China’s new energy vehicle sales surge 80% in November

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

China’s financial landscape in November witnessed a delicate yet strategic dance between stimulating economic growth and fortifying the bulwark against systemic risks, as both the money supply growth rate and…

ADB to back domestic projects

The Asian Development Bank (ADB) has unveiled an ambitious sovereign lending program for China, pledging approximately $6.17 billion across 31 projects from 2018 to 2020, with a significant allocation of…

China Poly Group Charts Ambitious Global Expansion Amidst Shifting Domestic Landscape and Belt and Road Opportunities

Beijing-headquartered conglomerate China Poly Group Corp has articulated a comprehensive strategy to significantly broaden its international footprint, aiming to cultivate new growth engines by strategically investing across both developed Western…

Hainan Airlines Charts Ambitious Course for Trans-Pacific Dominance, Eyeing Shanghai Hub and Expanded US Network

Hainan Airlines, China’s largest private air carrier, is aggressively pursuing an expansion of its direct flight services between China and the United States, driven by a surge in Chinese outbound…

China’s Automotive Market Experiences Decelerated Growth in November, NEVs Emerge as Key Driver Amidst Fading Tax Incentives

China’s colossal automotive market, the world’s largest by sales volume, exhibited a noticeable slowdown in growth during November, registering a modest 0.7 percent year-on-year increase with 2.96 million units sold.…

China Surpasses Key Industrial Capacity Reduction Targets in Coal and Steel, Signaling Accelerated Economic Rebalancing and Environmental Drive

China is significantly ahead of schedule in its ambitious industrial capacity reduction goals, particularly in the coal and steel sectors, a testament to the nation’s resolve in pursuing supply-side structural…

BAIC Group Charts Ambitious Course to Phase Out Conventional Fuel Vehicles by 2025, Cementing Commitment to New Energy Future

Beijing Automotive Group Co (BAIC Group), one of China’s prominent state-owned automobile manufacturers, has declared a groundbreaking strategic shift, committing to a complete cessation of conventional fuel-powered vehicle production and…

Hainan Airlines Charts Ambitious Course with Belt and Road Expansion and Synergistic Domestic Growth

Hainan Airlines, China’s largest private airline and a pivotal subsidiary of HNA Group, is strategically intensifying its focus on the Belt and Road Initiative (BRI), announcing plans for a significant…

People’s Bank of China Injects Net 20 Billion Yuan to Ease Liquidity, Signalling Continued Prudent and Neutral Monetary Policy Amid Deleveraging Push

BEIJING – China’s central bank, the People’s Bank of China (PBOC), injected a net 20 billion yuan (approximately $3.02 billion USD) into the financial system on Monday through its open…