China’s smartphone market grows 6.5% in Q1

Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. [Photo by Wang Gang/For China Daily] China’s smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by … Continue reading China’s smartphone market grows 6.5% in Q1

China’s smartphone market grows 6.5% in Q1

Customers try smartphones in the Pura 70 series at a Huawei retail store in Shanghai on April 19. [Photo by Wang Gang/For China Daily] China’s smartphone market saw shipments reach about 69.26 million units, an increase of 6.5 percent in the first quarter of 2024 on a yearly basis, according to a latest report by … Continue reading China’s smartphone market grows 6.5% in Q1

Mainland shares getting back on track

Investors check share prices at a securities brokerage in Shanghai. [Photo/China News Service] Foreign investors’ rising interest in Chinese mainland equities — their exposure to A shares has increased recently — can be attributed to the obvious value of the stocks and China’s continued efforts to optimize its capital market structure, said market mavens and … Continue reading Mainland shares getting back on track

PBOC head calls for IMF quota reform

Pan Gongsheng, governor of the People’s Bank of China, speaks at the Boao Forum for Asia Annual Conference 2024, March 27, 2024. [Photo/VCG] Asian countries should cooperate with each other to push the reform of the quota system of the International Monetary Fund, in order to better reflect the status of Asian countries in the … Continue reading PBOC head calls for IMF quota reform

New board for niche sector SMEs begins trading

The new board for small and medium-sized companies specializing in niche sectors, commanding high market share and boasting strong innovation capacity started trading at the Shanghai Equity Exchange on Monday, with the first batch of 162 companies successfully floated. The new board is directly connected to the China Securities Regulatory Commission, the country’s top securities … Continue reading New board for niche sector SMEs begins trading