China’s factory activity remained in expansion territory in April, staying above the 50-point boom-bust line for a second consecutive month, according to official data. China’s official purchasing managers’ index for the manufacturing sector came in at 50.3 in April, edging down 0.1 percentage point from March while remaining above the 50-point mark that separates expansion…
Robots produce automotive body sheet metal parts at a workshop in Fuzhou, Fujian province, on April 16. WANG WANGWANG/FOR CHINA DAILY While China’s economy delivered better-than-expected results at the start of the year, policymakers showed no signs of complacency and vowed to provide continued support, analysts said after a high-level meeting that outlined priorities for…
While China’s economy delivered better-than-expected results at the start of the year, policymakers have shown no signs of complacency and have vowed to provide continued support, analysts said after a high-level meeting outlined priorities for the next phase of economic work. Amid intensifying external uncertainties, continuing policy easing to ensure reasonable economic growth remains imperative…
While China’s economy delivered better-than-expected results at the start of the year, policymakers have shown no signs of complacency and have vowed to provide continued support, analysts said after a high-level meeting outlined priorities for the next phase of economic work. Amid intensifying external uncertainties, continuing policy easing to ensure reasonable economic growth remains imperative…
China will extend zero-tariff treatment to all African countries that have diplomatic relations with it from Friday, according to the Customs Tariff Commission of the State Council. Under the policy, between May 1, 2026, and April 30, 2028, preferential zero-tariff treatment will be applied to imports from 20 African countries that have diplomatic ties with…
China is stepping up policy support to boost its rapidly expanding services sector, as policymakers seek to foster a more competitive and better-structured ecosystem that will inject fresh momentum into economic growth, officials and executives said. “China has introduced targeted measures to strengthen key areas of producer and consumer services, with a focus on easing…
China has formally submitted a complaint to the European Commission (EC) over the European Union’s proposed Industrial Accelerator Act, warning that the legislation would create “serious investment barriers and institutional discrimination” against Chinese companies, and vowing countermeasures if Brussels pushes ahead. The proposed act, according to analysts, represents a serious departure from World Trade Organization…
This photo shows the excavation of an underground powerhouse at Lianghekou pumped-storage power station in the Yalong River basin in Sichuan province. XINHUA The outline of the 15th Five-Year Plan (2026-30) proposes a blueprint of 109 major engineering projects across six crucial domains to advance the Chinese path to modernization. Following the successful completion of…
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A draft revision to the Law on State-Owned Assets of Enterprises was submitted on Monday to a standing committee session of China’s top legislature for its first reading, marking the first major overhaul of the legislation since it took effect nearly 17 years ago. The draft, submitted to the 22nd session of the 14th National…