanced Openness, Says CPC Official
China plans to enhance foreign investment by improving its business environment and expanding market opportunities, according to a senior CPC official.
What Signals Does the Latest CPC Plenum Send?
The latest CPC plenum highlights China’s commitment to reform and opening-up, signaling significant shifts in its modernization efforts and global integration.
China to Deepen SOE Reforms and Build High-Level Socialist Market Economy
China announces plans to deepen reforms of state-owned enterprises to strengthen core functions and competitiveness, aiming to build a high-level socialist market economy.
Microsoft Resolves Underlying Cause of Global Outage, Some Services Still Affected
Microsoft announced that it has fixed the underlying cause of a global outage, but residual cybersecurity issues continue to affect some Office 365 apps and services.
Chinese Airlines Unaffected by Global IT Outages, Flights Continue Smoothly
Major Chinese airlines report that their flights remain unaffected by global IT outages, assuring passengers of smooth operations due to their independent IT systems.
How Wuxi Became China’s Leader in GDP Per Capita
Discover how Wuxi, a city in east China, leads China’s trillion-yuan GDP cities in per capita income through innovation and sustainable growth.
China and France Mark 60 Years of Diplomatic Ties with Strengthened Cooperation
Celebrating 60 years of diplomatic ties, the Chinese mainland and France reflect on an 800-fold increase in trade as Paris prepares for the 2024 Summer Olympics.
China’s Women Embrace Street Dance, Yoga, and More in Fitness Revolution
Chinese women are embracing new fitness trends like street dance, yoga, and pilates, reflecting a thriving female sports sector and a shift toward diverse forms of exercise.
CPC’s Third Plenum Sets Ambitious Reform Agenda for Chinese Modernization by 2029
The 20th CPC Central Committee’s Third Plenum concluded with a resolution to comprehensively deepen reforms and advance Chinese modernization by 2029.
ZEISS Expands in China with New R&D and Manufacturing Site in Suzhou
ZEISS has inaugurated a new R&D and manufacturing site in Suzhou, marking its first self-built project in China and demonstrating its growing commitment to the Chinese market.
Niche Sports Sweep China’s Youth: From Frisbee to Rock Climbing
From frisbee to rock climbing, niche sports are becoming the new favorites among young Chinese, drawing them in with accessibility and social appeal.