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Why is the world sanguine about China's economic prospects for 2025
​The latest data on China's economic performance in November and the recent key high-level meetings on China's economic work have indicated that the country's economy has maintained overall stability and made steady progress in 2024.

American entrepreneurs find success with craft brewery in Suzhou
​​A craft brewery founded by American entrepreneurs in eastern China is drawing attention as a successful cross-cultural venture. Twin Tails Brewing Company, visited by Chinese media last week, has become a local favorite in Suzhou's Wujiang district since its 2019 launch.
China mulls draft law to promote private sector development
Chinese lawmakers are deliberating a draft of the country's first basic law specifically focused on the development of the private sector.
China's manufacturing industry accelerates intelligent transformation
China's manufacturing sector is experiencing a rapid transformation towards intelligent manufacturing, with new industries mushrooming rapidly, according to the Ministry of Industry and Information Technology (MIIT).
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Currencies
RMB Exchange Rates Dec. 20, 2024
Issued by State Administration of Foreign Exchanges


Currency (Unit:100)RMB


US dollar

719.01



Euro

749.84



Japanese yen

4.6073



HK dollar

92.545



British pound

904.28




Dec. 19Dec. 18Dec. 17Dec. 16Dec. 13
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