Regulators ‘need to prevent financial risks more proactively and effectively’

China’s financial landscape in November witnessed a significant acceleration in money supply growth and yuan-denominated lending, signalling a concerted effort to bolster economic expansion. This surge, however, was accompanied by…

Taiwan Digital Policy Roadmap: Business Committee Urges Strategic Reforms to Bolster AI Infrastructure and Creative Economy Soft Power

The Committee on Digital Economy and Media has formally signaled its appreciation for the Taiwan government’s ongoing commitment to high-level policy priorities, including the "Smart Nation 2.0" strategy, artificial intelligence…

Asian Development Bank Commits $6.17 Billion to China’s Sustainable Development, Pivoting Towards Environmental and Social Projects

The Asian Development Bank (ADB) has unveiled an ambitious plan to invest a total of $6.17 billion in 31 projects across China from 2018 to 2020, signaling a significant strategic…

China Poly Group Corp Accelerates Global Expansion Amidst Shifting Economic Landscapes

Beijing-headquartered conglomerate China Poly Group Corp has unveiled an ambitious and multifaceted strategy to significantly expand its international footprint, committing to continuous business promotion across both developing and developed nations.…

Hainan Airlines Intensifies Pursuit of Key Shanghai-US Routes Amidst Robust Trans-Pacific Growth

Hainan Airlines, China’s largest private air carrier, is aggressively pursuing an expansion of its direct flight network between China and the United States, targeting critical flying rights for services connecting…

China’s Automotive Market Experiences Significant Slowdown as Policy Shifts and NEV Growth Reshape Landscape

The automotive market in China, the world’s largest, demonstrated a marked deceleration in growth during November 2017, with overall vehicle sales posting a meager 0.7 percent year-on-year increase to 2.96…

China’s Industrial Overhaul: Capacity Cuts Exceed Targets in Coal and Steel, Reshaping Global Markets

China is on track to achieve its ambitious goal of reducing coal capacity by 500 million metric tons well ahead of the originally planned three to five-year target, a testament…

BAIC Group Accelerates Transition to New Energy Vehicles, Phasing Out Conventional Fuel Cars by 2025

Beijing Automotive Group Co (BAIC Group), one of China’s leading state-owned automotive manufacturers, has unveiled an ambitious strategy to entirely phase out the production and sale of conventional fuel-powered vehicles…

China Reclaims Global Shipbuilding Leadership, Surpassing South Korea Amid Strategic Shift Towards High-Value and Green Technologies

China’s shipbuilding industry has achieved a significant milestone, ascending to the top position globally in terms of new orders received over the first eleven months of the year, effectively surpassing…

World’s Largest Floating Photovoltaic Power Station Begins Operations in Anhui, Marking a Milestone in Renewable Energy Development

The world’s largest floating photovoltaic (PV) power station has commenced operations in Anhui province, China, with a significant portion of its capacity connected to the national grid and beginning to…