The recent statement by the leadership regarding capital and the private sector has helped restore market confidence, which is urgently needed as the Chinese economy faces mounting pressure from a resurgence of COVID-19 cases.
Zibo city – located in East China's Shandong province – recently launched a raft of policies and preferential measures to support the high-quality development of its micro, small and medium-sized enterprises, as well as individual businesses.
China is considering additional fiscal policy support while mounting an all-out effort to put existing measures into place, providing a strong buffer against downward pressures on the national economy, officials and experts said on Tuesday.
China has released a guideline to accelerate the establishment of a unified domestic market amid efforts to build a high-standard market system and promote high-quality development. Why is China accelerating the establishment of such a market? Here is what you need to know.
Zibo-based Qixiang Tengda Chemical Co Ltd handled the tax collection of 1,800 tons of goods on May 9 in Zibo, East China's Shandong province. According to the latest policies, the company can exempt tax deferred interest of about 50,000 yuan ($7,390).
Zibo, in East China's Shandong province and seven other cities in the province – including Jinan and Qingdao – are positioning themselves to become youth-friendly cities.
China has rolled out a raft of measures to strengthen its financial support for the real economy, the country's financial authorities said Monday.
The city of Zibo plans to install over 10,000 new charging piles, under the 2022 construction program for electric vehicle charging infrastructure that was recently released.
