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  3. Business
    China's former central bank governor warned of the negative effects arising from prolonged monetary easing in some advanced economies, as asset prices are rising to record highs.
    It is in the interests of China and the United States for their bilateral economic and trade relations to return to normal, because otherwise the outcomes will be negative for the two countries and the global economy, Chinese experts said on Thursday.
    China has the confidence, capabilities and the right conditions to realize its annual target of socioeconomic development; what is more, the economy, although facing headwinds, remains on a stable track, the country's top economic regulator said on Thursday.
    STOCK INDICES
    Shanghai Composite 2789.25 3.40% 16/03
    Shenzhen Composite 10253.28 5.34% 16/03
    Hang Seng 23063.57 4.03% 16/03
    Nikkei Average 17002.04 2.46% 16/03
    Dow Jones 20188.52 12.93% 16/03
    Nasdaq 6,904.59 12.32% 16/03

     

    After going virtual on three occasions due to the impact of COVID-19, China's renowned Canton Fair is returning to the physical world with a resumption of offline activities.
    Foreign firms are striving to tap into China's services sector as they continue to see robust demand amid the country's opening-up efforts.
    With just one click on the computer, underground coal shearers, conveyors, and equipment alike are immediately plugged in, and their real-time images and data flicker across the screen, pumping the hidden "black gold" up to the planet's surface.
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