This file photo shows an exterior view of the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] The renminbi is currently trading around the midpoint of its range in recent years, and China has neither the need nor the intention to weaken the currency to gain a trade advantage, Pan Gongsheng, the governor…
BEIJING — China’s six emerging pillar industries are expected to surpass 10 trillion yuan ($1.45 trillion) in total value in 2030, Zheng Shanjie, head of the National Development and Reform Commission, said Friday. The combined output of sectors, including integrated circuits, aviation and aerospace, biomedicine, the low-altitude economy, new types of energy storage, and intelligent…
BEIJING — China’s six emerging pillar industries are expected to surpass 10 trillion yuan ($1.45 trillion) in total value in 2030, Zheng Shanjie, head of the National Development and Reform Commission, said Friday. The combined output of sectors, including integrated circuits, aviation and aerospace, biomedicine, the low-altitude economy, new types of energy storage, and intelligent…
China’s A-share market has seen heightened volatility recently, driven mainly by geopolitical shocks, structural divergence within the market, and intensified capital positioning. However, the fluctuations do not signal a trend reversal, but rather a concentrated short-term release of sentiment amid external pressures while the medium- to long-term upward trajectory remains intact, China Galaxy Securities said.…
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Copyright 1994 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested…
Flight operations across the Middle East and surrounding regions are showing tentative signs of recovery after several days of severe disruption triggered by escalating regional tensions, aviation data provider VariFlight said on Friday. While cancellations remain elevated and the rebound uneven, data from VariFlight shows a gradual stabilization over the past three days. Between Tuesday…
China’s more proactive fiscal policy this year is marked by expanded funding, robust policy support and enhanced coordination, aimed at effectively mitigating short-term fluctuations and strengthening economic resilience, Minister of Finance Lan Fo’an said at a news conference on Friday. The fiscal policy will continue to follow a more proactive stance, maintaining its strength from…
The Hanoi People’s Committee of Vietnam signs a consulting contract with an international consortium, including the Shanghai Tongji Urban Planning & Design Institute Co Ltd. [Photo provided to chinadaily.com.cn] The People’s Committee of Hanoi, Vietnam, has recently signed a consulting contract with an international consortium, including the Shanghai Tongji Urban Planning & Design Institute Co…
China has a solid foundation to achieve its GDP growth target of 4.5 to 5 percent in 2026, underpinned by the country’s vast economic scale, growing innovation capabilities and institutional strengths in managing risks, according to the country’s top economic regulator. “China’s economy exceeded 140 trillion yuan ($20.3 trillion) last year, reaching a new level…