Remarkable rebound in spending over New Year holiday China issues 9.14 trln yuan new local government bonds in Jan.-Nov. Hospitality leads way as tourism industry recovers Nearly 100 Chinese cities lower mortgage rate floor for first homes Huawei's 2023 sales revenue expected to exceed 700 bln yuan Chinese-brand passenger car sales up 23.8% in first 11 months More Chinese cities record falling home prices in October China's car brand Hongqi debuts new concierge car New York Times sues OpenAI, Microsoft in copyright clash Dubai seeking Chinese travelers to celebrate New Year China's manufacturing PMI falls in December China's stock exchanges to reduce fees by 920 mln yuan in 2024 China's non-manufacturing sector maintains expansion in December BOC Serbia authorized as RMB clearing bank Zhoushan Archipelago New Area celebrates 10th anniversary Kingdee secures US$200 million Qatar investment China's property investment decreases in first 10 months Xiaomi unveils its first electric vehicle, aiming to be 'China's Porsche and Tesla' BYD obtains conditional testing license for L3 autonomous driving on high-speed roads Xiaomi CEO donates US$183m to alma mater, Wuhan University China's home prices remain stable amid policy support Singapore the highlight of overseas travel choices Shanghai handles 100 China-Europe freight trains in 2023 Selection of 2023 Shanghai Financiers begins External financial assets of China's banking sector exceed 1.4 trln USD China revises 2022 GDP growth to 3% Regulators cracking down on pricing for automobiles Qingpu New City becoming open and innovative hub ByteDance slashes jobs, confirms retreat from gaming business Despite anti-subsidy probe, China-Europe EV cooperation is expanding Tesla's new mega factory project in Shanghai officially launched Alibaba's Taobao replaces Dec 12 shopping spree with new event China accelerates construction of government-subsidized rental housing projects Pharma firms abused dominant position, says watchdog China allocates 2nd batch of funds raised by 1-trln-yuan additional gov't bonds Multinational companies flourish in Hongqiao CBD RMB moves up in global payments in November: SWIFT China's economic development zones see steady GDP growth in 2022 Cultural and creative competition seeks original content McDonald's stake reacquisition reflects confidence in Chinese market How have China's EVs managed to win hearts and minds of Europeans? China's big lenders to lower rates on existing first-home loans