Skip to content

economic

2024 China Marine Economy Expo (CMEE) kicks off in Shenzhen

Share – WeChat This photo taken on Oct 31, 2024 shows a model of the Bluewhale I drilling platform at the 2024 China Marine Economy Expo (CMEE) in Shenzhen, South China’s Guangdong province. The 2024 CMEE kicked off in Shenzhen on Thursday, comprehensively showcasing China’s marine economic development, and scientific and technological innovation. [Photo/Xinhua] Tanks…

Survey: Foreign firms willing to invest

China’s ongoing progress in market openness, product innovation and business model transformation will secure its position as a strategic priority for multinational corporations, creating long-term financial returns, said market watchers and corporate executives on Thursday. According to a report released on Thursday by the China Council for the Promotion of International Trade, about 90 percent…

Fresh stimulus policies eyed to boost economy

China will step up countercyclical adjustments of its macro policies to bolster economic recovery in the fourth quarter, which will lay a solid foundation for achieving the annual growth target of around 5 percent this year, said officials and economists. Investors are closely watching for clues on new incremental policies as the recently announced stimulus…

Trade-in programs urge for effective recycling supply chain

A worker disassembles refrigerators at Haier’s green recycling interconnection factory in Laixi, Shandong province, on Sept 27. [Photo/Xinhua] As the consumer goods trade-in programs continue to make progress, they will generate a significant amount of waste materials, necessitating a concerted effort to address this challenge through recycling and circular utilization, analysts said. By ensuring the…

China’s industrial profits top 5t yuan in first three quarters

Production equipment presses auto parts at a manufacturing base of Wuzheng Group in Wulian county, East China’s Shandong province, March 13, 2024. [Photo/Xinhua] BEIJING – The combined profit of major industrial enterprises in China reached 5.23 trillion yuan ($735.41 billion) in the January-September period, down 3.5 percent year-on-year, the National Bureau of Statistics (NBS) said…

China against latest US’ restrictive investment measures

[Photo/IC] China firmly opposes the discriminatory investment restriction measures imposed by the United States particularly focusing on the high-tech sector, and will take countermeasures if necessary, the Ministry of Commerce said on Wednesday. The US Treasury Department on Oct 29 finalized a new rule meant to prevent US-based individuals and companies from investing in the…

Wuxi explores innovative development in low-altitude economy

The 2024 Taihu Bay Wuxi Low-Altitude Economy Innovation and Development Conference opens in Wuxi on Oct 26. [Photo provided to chinadaily.com.cn] The 2024 Taihu Bay Wuxi Low-Altitude Economy Innovation and Development Conference took place in Wuxi, Jiangsu province, on Oct 26, aiming to advance the development of the low-altitude economy in the city. Some significant…

China’s Shenzhen to prioritize AI, NEV, biomedical industries

This undated photo shows a bird’s eye view of Qianhai of Shenzhen, Guangdong province. [Photo provided to China Daily] SHENZHEN – Shenzhen, a tech hub located in South China’s Guangdong province, has opened three dedicated offices to prioritize the development of the artificial intelligence (AI), new energy vehicle (NEV), and medicine and medical apparatus industries.…

Tariff hike concerns and Russia-related sanctions focus of latest China-US talks

[Photo/Agencies] China expressed concerns about the tariff hikes imposed by the United States and Russia-related sanctions during a meeting between the two countries’ economic working groups in Washington, the Ministry of Finance said on Saturday. China’s Vice-Minister of Finance Liao Min highlighted the potent package of stimulus policies that the world’s second largest economy introduced…

Tariff hike concerns and Russia-related sanctions focus of latest China-US talks

[Photo/Agencies] China expressed concerns about the tariff hikes imposed by the United States and Russia-related sanctions during a meeting between the two countries’ economic working groups in Washington, the Ministry of Finance said on Saturday. China’s Vice-Minister of Finance Liao Min highlighted the potent package of stimulus policies that the world’s second largest economy introduced…