Beijing’s top official handling trade and economic affairs talks with the United States inspected major container ports in China’s top exporting province on Sunday, amid concerns over the potential impact of US president-elect Donald Trump’s trade policies. During his visits to Nansha Port in the city of Guangzhou and Shekou Port in the city of … Read more
President Xi Jinping has issued a slew of economic-centric instructions in the past week, at a time all eyes are watching Beijing’s stimulus package aimed at shoring up China’s economy. The latest message from Xi was conveyed on Sunday in the northeastern city of Tianjin during an event to celebrate the 40th anniversary of China’s … Read more
The traditional field trips came in the lead-up to the party’s third plenary session in July, where its top policymaking body – the Central Committee – will set out the country’s general economic strategy for the next five to 10 years. “The new measures certainly show that the authorities want to put a floor under … Read more
Yan Pengcheng, who served under He in various roles at the National Development and Reform Commission (NDRC), has been appointed as a deputy head of the general office of the Central Financial and Economic Affairs Commission. The latter is a powerful Communist Party body responsible for managing the world’s second-largest economy and He is director … Read more
Chinese vice-premier He Lifeng has called for improvements in the performance and profitability of listed firms, a signal that Beijing wants to see more support for China’s ailing stock market and a boost in confidence along with it. He made the remarks during a nationwide teleconference attended by cadres from all regions on Monday, during … Read more
China’s Huawei Technologies will start building its mobile phone network equipment factory in France next year, a source familiar with the matter said, pressing ahead with its first plant in Europe even as some European governments curb the use of the firm’s 5G gear. The company outlined plans for the factory with an initial investment … Read more
