The Inner Street Culture Creative Park is bustling with activity during the night market in Qingxiu district, Nanning city, Guangxi Zhuang autonomous region, on April 16, 2024. [Photo/VCG] China’s fiscal authorities will intensify efforts in areas like fully supporting sci-tech innovation and expanding domestic demand to further facilitate economic recovery, a senior official from the … Continue reading Tax policy to better support economic recovery
Tag: fiscal
Fitch’s outlook on fiscal policies wrong, ministry says
A robotic arm works on a photovoltaic module production line of a new energy company in Ordos, Inner Mongolia autonomous region, on March 21, 2024. [Photo/Xinhua] Rating Agency Fitch’s sovereign credit rating methodology and indicator system have failed to effectively and prospectively reflect the positive role of China’s fiscal policies, which are properly more proactive … Continue reading Fitch’s outlook on fiscal policies wrong, ministry says
Lenovo eyes AI opportunities with comprehensive business transformation
Yang Yuanqing, chairman and CEO of Lenovo. [Photo provided to chinadaily.com.cn] Chinese tech company Lenovo Group Ltd aims to seizes artificial intelligence opportunities with comprehensive business transformation and enhanced research and development capabilities, company chairman and CEO said. Yang Yuanqing, chairman and CEO of Lenovo, said in the face of challenges, Lenovo successfully rebounded and … Continue reading Lenovo eyes AI opportunities with comprehensive business transformation
Audi pledges to invest in electric powertrains
An Audi Q6 e-tron. [Photo/CHINA DAILY] German premium carmaker Audi will further embrace electrification thanks to its financial strength even amid technological change and heightened competition, executives said last week. Audi AG, which owns the brands of Bentley, Lamborghini and Ducati, saw its revenue increase by 13.1 percent to 69.9 billion euros ($76.24 billion) in … Continue reading Audi pledges to invest in electric powertrains