Production resumption on track in E China

In Xiamen city, a coastal business hub in east China's Fujian province, lots of Japanese-funded enterprises have resumed operation amid the novel coronavirus outbreak.

Chinese state councilor: COVID-19 impact not to reverse growth of China's economy

Chinese State Councilor and Foreign Minister Wang Yi said on Thursday that the limited and short-term impact from the novel coronavirus (COVID-19) outbreak will not reverse the growth of China's economy.

Costco to open 2nd store in Shanghai

U.S. retail giant Costco on Wednesday confirmed a plan to open a second store in Shanghai.

"Homebody economy" gains steam amid epidemic

As people are suggested to stay at home amid the novel coronavirus epidemic in China, the "homebody economy" is reaching a wider population across the country.

Chinese fimrs take lead in kicking off 2020 US IPO market

Three Chinese companies started trading on the U.S. stock market this week, among the forerunners in kicking off the 2020 U.S. IPO market.

UN: Global Economy Likely to Grow 2.5 PCT in 2020

The United Nations has predicted that the global economy will likely grow 2.5 percent this year, but a flareup of trade tensions, financial turmoil, or an escalation of geopolitical tensions could derail a recovery.

China's spring festival travel getting easier

China's Spring Festival travel season kicked off on January 10 this year, much earlier than usual.

China's foreign trade up 3.4 PCT in 2019

Chinese pears first exported to Brazil

A total of 32.4 tonnes of fresh pears were sent from north China's Hebei Province to Brazil, the first batch exported to the largest consumption market of pears in Latin America.

China economic news

The Ministry of Industry and Information Technology (MIIT) showed that China's annual amount of tax and fee cuts in 2019 is expected to total 2.36 trillion yuan, or about 340 billion U.S. dollars.