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May 12, 2022
New direct route boosts Sino-UK trade
A year ago, when Allseas Global Logistics started its Shanghai/Ningbo-Liverpool direct shipping route known as China Xpress, the service was a temporary move made to support supply chains that had been hampered by the COVID-19 pandemic.
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May 12, 2022
Nation to prioritize economic stability
China will adopt fiscal and monetary policies prioritizing job creation, as part of efforts to maintain the overall stability of economic performance, according to a decision made at the State Council's Executive Meeting chaired by Premier Li Keqiang on Wednesday.
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May 12, 2022
Ningbo's foreign trade up 12.6% Jan-April
Ningbo's imports and exports were valued at 404.22 billion yuan ($62.19 billion) in the first four months of this year, an uptick of 12.6 percent year-on-year, according to official statistics from Ningbo Customs.
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May 11, 2022
Talent service station launched in Ningbo community
Haichuang Community in Ningbo, Zhejiang province launched a talent service station, the first of its kind in the city, to help local residents find jobs and start their own businesses.
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May 11, 2022
Alibaba's Cainiao moves to facilitate cross-border logistics amid COVID woes
Cainiao Network, the smart logistics arm of e-commerce firm Alibaba Group, released a bevy of measures on Tuesday to address cross-border logistics bottlenecks held back by the current COVID-19 outbreak.
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May 11, 2022
Dropping dynamic zero-COVID approach in China could cause 1.55 million deaths: study
China could face 1.55 million COVID-19 deaths if it abandons the current dynamic zero-COVID policy, according to a new study published in Nature Medicine on Tuesday.
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May 11, 2022
Smaller companies to further benefit from tax cuts, refunds
Concerted efforts from multiple authorities in supporting value-added tax (VAT) credit refunds to businesses will play a critical role for the country's smaller businesses facing strong headwinds, and are expected to tide them through challenging times, officials and experts said.
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May 11, 2022
PBOC steps up support for real economy
China is expected to deepen deposit rate reforms to lower corporate financing costs as part of the central bank's well-calibrated efforts to strike a balance between stabilizing economic growth and sheltering from the risk of capital outflows, economic experts said on Tuesday.
