The economy

IMF, WTO urge open trade amid COVID-19 pandemic

The International Monetary Fund (IMF) and the World Trade Organization (WTO) on Friday urged countries to refrain from imposing export and other trade restrictions as the world fights against the COVID-19 pandemic.

Chinese market remains key for multinationals

Multinational companies are showing their strong commitment to the Chinese market, with some of their local factories posting record production figures and a new foreign investment project being launched despite the challenges presented by the COVID-19 pandemic.

ExxonMobil breaks ground on multibillion-dollar chemical complex in China

?Multinational oil and gas corporation ExxonMobil Wednesday broke ground on its solely-funded chemical complex in Huizhou, southern China's Guangdong Province, a sign of China's rebounding economy as the impact of the COVID-19 pandemic subdues.

Shanghai sets up new comprehensive bonded area

?Shanghai set up a new comprehensive bonded area in its Pudong New District on Tuesday, according to local authorities.

SCIO briefing on foreign exchange receipts, payments

The State Council Information Office (SCIO) held a press conference in Beijing on Friday to brief the media on China's foreign exchange receipts and payments in the first quarter of 2020.

China's economy expected to recover in Q2

China's economy is expected to recover in the second quarter after shrinking in the first quarter amid the COVID-19 pandemic, experts said Tuesday.

China ramps up stimulus to bolster economy

China's market-based benchmark lending rate lowered Monday, another sign that the country is determined to channel funds into the real economy via more flexible monetary policy, analysts said.

SCIO briefing on China's economic performance in the first quarter of 2020

The State Council Information Office held a press conference on April 17 in Beijing to brief the media on China's economic performance in the first quarter of 2020.

SCIO briefing on measures to stabilize foreign trade

The Joint Prevention and Control Mechanism of the State Council held a press conference in Beijing on April 10 to brief the media on the measures to stabilize foreign trade.