 
  China’s Pivotal Role Amid Global Challenges
Amid global challenges, China’s significant role in fostering inclusive growth through initiatives like the Belt and Road offers hope for a more balanced future.
News & Insights Across Asia
 
  Amid global challenges, China’s significant role in fostering inclusive growth through initiatives like the Belt and Road offers hope for a more balanced future.
 
  China’s 2024 government work report sets a GDP growth target of ‘around 5%’, emphasizing economic stability, innovation, and high-quality development. The report outlines key initiatives in finance, stimulus, technology, and opening-up.
 
  Hong Kong’s Financial Secretary Paul Chan unveils the new Budget, focusing on bolstering confidence, stimulating economic growth, and revitalizing markets through strategic initiatives and collaborative efforts.
 
  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.
 
  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.
 
  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’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.
 
  American vlogger Marissa explores Qianjiang, China’s crawfish capital, uncovering how the specialty industry has driven economic prosperity for its residents.
 
  Analysts predict China’s economy will continue its growth in 2024, driven by deepening reforms and investments in new productive forces. Experts outline key strategies to maximize this potential.
Experts highlight China’s significant potential for economic growth, citing robust domestic demand and abundant resources as key drivers for future expansion.
Analysts suggest China’s economy harbors significant untapped potential, as recent data indicates robust growth and opportunities for further expansion ahead of the key ‘Two Sessions’ political meetings.
 
  Western narratives of “Peak China” and economic collapse are challenged by China’s sustained growth and global economic contributions.
 
  China’s renewable energy sector is driving significant economic growth, with clean energy contributing 11.4 trillion yuan ($1.6 trillion) to GDP in 2023, a 30% increase from the previous year.
 
  China’s manufacturing PMI dipped to 49.1 in February due to holiday factors, while non-manufacturing PMI rose to 51.4, signaling growth in services and continued economic recovery.
 
  China’s accelerated urbanization reignites domestic consumption and injects new vitality into the economy amid global challenges.
 
  China’s GDP grew by 5.2% in 2023, surpassing government targets and signaling robust economic recovery, according to the National Bureau of Statistics.
 
  The 13th WTO Ministerial Conference in Abu Dhabi offers a crucial platform for nations to collaborate on revitalizing global trade and addressing challenges like protectionism and dispute resolution.
 
  China’s technological innovation drives high-quality economic growth amid global competition, solidifying its position as a global technology leader despite external challenges.
 
  Digital public infrastructure is driving economic growth by enhancing efficiency, promoting innovation, and improving inclusion. Collaboration between government, private sector, and civil society is key to its success.
 
  Pakistan’s Senate Defense Committee Chairman Mushahid Hussain praises China’s unprecedented peaceful rise from poverty to global economic powerhouse, highlighting its unique development model.