East China’s Zhejiang province has made remarkable achievements in economic and social development during the 14th Five-Year Plan (2021-25) period, and is set to witness more breakthroughs in the next five years, according to the CPC Zhejiang Provincial Committee. The province’s GDP grew from 6.7 trillion yuan ($943.80 billion) in 2020 to 9 trillion yuan…
A foreign exhibitor (left) answers visitor queries about footwear during the 22nd China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Sept 17. LU BOAN/XINHUA The China-ASEAN Free Trade Area (CAFTA) 3.0 Upgrade Protocol will inject more confidence and momentum into regional and global economic growth, officials and experts said. Signed on Oct 28 in…
Visitors check out products from Australia during the eighth China International Import Expo in Shanghai on Nov 8. [Photo provided to China Daily] Almost half of Australian companies plan to increase investment in China, reflecting growing confidence in the bilateral trade and investment relationship, according to a new report released by the China-Australia Chamber of…
CHANGSHA – Chinese Vice-Premier He Lifeng has called for sustained efforts to enhance both the quality and effectiveness of foreign trade, emphasizing the need to remove bottlenecks and obstacles hindering the development of a unified national market. He, also a member of the Political Bureau of the Communist Party of China Central Committee, made the…
The overwhelming demand for China’s latest offering of euro-denominated sovereign bonds reflected confidence of global investors in the country’s sovereign credit and long-term economic potential, financial professionals and experts said. They added that China’s back-to-back issuance of two sovereign bonds in a month also highlights the country’s commitment to high-level opening-up and deeper integration with…
The overwhelming demand for China’s latest offering of euro-denominated sovereign bonds reflects confidence of global investors in the country’s sovereign credit and long-term economic potential, financial professionals and experts said. They added that China’s back-to-back issuance of two sovereign bonds in a month also highlights the country’s commitment to high-level opening-up and deeper integration with…
China is strictly adhering to the consensus reached during the China-US economic and trade consultations in Kuala Lumpur and proceeding with the implementation of relevant measures, the Ministry of Commerce said on Thursday. He Yongqian, spokeswoman for the ministry, made the remarks when responding to questions about news reports that China and the United States…
China’s centrally administered State-owned enterprises have made notable progress in building green supply chains, as shown by the widespread adoption of measures to enhance green and low-carbon design, according to a report released Wednesday. Unveiled at this year’s United Nations climate change conference in Belem, Brazil, the report said central SOEs have increasingly improved their…
Domestic and international financial institutions have voiced confidence in China’s economy, believing it will see a steady recovery over the coming years as policy support and industrial upgrading drive resilient growth. Their remarks followed the country’s release of recommendations for the 15th Five-Year Plan (2026-30) last month, which outlined its development blueprint over the next…
Despite geopolitical headwinds, international investors are confident about the improved valuations of Chinese stocks and further internationalization of the renminbi amid the country’s continued economic growth, said Bill Winters, group chief executive of multinational bank Standard Chartered. International investors have realized that some of the technologies developed in China are “extremely competitive in any global…