Date: 19/04/2025

Author: Emma

Category:Economy

The State Council deploys multiple measures to boost consumption

Boosting consumption is crucial for expanding domestic demand and strengthening the domestic economic cycle. The executive meeting of the State Council held recently studied work related to stimulating consumption, making arrangements in various aspects such as enhancing consumption capacity, tapping into consumption potential, and creating a safe consumption environment. Only with income expectations can there be confidence in spending. The meeting emphasized the need to vigorously support residents in increasing their income, promote reasonable growth in wage income, expand channels for property income, and enhance consumption capacity. "To boost consumption, stabilizing expectations..."

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Date: 19/04/2025

Author: Emma

Category:Economy

Europe, difficult, difficult, difficult.

Recently, the new U.S. administration has been frequently issuing tariff threats. It first announced tariffs on all steel and aluminum imports, then demanded relevant departments determine "reciprocal tariffs" with each foreign trade partner, and subsequently hinted at imposing tariffs of approximately % on imported automobiles, chips, pharmaceuticals, as well as timber and forestry products. These actions have triggered strong reactions from the European Union and multiple European countries. Observers believe that the U.S. measures will severely impact key industries in Europe, disrupt markets, and...

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Date: 19/04/2025

Author: Emma

Category:Economy

No rate cut? Federal Reserve officials "turn hawkish"!

New users can click on "International Business Daily" to follow. After three consecutive interest rate cuts in the second half of the year, recently, several Federal Reserve officials have generally expressed caution in their speeches regarding the timing of further interest rate adjustments. On the [specific date], Richmond Fed President Barkin went a step further in a highly anticipated speech, sending a "hawkish" signal by suggesting that the Fed might have to raise interest rates to counter economic trends that could push inflation higher. In his speech, Barkin pointed out that over the years...

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Date: 19/04/2025

Author: Emma

Category:Economy

Wang Shouwen, the International Trade Negotiator and Vice Minister, met with Jon Moeller, Chairman, President, and CEO of Procter & Gamble.

On [date], Wang Shouwen, International Trade Representative and Vice Minister, met with Jon Moeller, Global Chairman, President, and CEO of Procter & Gamble. The two sides exchanged views on topics such as China-U.S. economic and trade relations and P&G's development in China. Wang Shouwen stated that the essence of China-U.S. economic and trade relations is mutual benefit and win-win cooperation. A stable, healthy, and sustainable economic and trade relationship between China and the U.S. aligns with the fundamental interests of both countries and is also the common expectation of the international community. At present and in the future, the shared interests between China and the U.S. in the economic and trade field are not diminishing but increasing. In accordance with the arrangements of the Third Plenary Session of the 20th Central Committee of the Communist Party of China, we will take practical and effective measures to promote industrial...

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Date: 17/04/2025

Author: Emma

Category:Economy

The national subsidy program for digital products such as mobile phones has reached its one-month mark, with over ten thousand consumers participating.

Since the implementation of national subsidies for digital products such as mobile phones began on [specific date], how effective has the policy been in its first month? He Yadong, spokesperson for the Ministry of Commerce, reported that by [specific date and time], over [specific number] consumers nationwide had applied for subsidies to purchase new digital products, including mobile phones, tablets, and smartwatches (or wristbands). He Yadong provided an update on the latest results of the consumer goods trade-in program during a regular press conference held by the Ministry of Commerce on [specific date]. He stated that as of [specific date],...

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Date: 17/04/2025

Author: Emma

Category:Economy

The National Consumption Promotion Month has been launched, with the coordinated development of Beijing, Tianjin, and Hebei stimulating new momentum for consumption.

New users can click on "International Business Daily" to follow. On [Month and Day], the [Year] National Consumption Promotion Month and Beijing-Tianjin-Hebei Consumption Season, jointly organized by the Ministry of Commerce and the governments of Beijing, Tianjin, and Hebei, officially kicked off at Shijiazhuang Wanlimiao Pedestrian Street. The event, themed "Year-Round Enjoyment, Grand Benefits for All," integrates commercial, tourism, cultural, sports, and exhibition resources from the three regions, launching over a thousand online and offline consumption promotion activities. These activities cover shopping, dining, culture, tourism, sports, and other fields, aiming to...

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Date: 17/04/2025

Author: Emma

Category:Economy

Promoting international cooperation in industrial and supply chains is an important strategic deployment to achieve win-win development

President Xi Jinping pointed out, "In the era of economic globalization, only by upholding open cooperation in global industrial and supply chains can we achieve win-win development." Over the past decades, with the deepening of economic globalization, global industrial and supply chains have grown robustly and become increasingly interconnected. All parties have become integral links in the chain of global cooperation, gradually forming a community with shared interests and a shared future, which has significantly contributed to the rapid growth of the world economy. Promoting international cooperation in industrial and supply chains is a strategic initiative by the CPC Central Committee, with Comrade Xi Jinping at its core, to balance the overarching goal of national rejuvenation with the profound changes unseen in a century on the global stage. It aligns with the trends of our times and addresses the demands of development.

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Date: 17/04/2025

Author: Emma

Category:Economy

The Strongest of the Year Emerges, Enters the Hang Seng Composite Index

On [specific date], Hang Seng Indexes Company Limited adjusted the composition of the Hang Seng Index based on market analysis. CITIC Financial Asset Management Co., Ltd. (China CITIC Financial Asset Management Co., Ltd.) became a constituent of the Hang Seng Composite Index, drawing widespread attention. **Strongest Annual Performance** Previously, on [specific date], CITIC Financial Asset Management released a "Profit Forecast." The forecast stated that the company's annual operating performance had shown significant growth—"Net profit attributable to shareholders is expected to be between RMB [X] billion and [Y] billion, compared to..."

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