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Fiscal support for unfinished housing possible
May 30, 2024
There is scope for China's central government to scale up fiscal support for the delivery of unfinished housing to further address the property downturn — a key downside risk facing the economy, experts at the International Monetary Fund said on Wednesday.
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Chinese currency moves closer to fuller usage, internationalization
May 29, 2024
The renminbi has further emerged as an international currency, with widespread usage of the currency seen in cross-border trade settlements, yet the process still faces prominent challenges of trading partners' reluctance to accept the Chinese currency and policy complexity, a think tank said in a report.
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IMF: China's growth to stay 'resilient' at 5%
May 29, 2024
China's economic growth is projected to "remain resilient" at 5 percent this year, driven by its strong first-quarter data and recent policy measures, the International Monetary Fund said on Tuesday after its team concluded a visit to the country.
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Shaoxing releases economic data for first four months
May 31, 2024
Shaoxing unveiled its economic performance report for the first four months of the year, indicating a continued positive and steady economic momentum throughout the city.
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Shaoxing strengthens global ties at friendship cities conference
May 24, 2024
The 5th China Shaoxing International Friendship Cities Conference commenced on May 24, welcoming over 300 attendees from 21 countries.
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Expats experience intangible cultural heritage
May 24, 2024
Shaoxing's Shangyu district hosts an event for expats to experience local intangible cultural heritage items on May 24.
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Visa-free entry policy for foreign tourist groups on cruises
May 23, 2024
According to the National Immigration Administration, China enforced a policy allowing visa-free entry of foreign tourist groups aboard cruises via all cruise ports along the country's coastline.