China's central bank says it will establish a credit market department.

China's luxury market is expected to grow at mid-single-digit in 2024 following an overall rebound last year, while Chinese luxury consumption is expected to reach 35-40 percent of the world's total by 2030, according to a report released by global management consulting firm Bain & Company on Thursday. In 2023, China's luxury market saw a […]

China posted a GDP growth of 5.2 percent for 2023 on Wednesday, successfully meeting last year's annual target and in line with market forecast.  The world's second-largest economy is now at 126 trillion yuan ($17.67 trillion) and an official with the National Bureau of Statistics (NBS) projected that China was the world's largest growth engine […]

The topic of "giant pandas returning to the US" has become a hot issue in American public opinion in 2024. China's relevant statements have received high attention and enthusiastic interpretations. Several cities in the US, such as San Francisco, San Diego and Washington, have shown efforts and actions to attract giant pandas. The fondness of […]

The Beijing Stock Exchange's corporate and enterprise bond market officially commenced trading at 9:30 am Monday. It holds significant importance in enhancing the functions of the exchange, expanding its direct financing channels, and reinforcing its capability to serve the real economy.

Ten people were killed and six remain missing as of press time following a coal mine accident that occurred on Friday in Pingdingshan city, located in Central China's Henan Province. The top provincial leader has issued instructions, requiring all efforts to be made in carrying out the search and rescue of the missing persons. The […]

China’s latest demographic statistics show that the phenomenon of marrying later has spread from urban areas to rural areas, with unmarried rate among young people aged 30 in cities reaching 30.7 percent and the unmarried rate of rural young people aged between 20 and 34 reaching 19.3 percent. Experts attributed this phenomenon to multiple reasons […]

At the ping-pong table, US player Margaux Reppert asked her Chinese partner Liu Wanying about receiving skills before their doubles match began. Liu answered Reppert’s questions in detail and gave her encouragement. The two 20-year-olds had relaxed and friendly smiles on their faces. It’s hard to imagine that they had only met the night before. […]

The Hong Kong Special Administrative Region (HKSAR) will seek further support from the central government for expanding the scale of data coming to the city, which will drive the development of the city's artificial intelligence (AI), big data and healthcare sectors, and enhance the city's appeal for tech firms, Hong Kong Financial Secretary Paul Chan […]

Cities in Northeast China see a robust growth in tourism revenue in early 2024, with the industry recovering to the 2019 level, injecting new impetus for the economic development of the region, Chinese experts said. The flourishing tourism is reflected on the stock market, with many travel companies such as Dalian Sunasia Tourism Co and […]