The economy
- Chinese brands further global drive in fight against COVID-19
- In the unprecedented global fight against COVID-19, medical supplies made in China, ranging from masks to ventilators and other high-tech equipment, have been widely used and eagerly sought worldwide.
- China vows to strengthen macro-control to keep sound economic fundamentals
- China will step up its macro-regulation to keep the economic fundamentals steady, according to a State Council executive meeting on Wednesday.
- Premier Li urges creation of more famous brands
- Chinese Premier Li Keqiang on Sunday urged that more famous brands be created to better meet the demands of China's consumption upgrade and national development.
- Economic rebound seen for 2nd quarter
- China's economy will continue to rebound in the second quarter but the recovery pace may be constrained by external uncertainties and a global downturn, therefore stronger domestic policies are needed to ensure a steady recovery for the rest of the year, economists said.
- Home demand to buoy growth
- China's post-COVID-19 economic recovery will rely on domestic demand after production resumption, and policy response should focus on expanding consumption and investment, economists said on Tuesday.
- Financial institutions to keep tabs on risks of products
- Financial institutions should pay high attention to risks associated with certain financial products due to the current international commodity price fluctuations, increase risk awareness and strengthen risk management.
- China's service trade falls, deficit narrows in Q1
- China's service trade fell during the first quarter of the year due to the novel coronavirus epidemic, but the trade structure has kept improving with a narrowing deficit, data from the Ministry of Commerce (MOC) showed Saturday.
- E-commerce still a propeller of China's poverty alleviation
- E-commerce platforms have logged robust performance in rural areas, especially in impoverished regions, despite disruptions brought by COVID-19, the Ministry of Commerce (MOC) said Thursday.
- Chinese residents show warmer mood for saving in Q1
- China's urban residents were more enthusiastic about depositing more savings in the first quarter (Q1) of this year, said a central bank survey.
- China to expedite new infrastructure development
- China will expedite new infrastructure development in an effort to boost industrial and consumption upgrading, according to a State Council's executive meeting chaired by Premier Li Keqiang on Tuesday.
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- China's top legislature, the National People's Congress (NPC), on Thursday held the closing meeting of its annual session.