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Monthly Archives: May, 2018

Seven Chinese Companies Make Forbes List of World’s Most Innovative Firms

A total of seven Chinese companies have placed on the 2018 Forbes list of the world's 100 most innovative enterprises. Online giant Tencent Holdings Ltd. came...

China’s IPO Pass Rate for January – May Hits 53.5%

Over half of initial public offering (IPO) applications made in the first five months of 2018 have been approved by the China Securities Regulatory...

Revenues of China’s Software Sector for January-April Rise by over 14%

The latest official data points to a robust year-on-year rise in the revenues of China's software sector for the first four months of 2018. According...

Chinese Central Bank Expected to Cut Reserve Ratio in a Matter of Weeks

The People's Bank of China (PBOC) is expected by analysts to further reduce the required reserve ratio for Chinese lenders in a matter of...

Investment Plans of 10 Chinese Provinces Exceed 1 Trillion Yuan, Role of PPP’s Downplayed

2018 is turning out to be a bumper year for local government spending ambitions, with 25 of China's province-level authorities unveiling a slew of...

Credit Growth in China Still Too Fast, GDP to Rise by 6.6% in 2018: IMF

A new report from the International Monetary Fund (IMF) forecasts that China will maintain healthy economic growth over the next five years, while calling...

Xiaomi Will Be First Company to Issue Chinese Depository Receipts: Domestic Media

A new report claims that smartphone giant Xiaomi could become the first enterprise listed outside of mainland China to issue Chinese Depository Receipts (CDR)...

State Council Wants China’s Economy to Be “Comprehensively Open”

A regular meeting of China's State Council convened by Premier Li Keqiang on 30 May has flagged greater opening of the economy to foreign...

Beijing Cuts Income Tax for Technologically Advanced Service Enterprises

The Chinese central government has expanded tax cuts for technologically advanced service enterprises to the whole of the country following their prior deployment in...

Profit Growth of Chinese Industrial Enterprises Expected to Stay Above 10%

The profit growth of China's industrial enterprises is expected to remain at robust levels in 2018. Zhu Jianfang (诸建芳), chief economist for CITIC Securities, said...

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