China Business Now

CBN丨China to upgrade the FTA deal with New Zealand

An upgraded version of China’s free trade agreement with New Zealand will enter into force on April 7, paving the way for further economic and trade cooperation between the two nations. 

 

https://m.21jingji.com/article/20220216/herald/21dd77d5b630e2d9b54017a4af29761c.html

CBN丨China to strengthen oversight of ride-hailing industry

Chinese online ride-hailing platforms that have incurred serious violations and refuse to rectify their actions could be ordered to suspend operation or remove their apps from app stores, the notice said. They may also be ordered to stop providing their service and could be banned from the internet, among a series of penalties. 

 

https://m.21jingji.com/article/20220215/herald/6c157e0011d24ff347987a6ed91fc06a.html

CBN丨China’s central bank to keep liquidity ample

China's central bank would keep liquidity reasonably ample and step up financing support for key sectors.

 

https://m.21jingji.com/article/20220214/herald/0b4f384471c34f8437dde96f26b2d3a7.html

CBN Friday Special丨Panda-mania: What’s behind the global frenzy of Bing Dwen Dwen?

Since Beijing 2022 officially opened, the hashtag “Bing Dwen Dwen” has been trending on Twitter with a panda-shaped emoji customised for the mascot. People from around the world are longing to get its figurine, as some resellers price “Bing Dwen Dwen” for more than 10 times of the original price overseas.

 

https://m.21jingji.com/article/20220212/herald/635dd88cf3b784327dd5e1fca5dfba92.html

CBN丨E-CNY, a trending payment fashion in Beijing 2022 Olympics

China's digital currency, the e-CNY, has shown more charm thanks to 400,000 eye-catching application scenarios and multiple trail activities at the ongoing Beijing 2022 Winter Olympic Games, which analysts say paves the way for a further large-scale national rollout and cross-border application.  

 

https://m.21jingji.com/article/20220211/herald/99dee57213f6d530360039892bf191e2.html

CBN丨Chinese education ministry puts “double reduction” on top of 2022 work plan

Chinese top education authority pledged to give priority in pushing forward “double-reduction”, as China enters the vital phase of implementing the policies, which were released last year to alleviate the pressure of primary and middle school students.

 

https://m.21jingji.com/article/20220209/herald/90bd9af0ef6b6337b9e2851088a21ce5.html

CBN丨China aims to build world-class steel conglomerates to gain global edge

Chinese authorities released a guideline encouraging domestic steel mills to consolidate through mergers and acquisitions (M&As) to create world-class steel giants and accelerate the sector's high-quality development.By relying on the dominant enterprises in the industry, one or two pilot enterprises in the fields of stainless steel, special steel, seamless steel pipe and other special items are expected to be cultivated. 

 

https://m.21jingji.com/article/20220208/herald/5e17cc7b5536ed5a6cb8739d530819e5.html

CBN丨Bing Dwen Dwen is on fire: Beijing 2022 Games merchandise sales surge

Hundreds of people were seen lining up for hours in the cold to get the panda-featuring mascot souvenirs and sales surge for clothes appearing at the opening ceremony. Bing Dwen Dwen, the Games' official mascot, has become an insanely popular star not only at the Games but almost in every corner of the world with its fluffy and lovable image. 

 

https://m.21jingji.com/article/20220207/herald/39eda534b67cebccf4f5b66bfe4bf24a.html

CBN丨China’s yuan hits 4-year high amid strong trade surpluses

China's yuan jumped to a four-year high, guided by the country’s rising fiscal surplus last year and the heavy corporate demand ahead of the Lunar New Year holiday.

 

https://m.21jingji.com/article/20220126/herald/491acba15e8b8e39af9679e0ec1e2a89.html

CBN丨A month in lockdown ends: Xi’an clears all high, medium-risk areas

After month-long lockdown due to a COVID-19 outbreak, all high and medium-risk areas in the northwestern Chinese city of Xi'an had been cleared as of Monday.  Factories, scenic spots resume work after a month in lockdown.

 

https://m.21jingji.com/article/20220124/herald/126fcd7fe056c92e4b2ca975c70397b7.html