This file photo shows an exterior view of the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] The renminbi is currently trading around the midpoint of its range in recent years, and China has neither the need nor the intention to weaken the currency to gain a trade advantage, Pan Gongsheng, the governor…
BEIJING — China’s six emerging pillar industries are expected to surpass 10 trillion yuan ($1.45 trillion) in total value in 2030, Zheng Shanjie, head of the National Development and Reform Commission, said Friday. The combined output of sectors, including integrated circuits, aviation and aerospace, biomedicine, the low-altitude economy, new types of energy storage, and intelligent…
BEIJING — China’s six emerging pillar industries are expected to surpass 10 trillion yuan ($1.45 trillion) in total value in 2030, Zheng Shanjie, head of the National Development and Reform Commission, said Friday. The combined output of sectors, including integrated circuits, aviation and aerospace, biomedicine, the low-altitude economy, new types of energy storage, and intelligent…
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Copyright 1994 – . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested…
China’s more proactive fiscal policy this year is marked by expanded funding, robust policy support and enhanced coordination, aimed at effectively mitigating short-term fluctuations and strengthening economic resilience, Minister of Finance Lan Fo’an said at a news conference on Friday. The fiscal policy will continue to follow a more proactive stance, maintaining its strength from…
China has a solid foundation to achieve its GDP growth target of 4.5 to 5 percent in 2026, underpinned by the country’s vast economic scale, growing innovation capabilities and institutional strengths in managing risks, according to the country’s top economic regulator. “China’s economy exceeded 140 trillion yuan ($20.3 trillion) last year, reaching a new level…
China’s securities regulator plans to introduce more inclusive listing standards on ChiNext to better support enterprises from emerging industries, new consumption sectors and modern services, Wu Qing, chairman of the China Securities Regulatory Commission said on Friday. Wu made the remarks at a news conference on the sidelines of the fourth session of the 14th…
China will continue strengthening support for its private sector, with the implementation of the Private Sector Promotion Law expected to further boost confidence, innovation and development momentum among private enterprises, according to the National People’s Congress, China’s top legislature, ahead of the opening of its annual session. “The Party and the country’s fundamental policies to…
China has called for deeper global cooperation in science and technology and highlighted rapid advances in humanoid robots ahead of the annual session of its top legislature on Wednesday. Speaking at a press conference on Wednesday, Lou Qinjian, spokesman for the fourth session of the 14th National People’s Congress, said technological innovation requires an open,…