State Council

New Business

Wary of ‘vicious’ events, China makes migrant worker arrears a priority

As the year winds down, Beijing is stepping up efforts to tackle delayed payments for migrant workers and protect the…

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New Business

Is China’s barter trade experiment working as sanctions risk grows?

They can also reduce the visibility that Western regulators have over their bilateral transactions, while also limiting currency risks. In…

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New Business

China to ‘vigorously, orderly’ expand sales of finished homes in property-sector overhaul

Following a critical report this week about “disappointing progress” three months into Beijing’s plan to buy unsold homes and prop…

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New Business

China’s tech hub Shenzhen prime for property tax trial at ‘critical moment’: top adviser

China should consider expanding its property tax trial to Shenzhen and some low-tier cities, said a senior government adviser, a…

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New Business

As China’s consumption picture changes, think tank argues, so must its policies

China’s policymakers must assess and accommodate a dramatic shift in consumption patterns to effectively incentivise spending – a task that…

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New Business

China puts private sector policy on the front burner after July data disappoints

“Boosting consumption is the key. We must adopt targeted measures to smooth economic circulation.” Plenary meetings are often convened to…

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New Business

Youth unemployment on the rise in China as more graduates enter the labour market

Under the previous approach, the jobless rate for the 16-24 age group, including students, peaked at 21.3 per cent in…

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New Business

China’s C919 waiting in the wings as Shanghai announces plane replacement plan

China’s largest aviation hub has announced plans to expedite the renewal of its airlines’ fleets to spur economic recovery, encouraging…

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Tech

Shenzhen launches ‘one-stop shop’ to help foreign talent work at Hetao cooperation zone

The Shenzhen side of a joint cooperation zone on the border of Hong Kong and the southern tech hub has…

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New Business

China’s consumption drive falls on deaf ears as consumers remain cautious, ask for more

China has also allocated around 300 billion yuan (US$42 billion) worth of ultra-long-term special government bonds to support industrial-equipment upgrades…

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