IMF opens hub for regional operations in Shanghai
The International Monetary Fund announced on Monday that its Shanghai Center is now operating, with Johannes Wiegand, a seasoned IMF economist, serving as the first director. According to an IMF…
Proactive fiscal policy in 2026 emphasized
China will continue exerting a “more proactive” fiscal policy and “moderately loose” monetary policy next year, as it strives to promote “effective qualitative improvement” and “reasonable quantitative growth” in its…
China operations to play big role in BMW’s emissions-cut target
A Kuka robotic arm is seen working at BMW Brilliance’s manufacturing hub in Shenyang, Liaoning province. BMW AG is pledging to cut at least 60 million tons of carbon dioxide…
Access to knowledge and skills: empowering Europe’s new generation of farmers
Becoming a farmer today requires much more than technical know-how. It demands business skills, environmental awareness, digital literacy and resilience in a rapidly changing sector. For many new entrants, these…
Large businesses in the EU: small number, high turnover
In 2024, the EU had around 33.5 million enterprises, employing 164.2 million people. Those enterprises registered a net turnover of €38.7 trillion. Although large enterprises (more than 249 people employed)…
Snapshot of EU economies: new experimental statistics
Eurostat has launched new experimental statistics presenting multi-country National Accounting Matrices (FIGARO-NAM). This new resource links data on production and consumption with data on income and saving, helping users understand…
Shale oil output hits 1m tons at Daqing
Operators conduct inspections and maintenance on equipment at Daqing Gulong continental shale oil national demonstration zone in Heilongjiang province on Thursday. WANG SONG/XINHUA The annual production of Gulong shale oilfield…
Trade to deepen Sino-French ties
China’s manufacturing transformation, ultra-large market and accelerating shift toward services, energy transition and digitalization will unlock substantial opportunities for French companies in the years ahead, said French business executives. As…
ByteDance tweaks Doubao assistant amid app curbs
A visitor interacts with ByteDance’s AI model Doubao during a high-tech expo in December 2024, in Shanghai. Chinese tech giant ByteDance said its artificial intelligence-powered Doubao mobile phone assistant will…
Red leaves sparking tourism boom
CHONGQING — Watching red leaves has long been a favorite autumn pastime in China, and the passion for this seasonal tradition is now becoming a powerful economic engine across the…