April 12th, Nanjing, Jiangsu Province, April 11th, Suzhou, Jiangsu Province, April 1st, Lanzhou, Gansu Province, March 30th, Fuzhou, Fujian Province, March 23rd, Harbin, Heilongjiang Province … In just one month, many provincial capitals and new first-tier cities have joined the ranks of property market deregulation. Since the beginning of this year, more than 60 cities have issued property market easing policies, ranging from the loosening of the 'four limits' policies of purchase restriction, sale restriction, loan restriction and price limit to the relaxation of settlement policies ...
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Chinese Premier Li Keqiang on Wednesday said that the country will roll out measures to boost consumption, as part of efforts to keep the fundamentals of the economy stable and improve people's livelihoods.'Consumption is a steady driver of economic growth and bears on ensuring and improving people's livelihoods,' Li said while chairing a State Council executive meeting.The meeting decided on measures to counter the impact of COVID-19 and boost the recovery and growth of consumption.The abundant provision and stable prices of essential consumer goods should be ensured, said Li....
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The 2022 Global Digital Economy Innovation Competition kicked off in Beijing on April 7, with cutting-edge projects and emerging industries from home and abroad exploring methods to support China's new development paradigm.According to the Beijing Municipal Bureau of Economy and Information Technology, projects from over 30 countries and top domestic cities for innovation will participate either virtually and in person in the event this year.Participants are expected to provide better solutions for key fields such as new-generation information technology and other digital sectors, includin...
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Domestic exchange-traded funds (ETFs) developed rapidly in China in 2021, as their value climbed 30.55 percent year on year, said the Shenzhen Stock Exchange in a research report.The scale of ETFs listed and traded on the Chinese mainland hit 1.4 trillion yuan (220.13 billion U.S. dollars) by the end of 2021, according to the report issued on Sunday.In 2021, equity ETFs reported the largest asset size, accounting for 67.44 percent of the domestic ETF market, followed by currency ETF, accounting for 20.97 percent.The scale of cross-border equity ETFs went up 212.33 percent year on year.In terms...
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BEIJING, April 11 (Xinhua) -- China's inflation remained generally stable in March despite sporadic domestic resurgences of COVID-19 and bulk commodity price hikes in the international market, official data showed on Monday.China's consumer price index (CPI), a main gauge of inflation, rose 1.5 percent year on year in March, the National Bureau of Statistics (NBS) said Monday.The figure was higher than the 0.9-percent year-on-year growth recorded in February.A breakdown of the data showed that food prices saw contraction narrow to 1.5 percent year on year, dragging the CPI down by 0.28...
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