China business news

Here are some recent China business news updates:

Economy

• China's economy grew 6.1% in 2020, the lowest rate in nearly three decades, according to official data. (Source: Xinhua)
• The Chinese government has set a growth target of around 6% for 2021, as it seeks to stabilize the economy and create jobs. (Source: Bloomberg)

Technology

• Alibaba Group Holding Ltd. has launched a new e-commerce platform in China, targeting small and medium-sized enterprises. (Source: Reuters)
• Tencent Holdings Ltd. has acquired a majority stake in Chinese gaming company, Supercell. (Source: The Verge)

Finance

• The Chinese government has announced plans to relax restrictions on foreign investment in the country's financial sector. (Source: Financial Times)
• The Shanghai Stock Exchange has launched a new index tracking the performance of Chinese companies listed in Hong Kong. (Source: South China Morning Post)

Trade

• The United States and China have reached a deal to phase out tariffs on each other's goods, as part of a broader trade agreement. (Source: CNBC)
• China has announced plans to increase its imports of US agricultural products, as part of efforts to reduce its trade deficit with the US. (Source: Reuters)

Industry

• China's automotive industry has seen a significant decline in sales in recent months, due to the COVID-19 pandemic and increased competition from electric vehicles. (Source: Automotive News)
• The Chinese government has announced plans to invest heavily in the country's renewable energy sector, as part of efforts to reduce its reliance on fossil fuels. (Source: Bloomberg)

Startups

• Chinese ride-hailing company, Didi Chuxing, has raised $500 million in funding from investors, valuing the company at over $60 billion. (Source: TechCrunch)
• Chinese e-commerce company, Pinduoduo, has raised $1.1 billion in funding from investors, valuing the company at over $100 billion. (Source: Bloomberg)

Regulation

• The Chinese government has announced plans to introduce new regulations on the country's tech sector, aimed at reducing monopolies and promoting fair competition. (Source: The Wall Street Journal)
• The Chinese government has launched an investigation into the country's largest private education company, New Oriental Education & Technology Group, over allegations of monopolistic practices. (Source: Reuters)

These are just a few examples of recent China business news. If you're looking for more information, I'd be happy to help!