China’s financial regulator pledges tough regulation with ‘teeth and thorns’ to prevent systemic risks

The National Financial Regulatory Administration (NFRA) will resolutely follow the spirit of the Central Financial Work Conference, Central Economic Work Conference and the recent two sessions, and carry out regulation using both "teeth and thorns" to ensure that no systemic risks arise, Li Yunze, head of the administration, said on Friday. The NFRA is committed […]

China-proposed Belt and Road Initiative maintains firm anti-corruption stance despite Western smears

China's firm pushing against corruption and ensuring the transparency in the joint construction of China-proposed Belt and Road Initiative (BRI) has been the long-standing and ongoing efforts since the very beginning, with a range of active measures ranging from supervision mechanism for participating enterprises overseas to corresponding standards and regulations to guide the projects, Chinese […]

Listed companies in China strengthen share buybacks in a move to stabilize capital market

China's A-share public companies have increased stock buybacks in an effort to shore up returns for their shareholders amid regulatory calls to protect broad investors and promote stability in the market. On Sunday, up to 20 listed companies announced plans to buy back their shares, setting a new record in terms of the number of […]

HK, Macao, Chinese mainland could launch multi-stop, culture-themed travel products to boost inbound tourism: political advisor

The Hong Kong and Macao Special Administrative Regions (SARs) could consider organizing a joint "multi-stop" combination with "Chinese culture-themed" travel products from Chinese mainland cities, while taking advantages of the SARs' roles as global hubs and transit points to boost inbound tourism market, Pansy Ho Chiu-king, a member of the National Committee of the Chinese […]

Institutions' return to A shares proves Chinese assets still attractive

China's A-share market is again making headlines as media outlets, citing Morgan Stanley analysts, said that "global funds are returning to China stocks." It seems that what has collapsed is the "China collapse" theory, not China's stock market. From time to time, the stock market experiences dramatic price changes, a phenomenon that is known as […]

China to launch AI Plus initiative: Government Work Report

China will launch an artificial intelligence (AI) Plus initiative to promote the innovative development of digital economy, according to a government work report submitted on Tuesday to the national legislature for deliberation. China will step up research and development (R&D) and application of big data and AI, launch an AI Plus initiative, and build digital […]

US smearing China on data security 'absurd'; Washington urged to listen to market concerns instead of blind suppression

China's Foreign Ministry on Thursday urged the US to stop slandering and smearing China on data security, and maintain an open, fair and non-discriminatory business environment, after the Biden administration on Wednesday unveiled an executive order barring genomic data transfers to China over the repeatedly cited claim of national security. Chinese officials and experts noted […]

Adjusted M503 flight route facilitates cross-Straits aviation operation and personnel exchange: Taiwan affairs office

China's State Council's Taiwan Affairs Office spokesperson Zhu Fenglian said on Wednesday that the adjusted M503 flight route has rectified cross-Straits aviation operation as well as personnel exchanges, and was in line with the common benefit of people in Chinese mainland and the Taiwan island. Zhu made the remarks during a regular press conference regarding […]

Chinese firms to take center stage at MWC 2024, showcasing latest 5G, AI solutions

More than 300 Chinese technology companies will attend the annual Mobile World Congress (MWC) 2024 in Barcelona, Spain, as analysts said that Chinese firms are ready to share their latest innovations in 5G and artificial intelligence (AI) at the event. Mohamed Hakim, a tech industry observer from the United Arab Emirates, told the Global Times […]