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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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China Unveils New Measures to Attract Foreign Investment and Boost Opening-Up
China announces new measures to boost opening-up and attract foreign investment, expanding the “Catalogue of Encouraged Industries” and facilitating lower costs for foreign financial institutions.
EU Caps Ukrainian Poultry and Grain Imports to Soothe Farmers’ Protests
EU renews tariff exemptions for Ukraine but imposes caps on certain agricultural imports after farmers across the bloc protest against cheap Ukrainian goods flooding the market.
China Boosts Patent Support to Empower Innovative SMEs
China’s National Intellectual Property Administration unveils a plan to boost patent industrialization and IP awareness among SMEs, fostering innovation and economic growth by 2025.
China-EU Financial Working Group Holds First Meeting, Boosting Economic Cooperation
China and the EU held the inaugural meeting of their financial working group in Beijing, marking a significant step towards enhanced financial cooperation between the two economies.
President Xi Jinping’s Visit to Hunan Province Highlights Innovation and Opening Up
Chinese President Xi Jinping visited Hunan Province, emphasizing innovation and high-standard opening up during his inspection of local efforts to develop new quality productive forces.
China Unveils Action Plan to Boost Opening Up and Attract Foreign Investment
China’s State Council has released an action plan with 24 measures to boost opening up and attract foreign investment, emphasizing the creation of an internationalized business environment and expanded market access.
Xinjiang’s High-Quality Economic Growth Takes Lead in China
Xinjiang Uygur Autonomous Region leads China in economic growth in 2023, achieving high-quality development and significant advancements across key sectors, according to a regional government work report.
Boao Forum for Asia 2024 to Foster Regional Collaboration in Hainan
The Boao Forum for Asia Annual Conference 2024 will take place from March 26 to 29 in Boao, Hainan Province, south China, bringing together leaders to discuss key regional issues and foster collaboration.
China’s 2024 Macro-Economic Policy Shifts Focus to Stability Amid Changing Targets
China’s 2024 macro-economic policy shifts focus to stability, lowering growth targets and reflecting a strategic approach to sustainable development amid new consumption data and real estate market declines.
Record German Investment in China: Over 91% of Firms Committed, Says Chamber Director
German investment in China reached a record high in 2023, with over 91% of German companies committed to the Chinese market, says German Chamber director.
Hanfu Revival Lights Up China’s Lantern Festival
As the Lantern Festival illuminated the skies, China’s traditional attire Hanfu shone brightly, symbolizing a cultural revival energizing a booming market projected to reach 24.18 billion yuan by 2027.
Thai Trade Chamber Sees Opportunities in China After ‘Two Sessions’ Policy Goals
Thai Chamber of Commerce in China expresses optimism about new investment opportunities following China’s ‘Two Sessions.’ Vice President Saravoot Yoovidhya highlights policy goals that favor foreign investors.
Bank of Japan Ends Negative Rates, First Hike in 17 Years Marks Policy Shift
The Bank of Japan has ended its negative interest rate policy with its first rate hike in 17 years, signaling a significant shift from its longstanding monetary easing to combat deflation.
China Confident in Achieving 2024 Growth Target Amid Positive Economic Trends
China expresses confidence in achieving its 2024 growth target of around 5%, citing accumulating positive economic factors and supportive government policies.
Sanbengzi Takes the World by Storm: China’s Electric Tricycles Go Global
Sanbengzi, China’s unconventional electric tricycles, are gaining global popularity through cross-border e-commerce, reshaping international transportation markets.
EU Pledges €7.4 Billion to Egypt Amid Migration Efforts
The European Union has pledged €7.4 billion in funding to Egypt as part of a strategic partnership aimed at curbing migration flows and supporting Egypt’s economy.
China’s Economy Beats Expectations with 7% Industrial Growth in Early 2024
China’s economy starts 2024 strong with a 7% rise in industrial output in the first two months, surpassing analyst expectations and signaling sustained recovery and growth momentum.
China Boosts Green Development in South China Sea
China intensifies efforts to protect and restore the marine ecosystem of the South China Sea, implementing measures to combat pollution and promote sustainable development in the vital maritime region.
Angola Touts China’s Role in Industrial Development
Angola’s President Joao Lourenco highlights China’s crucial role in Angola’s industrialization, following his visit to China where new cooperation agreements were signed to boost investment and development.