China’s top leadership has gone all out to revive confidence and lure foreign investment in intensive meetings with foreign business leaders in recent days, setting out the “win-win opportunities ahead”, as Beijing seeks to achieve a seemingly challenging economic growth target for 2024. In a rare move, nearly all top-level officials responsible for economic affairs … Read more
Alipay’s annual cumulative transaction limit for foreign visitors has also been increased to US$50,000, up from the previous US$10,000 limit, in line with a new People’s Bank of China policy, the group said. 02:40 How mobile payments impact people’s lives in China How mobile payments impact people’s lives in China Tencent on Thursday said foreign … Read more
Xi’s comments, seen in a report released in the wake of the two-day conference, offer essential guidance for policymakers – and for observers, clear signs the country’s top leader sees movement has been lacking. You cannot procrastinate, dragging on small things until they become big ones, and delaying big things until they explodeXi Jinping “To … Read more
