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Sweet spot in economic transition

BEIJING - With a string of encouraging data, China's economy kicked off 2018 on a positive note, adding to optimism among international financial institutions about the world's second-largest economy.

Qingdao initiates carbon emission peak research

The coastal city of Qingdao, Shandong province has kicked off a program of research into carbon emission peaking amid China's continuous efforts to combat climate change and realize sustainable development.

Qingdao unveils innovation center to boost intelligent manufacturing

The West Coast New Area Green Manufacturing Innovation Center was unveiled recently in the Sino-German Eco-park in Qingdao, East China's Shandong province, with an aim of promoting development of a regional intelligent manufacturing sector.

Global trade challenges remain despite last year's upswing

STATISTICS FROM THE GENERAL ADMINISTRATION OF CUSTOMS show the total import and export value of Chinese goods was 27.79 trillion yuan ($4.32 trillion) last year, up 14.2 percent compared with 2016, reversing the two-year downward trend. Beijing Youth Daily comments:

Qingdao among top 10 cities for business in Chinese mainland in 2017

Since 2004, Forbes has ranked cities by evaluating indexes such as human resources, urban scale, consumption ability, passenger traffic, freight transport, vitality of private economy, operating costs and innovation.

Growth may fuel cut to value-added tax rate

China could have the option to cut its value-added tax rate this year as part of its proactive fiscal policy to bolster its real economy with the country set to register higher fiscal revenue growth in 2017, a researcher suggested.

PBOC vice governor: China to promote internationalization of yuan

China will remove policy barriers for cross-border payments and enhance financial infrastructural construction in foreign countries as part of efforts to further promote internationalization of the yuan, the vice-governor of the country's central bank said Sunday.

China's trade surplus continues to narrow in 2017

China's trade surplus continued to narrow in 2017, official data showed Friday.