A Beneficial Cut

China's central bank's new cut in the reserve requirement ratio (RRR) for small and medium-sized banks will boost supply-side structural reform in the financial sector at a time when the economy is slowing down in its transition from high-speed growth to high-quality development, market experts said.     

A Positive Cut

正China shortens negative lists to widen market access for foreign investorsU.S.electric carmaker Tesla's CEO Elon Musk must be a happy man with the company's second quarter (Q2) performance in China proving his wisdom in choosing the Chinese market     

A Cut Above the Rest

Qingdao, or Tsingtao, as spelled in the old-fashioned Wade-Giles Romanization system, is a port city in east China about 780 km from Beijing. Located in eastern Shandong Province, where     

The Kindest Cut

ACUPUNCTURE, the procedure of inserting needles into points （hence acupuncture points） on one＇s body to relieve pain, is a centuries-old .medical practice that originated in China.     

Study Burden Cut

正Primary and junior-high school students and their parents across the country have seen some changes since the new school year started on September 1. Students have less homework, and their parents no longer need to correct the homework of their children. At the same time, the number of after-school tutoring institutions for primary and junior-high school students is reducing.     

Cut the Fat

As the Central Government attempts to reduce official spending, the public remains hungry for details China’s Central Government has drawn up a budget of nearly 7.97 billion yuan ($1.29 billion) for official receptions, overseas trips and vehicles in 2013, 126 million yuan ($20 million) less than the amount spent in 2012, following the government’s vow to clamp down on extravagance. Leading by example Hunting for details     

Deciphering the RRR Cut

When the People’s Bank of China(PBC),China’s central bank,cut commercial banks’reserve requirement ratio(RRR)by 0.5 percentage point on January 6,a move expected to unleash 800 billion yuan($115 billion)in the market,many read it as a sign of China relaxing its monetary policy.The central bank’s efforts were seen as an attempt to stabilize the economy amid the economic slowdown.     

RRR Cut Aims to Redirect Capital Flows

<正>Beset with troubles in both domestic and international markets,the People’s Bank of China(PBC),the country’s central bank,finally cut the reserve requirement ratio(RRR)for all financial institutions by 0.5 percentage points on February 5.An additional targeted RRR cut of 0.5percentage points also took effect for city and rural commercial banks with sufficient exposure to small and medium-sized enterprises.The     

Needless to Read Too Much Into Rating Cut

International rating agency Moody's Investors Service downgraded China's long-term local currency and foreign currency issuer ratings to A1 from Aa3 and changed the outlook to stable from negative on May 24. Officials from China's Ministry of Finance, the National Development and Reform Commission and the Ministry of Commerce as well as many economists expressed disagreement with the agency's rating immediately after the downgrade announcement. As a matter of fact, it's unnecessary to react so intensively to the downgrade by Moody's because the fairness, professionalism and influence of the agency are questionable.     

Cut and Thrust Reducing subsidies to new-energy vehicles seeks to spur the development of the industry

正A reduction in subsidies for new-energy vehicles(NEVs)has been officially confirmed,with some observers predicting that the industry could face challenges following the reduction and ultimate cancel ation of favorable policies.“The reduction of NEV subsidies is imperative,”said Miao Wei,Minister of Industry and Information Technology,at the China     

A CHANCE FOR A RESET

The spread and effects of the novel coronavirus disease 2019(COVID-19)have been so rapid and widespread that attempting to make sense of what is happening,let alone write about it,has often been an exercise in frustration at best and futility at worst.Case numbers,industry shutdowns,retail closures,markets dropping,economic disruption,supply chain disruption,geopolitical implications-news on all of this and more is rolling in and changing on an hourly basis.     

A TRAP WITHIN A TRAP

China’s economy is entering a new stage after its per-capita GDP surpassed$10,000 in 2019,according to official figures released by the National Bureau of Statistics on January 17.This means that the country faces a critical moment as it confronts the challenge of escaping the so-calledmiddle-income trap(MIT)and becoming a true high-income country.     

A Winner and A Loser

Challenges and opportunities in China’s PV industry China has been a major player in changing the global photovoltaic (PV) landscape in the past decade. In 2002, Japan,     

A Friend and A Business Partner

This year marks the 45th anniversary of the establishment of diplomatic ties between the People's Republic of China and the Federative Republic of Brazil. Holding the rotating presidency of BRICS this year, Brazil will also host the BRICS Summit in November. In an exclusive interview to Beijing Review, Brazilian Ambassador to China Paulo Estivallet de Mesquita shared his views on the rapidly growing relationship between the two countries.     

FORGING A BRIDGE WITH A BRUSH

正One former UN program manager explains how calligraphy reflects the roots of Chinese culture After setting up the Chinese calligraphy class at the UN in 2011,Yong Ho,former Chinese Language Supervisor of the UN,instinctively knew the task at hand was a challenging one.     

A Cold Winter and A Warming Earth

As Arctic winds blow over North America,Europe and East Asia,many parts of north China have also been struggling through snowstorm after snowstorm during the coldest winter in decades.