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 Friday Special丨China embraces “hottest” summer travel season

CBN Friday Special丨China embraces “hottest” summer travel season

As China braces for the most scorching summer since 2016, the country’s tourism market is also heating up in step and on track to comprehensively exceed that of 2019.  Airports and train stations nati...

17 Juli 202310min

CBN丨China Premier met major platform companies, vows more support

CBN丨China Premier met major platform companies, vows more support

Chinese tech stocks are rallying after top government officials indicated a shift from reining in the companies’ influence to helping them grow and strengthen China’s position on the world stage.   ht...

14 Juli 202310min

CBN丨China’s credit expansion beats market expectations

CBN丨China’s credit expansion beats market expectations

China reported stronger-than-expected credit expansion in June after the People's Bank of China cut policy benchmarks for interest rates last month.   https://m.21jingji.com/article/20230712/herald/fe...

13 Juli 20239min

CBN丨China to extend policies to support property market

CBN丨China to extend policies to support property market

China's top financial regulators announced on July 11 that financial support measures for qualified real estate developers, taken in November 2020, will be extended through the end of 2024, in order t...

12 Juli 20239min

CBN丨China unveils first private investment fund regulation

CBN丨China unveils first private investment fund regulation

China unveils first private investment fund regulation, while public fund manager fees are set to be lowered.   https://m.21jingji.com/article/20230710/herald/4a50272a4625b2de6bdc19df4d1e4f56.html

11 Juli 202310min

CBN丨Key digital economy event underlines digital empowerment in real economy

CBN丨Key digital economy event underlines digital empowerment in real economy

The revenue of China's digital economy reached 50.2 trillion yuan in 2022, ranking second in the world and equivalent to 41.5% of the country's GDP.   https://m.21jingji.com/article/20230706/herald/1d...

7 Juli 20238min

CBN丨China NEV sales for June expected to hit historic high

CBN丨China NEV sales for June expected to hit historic high

China Passenger Car Association (CPCA) predicts that the country's wholesale volume of new-energy vehicles (NEVs) from January to June 2023 could reach 3.53 million, representing a 44% year-on-year in...

7 Juli 202310min

CBN丨China’s GDP expected to grow 5.4% in 2023: BOC report

CBN丨China’s GDP expected to grow 5.4% in 2023: BOC report

China's GDP is expected to grow 5.4 percent in 2023, according to a report by the Bank of China Research Institute released on Monday. The global services sector recovered steadily in the second quart...

5 Juli 20238min

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