China Business Now

Top banking regulator said China has made progress in preventing and defusing financial risks. To expand consumer demand and investment, it is suggested that the banking and insurance industry should better support the operation of small and micro businesses, support rural vitalization, and provide services for new urban residents.

https://m.21jingji.com/article/20220303/herald/073060190a872c5028ae60516c1cdae8.html

China’s commerce ministry vows to proactively align with high-level international economic and trade rules and sign more free trade agreements to boost digital economy.

https://m.21jingji.com/article/20220302/herald/9cf498fbfc2a2eae778d25d99908261b.html

China's factory activity in February expanded again, with manufacturing recovering steadily after the Spring Festival holiday. The official manufacturing Purchasing Managers' Index (PMI) edged up to 50.2 in February from 50.1 in January.

https://m.21jingji.com/article/20220301/herald/dc62afe75a9687410d4a9bc11b9ed681.html

The Russia-Ukraine conflict has become the latest wild card for the investors who are already concerned with global supply chain disruptions, the 7.5 percent inflation rate in the US and the still-raging coronavirus pandemic in the world. The Chinese yuan is expected to stay appealing even amid the looming interest rate hikes by the US Federal Reserve.

https://m.21jingji.com/article/20220228/herald/05f8cc76cacbd02559819ebc61a0334b.html

China's payment platform will roll out new merchant barcodes for businesses to receive payments. Businesses will be free to choose whether to use the new codes or continue to use their personal codes as before. Individuals can continue to use personal QR codes for transactions after March 1.

https://m.21jingji.com/article/20220224/herald/733e3c1c5e1115252aaefaf6e0e62714.html

China unveiled its "No.1 central document" for 2022, outlining key tasks to comprehensively push forward rural vitalisation this year. The document called for efforts to stabilise and increase agricultural production, steadily raise farmers' income, and ensure stability in China's rural areas to cope with the COVID-19 pandemic and other changes unseen in a century and promote sound economic and social development.

https://m.21jingji.com/article/20220223/herald/32f6e57d94c83d92296aa3883625b91d.html

In a fresh move to boost the cross-border e-commerce sector, Chinese authorities have further optimised the cross-border e-commerce retail import list to add more goods, enriching the options in the domestic market to meet rising consumer demand. Starting from March 1, a total of 29 items including ski equipment, tomato juice and golf equipment will be added to the list.

https://m.21jingji.com/article/20220222/herald/2803ffc9a45781f5e5706fa88b374f32.html

China continued to see a generally stable housing market in January, as new home prices edge up for the first time since September on a monthly basis, official data showed Monday.

https://m.21jingji.com/article/20220221/herald/c908e6e8e9f34fbab8b620296766f265.html

The Gen-Zs have really given us so many surprises during the Beijing Winter Games. Data shows that among the 176 athletes in the Chinese delegation, 47 are born after 2000, accounting for nearly 30 percent of the total.

https://m.21jingji.com/article/20220218/herald/c5dff654bc483e4af38034ca6c386537.html

The price of rare earths hit a record high this week as demand has outpaced supply in China, the world’s top producer of the elements crucial to many cutting-edge products.

https://m.21jingji.com/article/20220217/herald/347a8e6368629d7282f1a5b3aa962ad9.html