Fiscal goals including tax, fee cuts set to be met

The government will be able to achieve its annual fiscal targets, according to its projection of steady economic recovery, cutting more than 2.5 trillion yuan ($359 billion) in taxes and fees to support business and mitigate the impact of COVID-19,…

16 port employees held over Beirut blasts

BEIRUT, Lebanon-Sixteen workers at Beirut’s port, the site of massive explosions, have been detained over the deadly blasts that devastated large parts of the Lebanese capital, a military prosecutor said on Thursday. Lebanese authorities had announced an investigation into Tuesday’s…

Epidemic-hit retailers eyeing diverse strategies to attract more consumers

Retailers in China are revamping their marketing strategies to cater to the diverse demands of consumers, especially for those who search uniqueness and social interactions in their purchases, as the sector looks to emerge from the shadow of the novel…

Wen-23 gas storage facility making progress, says Sinopec

China Petroleum and Chemical Corp, or Sinopec, said that total gas storage at its Wen-23 underground storage in Central China has reached 6.16 billion cubic meters, with an effective working capacity of 1 billion cubic meters and the facility will…

PBOC shifts policy focus to ‘resilience’

Cross-cyclical framework considered a help in dealing with long-term issues The People’s Bank of China will likely shift its policy focus to long-term economic resilience from short-term pressures, as the central bank seeks to navigate the economy through protracted challenges,…

Foreign trade returns to a firm footing

China’s timely resumption of its industrial production and the gradual return of overseas demand have helped put the country’s foreign trade recovery on a firm footing, and the trend is expected to continue in the second half of the year,…

Foreign trade returns to a firm footing

China’s timely resumption of its industrial production and the gradual return of overseas demand have helped put the country’s foreign trade recovery on a firm footing, and the trend is expected to continue in the second half of the year,…

Cybersecurity key to successful Winter Olympics, conference finds

The Winter Olympic Day, as part of the ongoing 2020 Beijing Cyber Security Conference, was held in Beijing on Friday, looking at ways to reduce cybersecurity risks for the Winter Olympic Games. The 2020 Beijing Cyber Security Conference, which will…

Putin, Lukashenko discuss Belarusian detention of 33 Russians

MOSCOW – Russian President Vladimir Putin and his Belarusian counterpart Alexander Lukashenko discussed the recent detention of 33 Russian citizens in Belarus during a phone call Friday. The presidents expressed confidence that the situation will be resolved “in the spirit…

Cosmetic surgery platform takes firm hand with illegal agencies, doctors

SoYoung, China’s leading online platform for cosmetic surgery, is stepping up efforts against illegal agencies and doctors on its platform, as a part of its concerted efforts to tighten regulations in the freewheeling industry. Since May 21, SoYoung has prohibited…