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China's moves to further ease foreign investment policies will open doors in some monopoly sectors this year while prohibiting local governments from curbing foreign companies, experts said.
The Xinjiang Uygur autonomous region will continue to tighten security in border areas to prevent terrorists from entering or leaving the region illegally in 2017, the chairman of the region said.
Analysts nevertheless divided over wisdom of stimulus
Compared with the state sector, China's private businesses are vulnerable in terms of property rights, but that may change as new policy expands the safety net.
Shanghai and Tianjin unexpectedly raised down payment requirements for home buyers on Nov. 28 evening, believed as a continuation of previous round of regulations. These new policies signal great significance. Beijing, Shanghai and Shenzhen’s moves in raising credit threshold might mean that credit policies will be widely tightened up.
China's central bank will allow qualified international employees working in China (Shanghai) Pilot Free Trade Zone to open overseas personal free trade accounts, as part of a series of reforms encouraging innovation and cross-border investment.
China's local economies are showing resilience as the country attempts a transformation to more quality growth.
China's economy has achieved steady growth of 6.7 percent for three consecutive quarters, leading many analysts to suspect that there has been a bit of untoward data smoothing.
Heads of impoverished counties in China will not be promoted or transferred to other posts unless the counties shake off poverty, according to an official statement released on Monday.
Chinese local governments embraced a new approach to support state-owned enterprises (SOEs) facing financial difficulties, with market-oriented moves more likely than direct fiscal support, Moody's Investors Service said on Wednesday.