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Shanghai’s Yangpu launches business development meeting

A meeting on high-quality business development and high-level opening-up in Yangpu took place at the Shanghai People’s City Practice Exhibition Hall on Friday. [Photo by He Qi/chinadaily.com.cn] A meeting on high-quality business development and high-level opening-up in Yangpu district took place at the Shanghai People’s City Practice Exhibition Hall on Friday. Certificates were awarded to…

Feel-good spending set to unlock China’s huge consumer potential

Customers purchase goods at a Pangdonglai store in Xuchang, central China’s Henan province, Aug. 22, 2024. [Photo/Xinhua] Editor’s note: China is evolving into a consumption-driven economy. As it strives to revitalize consumption, the focus has shifted beyond price competition to tailored innovation, where personalized demand fuels premium-quality supply and shapes new consumption landscapes. At this…

Vitality of private sector high on agenda

A solar-panel component production line at a private company in Shizuishan, Ningxia Hui autonomous region. YUAN HONGYAN/FOR CHINA DAILY Private enterprises, buoyed by China’s advancing modernization drive, voiced optimism regarding the future trajectory of the private sector economy despite challenges, during the recently concluded two sessions. The comments aligned with the key priorities detailed in the…

Campaign launched against illegal financial businesses and crimes

China’s police and financial authorities have launched a six-month-long joint campaign to crack down on illegal financial businesses and crimes. The Economic Crime Investigation Department of the Ministry of Public Security and the Investigation Bureau of the National Financial Regulatory Administration held a meeting on Friday, rolling out plans for the campaign. The campaign called…

AI labeling to fight spread of fake info

Chinese authorities issued guidelines on Friday requiring labels on all artificial intelligence-generated content circulated online, aiming to combat the misuse of AI and the spread of false information. The regulations, jointly issued by the Cyberspace Administration of China, the Ministry of Industry and Information Technology, the Ministry of Public Security, and the National Radio and…

Confidence expressed in growth outlook

Participants in the “CEO: Grow with China” roundtable interact with each other on economy-related topics in Beijing on Friday. WANG ZHUANGFEI/CHINA DAILY China is expected to achieve its annual growth target of around 5 percent this year and present more business opportunities for both domestic and foreign companies, with its intensified efforts to spur innovation…

China’s aggregate social financing figure for Jan-Feb released

China’s aggregate social financing — the total amount of financing to the real economy — stood at 9.29 trillion yuan ($1.29 trillion) in the January-February period, up by 1.32 trillion yuan compared to the same period last year, official data showed. The People’s Bank of China, the country’s central bank, said on Friday that the…

China on track to achieve growth target for 2025, say experts and business leaders

The “CEO: Grow with China” Roundtable was hosted by China Daily Institute for Corporate Communication and China Services Information Platform on Friday, with participants sharing insights about China’s business opportunities. [Photo by Wang Zhuangfei/chinadaily.com.cn] China is expected to achieve its annual growth target of around 5 percent this year and present more business opportunities for…

China’s regional powerhouses turbocharge high-quality development

Photo shows a view of Nansha Port in Guangzhou, South China’s Guangdong province. [Photo provided to chinadaily.com.cn] BEIJING – Having long propelled China’s economic ascent, major provincial-level regions are now leading the charge in the country’s transformative shift toward high-quality development. China’s top 10 provincial economic heavyweights, including Guangdong, Jiangsu, Shandong, Zhejiang and Sichuan, accounted…

FTZs provide robust support for foreign businesses operating in China: ministry

An aerial view of the Lin-gang Special Area of China Shanghai Pilot Free Trade Zone. [Photo provided to chinadaily.com.cn] BEIJING – As a crucial platform for the government to promote high-level opening-up, China’s pilot free trade zones (FTZs) have introduced pioneering reforms to create a first-class business environment characterized by market-oriented practices, rule of law…