Xi Jinping’s Rizhao Visit Highlights Smart Port Development and Marine Ecology
Chinese President Xi Jinping’s visit to Rizhao highlights the pivotal role of smart port development and marine ecological restoration in China’s sustainable future.
China Economy
Read More
Chinese Premier Li Qiang Urges Financial Sector to Bolster Real Economy
Chinese Premier Li Qiang has emphasized the crucial role of the financial sector in supporting the real economy, outlining a strategy to promote high-quality development and ensure financial stability.
Xinjiang’s Economic Growth Surges, Boosting Global Trade Links
Xinjiang Uygur Autonomous Region in northwest China has reported significant economic growth, with key indicators ranking among the top five nationwide, boosting its role in global trade and development.
China Maintains Benchmark Lending Rates Amid Real Estate Policy Shifts
China’s central bank keeps benchmark lending rates unchanged in May, maintaining the one-year LPR at 3.45% and the over-five-year LPR at 3.95%. Experts highlight potential impacts on the real estate market.
China’s Shift from High-Speed to High-Quality Growth Boosts Economic Momentum
China’s economy is showing strong momentum as it transitions from high-speed to high-quality growth, with domestic consumption driving economic expansion and experts confident in its future prospects.
China’s Shift from High-Speed to High-Quality Growth Impresses Economists
China is shifting from high-speed to high-quality growth, showcasing stability and resilience. Analysts remain confident in China’s potential, emphasizing the significant role of domestic consumption.
China’s Second-Hand Platforms Emerge as Youth Culture Hubs
Second-hand trading platforms in China are transforming into cultural hubs for youth, fostering communities where young consumers connect over shared interests and sustainable practices.
President Xi Jinping Calls for Advancement of China’s Tourism Industry
Chinese President Xi Jinping emphasizes the need to enhance modern tourism systems and build China into a strong tourism nation, highlighting the industry’s role in economic development and cultural exchange.
China Reduces Mortgage Rates to Boost Housing Market
China’s central bank reduces mortgage interest rates to boost the housing market and support economic growth, making home ownership more accessible and stimulating investment.
Fujian’s Economic Surge: A Decade of High-Quality Growth in Southeast China
Fujian Province in southeast China has doubled its GDP over the past decade to 5.4 trillion yuan, emerging as a leader in manufacturing, marine economy, and digital transformation.
China’s April Economic Data Signals Continued Recovery and Growth
China’s economy continued its steady recovery in April, with industrial output growing by 6.7% year-on-year and retail sales increasing. Experts predict stronger consumption momentum in May.
SCIO Briefs Media on China’s April Economic Performance
The State Council Information Office of China held a press conference on the national economic performance for April, with Liu Aihua from the National Bureau of Statistics addressing the media.
Foreign Enterprises Boost Investment in China’s Growing Market
Foreign-funded enterprises are increasingly optimistic about China’s economic prospects, with new investments rising significantly. High-tech industries and emerging sectors like new energy vehicles are attracting foreign capital.
PBOC Reports Balanced and Effective Q1 Monetary Policy Boosting Economic Recovery
The People's Bank of China reports a balanced and effective monetary policy execution in Q1, fostering economic recovery with measures ensuring sufficient liquidity and reduced financing costs.
Hangzhou Lifts All Restrictions on New Housing Purchases
Hangzhou has lifted all restrictions on new housing purchases, allowing more individuals to buy property and apply for permanent residence, in a move aimed at stimulating economic growth.
China’s Holiday Spending Surges: AI Reveals Recovery Trends
China’s Labor Day Holiday spurred a significant surge in consumer spending and tourism, both domestically and internationally. AI data reveals key recovery trends influencing the global economy.
Labor Day Travel Trends Boost China’s Economy
China’s thriving holiday economy sees a remarkable surge during Labor Day, with travel trends boosting economic growth and highlighting shifts in consumer behavior.
China’s Q1 2024 Growth Surpasses Expectations with 5.3% Rise
China’s economy grew by 5.3% in the first quarter of 2024, exceeding market expectations and indicating a potential rebound. Growth was fueled by expansionary monetary and fiscal policies.
China’s Factory Activity Continues Expansion in April Amid Ongoing Recovery
China’s manufacturing PMI remained in expansion at 50.4 in April, signaling ongoing recovery as industrial activity continues to grow.
Hebei Governor Wang Zhengpu Accelerates High-Quality Development in New Era
At a press conference held by China’s SCIO, Hebei Governor Wang Zhengpu outlined plans for high-quality development, emphasizing innovation, sustainability, and regional collaboration to boost the province’s growth in the new era.