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Financial industry should serve real economy: Expert   VIDEO

The fundamental nature of finance is that it is a service industry, and its paramount duty is to serve the real economy, said Tian Xuan, associate dean of Tsinghua University's PBC School of Finance, in an exclusive interview with China Daily.
By Zhou Lanxu, Liu Zizheng, Yan Xingzhou and Ma Qing Jun 05, 2024
China's green finance: From 'zero' to 'hero'?VIDEO
As the annual World Environment Day arrives today and underlines the urgency of the global green transition, a leading expert said that China has grown its green loan and green bond markets into the world's largest in a few years, representing a shift from "zero" to "hero."
By Zhou Lanxu Mar 03, 2023
China's 2023 growth to outpace most major economies: Credit Suisse?VIDEO
Credit Suisse expects China's economic growth to outpace most other major economies in 2023 as the Chinese economy accelerates after years of interruption caused by COVID-19.
By Zhou Lanxu Mar 02, 2023
Pictet to boost investment capability in Chinese equities, bonds?VIDEO
Pictet will steadily strengthen its investment and research capabilities in Chinese equities and renminbi bonds as the Swiss firm foresees a positive outlook for China's economy.
By Jiang Xueqing Mar 01, 2023
Mastercard to empower Chinese globetrotters?VIDEO
Mastercard is betting on travel recovery opportunities this year that are expected to enable Chinese travelers resume globetrotting after three years of COVID-related curbs.
By Jiang Xueqing Feb 28, 2023
Deutsche Bank lifts China's economic growth forecast to 6%?VIDEO
Deutsche Bank is bullish on the Chinese market and has revised its economic growth forecast for China from 4.5 percent to 6 percent this year.
Mar 03, 2022
5.5% GDP target necessary to anchor expectations?VIDEO
Setting the GDP growth target at around 5.5 percent this year is crucial for China's policymakers to better anchor market expectations as the Chinese economy faces downward pressure, said Xu Gao, chief economist at Bank of China International.
Jun 22, 2021
Piloting digital RMB's path for 2022 Olympics and beyond?VIDEO
The 2022 Beijing Winter Olympics is expected to be a "touchstone" of the digital RMB application, according to Li Lihui, former president of the Bank of China in an exclusive interview with China Daily.
Jun 10, 2021
The benchmark Shanghai Composite Index crosses 3,600 points?VIDEO
The benchmark Shanghai Composite Index crossed the 3,600 point mark on Thursday on the back of strong buying support. The index closed at 3610.86 points, up 0.54 percent from Wednesday, making it the second time this month that it has rallied strongly. The smaller Shenzhen Component Index too rose by 1.19 percent to 14,893.59 points.
May 20, 2021
Port business environment gets a new facelift?VIDEO
As the RCEP trade agreement is planned to go into force next year, the General Administration of Customs has been working on a slew of measures, in a move to build up a market-oriented, legalized and internationalized port business environment, said Dang Yingjie, deputy director-general of the National Office of Port Administration.
Apr 27, 2021
Enjoy your coffee. And eat it too!?VIDEO
As China announced its goal to peak carbon dioxide emissions before 2030 and become carbon neutrality by 2060, the country is ramping up efforts to embrace sustainable practices.
Mar 31, 2021
How will 5G power the next digital revolution in 2021??VIDEO
China's efforts to quicken the rollout of the fifth-generation or 5G wireless technology will spur a wide range of new applications in consumer and industrial sectors, which will accelerate the strong momentum already propelling the development of the nation's digital economy, experts said.
Mar 12, 2021
Quality Chinese vaccines keep nation's promise?VIDEO
Already exported to and applied in over 70 countries, Chinese vaccines offers a hope for the world to rein in the COVID-19 virus. China has promised to make its vaccine a global public good accessible and affordable to developing countries.
Feb 05, 2021
How China's chip industry is striving for self-reliance??VIDEO
China's semiconductor industry is embracing unprecedented opportunities as the government has emphasized technological innovations and intensified efforts to develop chips at home.
Jan 29, 2021
How home prices will move this year??VIDEO
Although the COVID-19 pandemic sprang an unpleasant, unprecedented and unexpected surprise on China’s residential property sector last year, a combination of factors will likely ensure the situation will improve beyond expectations this year, industry experts said.
By Zhong Nan Jan 18, 2021
Massive corporate harvest awaits reaping?VIDEO
Foreign investors eyeing China, and those already operating in the country, will find the business environment increasingly friendlier and healthier going forward, industry leaders said.
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