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Tourism · ChinaBEIJING (Reuters) – China on Tuesday unveiled measures to boost services consumption, pledging to further open sectors such as internet and culture and to encourage the hosting of international sports events, in a bid to support the slowing economy. The measures, jointly released by nine government agencies including the commerce ministry, finance ministry and central bank, also pledged to attract more foreign and private capital to fields such …See the Story
China Unveils Measures to Boost Services Consumption and Spur Growth
Coverage: 2 sources

Technology · Hong KongChinese technology shares rallied on Wednesday as renewed AI bets lifted a major Hong Kong index to a near four-year high. The Hang Seng Tech Index rose 4.2% to its strongest close since November 2021. Baidu Inc. led the advance with a 16% gain, while Alibaba Group Holding Ltd., Semiconductor Manufacturing International Corp., and JD.com Inc. also climbed sharply. The index has marked the 7th straight week in gains due to easing tensions between…See the Story