Category: Economy
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Unlock New Global Services Cooperation Dividends: 2026 CIFTIS Kicks Off in September, Over 70 Global Economies Gather at Beijing
Read more: Unlock New Global Services Cooperation Dividends: 2026 CIFTIS Kicks Off in September, Over 70 Global Economies Gather at BeijingThe 2026 China International Fair for Trade in Services (CIFTIS), co-hosted by the Ministry of Commerce of the People’s Republic of China and the People’s Government of Beijing Municipality, will officially run from September 9 to 13 at the permanent CIFTIS venue in Shougang Park, Beijing. Under the core theme of “Global Services, Shared Prosperity”,…
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Beijing Signals Policy Pivot with Rare Economic Commentary
Read more: Beijing Signals Policy Pivot with Rare Economic CommentaryA series of four signed articles under the pen name “Zhong Caiwen” suggests top-down coordination on fiscal stimulus, consumption support, and industrial investment discipline. Over the past week, China’s state media apparatus published four unusual signed commentaries under the collective pen name “Zhong Caiwen” — a moniker historically reserved for moments of high-level policy signaling.…
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Major Chinese Banks Roll Out Details on Consumer Loan Subsidy Expansion
Read more: Major Chinese Banks Roll Out Details on Consumer Loan Subsidy ExpansionAug 21, 2026 (InvestinChina.asia) – Several of China’s largest banks have moved swiftly to implement a newly expanded loan subsidy program, with Agricultural Bank of China and Bank of China raising the annual interest subsidy cap for consumer loans and credit card installments to 5,000 yuan ($684) per borrower, up from 3,000 yuan previously. The adjustments…
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China Expands Satellite IoT Commercial Trials With Second Private Firm Approval
Read more: China Expands Satellite IoT Commercial Trials With Second Private Firm ApprovalAug 21, 2026 (InvestinChina.asia) – China’s Ministry of Industry and Information Technology (MIIT) has granted approval to Zhejiang Space-time Daoyu Technology Co for a two-year commercial pilot of satellite-based Internet of Things (IoT) services, marking the second such authorization to a private company as Beijing accelerates the opening of the sector. The pilot, which runs…
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China’s Fiscal Revenue Rises 5.8% in First Seven Months on Strong Tax Collection
Read more: China’s Fiscal Revenue Rises 5.8% in First Seven Months on Strong Tax CollectionAug 21, 2026 (InvestinChina.asia) – China’s national fiscal revenue grew 5.8% year-on-year in the first seven months of 2026, driven by robust tax receipts, though land sales continued to weigh on local government finances, official data showed on Friday. The Ministry of Finance reported that general public budget revenue reached 14.37 trillion yuan ($1.97 trillion)…
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Shanghai Eases Homebuying Rules as Property Market Shows Signs of Strain
Read more: Shanghai Eases Homebuying Rules as Property Market Shows Signs of StrainAug 20, 2026 (InvestinChina.asia) – Shanghai unveiled a fresh package of property market easing measures on Thursday, cutting down payments and offering purchase subsidies in a bid to revive slowing housing demand in one of China’s most resilient real estate markets. The new policies, which include lowering the minimum down payment for a second home to…
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Shanghai Unveils Ambitious 2026-2030 Blueprint for Urban Renewal and Housing
Read more: Shanghai Unveils Ambitious 2026-2030 Blueprint for Urban Renewal and HousingAug 20, 2026 (InvestinChina.asia) – Shanghai on Thursday released its comprehensive urban renewal and housing development plan for the 2026-2030 period, setting ambitious targets to transform the megacity and establish a more sustainable financing framework for its ambitious redevelopment agenda. The plan, published by the municipal government, outlines a vision to build a “modern people’s…
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China Hits Back at US Drone Tariffs and EU Probes, Calling Them Protectionist
Read more: China Hits Back at US Drone Tariffs and EU Probes, Calling Them ProtectionistAug 20, 2026 (InvestinChina.asia) – China on Thursday sharply criticized new US tariffs on Chinese drones and separate European Union probes into Chinese firms, accusing both of protectionism and vowing to take “necessary measures” to defend its companies. Ministry of Commerce spokesperson He Yadong told a regular press conference that Beijing “firmly opposes” the US…
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Beijing’s New Push for County-Level Consumption: 18 Measures Target Retail, EVs, Elderly Care and More
Read more: Beijing’s New Push for County-Level Consumption: 18 Measures Target Retail, EVs, Elderly Care and MoreNine ministries roll out 18 measures targeting China’s vast county markets, from streamlined business licensing and property conversion for elderly care to subsidies for EVs and smart appliances in rural areas. August 19, 2026 (InvestinChina.asia) – China’s Ministry of Commerce, together with eight other central government bodies, released a comprehensive policy package on Tuesday aimed at…
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China’s First Private Reusable Rocket Lands on Its Legs, Paving the Way for Low-Cost Satellite Mega-Constellations
Read more: China’s First Private Reusable Rocket Lands on Its Legs, Paving the Way for Low-Cost Satellite Mega-ConstellationsLandSpace’s reusable methane rocket becomes the country’s first privately built orbital-class vehicle to nail a first-stage landing, paving the way for cheaper, more frequent commercial missions. August 19, 2026 (InvestinChina.asia) – China’s private space industry reached a watershed moment today when the Zhuque-3 rocket lifted off from the Dongfeng Commercial Space Innovation Pilot Zone and its…