China Development Forum 2024: Premier Li Qiang to Illuminate New Growth Opportunities
Premier Li Qiang to deliver keynote at China Development Forum 2024 in Beijing, focusing on new drivers of China’s growth and global opportunities.
Business
Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
China Enhances Mobile Payment Services for Foreign Visitors
China’s central bank has released new guidelines to improve mobile payment services for foreigners, raising transaction limits and easing privacy concerns.
China’s Commercial Space Industry Set to Soar Beyond 2.3 Trillion Yuan in 2024
China’s commercial space industry is poised for significant growth, expected to surpass 2.3 trillion yuan ($318 billion) in 2024, as highlighted at the Central Economic Work Conference in 2023.
China Unveils Major Initiatives to Empower Private Businesses
China’s National Development and Reform Commission has announced new initiatives to strengthen private sector growth, focusing on workforce training, entrepreneurship support, and enhancing home services.
Unmanned Machines Revolutionize Spring Plowing in China
Farmers in China are embracing unmanned machines to enhance spring plowing efficiency, marking a significant shift towards modernized agriculture.
Global Business Leaders Express Confidence in China’s Market Growth
Foreign executives from Volvo Cars and Tyson Foods discuss China’s favorable business environment and future growth opportunities in the automotive and food industries.
China Accelerates Green Growth: Electric Vehicles Leading the Charge
China is accelerating its shift towards green industries, aiming for a 45% electric vehicle market share by 2027, surpassing previous targets. This opens new opportunities for companies like Eurasian Resources Group.
China’s Commercial Aerospace Industry Soars with Satellite Internet Revolution
China’s aerospace industry is advancing with the rise of satellite internet, driving innovation across consumer electronics, automotive, and home communications, heralding a new era of opportunities.
Miami Beach’s Spring Break Crackdown Leads to Decline in Violence
Stringent measures in Miami Beach have reduced Spring Break violence, with arrests down and no shootings reported. However, businesses and partygoers feel the impact of the crackdown.
U.S. Real Estate Shake-Up: NAR Settles $418 Million Lawsuit Over Commission Practices
The National Association of Realtors settles a $418 million lawsuit alleging inflated commissions, signaling significant changes for the U.S. real estate market.
China Criticizes U.S. Chip Incentives as ‘Discriminatory’
China’s Ministry of Commerce criticizes U.S. chip sector incentives as ‘discriminatory’, accusing the U.S. of violating international trade rules and disrupting global semiconductor industry chains.
Global Leaders Commit to Unlock Nuclear Energy Potential at Brussels Summit
Over 30 government leaders convened at the first-ever Nuclear Energy Summit in Brussels, committing to unlock nuclear energy’s potential globally to meet climate targets and enhance energy security.
China’s Sleep Economy Soars as 60% Experience Poor Sleep Quality
With nearly 60% of China’s population experiencing poor sleep quality, the nation’s sleep economy has surged to 500 billion yuan ($69 billion) in 2023, reflecting a growing focus on health and well-being.
China’s Economy Begins 2024 on a Steady Note, Officials Report
China has started 2024 steadily, with officials highlighting a stable financial ecosystem and increased investments at a recent media conference.
Game + AI: Transforming Gaming for Developers and Players
The fusion of AI and gaming is transforming the industry, offering benefits for both developers and players. Discover how ‘Game + AI’ is shaping the future of gaming.
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.