Economy & Trade

China Unveils New Guidelines on Optimized Payment Services for Foreigners: An Overview

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To optimize payment experiences for foreign visitors and businesses in China, the People’s Bank of China has recently released a set of guidelines detailing the payment methods currently accessible to foreign nationals across the mainland.

China’s January – February 2024 Economic Roundup

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January and February economic indicators show a strong start to China’s economy in 2024, with growth in industrial output and recovery in foreign trade.

China Issues 24 New Measures to Attract Foreign Investment

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China’s legislature has released a new action plan outlining measures to boost foreign investment in the country.

Hong Kong’s Cosmetics and Skincare Market – Trends and Industry Overview

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The Hong Kong skincare market is dominated by international trade, while new trends in bespoke product formula, emphasis on ‘clean beauty’, and online commerce present emerging opportunities.

China’s Foreign Minister Wang Yi to Visit Australia for Trade and Technology Talks

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Chinese Foreign Minister Wang Yi is expected to visit Australia in late March, which will boost trade diplomacy between the two nations.

China 2023 Economic Growth Breakdown – GDP Statistics and Targets by Province

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China’s mainland provinces have released their GDP growth targets for 2024, most of which exceed five percent, alongside their GDP data and economic performance assessment for 2023.

China Expanded Its 15-Day Visa-Free Travel Policy to 6 European Countries Including Switzerland

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China has decided to expand its 15-day visa-free travel policy to six additional European countries on a trial basis, during the period between March 14 and November 30, 2024. 

China Sets 2024 GDP Growth Target at “Around 5%”: Key Highlights from the Two Sessions

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China has released the 2024 Government Work Report, the most important policy document of the year, setting a broad range of economic and development tasks.

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