China extends, improves tax relief policies for businesses2023-03-28
China has extended and improved a raft of preferential tax and fee policies, according to multiple statements issued by the Ministry of Finance and the State Taxation Administration based on decisions made at a State Council meeting last week.
China announces reserve requirement ratio cut2023-03-18
China's central bank said Friday it will cut the reserve requirement ratio (RRR) for financial institutions by 0.25 percentage points from March 27 to keep liquidity reasonably ample and better serve the real economy.
China unveils plan to promote digital development2023-02-28
Building a digital China is important for the advancement of Chinese modernization in the digital era, and provides solid support for the development of new advantages in the country's competitiveness, according to the plan, which was jointly released by the Communist Party of China Central Committee and the State Council.
PBOC policy seen staying accommodative2023-02-14
China's monetary policy is expected to stay accommodative to boost consumer spending as inflationary pressures remain muted, experts said on Monday.
Key document highlights vitalization of rural areas2023-02-14
The central authorities on Monday unveiled the closely watched "No 1 central document" for this year, which pledged to advance the national strategy of rural vitalization and accelerate modernization in rural regions.
China introduces regulation to develop new TCM drugs2023-02-12
China on Friday released a regulation on the registration and administration of Traditional Chinese Medicine (TCM), in an effort to strengthen the development of new drugs, according to the country's top drug regulator.