Skip to content

economic

Tech innovation vital for China’s industrial upgrades: legislator

Visitors walk pass Changhong’s display area at the IFA Berlin 2025 in Berlin, Germany, Sept 5, 2025. [Photo/Xinhua] Pursuing original innovation and achieving breakthroughs in core technologies are vital for both enterprise transformation and the advancement of China’s industrial upgrades, a national legislator has said on the sidelines of the ongoing two sessions gathering in…

China’s consumer inflation jumps to three-year high

A customer shops for fruits at a supermarket in Wuxi, Jiangsu province, March 9, 2026. [Photo/Xinhua] China’s consumer inflation accelerated at its fastest pace in three years in February, while the decline in factory-gate prices narrowed, official data showed on Monday. The country’s consumer price index, the main gauge of inflation, rose by 1.3 percent…

Legal shield in focus for China’s overseas assets

A Haier employee (left) addresses visitor queries during a product debut ceremony in Johannesburg, South Africa, on Feb 2. CHEN WEI/XINHUA Accelerating the drafting of a law on the protection of overseas interests would help China build a more comprehensive legal framework to safeguard its assets and activities abroad, said national legislators and business leaders…

China steps up drive to energize domestic consumption

China will adopt measures to stimulate the internal drive for household spending, as well as policies to boost consumption, so as to propel further consumption growth, according to the 2026 Government Work Report submitted to the national legislature for deliberation. Tanks to chinadaily.com.cn Please visit: Our Sponsor

Shopping in China initiative opportunity for businesses

Customers choose Spanish ham and red wine at a store selling imported goods at Yiwu China Commodity City in Yiwu, Zhejiang province, on Jan 30. XU YU/XINHUA The “Shopping in China” initiative will create broader market opportunities for both domestic and foreign businesses, unlocking the potential of China’s vast consumer market and reinforcing the country’s…

Capital mkt reforms key to high-quality development

CAI MENG/CHINA DAILY The capital market is not only a vital platform for resource allocation and innovation-driven development, but also a key hub supporting China’s long-term economic competitiveness and the enhancement of national strategic capacity. The draft outline of the 15th Five-Year Plan (2026-30) for national economic and social development clearly states that China must…

Recalibrating for quality, sustainable growth era

If one were to judge the priorities of this year’s two sessions by the sheer density of cameras and voice recorders, the answer would be unequivocal: it’s the economy. As we step into the opening year of the 15th Five-Year Plan (2026-30), the atmosphere in the Great Hall of the People feels distinctively different. The…

Gansu advances industrial upgrade to bolster growth

A view of a data center in Qingyang, Gansu province. XINHUA Northwest China’s Gansu province is transforming its industrial base by pushing forward an industry-driven development strategy to modernize its economic structure and achieve high-quality growth. “As a traditional industrial base, transformation through innovation is imperative,” said Ren Zhenhe, governor of Gansu and a deputy…

Jilin to step up the building of a modern industrial system

The Jilin delegation holds a group deliberation on Saturday. [Photo provided to chinadaily.com.cn] As it enters the 15th Five-Year Plan (2026-30) period, Jilin aims to present a beautiful picture of high-quality development and make significant breakthroughs in its comprehensive revitalization, according to provincial deputies to the National People’s Congress. Huang Qiang, a deputy to the…

Ningxia mayor recounts 30 years of Fujian partnership

Yang Qinglong, a deputy to the 14th National People’s Congress and mayor of Guyuan, Ningxia Hui autonomous region, delivers a speech during the region’s open day during two sessions in Beijing on March 6. [Photo provided to chinadaily.com.cn] In China’s once-impoverished Xihaigu region, long known as one of the country’s harshest places to live, a…