Finance


First foreign-owned insurance firm

CHINA’S first foreign-owned insurance company was unveiled in Shanghai yesterday, another in the country’s efforts to further open its financial market. Allianz (China) Insurance Holding Co has a registered ...

January 17, 2020, Friday


Consumer trust remains positive

Shanghai’s consumer and investor confidence retreated slightly in the fourth quarter of 2019, but still remained in positive territory, according to a survey released yesterday....

January 7, 2020, Tuesday


Benchmark lending rates

CHINA will adjust interest rate benchmark for outstanding floating rate loans based on loan prime rate in 2020, The People’s Bank of China announced on Saturday. Financial institutions and their clients ...

December 30, 2019, Monday


Tariffs revised on some products

CHINA will adjust import tariffs for a range of products starting January 1, 2020 to promote high-quality development of trade, the Customs Tariff Commission of the State Council said yesterday. Approved ...

December 24, 2019, Tuesday


Coal town speeds ahead with motor sports activity

Fuxin, once known for its rich coal resources, is putting the pedal to the metal in developing its motor racing industry as the resource-depleted city seeks to build new economic pillars....

December 23, 2019, Monday


Measures to ensure holiday hog supply

China will take measures to ensure stable pork supply for the upcoming New Year and Spring Festival holidays, the country’s top economic planner said yesterday....

December 18, 2019, Wednesday


Online sales top US$7.4b

THIS year’s Black Friday was the biggest ever for online sales, as fewer people hit the stores and shoppers rang up US$7.4 billion in transactions from their phones, computers and tablets. That’s just ...

December 2, 2019, Monday


Shanghai acts to lure MNCs to set up HQs, centers

Shanghai yesterday awarded certificates to 25 regional headquarters and 11 research and development centers of 35 transnational enterprises....

November 21, 2019, Thursday


More public data to be disclosed

Shanghai will throw open more public data this year as the city aims to speed up smart city construction, government officials said yesterday....

November 20, 2019, Wednesday


China takes measures to stabilize pork prices

China has taken various measures to ensure pork supply and stabilize pork prices, an official said yesterday....

November 15, 2019, Friday




 

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