Date: 13/12/2024

Author: Emma

Category:Economy

《Exclusive Insight》丨This Issue Focuses on the 7th CIIE

- Highlights - ▼ At the recently concluded 7th China International Import Expo, numerous high-quality products from countries participating in the Belt and Road Initiative have become new "star exhibits," attracting many buyers and professional visitors to stop and take notice. With the continuous expansion of China's import scale, more and more exhibits from Belt and Road countries are making their debut, first exhibition, and first showcase at the Import Expo. The Expo has become an important platform for more participating countries' exhibitors and high-quality goods to enter the Chinese market. China and Peru are "neighbors" on opposite sides of the Pacific. In recent years, the economic and trade cooperation between China and Peru has...

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Date: 10/12/2024

Author: Emma

Category:Economy

Come, let's get to know the "Two New" and "Two Major" policies!

This year, China has continued to increase the intensity of counter-cyclical regulation, effectively implementing the macroeconomic policies that have been introduced, and continuously enhancing the consistency of macroeconomic policy orientation. Macroeconomic policies have been consistently strengthened, proactively implemented, and coordinated to form a cohesive force. Among these, the "Two New" and "Two Heavy" policies are key focus areas for this year's economic work and are also important levers for expanding domestic demand and promoting high-quality development. What are the "Two New" and "Two Heavy" policies, and what have been their implementation effects? Let's take a closer look. The issuance of ultra-long-term special sovereign bonds to support "Two Heavy" construction is a significant measure to promote high-quality economic development through a package of incremental policies. The picture shows...

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Date: 10/12/2024

Author: Emma

Category:Economy

Decoding Digital RMB | Another "Red Envelope Rain"! Multiple Commercial Banks Launch Digital RMB Discount Campaigns

!(////.) Since the pilot testing of the digital RMB at the end of last year, multiple digital RMB pilot regions and operating institutions have continuously carried out activities to distribute consumption vouchers through digital RMB red envelopes. These vouchers cover key areas that promote consumption, including dining, automobiles, and home appliance sales, playing a positive role in stimulating residents' consumption. In order to further leverage the digital RMB to enhance consumption vitality, recently, digital RMB operating institutions such as the Bank of Communications and MyBank have jointly initiated...

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Date: 10/12/2024

Author: Emma

Category:Economy

Large Steel Companies Expanding in Indonesia! Guixin Steel, Tsingshan Group, Delong Group, Nanjing Iron and Steel, Taishan Steel...

In recent years, overcapacity has been plaguing domestic steel enterprises. In a certain year, Baosteel pioneered the establishment of overseas factories, after which steel enterprises accelerated their "going global" pace, outlining a roadmap for Chinese steel companies to expand abroad. Indonesia, as a strategic cooperation country under the Belt and Road Initiative and also the most populous member state of ASEAN, is emerging as one of the best choices for Chinese steel enterprises to venture overseas. Currently, several Chinese steel companies have established operations in Indonesia: - Guangxi Guixin Steel's new one million-ton special steel production line in the Indonesian Qingshan Industrial Park - Qingshan Group's construction of production capacity in Indonesia...

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Date: 09/12/2024

Author: Emma

Category:Economy

Minister Wang Wentao meets with Japanese Minister of Economy, Trade and Industry, Eiharu Muto

On the date, Minister of Commerce Wang Wentao met with Japanese Minister of Economy, Trade, and Industry Motoo Muto in Lima, Peru, where they exchanged views on Sino-Japanese economic and trade relations. Wang Wentao stated that both sides should jointly implement the important consensus reached by the leaders of the two countries, enhance policy communication and dialogue, and comprehensively advance the strategic mutually beneficial relationship in the economic and trade fields. Both sides positively evaluated the Sino-Japanese Export Control Dialogue mechanism and the launch of the Sino-Japanese Working Group on Business Environment Optimization, which has achieved good results, and agreed to hold a Sino-Japanese policy dialogue on service trade. The Chinese side also exchanged views with the Japanese side on Japan's semiconductor export controls and China's accession to certain agreements.

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Date: 09/12/2024

Author: Emma

Category:Economy

China-US Financial War Unveiled! Where Will the Stock Market Head?

According to a report by Cailianshe on the designated date, the three major indices continued to weaken, with the ChiNext Index falling more than %, the Shanghai Composite Index down by .%, and the Shenzhen Component Index down by .%. Sectors such as software services, gaming and media, consumer electronics, and photovoltaics saw significant declines. Nearly 3,000 stocks on the Shanghai, Shenzhen, and Beijing markets fell, with close to 1,000 stocks dropping more than %. The recent continuous decline in the stock market has suddenly brought a chilling sensation to many retail investors. Some retail investors joked, "I experienced the dot-com bubble and lost half of my investment. Now, I'm back as a king, having already lost 2/3," while others lamented, "The rise of the stock market is like picking up soil with a needle, but the fall..."

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Date: 09/12/2024

Author: Emma

Category:Economy

The "Measures for the Management of Non-Performing Assets" have been officially released. What do they say?

Date, the non-performing asset industry welcomed a significant document – the State Financial Supervision and Administration issued the "Measures for the Administration of Non-performing Asset Business of Financial Asset Management Companies" (hereinafter referred to as the "Non-performing Asset Management Measures"). On a certain date, a department head from the State Financial Supervision and Administration answered questions from reporters regarding the "Non-performing Asset Management Measures". Why was the "Non-performing Asset Management Measures" introduced at this time, and what are the notable contents within it? Firstly, as a nationwide industry management measure, the introduction of the "Non-performing Asset Management Measures" clarifies the role of the non-performing asset industry in China's financial sector and even China's economy...

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Date: 09/12/2024

Author: Emma

Category:Economy

Price increases after multiple views? Consumer association experience investigation on big data "kill the rich"

Have you ever experienced differentiated big data marketing? To promote the rational application of big data and protect the legitimate rights and interests of consumers, the Beijing Consumers Association, the Tianjin Consumers Association, and the Hebei Consumers' Rights Protection Committee jointly conducted a survey on the phenomenon of differentiated big data marketing. The questionnaire survey results show that the majority of respondents believe that big data technology has both advantages and disadvantages in enhancing consumer experience. The respondents' views on big data technology exhibit a double-edged sword effect, among which: - .% of respondents believe that the benefits of big data application outweigh the drawbacks - .% of respondents believe that the drawbacks outweigh the benefits - ....

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Date: 09/12/2024

Author: Emma

Category:Economy

Multiple tax policy adjustments concerning the real estate market!

Xinhua Authoritative News Flash | Tax Policy Adjustments Concerning the Real Estate Market! Recently, China has introduced a series of tax policy adjustments aimed at further stabilizing the market and promoting the healthy development of the real estate industry. These policies include tax incentives for homebuyers, tax reductions for real estate developers, and adjustments to taxes in the real estate transaction process. Firstly, for homebuyers, the government will provide more tax preferential policies to alleviate the economic burden on buyers. These policies will help stimulate market demand and promote the activity of the real estate market. Secondly, for real estate development...

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