China Business Now

China Business Now

By China Business NowBusiness
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China Business Now episodes

  • CBN丨China rolls out long-awaited private pension program
    China will soon enter a new era of "private pensions”, which is set to complement the nation's current pension system in its latest effort to tackle the strains of an ageing population. The new mechanism allows Chinese citizens to contribute up to 12,000 yuan (about $1,872) annually to individual pension accounts.
     
    https://m.21jingji.com/article/20220421/herald/e6f07883317cc959e38072dde2296f7c.html
    7 min
  • CBN丨Shanghai’s manufacturing engines starts running again as “whitelist” system put to work
    China has recently launched the first batch of 666 Shanghai firms that are eligible for resumption, many of which are in the manufacturing sector, such as carmakers, chip producers and pharmaceutical firms. Manufacturing firms have started to resume production despite the strict COVID-19 control measures in the city.
     
    https://m.21jingji.com/article/20220420/herald/07dab404a9b5d856178ebf04e39d9bc7.html
    9 min
  • CBN丨China’s GDP rises 4.8% year-on-year in Q1
    China's first-quarter GDP expanded 4.8 percent to reach 27 trillion yuan compared to a year ago amid pressures from a more complicated and grimmer international environment and a resurgent of COVID-19 cases.
     
    https://m.21jingji.com/article/20220418/herald/9d190a65bc6bf5a042a269adbb2dc196.html
    8 min
  • CBN Friday Special丨China’s anti-telecom fraud campaign bears fruit
    China has developed the app "National Anti-fraud Center," which is designed to remind users of suspected fraudulent activities in various forms, including phone calls, text messages, or dubious apps and websites. It also offers a convenient reporting service in case users get involved in suspicious activities in their daily life. Dozens of anti-fraud lectures are also included in the app. Since its launch in mid-March 2021, the app has quickly become one of the most downloaded free apps in Apple’s App Store in China. 
     
    https://m.21jingji.com/article/20220415/herald/b29ea0e7d2da46f191f5ba8812357aeb.html
    10 min
  • CBN丨China’s cabinet hinted cut in RRR this week

    China will use policy tools, including RRR cuts in a timely way, to support the real economy, especially industries and small firms hit by the COVID-19 pandemic, and will lower financing costs, according to the State Council's Executive Meeting chaired by Premier Li Keqiang. 

     

    https://m.21jingji.com/article/20220414/herald/df90f58d41b70cc9a2a32bf947155bdd.html

    7 min
  • CBN丨China steps up stimulus with local infrastructure bond sales

    China granted provinces their full allocation of special bonds to be used for infrastructure investment, an effort to step up stimulus to boost an economy overshadowed by a worsening Covid-19 outbreak. The issuance of local-government special bonds has progressed much faster and is more advanced this year than in previous years. 

     

    https://m.21jingji.com/article/20220413/herald/cff04fc5366921ca3e8faade1bafbc32.html

    7 min
  • CBN丨China’s top securities regulator unveils a 12-point plan to restore market confident

    As part of the measures advocated to steady businesses’ expectations, China pledged to support financing of privately run firms through listings, mergers and acquisitions, and improve the supportive mechanism for private firms to issue bonds. The proposition vows to support listed real estate companies to actively transform to a new development model according to the law and regulations, strengthen their own risk management, and promote the virtuous cycle and healthy development of the industry.

     

    https://m.21jingji.com/article/20220412/herald/c5ae13ce6acb7ab9ee35342982db5271.html

    9 min
  • CBN丨China issues guideline on establishing unified domestic market

    China unveiled guidelines for accelerating the building of a unified national market, envisioning breaking local protection and market fragmentation and unblocking key sticking points that weigh on economic circulation, as part of a wide-ranging push for an effectively regulated, fairly competitive and fully open market across the country. The new guidelines issued by the Communist Party of China (CPC) Central Committee and the State Council, set out to further unify the basic systems and rules, including those for property rights protection, market access, fair competition and social credit. 

     

    https://m.21jingji.com/article/20220411/herald/845266fa2d2fca1cb187b89c61e7b28f.html

    8 min
  • CBN Friday Special丨A shot in the arm: Awareness raised of HPV vaccination yet supply faces shortage

    China has approved the production of the first domestically made vaccine against HPV at the end of 2019, before which the high prices and limited supply of imported vaccines remained a burden for many in the country. China has become the third country globally to achieve an independent cervical cancer vaccine supply. In terms of safety and efficiency, the effects of domestic vaccines are comparable to imported ones, but they cost much less.

     

    https://m.21jingji.com/article/20220408/herald/885478b7987fa746a1b29048a3974c99.html

    9 min

About China Business Now

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Welcome to China Business Now, a 3-minute digest of what happened in China’s business sector, presented by 21st Century Business Herald.