China to ramp up policy steps to revive economyChinese policymakers are expected to enhance measures to achieve the challenging 2024 growth target, focusing on boosting demand to counter...
19 Sep, 2024, 10.58 PM IST
China to choose fiscal muscle over big reforms to revive economyChina is planning to implement fiscal stimulus measures to support its economic recovery, relying on debt and state spending. Some governme...
24 Oct, 2023, 01.15 PM IST
China unveils $72 bn tax break for green cars to spur demandChina unveiled on Wednesday a 520 billion yuan ($72.3 billion) package of tax breaks over four years for electric vehicles (EVs) and other ...
22 Jun, 2023, 12.36 AM IST
China unveils $72 bn tax break for EVs, other green cars to spur demandChina has announced a package worth $72.3bn to boost green car sales, such as electric vehicles, over the next four years. The move comes a...
21 Jun, 2023, 01.11 PM IST
China's annual parliament to implement Xi's tightening gripThe rubber-stamp NPC will confirm Xi's new economic team after China's most powerful leader since Mao Zedong cemented a norm-breaking third...
02 Mar, 2023, 12.09 AM IST
China aims to slow yuan's rise but likely to avoid drastic stepsPolicymakers fear rapid yuan gains could lure more speculative money into everything from property, to stocks and commodities, fuelling ass...
04 Jun, 2021, 06.12 PM IST
China says will quicken special funds spending to support economyBy the end of October, local governments had spent 1.198 trillion yuan ($180.7 billion), accounting for 70.9% of special funds actually all...
12 Nov, 2020, 03.10 PM IST
China allocates almost $16 bln in coronavirus related fundingChina saw an uptick in new cases on Thursday driven by more cases in Wuhan, the provincial capital of Hubei, where the virus is believed to...
05 Mar, 2020, 12.14 PM IST
China denies inflating GDP figuresThe stronger-than-expected GDP figures released yesterday have raised speculation that China has inflated the data, state-run Global Times ...
16 Jul, 2015, 05.31 PM IST
New Chinese leaders look to speed-up urbanisationUrbanisation will be the main driver of economic growth for the future, Vice-Premier Li Keqiang said.
21 Dec, 2012, 03.50 PM IST