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G20 Roundtable at Tsinghua shines light on digital transformation empowering women and youth employment

The 2024 G20 Entrepreneurship Roundtable was held at School of Economics and Management, Tsinghua University, on Oct 15-16. [Photo provided to chinadaily.com.cn] The booming digital economy has the potential to unlock new possibilities for women through flexible work models, said Dong Kui, secretary-general of the China Women’s Development Foundation, at the 2024 G20 Entrepreneurship Roundtable…

More focus on ESG key to green shift

The fourth edition of the ESG Global Leaders Conference will take place in at The Bund City Hall Plaza in Shanghai’s Huangpu district from Oct 16 to 18. [Photo provided to chinadaily.com.cn] Companies should attach greater importance to conducting more environmental, social and governance practices to contribute to China’s green transition, said experts and market…

Southern economic powerhouse province sets sights on space economy

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY GUANGZHOU – South China’s economic powerhouse, Guangdong province, is attempting to capitalize on the thriving commercial space industry in a bid to fuel its high-quality development. This week, the provincial government unveiled an action plan for the next four…

Asia-Pacific trade thrives despite global economic slowdown: report

A foreign visitor to the China Import and Export Fair talks to volunteers of Alipay+ on topics of cross-border payment methods. [Photo provided to chinadaily.com.cn] Despite the recent slowdown in global economic growth, geopolitical conflicts and protectionist policies, which have collectively decelerated international trade growth and cross-border capital flows, trade in the Asia-Pacific maintained growth…

Stabilizing growth tops national agenda

The financial district of Pudong New Area. [Photo by Gao Erqiang/China Daily] Securing stable economic growth while maintaining fiscal viability lies at the core of China’s pursuit of national security amid intensified external uncertainties and a lingering real estate downturn, leading economists said. To achieve these goals, they suggested taking decisive measures such as strengthening…

Kite industry drives local economic development

Creative cultural products based on kites are pictured at a kite workshop in Hanting district of Weifang, East China’s Shandong province, Oct 14, 2024. [Photo/Xinhua] Kites are helping to drive the economic development in Weifang, East China’s Shandong province. As a kind of creative cultural product, kites have diversified categories, creating jobs for about 80,000…

Policies to support smaller enterprises

Employees work on the production line of a high-tech company in Tianjin. [Photo/Xinhua] China will implement a batch of policies, including those addressing financing and credit, to support small and micro-sized enterprises, platform firms and unicorns, so as to help them expand business and unleash vitality, it was announced on Monday at a conference by…

Systematic approach to support economy

CAI MENG/CHINA DAILY The Political Bureau of the Communist Party of China Central Committee held a meeting on Sept 26 to study and analyze the current economic situation and make further arrangements for economic work. As the year draws to a close, this meeting may serve as the last comprehensive deployment meeting for economic work…

Shift in policy to strengthen nation’s growth

The skyline of Beijing. [Photo/VCG] China’s economic growth is expected to strengthen on a sequential basis amid the latest stimulus package and with more incremental policies in the pipeline, translating into over 5 percent year-on-year growth in the fourth quarter, analysts and economists said on Sunday. They said a long-awaited policy shift is unfolding for…

NDRC brings forward investment plans

A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China will bring forward part of the investment plans originally set for 2025 to this year while studying to expand the scope that local government special bonds can be used, as part of the country’s stepped-up efforts to spur…