China Business Now

CBN丨China’s economy on recovery path, but challenges remain

China's economy continued the recovery trend but it still faces challenges and pressures from weak demand and a complicated international environment. The July industrial output and retail sales growth slowed.

 

https://m.21jingji.com/article/20230815/herald/adf274ae777b6233083c2ee3d6ee2363.html

CBN丨China issues 24-point guideline to optimize foreign investment

China has issued 24 new guidelines to attract more global capital and further optimize the country's business environment for multinational corporations.

 

https://m.21jingji.com/article/20230814/herald/da3e6e629c6b7414ee215c88f9653a4f.html

CBN Friday Special丨What do TFBoys or Taylor Swift mean for economy?

The “Taylornomics” even caught curious attentions from the US Federal Reserve, the country’s central bank, as the American pop icon Taylor Swift’s 20-city Eras Tour is on track to become the biggest in concert history, potentially grossing $1 billion. It’s filling football stadiums that hold more than 70,000 people, and Swift is often staying in town for several days, giving  local businesses time to soak up the money.

 

https://m.21jingji.com/article/20230811/herald/5e17f6bd731a3af65200983b899a8048.html

CBN丨China lifts bans on group tours of another 78 countries

China lifted a ban on group travel to more than 70 locations, including top travel destinations such as Japan, South Korea Australia, US and the UK, in a major relaxation of travel restrictions that’s set to boost the global tourism market. 

 

https://m.21jingji.com/article/20230810/herald/823ffac462a3067151157bfb25ceb83e.html

CBN丨China’s consumer prices drop for first time in over 2 years

China's consumer prices fell for the first time in more than two years in July, while the country's factory-gate price index declined at a slower rate.

 

https://m.21jingji.com/article/20230809/herald/5c6ea45f7fdcd5f4ebe3ff5e695c70c7.html

CBN丨China’s foreign trade up 0.4% in Jan-July period

China’s foreign trade from January to July edges up 0.4% year-on-year.

 

https://m.21jingji.com/article/20230808/herald/369a7c01d412265cf3bc46b98f0ae6b0.html

CBN丨Major Chinese cities continue to roll out property supportive measures

More Chinese cities are rolling out support measures and easing home purchase curbs as they follow through on the top leadership meeting held last month, which called for the optimization of property policies.

 

https://m.21jingji.com/article/20230807/herald/26b0210c25d9a9d1f07fc6923e7bb3d0.html

CBN Friday Special丨Coffee drinking culture in China brews battle in brands

A big part of the Chinese firm's appeal comes from discounts and convenient takeout experiences. Luckin Coffee launched promotional events in June to celebrate store anniversaries and issued weekly vouchers to offer coffee for just 9.9 yuan per cup. The events were welcomed better than expected and the firm decided to extend the campaign by at least two years to increase its market share.

https://m.21jingji.com/article/20230804/herald/7d80427283684f369ca7283f7d6c9522.html

CBN丨Chinese firms donate 370m yuan to disaster relief in Beijing, Hebei

A number of Chinese companies, including e-commerce giant Alibaba Group Holding and smartphone maker Xiaomi, have made donations of at least 370 million yuan and provided emergency aid services for disaster relief in regions including Beijing, North China's Hebei Province and East China's Fujian Province that were recently hit by a devastating typhoon Doksuri and torrential rainfall.

 

https://m.21jingji.com/article/20230803/herald/e9d0d33786fc8c5d6a94530f5edbc553.html

CBN丨China’s central bank supports lowering interest rates for individual housing loans

China's central bank expressed its support for lowering interest rates and down payment ratios for individual housing loans.

 

https://m.21jingji.com/article/20230802/herald/6d131ab3d0aad273d5db05b04f248987.html