China enhances foreign traveler payment services, anticipates continued market growth

China will see a continuously booming tourism market because of people's growing demand for higher-quality life. The nation is also taking measures to facilitate foreign travelers' payment to let them have a better traveling experience, said a senior official.

Shanghai delegation submits 7 motions and 156 suggestions to plenary session

The Shanghai delegation to the second session of the 14th National People's Congress, China's top legislature, submitted altogether seven motions and 156 suggestions during the annual plenary session of the legislature, which concluded in Beijing on March 11.

CPPCC member calls for swift action on dual carbon goals legal framework

China must accelerate the establishing of a legal framework for achieving its dual carbon goals – to peak carbon emissions before 2030 and achieve carbon neutrality before 2060, said Huang Zhen, a member of the 14th National Committee of the Chinese People's Political Consultative Conference, during the national political advisory body's annual session on March 9.

Lin-gang Special Area in Shanghai to accelerate cross-border business efforts

Lin-gang Special Area, the part of the China (Shanghai) Pilot Free Trade Zone included in August 2019, will accelerate its efforts in facilitating companies' cross-border businesses by better addressing the major development targets, demands and various problems, said Yuan Guohua, Party secretary and chairman of Lingang Group - a local State-owned enterprise responsible for the development of Lin-gang.

2024 Government Work Report lists Shanghai's achievements

Shanghai has played and will continue to play a crucial and leading role in China's industrial innovation and upgrading, as well as in deepening reform and opening-up, according to China's 2024 Government Work Report.

More efforts needed to boost homegrown jet

It is necessary to enhance operational efficiency and raise the core competitiveness of the C919, China's domestically produced commercial aircraft, with closer cooperation from participants along the industry chain and stronger support for research and development, according to a proposal from a national political adviser during the ongoing two sessions.

Ideas to brighten biz climate mark two sessions

Making domestic business rules better align with international ones and providing stronger support to private-sector incubators and industrial parks — these are among the suggestions made by national lawmakers and political advisers to improve the business environment in the country.

Scholars see ample space for further GDP growth

National legislators and political advisers have refuted certain pessimistic narratives regarding the Chinese economy circulated by Western media, asserting that China's economy has not peaked and in fact has ample space for further growth and development.

China to ensure national treatment for foreign-funded enterprises

China will implement measures to ensure the national treatment for foreign-funded enterprises, according to a government work report submitted March 5 to the national legislature for deliberation.

Economist: Healthy capital market critical

China can adopt more measures like adjusting share trading transaction settlement times, strengthening regulations and improving the quality of listed companies in order to boost investor confidence and safeguard the healthy development of the capital market, said a senior economist.