Economic developing countries news coverage

China’s top economic planner to increase support for private firms

The National Development and Reform Commission (NDRC) said 0n Tuesday that it will help private enterprises to make contributions to major national strategies, enhance security capacities in key areas, and participate in large-scale equipment upgrades and consumer goods trade-in programs. This move follows a high-profile symposium focusing on private enterprises held on 17th February, which […]
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Ambassador Zheng Zeguang holds Chinese New Year reception for British academicians and experts

As the Chinese New Year approaches, H.E. Ambassador Zheng Zeguang hosted a Chinese New Year reception on 7 January to celebrate the traditional Chinese Laba Day and the Chinese New Year.  The representatives from British members of the Chinese Academy of Sciences (CAS) and the Chinese Academy of Engineering (CAE), winners of the Chinese Government […]
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Shein lawyer refuses to say if it uses Chinese cotton

Fashion retailer’s representative claims she is not qualified to answer questions from MPs about supply chain A senior lawyer representing Shein has repeatedly refused to say whether the company sells products containing cotton from China, prompting an MP to brand her evidence “ridiculous”. Yinan Zhu, general counsel for the fast-fashion giant, confirmed its suppliers did […]
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China extends visa-free transit stays to 10 days, with new transit policy fully relaxed and optimized

China announced on Tuesday a relaxation of its visa-free transit policy, extending the permitted stay for eligible foreign travellers to 240 hours, or 10 days, from the original 72-144 hours, as authorities aim to lure more foreign visitors. The measure, which is effective immediately, was announced by the National Immigration Administration (NIA) on its official […]
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