China Development Bank, one of the country's policy banks, will provide 550 billion yuan (about 77.46 billion U.S.Of the total financing amount, 520 billion yuan will be loans denominated in yuan and foreign currencies, the bank said.
China's courier sector posted robust growth momentum in May, according to an industry index.
The Thailand Institute of Scientific and Technological Research (TISTR) on Thursday has unveiled a brand new fruit packaging innovation to store strong-odoured fruits like durian.
Heihe Customs in northeast China's Heilongjiang Province has supervised the importation of 1.58 billion cubic meters of natural gas via the China-Russia east-route natural gas pipeline over the past six months.
South Korean prosecutors on Thursday sought an arrest warrant for Samsung Electronics Vice Chairman Lee Jae-yong, an heir apparent of Samsung Group, over accounting fraud, according to local media reports.
China has been speeding up the resumption of major railway construction with a total of 115 under-construction projects nationwide having fully resumed work, the China State Railway (CSR) Group Co., Ltd. said.
A private survey showed Wednesday that the business activity of the Hong Kong Special Administrative Region dropped less in May as the COVID-19 epidemic abated and related social distancing measures eased.
Top U.S. businesses are taking pains to try to be on the right side of the issue when it comes to racism and police violence.
China will further reduce logistics costs to improve the efficiency of logistics, accelerating the recovery of production and the return to normal life following the COVID-19 epidemic.
Premier Li Keqiang has called for heightened measures to reduce the financing costs of smaller businesses with steps to raise their lines of credit and allow them to use intellectual property rights as collateral to obtain loans.
President Xi Jinping underlined the importance of high quality and high standards in building a free trade port in Hainan province while prioritizing integrated institutional reform in the process of building the port.
A major China-Europe freight train route linking Yiwu in Zhejiang Province and Madrid in Spain has seen deliveries surge 72 percent in the first five months, according to the train operator.
Many U.S. brands and retailers have been hit hard by closings mandated by stay-at-home orders and social distancing measures that started in mid-March due to the COVID-19 pandemic. But even as some are gradually reopening, experts see a slow recovery.
China's factory and service sector activities expanded in May amid government policies to coordinate growth and control of the COVID-19 epidemic, official data showed Sunday.
The Hong Kong Monetary Authority (HKMA) has said that it has the capability, resources and determination to safeguard Hong Kong's monetary and financial stability.
The ongoing COVID-19 pandemic is likely to postpone the start of trading of the African Continental Free Trade Area (AfCFTA) which was slated to begin on July 1, an official said on Friday.
U.S. personal consumption expenditures (PCE) nosedived 13.6 percent in April month-on-month amid widespread shutdowns triggered by the COVID-19 outbreak, the U.S. Commerce Department reported on Friday.
A State Council executive meeting on Friday stressed the implementation of policies and work to reach the economic and social development goals for 2020.
AliExpress, a global online retail marketplace and part of Alibaba Group, announced on Thursday that it will empower over 100,000 content creators and influencers worldwide to bring new jobs and help them generate incomes to recover from the global economic downturn caused by COVID-19.
Shanghai-based Trip.com Group Limited, a leading online travel agency in China, reported 1.5 billion yuan (about 211 million U.S. dollars) loss from operations in the first quarter of this year due to the impact of COVID-19.
Such an initiative can facilitate a win-win result for economic revival and long-term, high-quality green development, said Wang Yi, a member of the NPC Standing Committee and the NPC Committee of Environmental Protection and Resources Conservation.
The National Exhibition and Convention Center (Shanghai), host venue for the China International Import Expo in Shanghai.He noted that 80 percent of the exhibitions slated for the first half of the year will be moved to July and August.
China's central bank on Friday continued to pump cash into the financial system via reverse repos to maintain liquidity in the market.
Suning plans to add 30,000 jobs this year and has invested in several big-ticket projects since the beginning of the year, such as the ones in East China's Jiangsu and Anhui provinces, Zhang said.
Though the COVID-19 outbreak has led to delays in bilateral negotiations, major progress on the China-Norway free trade agreement is expected to be made this year, a senior Norwegian official said.
China's top economic planner said Thursday that it would keep domestic gasoline and diesel prices unchanged as the international crude prices are still lower than the "floor rates."
People are seen at their desks at the headquarters of Chinese online group discounter Pinduoduo in Shanghai, on July 25, 2018.The fortune of top 25 billionaires increased $255 billion from two months ago when the US stock market hit the bottom on March 23 due to the COVID-19 pandemic, business magazine Forbes said.
China will introduce 11 financial reform measures in the near future, the office of financial stability and development committee under the State Council announced Wednesday.
Chinese tech giant Huawei on Thursday expressed disappointment at a Canadian judge's ruling on the case against Meng Wanzhou, the company's chief financial officer.
Huawei Technologies Co expressed disappointment over a Canadian court's ruling over its chief financial officer Meng Wanzhou, and the company said it will continue to stand with Meng in her pursuit of justice and freedom.