
China Enhances Social Credit System to Spur Economic Growth
China introduces sweeping reforms to upgrade its social credit system, targeting economic efficiency and market fairness. Explore key measures and implications.
News & Insights Across Asia
China introduces sweeping reforms to upgrade its social credit system, targeting economic efficiency and market fairness. Explore key measures and implications.
China’s top economic planners detailed 2024 growth strategies at the Two Sessions, focusing on innovation, market reforms, and global economic engagement.
The NDRC announced plans to enhance support for private enterprises, enabling them to contribute to national strategies, strengthen security in key areas, and engage in major upgrades and trade programs.
China’s National Development and Reform Commission unveiled new guidelines to accelerate the construction of a unified national market, focusing on market access, fair competition, and reducing barriers to foreign investment.
China’s top economic planner unveils new guidelines to advance a unified national market, focusing on market access and fair competition, as part of efforts from the Central Economic Work Conference held in December 2024.
China announces plans to increase funding for digital device subsidies in 2025, aiming to boost domestic demand and drive economic recovery. Consumers can expect more affordable phones, tablets, and wearables.
China’s ample macro policies and control tools are poised to support the nation’s 2025 economic growth targets, focusing on boosting domestic demand and investing in key sectors, according to the NDRC.
China’s NDRC announced the allocation of 1 trillion yuan from ultra-long special treasury bonds to major infrastructure projects and economic programs, aiming to boost growth and modernization.
China’s economy is poised to sustain its recovery in November and December, as the National Development and Reform Commission reports increased market confidence and a rise in investment.
China’s work-relief programs have created 2.45 million jobs for low-income workers in 2024, with a 30.2% year-on-year increase, according to the National Development and Reform Commission.
China has reaffirmed its commitment to attract and stabilize foreign investment, introducing new measures to improve its business environment and bolster economic growth.
China accelerates the introduction of incremental policies to bolster its economy, focusing on strengthening macroeconomic policies, boosting domestic demand, and supporting businesses, according to NDRC Chairman Zheng Shanjie.
China announced it will lift all foreign investment restrictions in manufacturing with the 2024 negative list, reducing restrictions from 31 to 29 and eliminating barriers for foreign investors.
China’s National Development and Reform Commission has outlined key tasks for ecological conservation, emphasizing green, low-carbon, and high-quality development as the nation strides towards carbon neutrality.
China is set to introduce new guidelines to improve market access and publish a new negative list, aiming to relax regulations and enhance opportunities for businesses, according to the NDRC.
China is boosting confidence in its private sector with new policies and measures, promoting high-quality development and strengthening the economy.
China’s key industries showed significant growth in May, with rapid expansion in industrial production, exports, and domestic demand, according to the National Development and Reform Commission (NDRC).
China’s economy continued its steady recovery and improvement in the first quarter of this year, with key economic indicators showing accelerated growth, according to the National Development and Reform Commission.
China’s National Development and Reform Commission (NDRC) states that high export volumes do not signify overcapacity. Official Jin Xiandong highlighted that supply-demand imbalances are common and promote competition.
China’s economy surpassed expectations in Q1, with optimized structure and stable employment fueling improved market confidence, according to the NDRC’s deputy head, Liu Sushe.