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DDN Business Insider | Boosting consumption set as economic focus in 2025: Expert eyes silver-haired economy potential

After the Central Economic Work Conference, discussions on boosting consumption and expanding domestic demand have remained hot. The meeting listed "vigorously boosting consumption, improving investment efficiency, and comprehensively expanding domestic demand" as the top priority for next year, reflecting the policymakers' deep insight into the current economic situation and forward-looking layout.

Analysis predicts low chances of interest rate cuts before end of year

The People's Bank of China (PBOC) has maintained the Loan Prime Rate (LPR) for the second consecutive month, with the one-year rate remaining at 3.10% and the five-year rate at 3.60%.

US stocks tank as Fed signals slower pace of rate cuts

U.S. stocks tumbled on Wednesday (Dec. 19), following the Federal Reserve's indication that it may reduce interest rates at a slower pace in 2025 than previously anticipated.

DDN Business Insider | Seeking progress while maintaining stability: Central government sets direction for future economic development

The highly anticipated annual Central Economic Work Conference was held from Wednesday to Thursday last week in Beijing. The conference identified nine key tasks for the upcoming year, including effectively preventing and mitigating risks in key areas and continuously pushing to stabilize the real estate market; It also emphasized the importance of doing a good job in economic work for the next year to stabilize the real estate and stock markets.

Global trade faces challenges as protectionism rises: Statistics bureau

Fu Linghui, spokesperson for the National Bureau of Statistics, stated that despite a challenging global environment and domestic economic adjustments, China's economy remains resilient with strong foundations, abundant potential, and a positive long-term outlook.

DDN Business Insider | 2024 Central Economic Work Conference: Deficit rate to further increase next year, experts say

Bloomberg reported on China's upcoming Central Economic Work Conference, where economic targets and stimulus plans for the following year will be established. Expectations are for a proactive macro policy tone. Post-announcement, Hong Kong and A-share markets have seen upward trends. What can the market expect from this year's economic work conference?

Opinion | Bracing for Trump 2.0

The verb on every leader's lip following Trump's electoral victory is "brace", as in airplane passengers bracing for a crash landing. In nearly every corner of an uneasy world, everyone is busy bracing for Trump's ridiculous resumption of power. The BRIC's are bracing for it, with Trump threatening to slap them with a 100% tariff if they dare to boycott the greenback in trade.

1-minute News | Bitcoin price surpasses US$100,000

Cryptocurrency enthusiasts worldwide are rejoicing as the price of a single bitcoin has surpassed the significant milestone of $100,000 for the first time today(Dec. 5).

BYD assembles over 30% of Apple iPad products, with over 30,000 employers focused on Apple supply chain

According to The Wall Street Journal, BYD not only holds the title of "China's electric vehicle giant", but also has a significant business in electronics manufacturing. The company has assembled over 30% of Apple iPad products.

DDN Business Insider | Global economy faces new challenges as Donald Trump wields weapon of tariffs

On November 25, local time, U.S. President-elect Donald Trump posted on TRUTH SOCIAL that he would impose a 25% tariff on all products entering the U.S. from Mexico and Canada. He also announced an additional 10% tariff on Chinese goods. Against the backdrop of sluggish global economic growth, what impact will Trump's tariff policies have on the global economy?

Mega Arts and Cultural Events fund adopts triannual application cycle

The Culture, Sports and Tourism Bureau announced on Saturday that starting from next year, the Mega Arts and Cultural Events fund will adopt a fixed operation cycle to accept applications thrice annually.

Watch This | How Chinese EV company powers global supply chain

How Chinese EV company powers global supply chain

China's manufacturing sector posts faster expansion in November

China's manufacturing sector registered faster expansion in November on government policy support, official data showed Saturday(Nov. 30).

Watch This | China's supply chain expo attracts more global partners than ever

China is holding the world's first national-level supply chain expo for the second consecutive year. Why has the expo attracted so many foreign companies, especially those from the United States? Watch the video for more details.

Salesforce says 33.6 bln USD spent online globally on Thanksgiving Day

The Thanksgiving Day on Thursday(Nov. 28) generated 33.6 billion U.S. dollars in sales online globally, an increase of 6 percent from a year ago, Salesforce said Friday(Nov. 29), adding the U.S. market alone went up 8 percent to 8.1 billion dollars, and Europe was also a standout with a growth of 10 percent.
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