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China-ASEAN RMB settlement volume up nearly 20-fold in a decade

China-ASEAN cross-border RMB settlement volume has surged nearly 20-fold in the past decade, according to a report released on Saturday during the ongoing 19th China-AS

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CIFIT 2022: Global investors expect market expansion and economic transformation in China

This year, the 22nd China International Fair for Investment and Trade (CIFIT) has attracted businesses from dozens of countries and regions seeking to explore internati

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China to strengthen support for employment: State Council meeting

China will reinforce policies to support employment and drive up consumption with more investments, according to a State Council executive meeting chaired by Chinese Pr

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Top 500 Chinese companies hit 100-trillion-yuan revenue mark

The combined operating income of the top-earning 500 Chinese companies have exceeded 100 trillion yuan for the first time, according to the latest list released by the

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China's central bank to cut forex reserve requirements

China's central bank said on Monday that it has decided to lower the foreign exchange reserve requirement ratio by 200 basis points starting September 15.The reserve re

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Optimizing business environment and promoting services trade

Data from the Ministry of Commerce showed that China's trade in services continued to grow rapidly in 2021, with the total annual import and export of services reaching

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Euro near dollar parity: Causes, impact and what's next

The euro has hovered around a parity on the dollar, as inflation is rampant and concerns about economic recession in the euro zone are growing. The official currency u

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The rising importance of China's economy cannot be ignored

Recently a global investigation conducted by CGTN and multiple think tanks has shown that over 78 percent of global interviewees are convinced that the Chinese economy

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China's H1 growth shows resilience as recovery accelerates in June, say economists

China's economy in the first half of 2022 has shown resilience in the face of elevated pressures led by weakening global growth and ongoing pandemic, while recovery gat

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China allocates 420m yuan to support flood, drought relief

China has earmarked 420 million yuan ($61.82 million) of disaster relief funds to support flood or drought relief work.The emergency funds, allocated by the Ministry of

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China pledges 100m yuan emergency humanitarian assistance to flood-hit Pakistan

The Chinese government has decided to provide 100 million yuan (around $14.5 million) of emergency humanitarian assistance, including 25,000 tents and other disaster re

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China to launch more detailed policies in Sept to stabilize economic recovery

China will unveil more detailed policies in early September to boost demand and stabilize the foundation of economic recovery, according to a State Council executive me

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China's Zheng, Yuan advance, Nadal survives scare at U.S. Open

China's Zheng Qinwen and qualifier Yuan Yue eased into the U.S. Open women's singles second round on Tuesday, beating 2017 French Open champion Jelena Ostapenko of Latv

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Baidu revenue contracts but beats estimates on cloud business growth

China's search engine giant Baidu Inc beat quarterly revenue estimates on Tuesday, underpinned by growth in its cloud business, even as it reported its first year-on-ye

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Chinese government pledges 100 million yuan emergency humanitarian assistance to flood-hit Pakistan

The Chinese government has decided to provide 100 million yuan (around $14.5 million) of emergency humanitarian assistance, including 25,000 tents and other disaster re

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76.7% of global poll respondents back China's stance on rebuilding Afghanistan

It has already been a year since the U.S. forces left and the Taliban took over, but hunger is still widespread in Afghanistan where families struggle to find food for

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Chinese e-commerce giant JD.com's Q2 results beat estimates

Chinese e-commerce company JD.com Inc. on Tuesday reported better-than-expected results for the second quarter, supported by strong online sales and its mid-year promot