China Business Now

CBN丨1.5 trillion yuan VAT refund: China to start large-scale tax rebate to keep economic stability

China will implement value-added tax (VAT) credit refund on a large scale to provide strong underpinnings for keeping the operations of market entities stable and maintaining job security, as part of effort to sustain stable macroeconomic performance.

 

https://m.21jingji.com/article/20220322/herald/ffeb458d03d23db21ec3698baee706c9.html

CBN丨Back in full gear: South China’s manufacturing hubs resume operations

After a week in “slow-motion”, South China’s manufacturing hubs Shenzhen and Dongguan resume normal work and productions from Monday to stabilise supply chains amid the latest pandemic resurgence.

 

https://m.21jingji.com/article/20220321/herald/f0135db741fb55309de03614ee149b10.html

CBN Friday Special丨315 Gala: Show highlighted internet security and food safety problems

During the annual gala of China Media Group to mark World Consumer Rights Day, an event that aims to raise awareness about consumer rights and needs, an exposure by the State broadcaster revealed compromised food safety practices.

 

https://m.21jingji.com/article/20220318/herald/6e6f6504aeb29795e024cd2fddfba014.html

CBN丨Chinese stocks rallied after State Council committee vowed to stabilise economy & capital market

China's finance ministry has decided that there are no suitable conditions this year to expand the country's list of pilot cities for real estate tax reform after various aspects were taken into consideration.

 

https://m.21jingji.com/article/20220317/herald/14c8487e74d141ca9cd7816eff08a1d0.html

CBN丨PBOC keeps MLF loan rate steady, yet hopes of rate cuts persist

The People's Bank of China bucked market expectations for a rate cut, injecting a net 100 billion yuan of fresh funds via renewed medium-term lending facility loans at the rate same as the previous operation.

 

https://m.21jingji.com/article/20220316/herald/fac1f6dc35754f19fc9a6d6e89f688d3.html

CBN丨Economic indicators in first two months above expectations, but multiple challenges still exist

January-February readings for China's major economic indicators came in better than expected, despite headwinds amid the challenging external environment and COVID-19 cases at home, the National Bureau of Statistics said.

 

https://m.21jingji.com/article/20220315/herald/eb4eb2041e29e712acf8dfe1cd199ef8.html

CBN丨Chinese Premier sent note of confidence in economic growth despite pandemic, global instability

Chinese Premier Li Keqiang elaborated on what the government of the second largest economy is going to offer this year in its policy toolbox to maintain the country's status as the world economic locomotive. 

 

https://m.21jingji.com/article/20220314/herald/54fb35296ddd5c57dc6f830916201177.html

CBN丨“Ministers’ Corridor”: Key policies on science & technology, finance in 2022

Policies implementation is high on this year’s priorities of science and technology work in China; Finance Minister said China’s tax refunds and cuts will reach a new high in 2022.

 

https://m.21jingji.com/article/20220310/herald/6a155781bb75fc3476d7466ac09c3a79.html

CBN丨China promotes cooperation, dialogue as global uncertainties ascend

Chinese Foreign Minister Wang Yi briefed media on China's foreign policy and diplomatic relations. Responding to China's relationship with Russia, Wang said the two countries will maintain strategic focus and keep deepening China-Russia comprehensive strategic partnership of coordination for a new era. He noted that the China-Russia relationship is grounded in a clear logic of history and driven by strong internal dynamics, and the friendship between the Chinese and Russian peoples is rock-solid.

 

https://m.21jingji.com/article/20220308/herald/9fee6df492eeb9dea9e5b820adc37240.html

CBN丨Two Sessions 2022：China sets GDP growth target at 5.5%

China has set its economic growth target at around 5.5 percent in 2022 as the country's national lawmakers and political advisors gathered in Beijing to map out development priorities for this year.

 

https://m.21jingji.com/article/20220307/herald/d1176644b09837f536740790e82a852d.html