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 cuts 1-year lending rate, keeps 5-year unchanged

CBN丨China cuts 1-year lending rate, keeps 5-year unchanged

China cut its one-year benchmark lending rate on August 21 as authorities seek to ramp up efforts to stimulate credit demand, but kept the five-year rate unchanged.   https://m.21jingji.com/article/20...

28 Aug 202310min

CBN Friday Special丨Turn on the “fun night mode”: Creative models heat up China’s night economy

CBN Friday Special丨Turn on the “fun night mode”: Creative models heat up China’s night economy

More and more businesses are racing to tap into the new fashion of spendings, as young consumers show continued demand for late-night consumption in China. The nighttime economy has emerged as a new d...

28 Aug 202311min

CBN丨China will work to achieve growth targets: Chinese Premier

CBN丨China will work to achieve growth targets: Chinese Premier

China will strengthen the coordination of various policies to boost growth and meet this year's economic target. Chaired by Chinese Premier Li Qiang, the plenary meeting of the State Council emphasize...

28 Aug 202312min

CBN丨China’s home prices down further in July

CBN丨China’s home prices down further in July

China home prices dropped for a second month in July, a further sign of the deepening property downturn that’s weighing on the world’s second-largest economy.   https://m.21jingji.com/article/20230816...

28 Aug 202313min

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

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 growt...

28 Aug 202311min

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

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/hera...

28 Aug 202310min

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

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 i...

28 Aug 202313min

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

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...

11 Aug 202310min

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