A press briefing is held by the Chinese side following the China-US high-level meeting on economic and trade affairs in Geneva, Switzerland, on May 11, 2025. [Photo/Xinhua] Following their trade talks in Geneva over the weekend, China and the United States agreed to establish a consultation mechanism on trade and economic issues, an outcome analysts…
A customer (L) tries gold jewelry at a shopping mall in Nantong city, East China’s Jiangsu province, May 3, 2025. [Photo/Xinhua] China is accelerating the establishment of a new development pattern where domestic and foreign markets can boost each other, with the domestic market as the mainstay, amid economic risks from home and abroad. By…
Zhang Jun, chief economist at China Galaxy Securities. [Photo provided to chinadaily.com.cn] China’s economy is well-positioned to withstand the headwinds from the United States’ unwarranted tariff policy and maintain its 2025 growth momentum with targeted macro policy support, said a senior economist. Zhang Jun, chief economist at China Galaxy Securities, said he expects China’s economic…
A China-Laos Railway cargo train being loaded at Wangjiaying West Station in Kunming, Yunnan province. HU CHAO/XINHUA Yunnan province has sustained strong foreign trade growth thanks in large part to deepening cooperation with member states of the Association of Southeast Asian Nations, a dynamic that underscores the strength of China-ASEAN economic ties despite mounting global…
A view of cargo ships at Tianjin port in April. [Photo/Xinhua] BEIJING — In an increasingly unpredictable global environment, China is becoming an “oasis of certainty” as it continues to build up industrial strength and foster institutional opening-up, drawing influential foreign investors, from tech giants to automakers, into the world’s second-largest economy. Latest data from…
A teller counts and arranges dollar notes at an Agricultural Bank of China branch in Qionghai, Hainan province. [Photo/China Daily] BEIJING — China reported a current account surplus of $165.6 billion in the first quarter of 2025, according to data released Friday by the State Administration of Foreign Exchange. The surplus in goods trade reached…
File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] BEIJING — China’s central bank will implement a series of measures to improve financial services aimed at stimulating consumer spending, according to a report released Friday by the People’s Bank of China (PBOC). According to the PBOC’s first-quarter 2025 monetary policy…
[Photo/VCG] In the face of the United States’ sweeping tariffs, enhanced cooperation between China and the European Union serves as a critical counterweight to Washington’s unilateral tariff measures, which are disrupting the rules-based global trading system, and provides a stabilizing force for the world economy, analysts said. This year marks the 50th anniversary of China-EU…
This photo taken from Jingshan Hill on Aug 12, 2024 shows the skyscrapers of the central business district (CBD) on a sunny day in Beijing. [Photo/Xinhua] China is accelerating steps to roll out new measures to bolster the private sector following the adoption of the nation’s first law to promote the private economy, with plans…
This photo taken from Jingshan Hill on Aug 12, 2024 shows the skyscrapers of the central business district (CBD) on a sunny day in Beijing, capital of China. [Photo/Xinhua] BEIJING – China is rolling out a series of measures to boost the development of its private sector, officials said at a press conference held by…