CAI MENG/CHINA DAILY As China enters 2026, the first year of its 15th Five-Year Plan (2026-30) period, the country’s economic debate is undergoing a quiet but significant shift. The focus is no longer narrowly on how to sustain headline growth, but increasingly on how such growth is generated, distributed and anchored in social realities. Recent…
Visitors check out a vehicle at the booth of Car Inc, a Chinese car rental company, during an auto show in Haikou, Hainan province, on Sept 27. GUO CHENG/XINHUA China’s car rental market is poised to surge ahead during the Chinese New Year holiday, driven by the longest holiday on record and a continuation of…
Jimmy Ebi Patrick, charge d’affaires ad interim of the Embassy of Nigeria in China, is eager to expand the volume and scope of business between Nigeria and China. While meeting the CEO of Chinese company CAR Inc in Beijing, Patrick stressed that with the growth of infrastructure and transport in his country, high-quality used cars…
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A February 2 piece in Qiushi, the Party’s theoretical journal, tells cadres that low prices are not necessarily a good thing. An external reader could reasonably ask why policy has moved so slowly, given that these risks are well understood. The answer is the trade-off. It seems the leadership is weighing reflation against financial stability,…
China’s foreign exchange reserves increased for the sixth consecutive month in January to a new decade high, official data showed. The reserves rose to $3.3991 trillion as of the end of January, up 1.23 percent or $41.2 billion, from the previous month, the State Administration of Foreign Exchange said on Saturday. The $3.3991 trillion in…
China will support the growth of data circulation service providers and encourage closer cooperation with artificial intelligence companies, as part of a broader push to accelerate the market-based use of data as a production factor, several top industry regulators said on Saturday. The National Data Administration — together with the Ministry of Industry and Information…
For the first time, China has clarified regulatory requirements that real-world asset (RWA) tokenization activities are prohibited onshore, while subjecting related overseas activities by onshore entities to stringent regulatory oversight, according to a notice released on Friday. The China Securities Regulatory Commission and the People’s Bank of China — together with six other central government…
Liu Lifang As artificial intelligence moves beyond early experimentation in China, enterprises are entering a new phase in which scalability, governance and measurable business value are becoming central concerns, said a senior technology executive. “Over the past two years, AI in China has gone from concepts to intensive pilot programs,” said Liu Lifang, solutions engineering…
The Year of the Horse mascot toys on sale at a store in Qingdao, Shandong province. ZHAO JIANPENG/FOR CHINA DAILY Cultural and creative figurine Ma Biaobiao, a small horse with messy hair and beady eyes, has caught the internet by storm. The image, described by netizens as “clear, yet tinged with madness,” has been humorously…