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Senior official stresses efforts to win battle against poverty

Hu Chunhua, a member of the Political Bureau of the Communist Party of China Central Committee, Tuesday called for solid efforts to win the battle against poverty. Hu,

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G7 finance ministers reaffirm commitment to debt relief for poorest countries amid pandemic

Finance ministers of Group of Seven (G7) industrialized nations on Wednesday reaffirmed their commitment to implementing official bilateral debt relief for the world's

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Shanghai issues more license plates to spur auto sales

Shanghai has added 40,000 license plates of non-commercial vehicles to its annual quotas for the year to spur car sales, local authorities said Thursday. Qiu Wenjin, d

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Poverty alleviation in China: A must-win battle despite COVID-19

China was en route to meeting its target of eradicating poverty in rural areas and eliminating regional poverty by 2020 when the COVID-19 epidemic happened and quickly

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Factbox: China hits "fast-forward" button on 5G base stations construction

A quick look at thelatest developments related to the construction of 5G base stations in China:BEIJING, March 20 (Xinhua) -- China will quicken the construction of 5G

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All the companies from Y Combinator’s W20 Demo Day, Part IV: Healthcare, Biotech, Fintech and Nonprofits

Y Combinator’s Demo Day was a bit different this time around.As concerns grew over the spread of COVID-19, Y Combinator shifted the event format away from the two-day gathering in San Francisco

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IMF cuts global growth projection, sees "tentative signs of stabilization"

The International Monetary Fund (IMF) cut global growth projections on Monday, citing negative surprises in a few emerging markets, notably in India, and increased soc

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Economic Watch: China's RRR cut to shore up real economy

In its latest move to cut the reserve requirements, China's central bank has stepped up efforts to spur the real economy and lower social financing costs. The People's

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Chinese Laba Festival: The porridge of hope

With the New Year's festivities still in the air, the Chinese are gearing up for some traditional celebrations, starting with the Laba Festival that falls on Thursday.I

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Economic Watch: China to cut RRR by 50 basis points

Aerial photo taken on Sept. 26, 2019 shows a night view at Lujiazui area in Pudong District of east China's Shanghai. (Xinhua/Ren Long)An unnamed official with the PBOC