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It has been two weeks since Shanghai loosened its purchasing restrictions on residential properties on December 15. Property sales in the city have seen an obvious recovery.
According to Chinese property agency Lianjia.com, the daily average sales of pre-owned apartments in Shanghai in the first week after the restrictions were loosened jumped by 27 percent compared with November. Sales cooled a little in the second week, but was still better than the period prior to the policy adjustment.
A user playing a mobile game during ChinaJoy in Shanghai, July 28, 2023. /CFP A user playing a mobile game during ChinaJoy in Shanghai, July 28, 2023. /CFP China’s gaming regulator approved a three-year-record-high number of new game licenses in 2023, sending a signal that it is supportive of the industry’s healthy growth. China’s National […]
Gamers try out games at ChinaJoy in Shanghai, July 28, 2023. /CFP Gamers try out games at ChinaJoy in Shanghai, July 28, 2023. /CFP China’s gaming industry is facing new regulations as the authorities seek to promote healthy development of the sector. The National Press and Publication Administration (NPPA) released a draft of new regulations […]
06:18 The 2024 annual meeting of the World Economic Forum will be held next week in Switzerland. In an exclusive interview, CGTN’s Guan Xin talks with Juerg Burri, the Swiss ambassador to China, about the mutually beneficial cooperation between China and Switzerland.