Breakthroughs will be made in steel and coal sectors in reforms of traditional industries, along with China's efforts to cultivate new growth engines, the Chinese premier said on Wednesday. It is crucial to make a good start for the 13th ...
China's online retail volume is expected to outperform the rest of the world by reaching four trillion yuan (618 billion U.S.dollars) this year, Commerce Minister Gao Hucheng said Sunday. China has attained key targets outlined by the ...
Tags: Online Retail, Volume
The decision by the International Monetary Fund (IMF) to confer the reserve currency status on China's renminbi (RMB), "is good news," a former Chilean diplomat said. "It's good news because it acknowledges the role that the Chinese ...
Tags: RMB's Upgrade, Reserve Currency
Dutch nutrition company Royal DSM and United Nations World Food Programme (WFP) have entered into an agreement to prolong their partnership for three years in tackling hunger and malnutrition in developing nations. The partnership intends ...
Against the backdrop of the gloomy global economy, almost all countries have taken innovation as a key to success. So does China. On top-level design, China's 13th Five-Year Plan for 2016-2020 clearly lists innovation as the number one ...
Tags: Innovation, China, Innovation Trend
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
After a decade of negotiations, China and Australia will begin to implement a Free Trade Agreement on Sunday. Significant benefits to both economies are expected. Under the Free Trade Agreement, or FTA, nearly 86 percent of the two ...
Tags: FTA, China-Australia
A file photo shows a high-speed train, independently developed by China, departs from the Harbin West Station, NE China's Heilongjiang Province. Ways to keep the economy steady through structural reforms are said to be the focus as ...
Tags: Innovation, economy steady
China has the third largest IMF quota and voting share after the United States and Japan since the IMF reform plan being ratified by the U.S. Congress last week. [Photo: finance.sina.com.cn] Emerging powers like China, India, and Brazil ...
Tags: IMF quota, Emerging Economies
To improve its free trade areas (FTAs) China will step up cooperation with neighboring countries and improve the support and evaluation systems, according to guidelines published by the State Council on Thursday. By speeding up FTA ...
Throughout 2015, the world has watched with great interest the development of China-U.S. relations, as many believe almost every interaction between the world's top two economies has a bearing on all major global issues. Here are some ...
Tags: China-U.S.Relations
Yesterday's U.S. interest rate adjustment narrows the scope for China to balance currency stability with economic growth. The U.S. Federal Reserve raised the benchmark interest rate by 25 basis points on Wednesday, the first increase ...
Tags: U.S.Rate, China's Policy
The Hong Kong Monetary Authority raised its base rate from 0.5 percent to 0.75 percent on Thursday, following the U.S. Federal Reserve's lead overnight and raising concerns of capital outflows from the region. The Hong Kong dollar's peg ...
Tags: Hong Kong dollar, U.S.dollar, U.S.Fed
Chinese Premier Li Keqiang (R) holds a welcoming ceremony for Russian counterpart Dmitry Medvedev for the 20th China-Russia Prime Ministers' Regular Meeting in Beijing on Dec. 17, 2015. [Photo: gov.cn] China and Russia signed more than 30 ...
Tags: energy, investment, finance, bilateral cooperation
China's State Council on Thursday released guidelines on accelerating implementation of its free trade agreement (FTA) strategy, with an aim to gradually foster a global free trade network. The guidelines specified that the near-term goal ...