Biz China Weekly

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Optimism returns to China's economy

Those who worry about the state of the Chinese economy can relax, as recent economic indicators suggest the good times are back.

Macro

China's cabinet has released reform measures to step up support for innovation and entrepreneurship, and improve government service.

In-depth

  • Apple needs to inject a new catalyst into the market with a completely new design to boost sales as its Chinese rivals are grabbing larger market shares.

  • China's invention patent ownership is expected to increase from 6.3 per 10,000 people in 2015 to 12 per 10,000 in 2020.

Industries

China's bike-hire companies have 16 million bikes on streets and employ about 100,000 people, according to the State Information Center(SIC).

China plans nationwide use of bioethanol gasoline in its road vehicles by 2020 to cut emissions and fossil fuel consumption.

China will further open industries including the financial and new energy vehicle sectors to foreign investment in the second half of this year, the country's top economic planner said.