Biz China Weekly

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Positive economic signs corroborate China's reform bid

Despite tempered growth, China's economy is witnessing some positive changes, notably better structure and different growth pace in its traditional and new sectors.

Trade

Companies from China and Africa signed 39 deals worth around 17 billion U.S. dollars on Thursday.

In-depth

  • Deepening fundamental reforms of China's state-owned enterprises (SOEs) is key to cutting industrial overcapacity, according to experts.

  • China's State Council called for the speeding up of major infrastructure projects and the increasing of private investment to stabilize growth, on Wednesday.

Focus

As China's economy faces continued downward pressure and settles into a "new normal" stage, supply-side structural reform becomes ever more important.

China unveiled its first nationwide regulation on on-demand mobility (ODM) services Thursday, granting legal status to the industry.

China's crude oil imports hit a record high in the first half of 2016 despite an economic slowdown, and analysts largely attributed the surge to low prices, not strategic maneuvering.