RIGHT BG
Cuba is bent on attracting more Chinese visitors by promoting destinations that appeal to multifaceted travelers, said a Cuban official from the tourism ministry.
East China's Zhejiang Province, an economic powerhouse renowned for its thriving private sector, has adopted the first provincial-level regulation in the country on promoting the private economy.
Hong Kong's economic growth will rebound slightly to 1 percent in 2020, as improvement in the external environment could benefit the city's economy, credit rating agency Fitch Ratings said on Wednesday.
The United States has threatened the United Kingdom with retaliatory tariffs on car companies if the British government forges ahead with plans for its digital sales tax on U.S. tech giants.
Vice-Premier Han Zheng pledged on Tuesday that China will continue to defend globalization and open wider to the outside world despite the challenges posed by unilateralism and protectionism.
Regulations will be expanded to cover nearly all types of financial services in China this year, ranging from large financial holding groups to financial infrastructure and online financial activities.
The outlook for China's A-share market remains positive for the year ahead, despite uncertainty surrounding the new coronavirus outbreak causing market instability in the short term, analysts said.
Chinese textile companies have been actively exploring and expanding into the U.S. market through more innovation, upgraded services and bigger global footprints, according to industry insiders.
China's local governments issued more bonds in 2019 than in 2018, official data showed Tuesday.
The quality of China's economic growth further improved last year, as the industrial structure continued to upgrade with high-technology manufacturing industries being a strong driver, the nation's top industry regulator said on Monday.
With the help of China CITIC Bank Corp Ltd, the Xinfadi Agricultural Products Wholesale Market in Beijing imported 60 metric tons of beef from Kazakhstan and will conduct a large volume of trade business with the Central Asian country in the long run.
The Chinese economy is in a good position for future growth as the country is making headway in further reform and opening-up at an appropriate pace, a senior U.S. economist has said.
Data from the National Bureau of Statistics showed the per capita disposable income last year in 10 province-level administrative regions of China surpassed 30,000 yuan ($4,347.32).
China may soon enforce the revised rules for qualified institutional investor programs and allow foreign access to almost all major financial assets, leveling the playing field for domestic and foreign institutional investors.
China's central bank launched a new system on Sunday to better disclose the credit records of both individuals and enterprises, which will provide more details of a person's credit status in a better format, including co-borrowing and loan repayment records.
The International Monetary Fund projected global growth to expand in the coming years due to good news on the United States-China trade front, Brexit and monetary policy.
China will remain a hot spot for global investment in the long term despite souring global economic conditions, a senior commerce official said on Tuesday.
The metropolis reported 3.82 trillion yuan ($553 billion) worth of economic output in 2019, up 6 percent year-on-year.
Chinese Vice Premier Han Zheng said in Davos on Tuesday that the fundamental solution to problems in economic globalization lies in building an inclusive and open world economy together.
The World Economic Forum (WEF) annual meeting opened in Davos Tuesday with a focus on renewing the concept of stakeholder capitalism to overcome income inequality, societal division and the climate crisis.
Foreign trade in southwest China's Tibet Autonomous Region increased by 2.6 percent to 4.87 billion yuan (708 million U.S. dollars) in 2019, a customs official said Tuesday.
China's economy has shown positive changes in production, consumption, market expectations and prices, indicating that the world's second-largest economy is stable and resilient in the face of headwinds and is laying a solid foundation to counter downward pressure, officials and experts said.
China's economic model has been proven to be effective in spurring economic growth and social development, and Latin America should follow the model, according to the head of Latin America Economic Research at Moody's Analytics.
China's Hong Kong Special Administrative Region (HKSAR) government said on early Tuesday that it strongly disagrees with Moody's latest decision to downgrade Hong Kong's credit rating.
Chinese monetary authorities have left interest rates unchanged, despite market calls, to maintain stable lending prices before the Lunar New Year holiday and ensure ample liquidity in the interbank system.
Encouraging economic data for December will cement the potential uptrend of China's A-share market in 2020, as a confirmed picture of economic stability has bolstered expectations of a recovery in corporate earnings growth, analysts said.
China is showing the highest levels of confidence among major economies, with 45 percent of CEOs saying that they are very confident of growing revenues in 2020.
China remained the world's second largest recipient of foreign direct investment (FDI) in 2019, by attracting 140 billion U.S. dollars, a United Nations report said on Monday.
The International Monetary Fund (IMF) cut global growth projections on Monday, citing negative surprises in a few emerging markets, notably in India, and increased social unrest, but added that "global growth may be bottoming out."
Export orders to companies in Taiwan declined 5.3 percent from 2018 to 484.56 billion U.S. dollars last year, according to the island's economic affairs department Monday.
