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Stocks Rally as Stimulus Released to Boost Economy
On the back of government stimulus measures, Chinese stock markets saw notable gains ahead of the week-long National Day holidays (October 1-7), with the Shanghai Composite Index rocketing from 2,700 to 3,500 points after being in the doldrums for months.
Government Releases Document on Clean Use of Coal
A new document jointly released by seven Chinese government departments on October 14 pledges to promote the clean and efficient use of coal energy.
Retirement Age to Gradually Increase
According to a resolution which will take effect on January 1, 2025, the Chinese government will gradually raise the retirement age over a period of 15 years.
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Beijing, Tokyo Reach Agreement on Fukushima Water
Following rounds of negotiations, China and Japan recently reached agreement on the discharge of nuclear-contaminated water from the Fukushima Daiichi Nuclear Power Station into the ocean.
Lucrative Deals Inked at 21st China-ASEAN Expo
The 21st China-ASEAN Expo & China-ASEAN Commercial and Investment Summit was held from September 24 to 28 in Nanning, Guangxi Zhuang Autonomous Region.
US’s Connected Vehicle Ban a ‘Non-market Move’
China’s Ministry of Commerce (MOFCOM) has expressed firm opposition to its US counterpart’s proposed rule to ban connected vehicles that use Chinese software to prevent potential hacking.