Skip to content

economic

Event shows Shanghai’s rise as business powerhouse

Guests from home and abroad share insights at the “CEO: Grow with China” Roundtable, jointly organized by the Foreign Affairs Office of the Shanghai Municipal People’s Government and China Daily, in Shanghai on Monday. GAO ERQIANG / CHINA DAILY At the forefront of China’s reform and opening-up, Shanghai is spearheading the world’s second-largest economy’s push…

Ghana promotes key investment opportunities for Chinese investors

“Every inch of Ghana is ready.” The words of Simon Madjie, chief executive officer of the Ghana Investment Promotion Center, resonated across the conference hall in Beijing, capturing Ghana’s eagerness to welcome Chinese investors and the surging vitality of China-Ghana economic ties. The remark came during the Ghana Presidential Investment Forum, held in Beijing on…

Beijing’s Daxing district’s industrial output to hit $14b

Daxing district, home to Beijing’s second international airport, is expected to see the total output of its industrial sectors reach 100 billion yuan ($14 billion) this year, according to district director Liu Yang. Located in southern Beijing, Daxing is developing six industrial clusters: the airport economic zone, a biopharmaceutical production base, a digital economy demonstration…

Five-Year Review! Explore foreigners’ perceptions of China’s economy

As the nation’s 14th Five-Year Plan (2021-25) draws to a close, the 15th one is already on the horizon! China Daily chatted here in Hong Kong with people from around the world. What industries do they instantly associate with China? Check out this video, and see what makes China stand out in their eyes! Tanks…

New engines power Shanghai’s better-than-expected growth

Driven by the substantial growth of new economic engines and new quality productive forces, Shanghai’s GDP growth came at 5.5 percent in the first three quarters of the year, 0.3 percentage points higher than the national average and exceeding market expectations, the municipal statistics bureau said on Wednesday. The three pioneering industries of integrated circuit,…

China to press ahead on path of socialist modernization

China will press ahead on a steady path toward achieving socialist modernization by 2035, a senior official said on Friday, as the country looks to consolidate its progress and lay a solid foundation for long-term national development. Han Wenxiu, executive deputy director of the Office of the Central Committee for Financial and Economic Affairs, made…

German brands bet on Shanghai with inaugural ‘Discover Germany’ market

The “Discover Germany 2025 – German Brand Week” opens at the historic The Bund · City Hall Plaza in Huangpu district, Shanghai. [Photo provided to chinadaily.com.cn] The “Discover Germany 2025 – German Brand Week”, organized by the AHK Greater China, began on Oct 23 at the historic The Bund · City Hall Plaza in Huangpu…

China to open market wider during the 15th Five-Year Plan period

A drone photo taken on Sept 16, 2025 shows a vessel docking at Taicang Port in East China’s Jiangsu province. [Photo/Xinhua] China will take the initiative to open its market wider during the 15th Five-Year Plan period (2026-30), Commerce Minister Wang Wentao said at a news conference on Friday. “Our openness will take into account…

Govt expects over $1t of market space addition in five years

It is preliminarily estimated that around 10 trillion yuan ($1.4 trillion) of market space will be added in China over the next five years, unleashing tremendous development momentum and bringing significant benefits to people’s livelihoods, said Zheng Shanjie, head of the National Development and Reform Commission. At a news conference held by the Central Committee…

Shanghai’s Baoshan posts strong growth during 14th Five-Year Plan period

Shanghai’s Baoshan district saw higher-quality economic growth during the 14th Five-Year Plan period (2021-25). [Photo provided to chinadaily.com.cn] Shanghai’s Baoshan district saw higher-quality economic growth during the 14th Five-Year Plan period (2021-25), with 2024 GDP exceeding 210 billion yuan ($29.5 billion) and industrial output reaching 260 billion yuan, officials said on Thursday at a news…