On April 28, Zhao Chenxin, deputy director of the National Development and Reform Commission, said at the press conference of the State Information Office on April 28 that the establishment and implementation of the childcare subsidy system, the creation of special project re-loan tools, and the increase of support for service consumption and the elderly care industry.
According to CNN, the US Department of Defense has suspended the implementation of a large-scale layoff plan.
In order to implement the relevant agreements approved by the State Council, the State Administration of Financial Supervision recently issued the "Notice on Matters Related to the Opening of Bank Card Business by Mainland Branches of Hong Kong and Macao Banks" (hereinafter referred to as the "Notice"), which will come into effect on March 1, 2025. The "Notice" clarifies the relevant matters involved in the opening of bank card business by mainland branches of Hong Kong and Macao Banks. First, i...
On February 20th, on the afternoon of February 20th, the Ministry of Commerce held a regular press conference. Reporter: US President Trump signed a memorandum on the 13th, requiring relevant departments to determine "reciprocal tariffs" with each foreign trading partner. What is the spokesperson's comment on this, and is China ready to respond? He Yadong, a spokesperson for the Ministry of Commerce, said that China has noticed that the US has recently announced that it has implemented so-called...
According to CryptoSlate, annualized inflation in Solana has risen by 30.5% since the implementation of the new priority fee allocation mechanism on February 12. The amount of SOL burned per day has decreased from nearly 18,000 SOL to 1,000 SOL. Blockworks researcher Carlos Gonzalez Campo said that Solana Improvement Proposal 96 (SIMD96), which allocates the entire priority fee of the network to validators and is no longer used for token destruction, has caused the annualized inflation rate to r...
On February 19, the General Office of the State Council issued a notice on forwarding the "2025 Action Plan for Stabilizing Foreign Investment" of the Ministry of Commerce and the National Development and Reform Commission. The "Plan" proposes to implement the requirements for the complete cancellation of foreign investment access restrictions in the manufacturing sector. For areas outside the negative list of foreign investment access, foreign investment access will be managed in strict accorda...
On February 18, Pan Gongsheng, Governor of the People's Bank of China, was invited to attend the seminar on emerging market economies jointly hosted by the international monetary fund and Saudi Arabia, and delivered a keynote speech. Pan Gongsheng pointed out that in 2024, China's economy continued to recover and achieve the annual economic growth target of 5%. Especially since late September last year, the Chinese government has launched a package of incremental policies, which effectively boos...
President Trump signed an order to implement reciprocal tariff actions.
President Trump: There is big news today about reciprocal tariffs.
President Trump said there would be big news today about reciprocal tariffs.
South Korea's Financial Services Supervisory Authority (FSS) plans to implement new measures aimed at preventing wild price swings of cryptocurrencies after they are listed on exchanges. The decision was made after observing significant price swings for the Movement (MOVE) token, which went live in December. South Korea's Financial Services Supervisory Authority (FSS), in collaboration with crypto exchanges, the Digital Asset Exchange Alliance (DAXA), and outside experts, has set up a special pr...
The Ministry of Commerce and the General Administration of Customs implement export controls on items related to tungsten, tellurium, bismuth, molybdenum, and indium.
On February 4th, Q: On February 4th, the Ministry of Commerce and the General Administration of Customs jointly issued an announcement on export control of tungsten and other items. What are the considerations for China's introduction of export control policies this time? A: On February 4th, the Ministry of Commerce of China, together with the General Administration of Customs, issued an announcement on the implementation of export control on tungsten and other related items, and imposed export ...
Economists say the Federal Reserve could pause interest rate cuts for the foreseeable future if the U.S. ultimately imposes and maintains new tariffs. Click to view...
Mexican President Shinbaum: US tariffs will be delayed by one month.