China should seize the current window of improving expectations and rising confidence to build momentum going into 2025, economists said, calling for a forceful and extraordinary combination of macro policies next year. Given the recently announced stimulus package, China’s economy will likely pick up in the fourth quarter, providing strong support for meeting the annual…
A woman buys pineapples in a supermarket in Xuwen county, South China’s Guangdong province, on March 6, 2021. [Photo/IC] China’s latest stimulus measures seem to create a favorable shift in focus toward relying more on boosting consumer confidence as a sustainable growth driver, with bigger fiscal spending on improving social welfare and addressing property woes…
Jinbao, mascot of the China International Import Expo. [Photo/Xinhua] Multinational pharmaceutical companies will showcase their latest innovations at the upcoming China International Import Expo, which they see as an ideal chance for China to share opportunities with the outside world. Their active participation in the seventh edition of CIIE, which will be held in Shanghai…
CREC4 employees lay tracks on the Chongzuo-Pingxiang high-speed railway in the Guangxi Zhuang autonomous region on Monday. [ZHAO MENGTING/FOR CHINA DAILY] Pingxiang, which borders Vietnam and is a county-level city under the prefecture-level city of Chongzuo in the Guangxi Zhuang autonomous region, is set to usher in a new high-speed railway to boost passenger flow…
A business delegation of representatives from US companies such as IBM, Johnson & Johnson, and Qualcomm visited Quzhou, Zhejiang province, from Oct 23 to 24, to explore business and investment opportunities. A US delegation meets with Quzhou entrepreneurs and commerce officials in Quzhou, Zhejiang province, on Oct 23, 2024. [Photo provided to China.org.cn] The delegation…
Students attend a job fair in Tsinghua University in Beijing, March 15, 2024. [Photo/Xinhua] BEIJING – China will further improve its employment-first policy and help key population groups secure jobs in a quest to meet its annual job creation target, the Ministry of Human Resources and Social Security said on Friday. The country created a…
An aerial drone photo taken on July 30, 2024 shows vehicles transferring containers at the Tuanjiecun Station of Chongqing International Logistics Hub Park in Shapingba district of Chongqing, Southwest China. [Photo/Xinhua] CHONGQING – An ASEAN (Association of Southeast Asian Nations) Express train set off for Poland’s Malaszewicze via Southwest China’s Chongqing municipality on Friday morning,…
China’s latest round of stimulus measures seem to create a favorable shift in focus of relying more on boosting consumer confidence as a sustainable growth driver, with bigger fiscal spending on improving social welfare and addressing property woes necessary, said leading economists at home and abroad. Referring to China’s key choices of continuing export-led growth…
Employees work at Flextronics International Ltd’s China unit in Suzhou, Jiangsu province. ZHU GUIGEN/FOR CHINA DAILY Local enterprises in East China’s Jiangsu province have leveraged the opportunities created through BRICS and expanded their export businesses with related member countries. With BRICS expanding its membership earlier this year, the mechanism has increasingly become an important platform…
International political figures and prominent scholars in international finance and macroeconomics stressed recently the need for multilateral cooperation and global financial governance reform, to address global economic challenges and advance China’s modernization. They made the remarks at a forum themed “Practicing multilateralism and promoting global financial governance reform”, which was a sideline event of the…