Xinhua Headlines: China committed to wider opening-up in services trade, promoting global economic recovery
As the 2022 China International Fair for Trade in Services kicked off Wednesday in Beijing, the country has shown the world its unwavering commitment to wider opening-up in the services trade sector.
Macro
China to further improve business environment, lower institutional transaction costs
China will take further steps to foster an enabling business climate and lower government-imposed transaction costs to continuously ease the burden of market players and unleash their vitality, according to the decision made at the State Council's Executive Meeting chaired by Premier Li Keqiang on Wednesday.
In-depth
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Digital trade new growth driver for BRI countries
Thousands of years ago, in ancient China, traders traveled the Silk Road by camel and horse, overcoming hardship to sell Chinese silk, tea and other specialties to the West, meanwhile importing glass products, pearls, fruit and vegetables from abroad.
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Global firms bullish on China's services development
China's research and development (R&D) spending intensity, or the expenditure on R&D as a percentage of its gross domestic product, built up to 2.44 percent in 2021, shows a yearly statistical bulletin.
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Markets
China to launch new index on performance of Beijing bourse
The Beijing Stock Exchange on Friday said it would launch its first benchmark index, a further step to facilitate the platform serving small and medium-sized enterprises (SMEs).
Beijing bourse sees 110 listed firms with market value close to 200 bln yuan
A total of 110 companies have been listed on the Beijing Stock Exchange as of Friday, with a combined market value of nearly 200 billion yuan (about 29 billion U.S. dollars).
