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Nation to invest more in infrastructure projects

Infrastructure investment is expected to grow in China to serve the nation’s efforts in stabilizing domestic demand amid global trade tensions that threaten its export growth, market insiders said. Trade turbulence triggered by the United States’ tariff strategy is affecting not only global supply chains on a scale unexpected by the market, but also overall…

More market stabilization steps detailed

File photo shows the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] China’s latest incremental financial measures to stabilize market expectations will help to further consolidate market recovery by ushering in more long-term capital and boost investors’ sentiment with the continued advancement of capital market reform, said officials and experts. A sweeping set…

PBOC to establish new relending facility

Visitors try a multi-language AI display screen at the 3rd China (Anhui) Science and Technology Innovation Achievement Transformation Fair in Hefei, capital of East China’s Anhui province, April 26, 2025. [Photo/Xinhua] The People’s Bank of China, the country’s central bank, will establish a new relending facility worth 500 billion yuan ($69.28 billion) to support consumption…

China’s financial regulators committed to capital market stability

A pedestrian passes the Shanghai Stock Exchange in Pudong New Area. WANG GANG/FOR CHINA DAILY China’s top financial regulators have reinforced their commitment to the stability of the country’s capital market on Wednesday, vowing to provide sufficient funding when necessary. The People’s Bank of China, the country’s central bank, will firmly support Central Huijin Investment…

Fiscal support helps ensure growth

Shoppers browse goods at a store in Chongqing. [Photo/Xinhua] China’s stepped-up fiscal policies are emerging as a pillar in its efforts to stabilize the economy, offering much-needed support to sectors under financial strain and helping the world’s second-largest economy weather persistent global uncertainty. In 2025, the country pledged to intensify counter-cyclical adjustments, raising the deficit-to-GDP…

China’s VAT invoice data reflects robust May Day holiday consumption

Tourists from Australia pose for photos at the Tiantan (Temple of Heaven) Park in Beijing, capital of China, May 1, 2025. [Photo/Xinhua] BEIJING – China’s State Taxation Administration released value-added tax (VAT) invoice data on Tuesday, revealing robust consumer spending in the world’s second-largest economy during the just-concluded May Day holiday. The five-day holiday, which…

Payment transactions by visitors to China surge during May Day holiday

A foreign tourist poses for photo with a performer at Tianjin International Cruise Home Port in North China’s Tianjin municipality, May 1, 2025. [Photo/Xinhua] BEIJING – The number of payments made by visitors to China saw a sharp increase while the total value of these payments also surged during the just-concluded May Day holiday, data…

Table tennis

China’s GDP growth a ‘festival of opportunity’

“A five-percent GDP growth is an absolute festival of opportunity in the trade show market,” Hugh Jones, CEO of RX Global, said in an interview with China Daily. “It gives us greater commitment to deepen our presence in China’s multiple industries, multiple markets, and that’s a long-term stable growth potential,” he added. Tanks to chinadaily.com.cn…

China agrees to engage with US over tariff

China has agreed to engage with the United States on tariff issues, after the White House signaled the possibility of adjusting its tariff policies and proactively reached out to Beijing through various channels, the Ministry of Commerce said on Wednesday. Chinese Vice-Premier He Lifeng, the Chinese lead for China-US economic and trade affairs, will meet…

Beijing assessing Washington offer for trade negotiations

A drone view shows shipping containers from China at the Port of Los Angeles in Wilmington, California, Feb 4, 2025. [Photo/Agencies] China said on Friday it is evaluating the possibility of trade talks with the United States, in the first and clearest indication that Beijing may be open to dialogue if Washington demonstrates genuine sincerity…