UN Projects Global Economy to Hold Steady at 2.8% in 2025
A UN report projects global economic growth to remain at 2.8% in 2025, highlighting ongoing uncertainties due to geopolitical conflicts, trade tensions, and elevated borrowing costs.
News & Insights Across Asia
A UN report projects global economic growth to remain at 2.8% in 2025, highlighting ongoing uncertainties due to geopolitical conflicts, trade tensions, and elevated borrowing costs.
China’s ‘trade-in for new’ policy continues to boost consumer activity in 2025, with Taiyuan City offering 20% government subsidies on purchases, leading to a surge in consumer spending.
China’s CPI rose 0.2% year on year in 2024, signaling stable economic growth and controlled inflation, official data shows.
China expands its consumer goods trade-in program for 2025, adding more home appliances and increasing subsidies to boost domestic demand and spur economic growth.
The 20th China Expo Forum for International Cooperation (CEFCO) in Tianjin is a pivotal platform accelerating China’s economic growth and transforming the global exhibition industry.
China embarks on a strategic path to coordinate demand expansion with supply-side reforms, aiming for balanced and sustainable economic growth.
China aims to harmonize an efficient market with an effective government to foster sustainable economic growth, as emphasized at the Central Economic Work Conference.
Xinjiang has transformed into a beacon of prosperity and peace, showcasing remarkable economic growth and cultural harmony in China’s northwest.
China enhances its railway network by adding hundreds of new passenger and freight trains, aiming to improve convenience, boost freight capacity, and integrate regional economies.
China has established a new division for the low-altitude economy, marking a strategic move to boost growth in aviation, tourism, and logistics by tapping into airspace below 1,000 meters.
Pingyu County in central China’s Henan Province has emerged as a global hub for outdoor leisure products, with its industry surpassing an output value of 10 billion yuan in 2024 and exporting to over 60 countries.
China will increase the issuance of ultra-long special treasury bonds in 2025 to support large-scale equipment upgrades and consumer goods trade-in programs, boosting investment and consumption.
China reaffirms its commitment to promoting free trade in the Asia-Pacific under the RCEP, aiming for shared prosperity and regional economic growth.
China’s economy in 2024 showcased remarkable resilience, achieving significant strides in high-quality development through technological innovation, increased R&D investment, and strategic industrial upgrades.
China’s tourism sector experienced a significant boost during the 2025 New Year’s holiday, with both inbound and outbound travel surging and contributing to economic vibrancy.
China aims to expand its high-speed rail network to 60,000 kilometers by 2030, up from 48,000 km in 2024, according to China Railway, marking a significant boost to the nation’s infrastructure.
International friends share their experiences in China, praising the nation’s remarkable achievements in economic growth, green development, and social progress.
China emerges as a pillar of stability in 2024’s turbulent times, promoting global peace through economic development initiatives like the Belt and Road and empowering the Global South.
Chinese President Xi Jinping’s 2025 New Year address highlights China’s unique path to modernization, emphasizing rapid economic growth, technological innovation, and social stability.
China invests a record 1.35 trillion yuan ($188 billion) in water conservancy projects in 2024, enhancing flood control and water supply across the nation.