According to official data released on Monday by the National Bureau of Statistics, profits...
China’s Economy Thrives on Tourism Boom
Tourism has become a key industry driving China's high-quality development, experiencing rapid growth since...
China to Lower Mortgage Interest Rates and Adjust Down Payment Ratios for Homebuyers
China is set to reduce interest rates on mortgage loans and revise down-payment requirements...
Chinese Property Developers Soar on Plans for Government Purchase of Unsold Homes
Shares of Chinese property developers saw a notable surge following reports that China is...
Chinese Government Aims to Purchase Unsold Homes amid Persistent Property Crisis
China is reportedly contemplating a plan for local governments in various provinces to acquire...
PBOC Keeps Policy Rate Unchanged to Maintain Economic Stability
The People’s Bank of China (PBOC) opted to leave a key policy rate unchanged...