Foreign investors’ renewed interest in the Chinese market is likely to surge this year, driven by intensified policy efforts to revive domestic consumption and an innovation boom rippling through the economy, executives and analysts said. Anticipating swift implementation of the recently announced monetary and fiscal stimulus measures, they said that additional policy support may be…
CAI MENG/CHINA DAILY Looking back at 2024, Chinese equities delivered strong returns, outperforming most stock markets outside of the United States. However, it certainly didn’t feel that way last year, as Chinese shares were among the most volatile equity markets, exhibiting sharp ebbs and flows. So far this year, China has been one of the…
Engineers train a humanoid robot to gather information at a robot factory in Shanghai on Feb 18. TANG YANJUN/CHINA NEWS SERVICE China’s unswerving support for the private sector will significantly boost confidence and expectations among entrepreneurs, and revitalize the growth of the world’s second-largest economy, while motivating private enterprises to play a bigger role in driving…
This file photo shows the Shenzhen Stock Exchange in Shenzhen, South China’s Guangdong province. [Photo/Xinhua] While China is undergoing economic restructuring featured by the rapid development of new quality productive forces, the capital market will also be buoyed by emerging industries and technologies, said experts. While the US stock market tumbled for two consecutive days…
Chinese players in the electric vehicle field and related businesses are gearing up for a positive impact in the growing Australian market and beyond, with their presence keenly felt most recently in both the public and private sectors at a major industry event. At the Everything Electric show in Sydney, Chinese EV manufacturers took center…
Shoppers browse digital products offering trade-in subsidies at a store in Hefei, Anhui province. CHEN SANHU/FOR CHINA DAILY China has largely scaled up its fiscal firepower toward consumption-boosting initiatives — a top priority on the country’s policy agenda for the year ahead — in order to offset sluggish homebuying appetites and possible shocks to overseas…
The Great Hall of the People in Beijing, capital of China. [Photo/Xinhua] China’s recently announced policies and development direction, including those from the two sessions, signal a new phase of high-standard opening-up marked by “mutual empowerment”, according to both domestic and multinational companies. They said on Tuesday that “mutual empowerment” is a two-way process in…
Oleg Deripaska, founder of RUSAL, one of the world’s largest aluminum producers, believes China’s economy will continue to be successful over the next decade and is very positive about China’s GDP projections. Having cooperated with Chinese counterparts for over 30 years, Deripaska considers China a very mature and reliable partner. Tanks to chinadaily.com.cn Please visit:…
China’s high-standard opening-up initiatives are paving the way for expanded growth opportunities for international businesses, said EY China Chairman Jack Chan recently. The remarks came after this year’s Government Work Report, released during the ongoing two sessions, said that China will further expand high-standard opening-up and actively stabilize foreign trade and investment. Chan underscored the…
A drone photo taken on Oct 17, 2024 shows the Chengdu Science City by the Xinglong Lake in Tianfu New Area, Southwest China’s Sichuan province. [Photo/Xinhua] Private entrepreneurs and deputies to the 14th National People’s Congress have given a thumbs-up to the business environment in Sichuan province. Zhong Bo, an NPC deputy and chairman of…