Chinas A-share market has established a steady upward trend and is expected to benefit from capital market reforms and economic recovery, paving the way for a long and slow-bull market, Bank of China said on Wednesday.
As the benefits of the visa-free policy fully take effect, "China Travel" continues to gain momentum on social media platforms both domestically and internationally. The number of foreign visitors to China has seen a significant increase, effectively boosting multiple industries such as tourism, transportation, and catering.
Bank of China achieved an operating revenue of 329 billion yuan ($46.12 billion) in the first half of this year, marking a year-on-year increase of 3.76 percent, according to the bank’s 2025 interim report released on Aug 29.
Bank of China has issued an advance payment guarantee in renminbi to support a Chinese construction company undertaking New South Wales' first high-rise modular building project in Australia, marking another step in the currency's growing international use.
