Chinese economy sustains sound recovery in October as policy support pays off
The Chinese economy has maintained sound recovery as policies coordinating COVID-19 control and economic development have paid off, and short-term headwinds have begun to wane, official data showed on Monday.
Macro
China's employment stable, policy supports continue
China has created 11.33 million new jobs in its urban areas during the first 10 months of this year, achieving the target for the whole year in advance.
In-depth
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Beijing Stock Exchange starts trading, unleashing power of small for Chinese economy
The newly-established Beijing Stock Exchange (BSE) started trading Monday, marking a key step in China's efforts to deepen capital market reform and support small businesses.
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China increases energy supply, calming stagflation concerns
China has ramped up energy production and reined in prices to secure sufficient energy for factories and support the economy, assuaging concerns over stagflation.
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Companies
ExxonMobil launches 10-bln-USD project in south China city
International energy company ExxonMobil Tuesday started a project in Huizhou City, south China's Guangdong Province, to produce performance polymers used in packaging, automotive and agricultural products.
Elevator business a new growth engine for Chinese home appliance maker Midea
The elevator business has become a new growth engine for Midea Group, China's leading home appliance manufacturer, according to the company.
New whisky distillery launched in China's Sichuan
World-renowned winemaker Pernod Ricard unveiled a new distillery for single malt whisky production in southwest China's Sichuan Province Tuesday.
