Renewed momentum in China-United States economic ties has helped boost confidence in the global economy while supporting steadier and more resilient bilateral trade in the months ahead, said market watchers and business leaders. The upbeat remarks came after official General Administration of Customs figures showed a sharp turnaround in bilateral trade in goods. After slumping…
A view of the Huangpu River in Shanghai, on May 14. [Photo/Xinhua] While short-term volatility may continue, the recent sell-off in China’s A-share market has created potential for a medium-term rebound supported by ramped-up policy support, more reasonable valuations and improved corporate earnings, analysts said. They made the remarks as China’s securities regulator reiterated its…
Yu Xiangrong, chief China economist at Citi [Photo provided to chinadaily.com.cn] A Citi bank economist has described China’s transition from its old growth drivers to new ones as a “phased success”. “The downturn in China’s property market since 2021 has turned what was once a major engine of economic growth into a significant drag,” said…
China’s securities regulator has signaled its focus on the oversight of quantitative trading as part of broader efforts to stabilize the capital market and bolster investor confidence amid recent market volatility, underscoring its growing emphasis on protecting retail investors. During a visit to a securities brokerage in Beijing on Monday, China Securities Regulatory Commission Chairman…
Digital technologies are now redefining how people connect, collaborate and grow. From July 21 to 22, the 2026 World Internet Conference Digital Silk Road Development Forum will convene in Xi’an, Northwest China’s Shaanxi province, bringing together policymakers, industry leaders and innovators to exchange ideas on AI agents, digital trade, intelligent health, cultural heritage preservation and…
Shanghai’s GDP approached 2.79 trillion yuan ($412 billion) in the first half of 2026, up 5.6 percent year-on-year at constant prices, according to data released by the municipal statistics bureau on Monday. The growth rate is not only higher than the national average, but also exceeds Shanghai’s annual GDP growth in 2024 and 2025, which…
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China has launched a massive, decades-long initiative to unify its domestic computing resources into a single national grid. The goal, unveiled by officials and engineers at the 2026 World Artificial Intelligence Conference in Shanghai on Friday, is to treat processing power as a basic public utility — allowing users to access AI computing as seamlessly…
Workers are busy on the intelligent cabinet production line at an enterprise in Lianyungang, Jiangsu province, on June 25. SI WEI/FOR CHINA DAILY First, new growth drivers continued to upgrade manufacturing and optimize the structure of foreign trade. Production of high-tech and high-value-added products accelerated, with their share in exports continuing to increase. In the…
The China Securities Regulatory Commission will convene a special symposium on Monday to gather suggestions on promoting the stable and healthy development of the country’s capital market, China Daily has learned from sources close to the regulator. The meeting, scheduled for July 20, will bring together representatives from listed companies, securities firms, and fund institutions,…