China ready to join Laos for new chapter of ties: Xi: Xinhuanet

December 23, 2020

China is ready to work with Laos to open up a new stage and write a new chapter for the relations between the two parties and the two countries in the new era, said General Secretary of the Communist Party of China (CPC) Central Committee and Chinese President Xi Jinping on Tuesday.Click here to read...

China to continue with credit policy tools to help small businesses: Xinhuanet

December 23, 2020

China will continue with two credit policy tools to provide financial support to small and micro-sized companies next year, according to a State Council meeting on Monday. China will continue with the policy, which allows small and micro-sized businesses to postpone principal and interest repayments on inclusive loans in the first quarter of next year, and will extend the policy period as appropriate, according to the meeting presided over by Premier Li Keqiang.Click here to read...

Xinhua Headlines-Yearender: A world evolving at faster pace amid ravaging pandemic: Xinhuanet

December 23, 2020

With the COVID-19 pandemic fast changing the world, humankind has suffered a major setback in 2020. Faced with unprecedented changes, risks and uncertainties, people are forced to rethink the path into the future.Click here to read...

Capital market set to maintain healthy growth: China Daily

December 23, 2020

China's A-share market is expected to see sustained bullish performance in 2021 as more efforts are made to improve the quality of listed companies and further explore domestic demand, experts said.Click here to read...

World Bank: China's GDP growth to rise to 7.9% in 2021: China Daily

December 23, 2020

The World Bank projected that China's GDP growth will return to its pre-pandemic level by 2021, to accelerate to 7.9 percent next year from 2 percent in 2020, in response to improved consumer and business confidence and better labor market conditions, according to a report published on Wednesday.Click here to read...

China must avoid ‘premature’ exit from economic support given ‘precarious’ global outlook: World Bank: South China Morning Post

December 23, 2020

China should avoid a “premature” exit from its economic support policies given the “precarious” global outlook next year, according to the World Bank.
“A premature policy exit and excessive tightening [following the coronavirus pandemic] could derail the recovery,” the Washington-based World Bank warned on Wednesday, urging the People’s Bank of China to “proceed cautiously” in tightening its monetary policy.Click here to read...

New Delhi’s moves with Hanoi on S. China Sea won’t make waves Global Times

December 22, 2020

In a virtual summit held on Monday with Vietnam Prime Minister Nguyen Xuan Phuc, Indian Prime Minister Narendra Modi stressed that negotiations for a code of conduct in the South China Sea "should not undermine the interests of other countries or third parties in the region," reported the Times of India. The two leaders reaffirmed the importance of security and freedom of navigation and overflight rights in the South China Sea.Click here to read...

Chinese City Orders All Residents to Be Tested for COVID-19 as More Cases Detected: The Epoch Times

December 22, 2020

The city of Dalian in northeastern China is struggling to contain a local COVID-19 outbreak, as authorities announced that all residents would be required to take nucleic acid tests following the detection of more infections.Click here to read...