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Everything tagged: Economy

British Embassy Beijing publishes monthly China Economy Update

The British Embassy in Beijing today published its monthly China Economy Update. In summary the update concluded: ▪ Official data shows China’s economy kicks off 2018 with growth above target …

News April 24, 2018 


China to cut more taxes to grow the economy

China is set to cut the value-added tax rates as part of a tax reduction package amounting to 400 billion yuan ($63 billion) this year to drive growth, a State …

News March 28, 2018 


State-owned enterprises profits rise over 25%

China’s state-owned enterprises (SOEs) saw profits rise by 25.3% in the first two months of the year. The results are better than expected and set the trend for the rest …

News March 28, 2018 


China Work report 2018 highlights

Following the speech by the Chinese Premier Li Keqiang at the first session of the 13th National People’s Congress at the Great Hall of the People in Beijing. The following …

News March 5, 2018 


China set to strengthen regulation over internet finance businesses

China is set to continue to reform and strengthen regulation over the country’s increasing internet finance businesses in 2018 to facilitate long-term development of the industry, the National internet Finance …

News February 12, 2018 


Chinese FDI into UK doubles in 2017

Foreign direct investment into the United Kingdom from China more than doubled from $9.2 billion in 2016 to $20.8 billion in 2017, despite concerns over Britain’s future after Brexit. The …

News January 26, 2018 


China’s GDP for 2017 increases for first time in seven years

China’s economy grew at a rate faster than was expected in the fourth quarter of 2017, as exports helped put up the growth rate for the first time in seven …

News January 19, 2018 


China lifts yuan central parity rate to highest in over two years

China’s central bank has set its official yuan central parity rate to 6.4372 up 202 basis points against the US dollar. This is the highest level in more than two …

News January 16, 2018 


11th Asian Financial Forum kicks off in Hong Kong

The 11th edition of the Asian Financial Forum kicked off yesterday in Hong Kong, Co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development …

News January 16, 2018 


Shenzhen Special Economic Zone borders to be removed

The Chinese government has issued a circular revoking the borders of the Shenzhen Special Economic Zone to promote integrated development of the region. The city had separated the special economic …

News January 16, 2018