The economy

Int'l pharma set up bases in east China
International pharmaceutical companies clustered in a life science innovation campus based on Sino-foreign cooperation in east China, in order to tap into the great potential of the life science industry in China.
Solid progress made in China's 3 pilot FTZs
​China's pilot free trade zones (FTZ) in provincial-level regions of Guangdong, Tianjin and Fujian have made various innovative achievements since their establishment in 2015, according to the Ministry of Commerce.
China's tax, fee cuts total over 742 bln yuan in Q1
China's top tax watchdog said Wednesday that the country's tax and fee cuts totaled 742.8 billion yuan (about 105 billion U.S. dollars) in the first quarter (Q1) of the year.
Li seeks resolute efforts to invigorate demand
Premier Li Keqiang has called for resolute efforts to expand domestic demand with multiple measures to promote the rebound of consumer spending and spur the growth of online retail sales to stabilize China's economic fundamentals and restore growth.
Global Unicorn Fair offers new opportunities to investors
​The Second Global Unicorn Fair (GUF) was held as a webinar on April 26, aiming to provide opportunities for investors and entrepreneurs around the world through cooperation.
Over 70% of exhibition area at CIIE booked
More than 70 percent of the planned exhibition area has been booked for the third China International Import Expo (CIIE), according to the organizer.
New cargo train services launched between China, SCO countries
New cargo train services have been launched between east China's Shandong Province and countries of Shanghai Cooperation Organization (SCO).
First plateau airport in Xinjiang starts construction
​A new airport began construction Sunday on the Pamir Plateau, northwest China's Xinjiang Uygur Autonomous Region, which is expected to be the highest airport in the region after completion.
China extends small businesses tax exemptions
China announced Sunday to extend tax exemptions by an additional four years to further improve the inclusive finance service for smaller businesses.
China mulls adjusting relevant laws in Hainan pilot FTZ
China's top legislature Sunday began deliberating a draft decision to authorize the State Council to temporarily adjust relevant laws and regulations in the Hainan pilot free trade zone.
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