China Business NOW

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program 重点提要  -China’s commerce ministry vows to proactively align with high-level international economic and trade rules and sign more FTAs to boost digital economy; -The NDRC moves to further improve coal market pricing mechanism. Here’s what you need to know about China in the past 24 hours  中国经济要...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -China's manufacturing PMI edges up to 50.2 in February, beating forecast; -The NDRC announced to replenish pork reserves as prices dropped below warning level. Here’s what you need to know about China in the past 24 hours  中国经济要闻 China's factory activity in February expanded again, wi...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -Chinese currency remains a “safe haven” for investors as it strengthened to a 4-year high; -China’s GDP per capita in 2021 surpassed world’s average. Here’s what you need to know about China in the past 24 hours  中国经济要闻 The Chinese yuan is likely to hold its strength as a safe haven f...

S : Hi everyone. Welcome to CBN Friday Special, I’m Stephanie LI. R : And I’m ZHANG Ran. It has been a cold week in Guangdong, Stephanie, how are you doing? S:  Freezing, but also excited. Do you know it snowed in Guangdong last week? As a wave of cold air hit south China, Guangdong Nanling National Nature Reserves has seen the heaviest snow since 2008. The topic gained more than 20...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -WeChat and Alipay users can still use personal QR codes to collect small-sum payments next month; -Hong Kong unveiled a HK$170 billion budget to bolster the pandemic-hit economy. Here’s what you need to know about China in the past 24 hours  中国经济要闻 Individuals can continue to use pers...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要 -China outlines tasks to advance rural vitalisation in 2022; -Construction of mobile cabin COVID-19 hospitals supported by the central government began in Hong Kong. Here’s what you need to know about China in the past 24 hours  中国经济要闻 China unveiled its "No.1 central document" for 2022 on T...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -China enriches list for cross-border e-commerce retail imports； -A nationwide pilot scheme of commercial endowment insurance dedicated to elderly care is set to roll out. Here’s what you need to know about China in the past 24 hours  中国经济要闻 In a fresh move to boost the cross-border e...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -28 Chinese cities saw new home prices edging up month-to-month in January, including all first-tier cities; -Multiple provinces have started to ramp up pork reserves to support prices. Here’s what you need to know about China in the past 24 hours   中国经济要闻 Chin...

S: Hi everyone. Welcome to CBN Friday Special, I’m Stephanie LI. R: And I’m ZHANG Ran. The Beijing 2022 Winter Olympics is coming to an end in less than three days. And today, a new-born star of China’s winter sports is celebrating his 18th birthday. Stephanie, do you know who he is? S: I think I know who that is. Today is the birthday of snowboarding prodigy Su Yiming. He etched hi...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -Rare-earth index hit a record high on Tuesday, driven by robust market demand and reduced imports; -China plans to build four national computing hubs to boost digital capacity. Here’s what you need to know about China in the past 24 hours  中国经济要闻 The price of rare earths hit a record...

Hi everyone. I’m ZHANG Ran. 大家好，我是主持人张然。 Coming up on today’s program. 重点提要  -China and New Zealand’s upgraded version of free trade agreement will come into effect in April; -China’s CPI and PPI eased in Janurary. Here’s what you need to know about China in the past 24 hours  中国经济要闻 An upgraded version of China’s free trade agreement with New Zealand will ente...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program 重点提要  -Chinese online ride-hailing platforms with serious violations could be ordered to suspend regional service and banned off from internet; -China and France signed new demonstration projects on third-party markets. Here’s what you need to know about China in the past 24 hours  中国经济要闻 Chi...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -The central bank will keep liquidity ample, leaving economists speculating an interest rates cut for a second month; -China approved Pfizer’s Covid-19 treatment for vulnerable patients. Here’s what you need to know about China in the past 24 hours  中国经济要闻 China's central bank would ke...

S:  Hi everyone. Welcome to CBN Friday Special, I’m Stephanie LI. R:  And I’m ZHANG Ran. As we enter the second week of the Beijing 2022 Winter Olympic Games, Bing Dwen Dwen, the official mascot, is as appealing to people as athletes’ performances. Today, we’ll be exploring the charm of the panda astronaut. S:  Bing Dwen Dwen is the without doubt a superstar of this year’s Winter Ol...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -China’s digital yuan charms international users at Beijing Winter Olympics for its conveniency and wide application; -The NDRC urged to establish a green energy consumption certification mechanism. Here’s what you need to know about China in the past 24 hours  中国经济要闻 China's digital c...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -China will enhance regulations of off-campus tutoring as it continues to implement “double reduction” policies; -The central bank announces eased financing rules for rental of affordable homes. Here’s what you need to know about China in the past 24 hours  中国经济要闻 China will enhance it...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -China encourages steel industry consolidation through M&As among local firms; -China's freestyle skiing star Ailing Gu won her first gold medal in a much-anticipated Winter Olympic debut. Here’s what you need to know about China in the past 24 hours  中国经济要闻 Chinese authorities rel...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要 -Bing Dwen Dwen, the cuddly mascot toy of the Beijing Winter Olympics runs out of stock as it was met with huge enthusiasm from home and abroad; -Daily covid cases in Hong Kong continue to surge amid the most severe outbreak in the city. Here’s what you need to know about China in the past 24 hours&nbs...

S : Hi everyone. Welcome to CBN Friday Special, I’m Stephanie LI. W : And I’m WEN Sixian. In today’s program, we will dwell on the “white economy,” one of the trending topics as the Beijing 2022 Winter Olympics approaches. But first of all, what is the “white economy?” S : Well, “white economy,” also known as “ice and snow economy”, refers to tourism, sports and other industries related to ice and...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -Shenzhen gets green light for next wave of reforms and opening-up; -Profits of Chinese SOEs surge 30% in 2021. Here’s what you need to know about China in the past 24 hours  中国经济要闻 China's southern tech hub Shenzhen will enjoy a number of policies conducive to advancing reforms, inclu...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -IMF cut global growth prediction with China being revised down 0.8 percent; -China issues measures to further relax market access in Shenzhen. Here’s what you need to know about China in the past 24 hours  中国经济要闻 The International Monetary Fund (IMF) on Tuesday projected the global ec...

Hi everyone. I’m Zhang Ran. 大家好，我是主持人张然。 Coming up on today’s program. 重点提要  -Strong export and weak US dollar pushed China’s yuan to a record high; -Top securities regulator bans banks to use service prices to engage in unfair competition. Here’s what you need to know about China in the past 24 hours   中国经济要闻 China's yuan jumped to a four-year high, guided by the c...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -Xi’an city ramps up COVID-19 recovery as factories, scenic spots resume work after a month in lockdown; -Chinese authorities made another call to online platforms for better protection of workers. Here’s what you need to know about China in the past 24 hours  中国经济要闻 After month-long l...

S: Hi everyone. Welcome to CBN Friday Special, I’m Stephanie LI. R: And I’m ZHANG Ran. Today’s program will dive into a topic that has drawn the eyes of the world since last year: the  Metaverse . S: Let’s start with the latest. Microsoft announced this week that it was acquiring Activision Blizzard, the maker of video games such as Call of Duty and Candy Crush, in a deal value...

Hi everyone. I’m Stephanie LI. 大家好，我是主持人李莹亮。 Coming up on today’s program. 重点提要  -China's central bank lowers one-year and five-year LPR by 10 and 5 basis points, respectively; -Top regulators set out to regulate China's platform economy. Here’s what you need to know about China in the past 24 hours  中国经济要闻 Just as widely anticipated, China’s central bank cut its b...