Investment bankers and financiers at the 5th Global Financial Leaders' Investment Summit, concluding on Wednesday, are betting on China's potential to lead AI applications as the AI race enters the "show me the money" phase.
China issues plan to advance comprehensive resource conservation2026-11-05
China has issued an action plan to promote resource conservation and efficient use of resources, safeguard national resource security and accelerate the green transition of its economy and society, the National Development and Reform Commission (NDRC) said Wednesday.
Hainan FTP law implementation yields positive results: report2026-11-04
The implementation of the Hainan Free Trade Port (FTP) Law has yielded positive results, with island-wide special customs operations progressing steadily, according to a law enforcement inspection report submitted to the 25th session of the Standing Committee of the 14th National People's Congress (NPC) on Tuesday.
European firms find business certainty, reliability at south China's Canton Fair2026-11-04
When Michael Jensen first visited the Canton Fair in 1998, he was looking for products to take to European markets. Nearly three decades and more than 40 visits later, the Asia general manager of Denmark's F&H Group is still making the trip to Guangzhou, south China's Guangdong Province. But this year, he is looking to do more than sourcing products.
China's central bank to raise forex reserve requirement ratio to keep yuan stable2026-11-04
China's central bank on Tuesday announced that it will raise the foreign exchange (forex) reserve requirement ratio for financial institutions by 2 percentage points, the first increase in nearly five years, in a move that is expected to ease the upward pressure on the Chinese currency renminbi and stabilize market expectations.
Chinese central bank shifts policy rate anchor to overnight2026-11-03
China's central bank on Monday changed its main policy rate from the seven-day reverse repo rate to the overnight reverse repo rate as it conducted 541 billion yuan (about 80.6 billion U.S. dollars) of overnight reverse repos.