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Fifth Economic Census Shows Rise in Businesses and Revenue
China’s National Bureau of Statistics (NBS) and the State Council published the results of the fifth economic census on December 26, 2024.
Safeguard Investigation into Imported Beef Launched
China’s Ministry of Commerce announced a WTO safeguard investigation into imported beef on December 27, 2024.
Chinese, US Governments Renew Deal on Science and Technology
China’s Science and Technology Ministry announced on December 13, 2024 that the Chinese and American governments have signed a protocol to amend the Agreement Between the United States and China on Cooperation in Science and Technology (STA) and extend it for additional five years, effective as of August 27, 2024.
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Central Bank Reveals Priorities for 2025
The People’s Bank of China (PBoC) revealed its 2025 priorities on January 4, which include implementing a “moderately loose monetary policy.”
C919 Passenger Jet Starts Route to Hong Kong
China’s first domestically designed and manufactured passenger aircraft, the C919, is flying a new regular commercial route from Shanghai to Hong Kong as of January 1, 2025.
China-Maldives Free Trade Zone Opens
China’s commerce minister Wang Wentao and his counterpart in the Maldives, Mohamed Saeed, announced in a video meeting on December 30, 2024 that the China-Maldives Free Trade Zone Treaty would take effect as of January 1, 2025.