Double Five shopping festival to boost Shanghai as intl consumption hub
The news conference of Shanghai’s Double Five shopping festival which will officially kick start on April 30. The Double Five shopping festival, an annual shopping fiesta featuring business debuts, product…
China allows foreign investors into treasury futures
China has allowed qualified foreign investors to participate in treasury futures trading starting Friday, in a move aimed at enhancing the appeal of renminbi-denominated bond assets. The policy, announced on…
Malaysia set for surge of Chinese visitors for May Day
Flights to Malaysia are set to surge during China’s upcoming May Day holiday, leading growth among Southeast Asian destinations as outbound travel demand continues to increase, industry data has shown.…
China’s treasury bonds to fund major national projects
China sold its first batch of ultra-long-term special treasury bonds for 2026 on Friday, raising 119 billion yuan ($17.4 billion) to fund major national projects and programs, according to the…
MACAU Pass unveils AI payment tool for merchants, developers
MACAU Pass, a Macao-based fintech platform, has launched its self-developed AI-powered payment integration tool, the AI Payment Assistant, making it available to local merchants, developers and ecosystem partners. The tool…
China’s first quarter public budget hits three-year high
China’s general public budget revenue grew 2.4 percent year-on-year in the first quarter, hitting a three-year high for the January-March period, the Ministry of Finance said on Friday. Revenue came…
China to issue first fine for overseas listing rule breach
China’s securities regulator is planning to issue its first fine in a case of violating overseas listing registration requirements, underscoring its stepped-up efforts to deter violations while keeping channels open…
China’s regulators ban online promotion of crypto trading
Regulators in China have banned online platforms from marketing illegal financial activities such as virtual currency issuance and trading. The ban is part of moves to strengthen the regulation of…
Chinese-developed exoskeleton in spotlight at Canton Fair
A woman identified as Maria from Argentina was able to stand upright with the assistance of an exoskeleton robot at the 139th session of the China Import and Export Fair.…
DeepSeek unveils AI model for domestic chips in symbolic break from Nvidia reliance
Chinese artificial intelligence startup DeepSeek on Friday released a new generation of large language models explicitly tuned for domestic chips, a milestone seen by industry experts as a shift from…