China Business Now

China Business Now

Welcome to China Business Now, a 3-minute digest of what happened in China’s business sector, presented by 21st Century Business Herald.

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CBN丨China’s manufacturing PMI improves in August

CBN丨China’s manufacturing PMI improves in August

China's official manufacturing purchasing managers' index (PMI) continued to improve in August, marking the third consecutive monthly increase though the index remains in contraction.   https://m.21ji...

1 Sep 202315min

CBN丨Chinese banks to cut existing mortgage rates

CBN丨Chinese banks to cut existing mortgage rates

China's State Council has released a plan to boost the high-quality development of a sci-tech innovation cooperation zone jointly developed by the southern tech hub Shenzhen and the Hong Kong SAR. The...

31 Aug 202317min

CBN丨China, US commerce authorities to establish new working group

CBN丨China, US commerce authorities to establish new working group

China and US agreed to form a working group, which will comprise deputy ministerial and bureau-level government officials from both countries alongside business representatives, to seek solutions to s...

30 Aug 202313min

CBN丨China halves stamp duty on stock trades

CBN丨China halves stamp duty on stock trades

China halved the stamp duty on stock trading effective Monday for the first time since 2008, in the latest attempt to boost the struggling market in the world's second-biggest economy.   https://m.21j...

29 Aug 202312min

CBN Friday Special丨Qixi Festival: What’s behind the newfound popularity of Chinese Valentine’s Day?

CBN Friday Special丨Qixi Festival: What’s behind the newfound popularity of Chinese Valentine’s Day?

Similar to Valentine's Day in Western culture, Qixi Festival has become a commercialized occasion with the exchange of gifts, flowers, chocolates, and romantic gestures. Qixi-themed set meals saw a 11...

28 Aug 20238min

CBN丨China imposes import suspension on Japanese aquatic products

CBN丨China imposes import suspension on Japanese aquatic products

China will suspend the import of aquatic products, including edible aquatic animals, originating from Japan starting from August 24.  The head of the  General Administration of Customs bureau of impor...

28 Aug 202312min

CBN丨China released preferential tax policies for investors

CBN丨China released preferential tax policies for investors

China on August 22 introduced a number of preferential tax and fee policies as part of the nation's broader efforts to boost capital market vitality and expand opening-up. The policies are aimed at pr...

28 Aug 202312min

CBN丨Chinese fund managers put 850 million yuan in own funds

CBN丨Chinese fund managers put 850 million yuan in own funds

China’s largest mutual fund houses promised to buy their own equity-focused products to bolster market confidence, on bets the dip-buying strategy will help them ride out the uncertainty prevailing on...

28 Aug 202311min

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