PARIS — Global economic growth is projected to ease to 2.9 percent in 2026 from 3.3 percent in 2025, before edging up to 3.0 percent in 2027, the Organization for Economic Cooperation and Development (OECD) said in its latest Economic Outlook on Thursday. The report said that the evolving conflict in the Middle East will…
China has urged Japan to “earnestly reflect and correct” its wrongdoings and create conditions for normal economic and trade cooperation between the two countries, the Ministry of Commerce said on Thursday. He Yongqian, spokeswoman for the ministry made the remarks during a news conference in response to media inquiries regarding China-Japan economic ties. “China remains…
China’s hosting of APEC comes at a critical time, as the region is poised to drive global growth and contribute to world peace. This was discussed by former officials, Asia-Pacific Economic Cooperation representatives, and business leaders during the Boao Forum for Asia Annual Conference 2026 on Wednesday. “China is ready to work with all parties…
An aerial drone photo taken on Jan 10, 2026 shows a view of the Sanya International Duty Free City in Sanya, South China’s Hainan province. [Photo/Xinhua] With the global economy navigating geopolitical fractures and mounting uncertainty, the ongoing Boao Forum for Asia Annual Conference 2026 delivered a unified message of strategic openness. “Openness brings development,…
With tensions flaring up in the Middle East and changes in the international situation emerging, Hong Kong’s stable environment, growth potential, cultural allure, and technological prowess are cementing the special administrative region’s status as a safe harbor for global capital. On Tuesday about 400 family office decisionmakers and next-generation successors from Asia, Europe, the Americas,…
Peter Burnett answers questions from journalists on the sidelines of the Boao Forum for Asia Annual Conference 2026 in Boao, Hainan province, on Wednesday. ZHANG WEI/CHINA DAILY China’s green transition, innovation capabilities and policy continuity will create fresh opportunities for foreign firms to introduce their latest products and services during the 15th Five-Year Plan (2026-30)…
China has determined that certain Mexican trade restrictions targeting China constitute barriers to trade and investment, following an investigation launched last September, the Ministry of Commerce said on Wednesday. The probe found that measures taken by Mexico, including increased import tariffs on countries with which it does not have free trade agreements—including China—have restricted and…
BEIJING – China welcomes companies from the United States to continue expanding their presence in the Chinese market and prosper together with China, according to Minister of Commerce Wang Wentao. The minister made the remarks on Monday during a meeting with a delegation of member companies of the US-China Business Council, led by board chair…
This file photo taken shows an exterior view of the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] BEIJING – The People’s Bank of China on Tuesday announced that it will carry out a 500-billion-yuan ($72.52 billion) one-year medium-term lending facility (MLF) operation on Wednesday, aiming to maintain adequate liquidity in the country’s…
BEIJING – China’s state-owned enterprises (SOEs) directly administered by the central government are urged to intensify relocation to and investment in the Xiong’an New Area in North China’s Hebei province, as part of broader efforts to support the area’s high-quality development. A meeting held on Tuesday by the State-owned Assets Supervision and Administration Commission of…