New guideline to help enhance consumption
China has unveiled a new package of measures to shore up consumer spending and support smaller firms and the services sector as the nation battles to contain its most extensive COVID-19 outbreaks since the onset of the pandemic.
RCEP strengthens cooperation between Canton Fair and its members
As the first Canton Fair held after RCEP took effect, the 131st Canton Fair embraced 150,800 purchasers from RCEP member countries.
131st Canton Fair closed, exhibits totaled over 3 million
The 131st Canton Fair was successfully concluded on April 24th, attracting more than 25,500 exhibitors and 536,000 overseas purchasers from 228 countries and regions during the 10-day online exhibition.
Tariff cut on Chinese imports expected to ease high US inflation
Lifting tariffs on certain Chinese products will help mitigate the highest inflation in four decades in the United States and put bilateral trade relations back on a normal track this year, experts and business leaders said on Sunday.
Guangdong witnessed stable economic growth in Q1 with GDP exceeding 2.85 trillion RMB
Guangdong’s GDP reached about 2.85 trillion RMB in the first quarter of 2022, up 3.3 percent year-on-year.
Video | GD’s per capita disposable income surpassed 13,000 RMB in Q1
In the first quarter, the per capita disposable income of residents in Guangdong reached 13,360 RMB, a nominal increase of 5.7% over the previous year.
China’s banking profitability rebounded significantly in 2021: PwC Report
China saw stable economic growth in 2021, the profitability of banking industry rebounded significantly and had further support for the real economy, according to the latest report about China's banking development released by PwC on April 20.
Grade-A offices in Guangzhou sees high vacancy rate in Q1 2022
Three new Grade A office projects were launched in Guangzhou in Q1, which brought a total number of 210 thousand-sqm new office space supply. The total supply of Grade A office space increased 3.5 percent QoQ to more than 6.2 million sqm by the end of Q1 in Guangzhou, according to Savills, a UK-based property consulting company.
HK’s real GDP may peak again as epidemic well contained: Senior economist of BoCHK
Hong Kong’s IPO market will have a solid growth in the second half of the year when the local epidemic situation gets better. And its real GDP may bounce back to an all-time high in history
First tax cooperation office for Portuguese-speaking countries and regions set up in Hengqin
On April 12, the tax cooperation office for Portuguese-speaking countries and regions was officially established in the taxation bureau of Guangdong-Macao In-Depth Cooperation Zone in Hengqin.