China’s state-owned enterprises profits 0.4% up YoY in ’24
Profits at China's state-owned enterprises (SOEs) increased 0.4 per cent in 2024 compared to the previous year.
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China’s Ministry of Finance
China to cut tariffs on ethane, recycled metals
China will lower import tariffs on ethane and specific recycled copper and aluminum raw materials starting next…
China to raise pensions, expand trade-ins next year
China will raise fiscal support for consumption next year by raising pensions, medical insurance subsidies for…
China commits to stabilise housing, equity markets
China's regulators have committed to strengthening measures to stabilise the housing and equity markets and…
China’s fiscal revenue declines in 10m of ’24
China's fiscal revenue declined 1.3 per cent year-on-year in the first ten months of 2024.
China’s state-run enterprises see 1.2% revenue growth in 9m
China's state-owned enterprises (SOEs), excluding financial institutions, saw a 1.2 per cent revenue increase from…
China’s state-owned firms’ profits fall 2.1% y-o-y in 8m
China's state-owned enterprises (SOEs) experienced a 2.1 per cent decline in profits for the period from January to…
China’s SOEs report 1.6% increase in Jan-July revenues
China's state-owned enterprises (SOEs) witnessed a 1.6 percent increase in revenues from January to July 2024.
China disburses $53m for flood relief efforts
The Chinese Ministry of Finance (MOF) has announced on Thursday the allocation of 378 million yuan ($53 million) to…
China to auction 30b yuan in treasury bonds
China's Ministry of Finance announced on Thursday plans to auction 30 billion-yuan ($4.21 billion) worth of…
China’s fiscal revenue drops 2.8% in H1
China's fiscal revenue dropped by 2.8 per cent in the first half of 2024, reaching 11.59 trillion yuan ($1.62…
China to extend tariff exemptions on certain US goods until ’25
China's Ministry of Finance announced on Monday that it would extend tariff exemptions for imports of certain US…
China to issue $7.7b ultra-long treasury bonds on July 24
China's Ministry of Finance will issue its fourth batch of ultra-long special treasury bonds on July 24th, valued…
China tightens up scrutiny of Big Four audits firms
China's Ministry of Finance is tightening its grip on the Big Four accounting firms (Deloitte, EY, PwC, KPMG) in…
China pours over $300m into flood relief efforts
China has allocated over 2.3 billion yuan ($316.4 million) for rescue efforts, emergency supplies, and relocation…
China’s banks become major investors in Big Fund III
China has launched a $47.5 billion semiconductor investment fund called Big Fund III, with six major financial…
China doubles down on chip independence with $47.5b fund
China has launched a massive state-backed investment fund worth $47.5 billion to bolster its domestic semiconductor…
China’s revenue drops 2.7% in first four months of ’24
China's economic recovery faces a slowdown as year-on-year fiscal revenue growth worsens, with a 2.7 per cent…
China budget spending grows by 7t yuan in Q1 ’24
China's Ministry of Finance reported on Monday that general public budget spending grew by 2.9 per cent…
China’s fiscal revenue falls 2.3% in Q1 of ‘24
China's Ministry of Finance reported a 2.3 per cent decline in fiscal revenue for the first quarter of 2024…