China’s Rapid Transformation: Embracing Change for Economic Prosperity
China’s remarkable development over the past decades has positioned it at the center of the global economy, showcasing its innovative spirit and technological strength.
Economic Growth
China’s Service Sector Plays Key Role in Global Economic Growth
China’s robust service sector is making significant contributions to the global economy, according to Wang Shichuan, deputy director of China’s National Center of Standards Evaluation.
China to Extend Zero-Tariff Benefits to All LDCs from December 2024
China announces zero-tariff treatment for all exports from least developed countries with diplomatic ties, starting December 1, 2024, to promote common development.
China’s Foreign Trade Surges by 6% in First Eight Months
China’s foreign trade expanded by 6% year-on-year in the first eight months, with exports rising 6.9% and imports climbing 4.7%, according to official data. ASEAN remains China’s largest trading partner.
China Removes Barriers to Foreign Investment in Manufacturing Sector
China removes all restrictions on foreign investment in its manufacturing sector, aiming to boost economic growth and reshape global supply chains.
China’s Innovation Capacity Drives Future Economic Growth, Say Experts
Experts at the 2024 Bund Summit highlight China’s innovation capacity as a key driver for its long-term economic growth.
2024 China-Africa Cooperation Summit Commences
The 2024 Summit of the Forum on China-Africa Cooperation begins on September 4, highlighting the strengthening partnership between China and African nations. CGTN offers special coverage of the opening ceremony.
China’s Trade-In Subsidies Ignite Consumption and Economic Growth
China unveils new subsidies encouraging consumers to trade in old goods and businesses to upgrade equipment, aiming to boost consumption and unleash economic potential.
Over 80% of Firms on Beijing Stock Exchange Report Profitable H1
Over 80% of firms listed on the Beijing Stock Exchange reported profits in the first half of the year, with 60% experiencing revenue growth, reflecting steady operations amid economic challenges.
Central African Republic President: Cooperation with China is Frank and Sincere
President Faustin-Archange Touad\u00e9ra of the Central African Republic discusses the frank and sincere cooperation with China, emphasizing mutual respect and shared goals ahead of the 2024 FOCAC Summit in Beijing.
China’s Summer Tourism Booms Amid Surging Travel Demand
China experienced a significant surge in tourism and consumption during the summer holidays, as residents embraced travel between July 1 and August 31, boosting the nation’s economy.
China’s IP-Backed Loans Surge by 57%, Leading Innovation Financing
China’s use of intellectual property as collateral is rapidly growing, with IP-backed loans surging 57% in the first half of 2024, signaling a new era of innovation financing.
China’s Summer Rail Travel Soars to 872 Million Passenger Trips
China’s railways handled 872 million passenger trips this summer, a 6.2% increase from last year, signaling robust growth in domestic travel and economic activity.
Return Wave: Why 80% of China’s Top Graduates Are Coming Home
A growing trend sees 80% of China’s top graduates returning home, fueling innovation and economic growth as the Chinese mainland focuses on cultivating high-quality talent for its future development.
China Bucks Trend with Surge in Quality Foreign Investment
Despite a global decline in foreign direct investment, China experiences a surge, attracting new quality productive forces and defying global economic trends.
China’s Foreign-Funded Enterprises Grow by 14.2% in First Half of 2024
China’s foreign-funded enterprises grew by 14.2% year-on-year in H1 2024, highlighting sustained growth and opportunities for multinationals, according to a report at the Qingdao Multinationals Summit.
Debunking the Myth of China’s ‘Debt Trap’ in Africa
Exploring the misconceptions surrounding China’s lending in Africa, this article debunks the ‘debt trap’ myth by highlighting the agency of African nations and the mutual benefits of their partnerships.
Deeper Reforms, Better Opportunities: China’s Green Transition
China has achieved a remarkable balance between economic growth and environmental protection through deeper reforms and green technologies, reducing emissions while maintaining robust growth.
China’s Deeper Reforms Open New Opportunities for Global Investors
China’s deeper economic reforms and commitment to opening up offer new opportunities for global investors. Experts discuss the impact of these policies and what to expect in the coming decade.
Deeper Reforms, Better Opportunities: Innovation Drives China’s Growth
Innovation has become a driving force in China’s economic development, propelling the nation from ‘Made in China’ to ‘Created in China.’ Experts discuss China’s reform path and its focus on technological advancement.