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YUAN TALKS

China sees first issue of local government special-purpose bonds this year, proceeds can be used in public projects that boost new-type consumption

China's Hubei provinces issued new bonds on Thursday, marking the first issuance of new local government bonds this year. Meanwhile, the authorities now allows local governments to use proceeds of…

China to offer more tax cuts, expand financing channel, increase use of high-tech to achieve high-quality development of manufacturing sector

The Chinese government are offering more tax cuts for research and development in the manufacturing sector and calling for expansion of financing channels and increased use of emerging technologies to…

Tencent net profit jumped 175% in Q4 despite Beijing’s heightening scrutiny, pledged to work closely with regulators to deliver compliant products

Chinese internet giant Tencent Holdings Ltd's revenue grew 26 per cent in the fourth quarter last year partly driven by surging revenue from online gaming business. Its revenue increased to…

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