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economic

Guizhou data: Marching ahead on solid ground

The 2026 Guizhou Provincial Government Report highlighted Guizhou’s steady socioeconomic development from 2021 to 2025.The province in Southwest China implemented supportive policies, prioritized industrial development, and drove growth through innovation and opening-up.For the 15th Five-Year Plan period (2026-30), Guizhou will further unleash its economic growth potential and boost high-quality development in economy, tech innovation, opening-up,…

Nation opposes new US tariffs

A drone photo taken on Jan 3, 2026 shows a view of a container terminal at Tianjin Port in North China’s Tianjin. [Photo/Xinhua] China expressed opposition over the United States’ swift actions to renew its tariff pressure by launching sweeping trade investigations into 16 major economies — including China — just as top negotiators from…

China’s CPI up 1.3% in Feb

BEIJING — China’s consumer price index (CPI), a main gauge of inflation, rose 1.3 percent year-on-year last month, official data showed on Monday. The core CPI, which excludes food and energy prices, increased 1.8 percent year-on-year, according to data released by the National Bureau of Statistics (NBS). On a month-on-month basis, CPI went up 1…

Beef up policy support for chip materials

Li Shaoping (left), a deputy to the 14th National People’s Congress and chairman of Sinophorus, works with researchers at a lab. JIANG XIAOMING/FOR CHINA DAILY China should strengthen policy support for its semiconductor materials sector to reduce reliance on foreign suppliers, a national lawmaker said. Li Shaoping, a deputy to the 14th National People’s Congress…

China remains foreign investment magnet

GUANGZHOU — China remains a key destination for foreign businesses, with more companies surveyed continuing to invest in the market despite global economic uncertainties, according to a report released on Tuesday by the American Chamber of Commerce in South China. The 2026 Special Report on the State of Business in South China said 95 percent…

HK’s role as financing hub highlighted

The Hong Kong Special Administrative Region is well-positioned to help companies from the Chinese mainland raise funds globally and expand overseas, while deepening cooperation with the mainland in sectors such as healthcare and biotechnology, said a member of the Chinese People’s Political Consultative Conference (CPPCC) National Committee, the nation’s top political advisory body. William Doo…

Growth target reflects focus on structural reform

China’s latest Government Work Report signals a shift toward securing more sustainable expansion, as policymakers lower the headline target while prioritizing structural reform and long-term stability, economists said. The report set this year’s GDP growth target at 4.5 to 5 percent, marking the first downward adjustment since 2023. Economists said the move is a pragmatic…

Growth target reflects focus on structural reform

China’s latest Government Work Report signals a shift toward securing more sustainable expansion, as policymakers lower the headline target while prioritizing structural reform and long-term stability, economists said. The report set this year’s GDP growth target at 4.5 to 5 percent, marking the first downward adjustment since 2023. Economists said the move is a pragmatic…