BEIJING — The size of China’s service sector is expected to expand beyond 100 trillion yuan ($14.49 trillion) in the 15th Five-Year Plan period (2026-30), head of the country’s top economic planner said Friday. Zheng Shanjie, head of the National Development and Reform Commission (NDRC), made the remarks at a press conference on the sidelines…
BEIJING — A “more targeted and inclusive” set of listing standards will be added to the ChiNext board in the near future, said Wu Qing, chairman of the China Securities Regulatory Commission, on Friday. Active support will be given to high-quality innovative and entrepreneurial firms operating in new types of consumption and modern services to…
Customers drink local craft beer at a restaurant in Guiyang, the capital city of Southwest China’s Guizhou province, Dec 25, 2025. [Photo/Xinhua] China will scale up efforts to boost consumer spending this year by pairing measures to stimulate the financial capacity of households with continued pro-consumption policies, economists said, as the world’s second-largest economy accelerates…
China will scale up efforts to boost consumer spending this year by pairing measures to stimulate household spending power with pro-consumption policies, according to a government work report submitted to the national legislature for deliberation. China will formulate and implement income growth plans, rolling out a series of practical measures to boost earnings for low-income…
China will scale up efforts to boost consumer spending this year by pairing measures to stimulate household spending power with pro-consumption policies, according to a government work report submitted to the national legislature for deliberation. China will formulate and implement income growth plans, rolling out a series of practical measures to boost earnings for low-income…
China will scale up efforts to boost consumer spending this year by pairing measures to stimulate household spending power with pro-consumption policies, according to a government work report submitted to the national legislature for deliberation. China will formulate and implement income growth plans, rolling out a series of practical measures to boost earnings for low-income…
Shanghai will take greater efforts to make its business environment and government services better, which is conducive to building more wholesome industrial chains, said officials and company executives. The comments came during a news conference recently by the municipal government to announce the commencement of the Shanghai Global Investment Promotion Conference 2026, with a weeklong…
China will pursue a more proactive fiscal policy this year, with the projected deficit-to-GDP ratio set at around 4 percent for 2026, the same as last year, according to the Government Work Report submitted on Thursday to the national legislature for deliberation. That implies a deficit scale of 5.89 trillion yuan ($855 billion) – an…
China’s economic growth target of at least 4.5 to 5 percent this year is both a practical and proactive goal, reflecting the country’s growth potential while leaving room to navigate uncertainties, and China is fully confident of “striving for better in practice”, said a senior official on Thursday. While the external economic environment has become…
This aerial panoramic photo taken on Jan 10, 2023, shows a view of Lujiazui area in the China (Shanghai) Pilot Free Trade Zone in East China’s Shanghai. [Photo/Xinhua] Comparing the China market to a continuously expanding supersized cake, with Shanghai as the most delicious slice, Lu Shan, vice-mayor of Shanghai, said during the city’s annual…