News & Insights Across Asia
According to the IMF’s latest report, the global economy is expected to maintain a steady growth rate of 3.2% in 2024, mirroring this year’s performance and signaling a moderate pace moving forward.
The ecological restoration of Taihu Lake in Zhejiang Province has improved water quality and sparked economic growth, boosting industries like tourism and outdoor sports.
Discover how Hainan Province in south China is redefining tourism through its booming duty-free market, attracting millions of shoppers and enhancing economic openness.
Sanya, known as the “Hawaii of the Orient,” is transforming into a hub of tourism and innovation. With its tropical charm and strategic location on Hainan Island, it is driving China’s high-quality development.
China’s total goods imports and exports grew by 5% year on year in the first quarter of 2024, signaling strong economic momentum amid global uncertainties, according to official data released on Friday.
China is transitioning to a consumption-driven economy, boosting employment, incomes, and overall vitality. This shift offers new opportunities for international businesses in the Chinese market.
China-Italy economic collaboration since 2019 has significantly boosted Italy’s development, aiding recovery post-debt crisis through key infrastructure projects and increased trade.
The Asian Development Bank has raised its forecast for China’s 2024 economic growth to 4.8%, reflecting a more optimistic outlook. Developing Asia’s growth forecast was also nudged up to 4.9%.
China’s Finance Ministry reaffirms its 3% deficit ratio for 2024 as ‘moderate’ and ‘rational’ following Fitch’s downgrade of China’s credit outlook, emphasizing commitment to economic growth and credit standing.
China’s economy grew by 5.2% in 2023, with consumption, exports, and investment driving growth. Retail sales reached 47.15 trillion yuan, highlighting the resilience of China’s consumer market.
Yunnan Province surpasses three trillion yuan in economic output, embracing green development and cultural prosperity. Discover how “Colorful Yunnan” balances modernization with tradition.
China’s GDP is projected to grow by 5.3% in 2024, according to AMRO’s latest report, highlighting a positive economic outlook for the Chinese mainland and the ASEAN+3 region.
China experienced a significant surge in travel and consumption during the Qingming Festival holiday, with domestic trips and revenue exceeding pre-pandemic levels, highlighting a strong economic rebound.
China’s Hainan province is transforming into the world’s largest free-trade port, boosting employment opportunities through favorable policies, visa-free agreements, and development initiatives.
China’s central bank pledges to intensify monetary policy implementation, focusing on adequate liquidity and supporting businesses and individuals.
Guangdong-Hong Kong-Macao Greater Bay Area’s economic output exceeded 14 trillion yuan ($1.97 trillion) in 2023, marking significant growth and highlighting its role in China’s economy.
Global leaders gathered in Beijing for the China Development Forum on March 24-25, discussing how China’s continuous development offers opportunities and dynamism to the global market. Chinese Premier Li Qiang emphasized commitment to sustainable growth through openness.
At the Boao Forum for Asia 2024, China showcased its leading role in driving Asia’s economic growth and stability, emphasizing deeper global integration and regional collaboration.
International cruise routes from Sanya, south China’s Hainan Province, have resumed after over three years, revitalizing the island’s tourism sector and boosting the local economy.
A new UNEP report reveals that over 1 billion tonnes of food were wasted globally in 2022, threatening efforts to eradicate hunger, reduce poverty, and combat environmental pollution.