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May 20, 2022
Opening-up to further boost global recovery
China's unswerving push for high-level opening-up will boost confidence in and create new growth engines for world economic recovery, according to global business leaders and analysts.
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May 20, 2022
5-year lending rate down by biggest margin on record
China's over-five-year loan prime rate, a market-based benchmark lending rate also known as LPR, dropped to 4.45 percent in May, down from 4.6 percent in April, the National Interbank Funding Center said on Friday.
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May 20, 2022
Shanghai to resume public transportation
Shanghai will progressively resume public transportation services beginning on Sunday as the COVID-19 situation continues to stabilize, while the city's postal and express delivery service is expected to resume full operation by mid-June, officials said at a news briefing on Thursday.
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May 20, 2022
China's satellite navigation industry growing exponentially
China's satellite navigation and location-based services industry witnessed robust growth in 2021, with the gross output reaching 469 billion yuan ($69.6 billion), a year-on-year increase of 16.29 percent, according to a white paper released Wednesday by GNSS&LBS Association of China.
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May 20, 2022
Ningbo issues coupons to boost CEEC commodity sales
Ningbo in East China's Zhejiang province will issue 5 million yuan ($769,230) worth of coupons to boost the sales of commodities from Central and Eastern European countries (CEEC) countries.
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May 19, 2022
Wenzhou-Ningbo-Osaka intl temporary mail route opens
An international temporary mail route connecting Wenzhou and Ningbo in East China's Zhejiang province with Osaka in Japan opened on May 16.
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May 19, 2022
More help on docket for pressured SMEs
Though recent outbreaks of COVID-19 have been pressuring small and medium-sized enterprises, China's economic fundamentals remain unchanged and more efforts will be made to bolster SMEs' ability to cope with short-term difficulties, an official said on Wednesday.
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May 19, 2022
Customs in 5 cities to clear cargo for Shanghai
Customs authorities in five major cities in the Yangtze River Delta region－Shanghai, Nanjing, Hangzhou, Ningbo and Hefei－have adopted mutual recognition of each other's clearance processes for cargo related to companies on Shanghai's white list of businesses that can resume operations.
