China's pension fund saw a 9.03% return last year, with the total assets under management crossing 1 trillion yuan (US$152 billion).
Wuhan, the city which was hit hard by Covid-19, will hold a digital trade conference from next week, which will be the largest and the most comprehensive economic and trade event since the pandemic.
Hong Kong will launch the Greater Bay Area Youth Employment Scheme, encouraging companies with business in Hong Kong and other cities of the GBA to hire university graduates from Hong Kong, creating 400 IT jobs with basic monthly salary of no less than HK$26,000 and 1,600 other jobs.
China has launched a fund of funds for cultural industry investment with a target size of 50 billion yuan (US$7.62 billion), aiming to support the restructuring, mergers and acquisitions of cultural enterprises, facilitating the integration of cultural resources and industrial structure adjustment, and promoting the high-quality development of the cultural industry.
China will foster a market-oriented and world-class business environment underpinned by a sound legal framework, according to Chinese President Xi Jinping.
Financial support for key transportation projects will be increased in the next five years as part of China's efforts to construct a modern logistics system and foster high-quality development, according to National Development and Reform Commission (NDRC).
During the Singles' Day shopping festival in China, sales on Alibaba's e-commerce platform Tmall have exceeded 372.3 billion yuan (US$56.29 billion) from November 1 and 12:30 a.m. of November 11.
China Securities Regulatory Commission (CSRC) will launch a targeted campaign to enhance the corporate governance of listed firms, and the supervision over the exit mechanism for listed companies will be strengthened with the criteria for delisting to be fine-tuned and relevant procedures to be streamlined.
China's information and communication technology (ICT) sector is expected to continue expanding in 2021, reaching US$711.1 billion, up 9.3% from 2020.
China is advancing the construction of a innovatiion mechanism at national level, aiming to enhance the country's capability in technology innovation.
Sales of offshore duty-free shops in South China's island province of Hainan exceeded 12 billion yuan (US$1.8 billion) from July 1 to Oct 31, up 214.1% year-on-year.
The People's Bank of China supports the development of the Greater Bay Area, and will advance the implementation of cross-border cash pooling consolidating domestic and foreign currencies.