White Loquats Bring Prosperity to Xizang’s Metok County
White loquats have become a lucrative cash crop for Metok County in southwest China’s Xizang Autonomous Region, bringing prosperity and recognition to this once remote area.
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Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
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American Perspectives on China’s Technological Rise: A Cross-Cultural Exploration
An exploration of American perspectives on China’s technological advancements, highlighting growing familiarity with Chinese brands and a shared interest in global collaboration and sustainability.
Argentina’s Poverty Rate Soars to 20-Year High Amid Austerity Measures
Argentina’s poverty rate has soared to a 20-year high due to austerity measures under President Javier Milei, severely impacting low-income communities and overwhelming soup kitchens.
NPC Deputy Kenneth Fok Highlights National Support Boosting Hong Kong Tourism
NPC Deputy Kenneth Fok Kai-kong emphasizes that Hong Kong’s tourism success is closely linked to the country’s strong support, highlighting the significant role of national measures in boosting the industry.
New Hope Group Chairman Urges Boost for China’s Private Sector Vitality
New Hope Group Chairman Liu Yonghao emphasizes the need to enhance the vitality of China’s private enterprises, echoing Premier Li Qiang’s commitment to support private sector growth.
Crises ‘Not Always Bad’: Sany Heavy Industry’s Strategic Vision
Sany Heavy Industry Chairman Xiang Wenbo sees crises as opportunities, outlining a strategic focus on globalization, decarbonization, and digitalization to navigate challenges.
China’s Booming Silver Economy: Opportunities in an Aging Population
China’s silver economy is booming as the nation’s aging population grows. Businesses are seizing opportunities in healthcare, travel, and technology to meet the diversified needs of the elderly.
CAEXPO 2024 to Invite Gulf Countries as Special Partners, Announces CPPCC Member
CPPCC member Wei Zhaohui announces CAEXPO 2024 will invite Gulf countries as special partners, promising innovation and expanded collaboration.
China Sets 2024 GDP Growth Target at Around 5%, Signals Confidence Amid Global Uncertainties
China has set its 2024 GDP growth target at around 5 percent, signaling confidence in its economic resilience amid global uncertainties. The pragmatic goal balances ambition with caution in volatile times.
China Accelerates Innovation Drive to Modernize Industries in 2024
China will accelerate innovation in 2024 to modernize its industrial system and foster new quality productive forces, focusing on technology and strategic emerging industries like hydrogen power and AI.
British Firms Invest Heavily in China’s Booming High-End Market
British firms are significantly increasing investments in China’s high-end market, with investments up 81% in 2023. Harrods and Gordon Ramsay lead this trend, tapping into China’s growing affluent population.
China’s ‘Around 5%’ GDP Growth Target for 2024 Reflects Pragmatic Approach
China has set a GDP growth target of ‘around 5%’ for 2024, reflecting a pragmatic approach to sustaining economic development and addressing global economic challenges.
China Accelerates Industrial Modernization to Foster New Growth Engines
China announces plans to modernize its industrial system and accelerate the development of new quality productive forces, focusing on high-end industries and digital transformation.
China’s Per Capita Disposable Income Rises by 6.1% in 2023, Narrowing Urban-Rural Gap
Chinese Premier Li Qiang reports a 6.1% increase in per capita disposable income in 2023, with rural areas seeing an 8.4% rise, signaling a narrowing income gap between urban and rural residents.
China Sets Ambitious 5% GDP Growth Target for 2024
China announces a GDP growth target of around 5% for 2024, as Premier Li Qiang outlines key economic goals at the 14th National People’s Congress in Beijing.
China Expresses Concern Over U.S. Investigation into ‘Connected’ Vehicle Exports
China expresses grave concern over the U.S. investigation into China-made vehicles with “connected” technology, urging respect for market principles and warning against protectionist practices that could disrupt global supply chains.
China’s Economy Surges Ahead of Expectations as Consumer Demand Soars
China’s economy is exceeding initial forecasts as domestic consumer demand boosts growth. As leaders meet on March 5, increasing purchases of personal devices, cars, and smart home products drive the surge.
China’s Underground Pipeline Overhaul: Chongqing Leads the Way
China plans to renovate over 100,000 km of underground pipelines annually. Chongqing leads this massive undertaking, modernizing infrastructure and boosting economic growth.
China Unveils New Policies to Attract Foreign Investment
China introduces new policies to attract foreign investment, enhancing its business environment and signaling a commitment to deeper global economic integration.
Decoding China’s AI Industry: CGTN Showcases Key Figures with AI Technology
Artificial intelligence is transforming China’s industries and daily life. CGTN has used AI to generate posters highlighting key figures in China’s AI sector.