Taihu Lake’s Ecological Revival Spurs Economic Growth in Zhejiang Province
The ecological restoration of Taihu Lake in Zhejiang Province has improved water quality and sparked economic growth, boosting industries like tourism and outdoor sports.
Economic Growth
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Hainan’s Duty-Free Boom: How China’s Tropical Paradise is Redefining Tourism
Discover how Hainan Province in south China is redefining tourism through its booming duty-free market, attracting millions of shoppers and enhancing economic openness.
Discover Sanya: China’s Tropical Paradise and Economic Star
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 Foreign Trade Climbs 5% in Q1 2024, Official Data Shows
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 Embraces Consumption to Fuel Economic Growth
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 Boosts Italian Development
China-Italy economic collaboration since 2019 has significantly boosted Italy’s development, aiding recovery post-debt crisis through key infrastructure projects and increased trade.
ADB Raises China’s 2024 Growth Forecast to 4.8%
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 Defends 3% Deficit Ratio Amid Fitch Downgrade
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 Consumer Market Shows Resilience Amid Economic Growth
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’s Path to Green Development and Cultural Prosperity
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 Growth Projected at 5.3% in 2024, Says AMRO Report
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’s Qingming Festival Sees Surge in Travel and Spending, Signaling Economic Rebound
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.
How Hainan’s Free Trade Port is Creating Employment Opportunities
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 Vows to Intensify Monetary Policy Implementation
China’s central bank pledges to intensify monetary policy implementation, focusing on adequate liquidity and supporting businesses and individuals.
Greater Bay Area’s Economic Output Nears $2 Trillion in 2023
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 Seek New Momentum at China Development Forum
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.
China’s Resurgence at BFA 2024: Leading Asia’s Economic Stability
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.
Enchanting Hainan: Resurgence of the Cruise Economy Boosts Tourism
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.
UNEP Report Warns Global Food Waste Threatens Economic Growth and Sustainability
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.
Strengthening China-Australia Ties Unveil New Economic Opportunities
China’s foreign minister’s visit to Australia signals strengthening ties, unveiling significant economic opportunities. David Olsson discusses how China’s high-quality growth benefits Australian businesses.