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Hebei’s GDP approaches 5t yuan during 14th Five-Year Plan period

A press conference on the achievements of the 14th Five-Year Plan period (2021-25) was held on Wednesday by the Information Office of the Hebei Provincial People’s Government. [Photo provided to chinadaily.com.cn] North China’s Hebei province has witnessed steady economic and social progress during the 14th Five-Year Plan period (2021-25), with its regional GDP approaching five…

Stable China-US relations paramount to global economy, Chinese official says

  The photo taken on Oct 25, 2025 shows Merdeka 118, the venue for the China-US economic and trade talks, in Kuala Lumpur, Malaysia. [Photo/Xinhua] A senior Chinese official said on Sunday that the recent volatility in China–US economic and trade relations is not what Beijing wants to see, emphasizing that both sides agree that…

Chinese State firms maintain stable revenue in first 9 months

This undated photo shows the world’s most powerful direct-drive floating wind turbine in Fuqing, Southeast China’s Fujian province. [Photo/Xinhua] BEIJING — China’s State-owned and State-controlled enterprises displayed generally stable performance in the first nine months of 2025, official data showed on Wednesday. Their total operating revenue came in at nearly 61.33 trillion yuan (about $8.66…

Risk management big niche for reinsurance biz

The next decade will be a critical period for China’s insurance and reinsurance industry to address existing gaps, making the acceleration of reinsurance development a fundamental logic and strategic choice for financial reform and development, officials and senior executives in the insurance industry said. Zhuang Qianzhi, Party head of China Reinsurance (Group) Corp, said that…

China unveils new measures to facilitate cross-border trade

Visitors communicate with an exhibitor (R) at the ninth China-South Africa Trade Fair in Johannesburg, South Africa, Sept 23, 2025. [Photo/Xinhua] BEIJING — China’s foreign exchange regulator on Wednesday issued a notice introducing a package of new measures to further facilitate cross-border trade receipts and payments and enhance foreign exchange services, aiming to stabilize the…

Shanghai Composite Index hits highest mark in a decade

Stock investors watch the A-share market in a Shanghai brokerage hall, on Oct 27. [Photo/VCG] China’s benchmark Shanghai Composite Index briefly surpassed the 4,000-point mark on Tuesday morning — its first climb above that threshold in a decade — hitting 4,000.86 points, before dropping slightly later in the session. The index has risen more than…

CIIE highlights opening-up, collaborations amid global uncertainties

The eighth China International Import Expo, which will be held in Shanghai from Nov 5 to 10, reflects the country’s push for high-level opening-up as the event continues to attract growing global participation and rising confidence in the Chinese market at a time when global trade faces increasing uncertainties. More than just an event, it…

GDP momentum keeps growth on track

China’s robust 5.2 percent economic expansion in the first three quarters has laid a solid foundation for achieving its full-year growth target, analysts said, as the world’s second-largest economy continues to show resilience with strong industrial production despite headwinds. They said growth momentum is expected to persist in the final quarter of the year, supported…

After 16 years, ChiNext board still powering on serving national strategies

This October marks the 16th anniversary of the ChiNext board’s launch. As of Oct 22, it had grown to host 1,389 listed companies with a combined market capitalization exceeding 17 trillion yuan ($2.39 trillion). The presence of leading players such as CATL, Mindray and East Money Information reflects the core value of ChiNext’s development over…

China overtakes US as Germany’s top trading partner amid tariff strains

People visit the exhibition zone of Mercedes-Benz at the Open Space of the 2025 IAA Mobility in Munich, Germany, Sept 11, 2025. [Photo/Xinhua] BERLIN – China has replaced the United States as Germany’s largest trading partner in the first eight months of 2025, according to data from Germany’s Federal Statistical Office. Analysts say the shift…