China setting this year’s GDP growth target at between 4.5 percent and 5 percent is both “reasonable, necessary”, and the target is also achievable, said Sun Xuegong, director-general of the department of policy study and consultation at the Chinese Academy of Macroeconomic Research. He told China Perspective during an exclusive interview that the target aligns…
China is aiming for a GDP growth rate of at least 4.5 to 5 percent in 2026, according to a government work report that was submitted Thursday to the country’s top legislature for deliberation. Premier Li Qiang, who delivered the report at the opening of the fourth session of the 14th National People’s Congress in…
BEIJING — China’s GDP is expected to grow by over 6 trillion yuan (about $869.6 billion) this year, head of the country’s top economic planner said Friday. This economic expansion will provide solid support for employment, people’s well-being and risk prevention, Zheng Shanjie, head of the National Development and Reform Commission, told a press conference…
BEIJING — China’s GDP is expected to grow by over 6 trillion yuan (about $869.6 billion) this year, head of the country’s top economic planner said Friday. This economic expansion will provide solid support for employment, people’s well-being and risk prevention, Zheng Shanjie, head of the National Development and Reform Commission, told a press conference…
BEIJING — China’s GDP is expected to grow by over 6 trillion yuan (about $869.6 billion) this year, head of the country’s top economic planner said Friday. This economic expansion will provide solid support for employment, people’s well-being and risk prevention, Zheng Shanjie, head of the National Development and Reform Commission, told a press conference…
BEIJING — China will improve “market-stabilizing mechanisms with Chinese characteristics” during the 15th Five-Year Plan period (2026-30), said Wu Qing, chairman of the China Securities Regulatory Commission, on Friday. China will enrich the means and mechanisms of cross- and counter-cyclical adjustments, and enhance the intrinsic stability of the market, Wu told a press conference on…
BEIJING – China has no need or intention to seek competitive edges in foreign trade through the depreciation of its currency, China’s central bank governor said Friday. Pan Gongsheng, governor of the People’s Bank of China (PBOC), made the remarks at a press conference on the sidelines of the fourth session of the 14th National…
BEIJING – China has no need or intention to seek competitive edges in foreign trade through the depreciation of its currency, China’s central bank governor said Friday. Pan Gongsheng, governor of the People’s Bank of China (PBOC), made the remarks at a press conference on the sidelines of the fourth session of the 14th National…
BEIJING — China will promote imports of high-quality consumer services, including medical and health care services, as the country moves to vigorously develop trade in services, Chinese Minister of Commerce Wang Wentao said on Friday. China will make good use of visa-free and other policies, expand travel service exports, and tap the export potential of…
China’s consumer goods trade-in program will prioritize green and intelligent products this year, while ensuring stronger support for brick-and-mortar retailers, the country’s commerce minister said on Friday. “Trade-ins are not simply about replacing old items with new ones,” Commerce Minister Wang Wentao said. “They also help create market space for emerging industries and high-tech products.”…