China's FTZ favored by foreign investors
East China's Jiangsu Province has shown increasing appeal to foreign investors in less than half a year after it was established as a pilot free trade zone (FTZ).
Figuratively Speaking
Spring Festival travel rush,
A taste for the exotic
"It's my second time here. I'm buying imported wines because Spring Festival is coming up," a customer surnamed Wang told the Global Times in a Shanghai supermarket as she browsed the wine shelves.
S.Korea's real GDP growth hits 10-year low in 2019
South Korea's real gross domestic product (GDP), adjusted for inflation, posted the lowest growth in 10 years last year, central bank data showed Wednesday.
Chinese economy in good position for future growth: US economist
The Chinese economy is in a good position for future growth as the country is making headway in further reform and opening-up at an appropriate pace, a senior US economist has said.
Chinese e-commerce platforms crack down on price increases amid Wuhan virus
A slew of domestic e-commerce platforms on Wednesday forbade the raising of health-product prices during the pneumonia outbreak in China.
China's auto market to bottom out this year and next
China's auto market will likely bottom out this year and next, after posting sales declines for two consecutive years, a senior official said Monday.
Shanghai GDP up by 6 percent in 2019
Shanghai achieved a 6 percent rise in GDP in 2019, the Shanghai Municipal Statistics Bureau announced at a press conference on Tuesday.
Heading abroad for holidays
The number of Chinese tourists going abroad is expected to increase during the upcoming Spring Festival holidays, with East Asia and Southeast Asia topping the wish list.
China combats new coronavirus
The entire nation is working to control the spread of a new coronavirus that originated in Wuhan, Central China's Hubei Province, amid the Spring Festival travel rush - the largest annual human migration in the world.
China welcomes competitive American goods
China will implement the phase one trade deal based on market and WTO rules, aiming to further advance bilateral economic and trade development and contribute to the world economy, Chinese officials and experts said on Tuesday.
China's CEOs optimistic about 2020 annual revenue: report
Chinese CEOs showed the highest level of optimism about global economic growth in 2020 and 45 percent of the surveyed Chinese CEOs said they are “very confident” in their 12-month growth prospects, according to the latest annual global CEO survey by auditing and consultancy firm PwC.
East, SE Asia top picks of outbound travelers
East and Southeast Asia remain the top picks of China's outbound travelers during the upcoming Spring Festival holiday, according to domestic travel agents, revealing an emerging trend for solo travel - especially among young people.
Throngs of Chinese visitors to US expected amid upcoming holidays
The number of Chinese tourists going to the US is expected to rise significantly during the upcoming Chinese Lunar New Year holidays, as trade tensions have eased following the phase one trade agreement and costs are dropping sharply thanks to the strengthening yuan against the US dollar.
Nation's economy won't take a hit from novel virus: experts
As the entire country - from China's central government to local authorities to the broad public - is scrambling to contain an epidemic as the infections of a novel coronavirus have surged, experts said that sectors such as tourism, transportation and consumption might be hit significantly. In particular, they have forecast at least 0.1 percent dent to Wuhan's 2020 GDP for economic losses during the Chinese Lunar Spring Festival holidays which starts on Friday.
HK government 'strongly disagrees' with Moody's rate cut
The Hong Kong government on Tuesday issued a statement in response to Moody's recent downgrading of the city's long-term debt issuer rating amid social unrest, saying it strongly disagrees with the agency's assessment of the current situation.
China welcomes high-quality, competitive US products to the Chinese market: Commerce Ministry
China and the US will make joint efforts to implement the phase one trade deal, aiming to further advance bilateral economic and trade development and contribute positive growth to the world economy, a senior Chinese trade official said on Tuesday.
China's FDI rose 5.8% in 2019, maintaining country's status as second-largest destination for foreign investment: official
China remained the world's second-largest destination for foreign investment in 2019 thanks to the country's strengthened efforts to open its market, a senior official said on Tuesday.