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June 01, 2022
Ningbo unveils new measures to bolster high-tech sectors
Ningbo in East China's Zhejiang province recently rolled out an action plan to further optimize the business climate for high-tech enterprises, local media reported.
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May 18, 2022
Govt mulls over more fiscal support
China is considering additional fiscal policy support while mounting an all-out effort to put existing measures into place, providing a strong buffer against downward pressures on the national economy, officials and experts said 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 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 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.
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January 07, 2022
Plan set to improve market-based allocation
China's latest move to release a plan to pilot comprehensive reforms of market-based allocation of factors of production will push its drive to build a high-standard market system and foster high-quality development, experts said.
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June 18, 2021
Negative list to be shortened for investors
China's unwavering efforts to deepen reform and opening-up are set to provide more business opportunities to foreign investors and contribute further to world economic recovery, according to experts and business leaders.
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January 29, 2021
Ningbo ramps up support for emerging industries
Ningbo, East China's Zhejiang province, recently rolled out a guideline to bolster the development of emerging industries and strategic emerging industries in key fields.