Business--China Economic Net

Financial institutions should optimize their products and services to help trade companies better hedge against foreign exchange risks and facilitate the use of the renminbi in cross-border settlements, China's three government departments said in a joint notice.

China reports surplus in international goods trade

China reported a surplus in its international goods trade in April, data from the State Administration of Foreign Exchange showed on Friday.

Experts: Industrial output to see gradual recovery

Despite weakening economic activity in April amid COVID-19 outbreaks, China is likely to see a gradual recovery in industrial production in the following months with better control of the pandemic and stronger macroeconomic policy support.

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In-Depth

China's growth remains a stabilizer for world economy

As the world economy struggles with a lingering pandemic and increasing headwinds, China is expected to continue to act as a stabilizer for the global economy with its sound long-term fundamentals.

ROK enterprises expand industrial facilities in China's Guangdong

Two years into his overseas assignment to expand the hydrogen energy business in China, Oh Seung-chan, from the Republic of Korea (ROK), is pleased that his work and life have gone smoothly.

China's unified market a vital boost for economic circulation

China's new economic development pattern of "dual circulation" is set to get a vital boost as authorities detailed an ambitious plan on how to build a national unified market to enable a more efficient and smooth flow of labor and goods across the country.

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