To follow our WeChat official account:

1. Please scan the QR Code 2. Please add the WeChat account: apdnews

To download APD News app

1. Please scan the QR Code 2. Download and install APD News App

current position: Homepage » China » China Economic Reform » all

China may loosen bad-loan provision rules, Construction Bank chairman says


The head of a mainland China bank has signalled confidence that the central government will loosen requirements for lenders’ bad-debt provisions, a move that could help them to report larger profits.

China's free trade zones pilot reforms for efficiency and openness


China's four pilot free trade zones, located along the country's developed east coast, are spearheading structural reforms to make it easier to start businesses and grant foreign firms more access to the service sector.

Chinese vice premier stresses structural reform to boost economic growth


​China will spare no effort to implement supply-side structural reform over the next five years to ensure sound and sustainable economic growth, Vice Premier Zhang Gaoli has said.

VAT reform -- a critical step in China's supply-side reform


​The myth about China's slower growth has often clouded people's judgment about the quality of its economy, as we all tend to believe faster is better, and an economy losing steam means it is on the brink of collapse.

Chinese vice premier urges stronger structural reform


​China will step up supply-side structural reform in its 13th Five-Year Plan period, Vice Premier Zhang Gaoli said at the opening of the China Development Forum in Beijing on Sunday.

China mulls creating new interest-rate mechanism


China is exploring the creation of a mechanism that would use a band to guide the country's interest rates, an approach aimed at giving the market a greater say in the financial system, a senior monetary official said on Sunday.

China's deficit increase boon for growth, reform


​China's increase of its deficit-to-GDP ratio will help prevent economic growth from falling rapidly and facilitate structural reform, a senior official said Monday.

China sets deadline for VAT reform


​Chinese finance minister said on Monday that business tax in all industries will be replaced by value-added tax (VAT) before May, a concrete step in deepening fiscal and taxation reform.

Cold front eases smog in north China


The heavy smog that has shrouded parts of north China will ease on Saturday thanks to a cold front, China's national observatory said.

China to lower entry barrier for foreign investors


China will lower the entry barrier for foreign investors and speed up the revision of relevant laws, said Spokesman for the Ministry of Commerce Shen Danyang on Wednesday.