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Nobel Laureate Economists Suggest China Tap Ordinary People’s Innovation
Michael Spence and Edmund Phelps say growth hinges on pivot from foreign trade to domestic demand
China Should Stop Housing Presale to Reduce Risks, Lawmaker Says
The presale system exposes homebuyers to considerable risk and, since the developers’ capital crisis of 2021, many were left making mortgage payments on housing they can’t occupy
Chart of the Day: China’s Plunging Long-Term Government Bond Yields
The yield on 30-year Chinese government bonds hit 2.46% on Thursday, while the 10-year yield dropped to 2.34%
In Depth: China’s Efforts to Unlock the Value of Data as an Asset
As companies and policymakers move to better leverage the value of information, key issues such as how to recognize and price it still need clarification
China to ‘Consolidate, Enhance’ Global Dominance in Smart Cars, Premier Says
In his maiden government work report to the NPC, Li Qiang cited the rising popularity of Chinese-made NEVs, which accounted for 60% of global electric vehicle output and sales in 2023
Hotpot Restaurant Chain Haidilao Serves Up a Franchise Model
Restaurant chain seeks rapid expansion through franchisees while keeping a tight control on food safety and quality control
Analysis: Why China Is Tackling Economic Headwinds With Asymmetric Interest Rate Policy
In an effort to reverse the property slump and counter other economic difficulties, the central bank has engineered a cut in the country's key mortgage reference rate while keeping short-term lending costs steady
China’s Key Move to Activate Growth Momentum
The start of the ‘Two Sessions’ once again puts the country’s economy in the spotlight as further comprehensive reforms are being planned
Stamp of Approval for Hong Kong’s Property Rescue Package
Property transactions will no longer be subject additional stamp duty, buyer’s stamp duty, and new residential stamp duty, a move both substantial and commendable
In Depth: China’s ‘Land Commissioner’ Proposes Reforms to the Land System to Aid Development
Economics professor suggests expanding urban access to rural collective land and removing restrictions on cross-provincial land quota transfers
In Depth: How Much Can Policy Lending Help Bolster China’s Economy?
The irregularly used program raised eyebrows after issuing a net 350 billion yuan in loans in December, the most since November 2022
Update: China Keeps GDP Growth Target at ‘Around 5%’ as Premier Warns of Challenges
The goal for 2024, unchanged from last year, was announced by Premier Li Qiang in his work report to the National People’s Congress
In Depth: Will Satellite Smartphones Take Off?
More brands follow Huawei, which features the revamped technology in its current flagship, creating bandwidth bottleneck concerns
Alibaba, Tencent Continue to Tear Down Walls Between Their Meeting Platforms
WeChat users can now join meetings on DingTalk without registering as blocks between platforms begin to disappear
Talent Cultivation in Remote Areas ‘Crucial’ to China’s Long-Term Growth
A deputy director of the country’s top advisory body emphasized fiscal support for underdeveloped areas and underprivileged groups
Is It Davos? No, It’s an Indian Billionaire’s Family Wedding
CEOs, billionaires and pop star Rihanna rubbed shoulders at a pre-wedding party for the youngest son of Reliance Industries Chairman Mukesh Ambani
Temu’s Push Into America Pays Off Big Time for Meta and Google
The e-commerce platform spent nearly $2 billion at Meta last year and was a top adverti-ser at Google
Has the Chinese Consumer Changed for Good?
Profound changes in financial capabilities and expectations for future income have shifted consumers’ attitudes, with emotional satisfaction becoming a more important factor
China and Thailand Go Visa Free
Caixin Biz Roundup: China Slashes Payment Barriers for Foreign Visitors
XPeng and Volkswagen plan to launch two midsize EVs in China in 2026, JD.com joins cloud computing price war after Alibaba rolls out steep discounts
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