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More plans to boost financial sector cooperation within Greater Bay Area


Financial cooperation across the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) will deepen this year, as deputies of the 13th National People's Congress (NPC) suggested exploring a futures exchange and free cross-border capital flows within the area.

Sinovac's Beijing vaccine plant with 100 mln per year capacity under construction: report

Sinovac Biotech Ltd, the Chinese vaccine developer that has a lead in the global coronavirus vaccine development pipeline, received $15 million worth of venture capital funds to boost its research work.
Source: Global Times | 2020/5/23 18:13:40

Chinese firm denies ICMR allegations that COVID-19 kits give faulty results

China's Foreign Ministry and China's Embassy to India on Tuesday refuted claims by Indian Council of Medical Research (ICMR) alleging COVID-19 test kits it purchased from Chinese companies were not working, saying poor storage, transportation and use of the kits could all result in inaccurate testing results.
Source: Global Times | 2020/4/28 19:13:40

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All aboard the fun train

A digital screen displays buzzwords from this year's two sessions in a Beijing public bus on Monday. The screen reads “resolutely prevent rebound of the pandemic and firmly protect people's health.” Photo: cnsphoto
Source: Global Times | 2020/5/25 22:23:40

Words of wisdom

A digital screen displays buzzwords from this year's two sessions in a Beijing public bus on Monday. The screen reads “resolutely prevent rebound of the pandemic and firmly protect people's health.” Photo: cnsphoto
Source: Global Times | 2020/5/25 22:18:40

Deputies brainstorm support for businesses

Deputies to the ongoing National People's Congress suggest the government work out more measures to help the country's struggling export sector, and assist hundreds of thousands of the small- and medium-sized businesses which have been seriously battered by the Covid-19 outbreak. Speaking Monday during the annual National People's Congress (NPC) session, Chinese Commerce Minister Zhong Shan said that stabilizing foreign trade and foreign investment is a matter of significance.
Source: Global Times | 2020/5/25 22:11:51

Foreign investors will not leave China: Mexican Chamber

Despite rising concerns that some foreign companies might move their supply chains out of China when the novel coronavirus (COVID-19) outbreak ebbs, most investors have privately said they have confidence in China's huge market.
Source: Global Times | 2020/5/25 20:43:40

NPC deputies recommend blockchain technology acceleration

Deputies to the National People's Congress (NPC) put forward suggestion to promote the use of blockchain technology, from experimental use of the cryptocurrency in the Yangtze River Delta to upgrading the country's traditional manufacturing industry.
Source: Global Times | 2020/5/25 20:37:24

China prepares for return of US-listed companies

Chinese companies listed in the US have started seeking listings in Hong Kong and the Chinese mainland and will speed up doing so as China-US relations sour, while Chinese regulators are likely to roll out reforms to accelerate the trend, financial experts said.
Source: Global Times | 2020/5/25 19:58:01

China's 618 online shopping festival kicks off

China's largest mid-year shopping festival, known as 618, kicked off on Monday, with pre-sale volumes on Alibaba's Tmall e-commerce site skyrocketing 515 percent year-on-year within an hour.
Source: Global Times | 2020/5/25 18:58:40

Anti-dumping investigation on barley the only one initiated by China on Australia: commerce minister

Since China's anti-dumping and anti-subsidy investigation and relevant punitive tariffs against Australia's barley imports have recently become sources of tension, China's Commerce Minister said the investigation is the only one initiated by China on Australia, compared to more than 100 investigations launched by Australia.
Source: Global Times | 2020/5/25 18:48:45

Chinese Embassy in India will help Chinese nationals fly home

The Chinese Embassy in India said on Monday that it will help Chinese students, tourists and businesspeople return to China on chartered flights, with ticket and quarantine fees paid for by the passengers themselves. The first flight is scheduled for June 2 and will fly from Delhi to Shanghai.
Source: Global Times | 2020/5/25 18:09:35

China to 'firmly' retaliate against possible US sanctions over national security law: FM spokesperson

China said on Monday that it would take “all necessary measures” to firmly counter and retaliate against the US' threatened sanctions over a national security law for the Hong Kong Special Administrative Region (HKSAR), lambasting the US for blatant interference in China's internal affairs.
Source: Global Times | 2020/5/25 17:47:01

Australia's Victoria state BRI partnership with China is fair and legitimate: FM

China's cooperation with Australia's southeastern Victoria state under the Belt and Road Initiative (BRI) is the result of friendly consultations, and the partnership is fair and legitimate, Zhao Lijian, spokesperson of China's Foreign Ministry, said on Monday.
Source: Global Times | 2020/5/25 17:46:11

Long tunnel stretching 15 km on China-Laos railway is completed

The construction of a 15.2-km-long tunnel on the China-Laos railway was completed on Sunday, and the constructors said the railway link will come into operation in 2021.
Source: Global Times | 2020/5/25 16:18:41

China-Czech Republic jointly fight COVID-19

In a recent telephone conversation, Chinese President Xi Jinping and Czech President Milos Zeman spoke highly of the cooperation between the two countries to meet the challenge of COVID-19. As President Xi said, “The virus knows no borders or races, and we can only win by fighting together."
Source: Global Times | 2020/5/25 15:28:40