Economy
On April 24, the People's Bank of China (hereinafter referred to as the "Central Bank") announced that, in order to maintain sufficient liquidity in the banking system, on Friday, April 25, 2025, it will carry out the operation of 600 billion yuan MLF (medium-term lending facility) in the form of fixed quantity, i ...
During this year's May Day holiday, small passenger cars with 7 or fewer seats will be allowed to pass through toll roads nationwide for free from 0:00 on May 1st to 24:00 on May 5th. It is expected that the daily average traffic volume of highways nationwide during the May Day holiday will be about 62 million vehicles, with bot ...
The People's Bank of China held a press conference on April 23 to introduce the Action Plan of Shanghai International Financial Center to Further Improve the Facilitation of Cross border Financial Services (hereinafter referred to as the Action Plan). It is reported that with the release of the Action Plan as an opportunity ...
On April 21, the People's Bank of China, the General Administration of Financial Supervision, the State Administration of Foreign Exchange, and the Shanghai Municipal People's Government jointly issued the Action Plan of Shanghai International Financial Center to Further Improve the Facilitation of Cross border Financi ...
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