New national development fund to promote green finance
The Finance Ministry is working on a scheme to set up a national development fund for green finance, said Yang Weimin, deputy director of the Leading Group for Financial and Economic Affairs, Xinhua news agency reported.
Global brands prepare for Double Eleven shopping day
International brands have shipped their popular products to warehouses in the China Bonded Area to prepare for the upcoming Double Eleven Shopping Festival, Beijing Youth Daily reported.
China can be a high-income country by 2023: economist
China will escape the middle-income trap and become one of the high-income countries recognized by the World Bank by 2023, said Xu Hongcai, an economist from the China Center for International Economic Exchanges, the 21st Century Business Herald reported.