Skip to content

economic

Nation aims to tackle deep structural issues head-on

CAI MENG/CHINA DAILY During the recently concluded two sessions, the country released its Government Work Report. Within the report, the Chinese government signaled a willingness to tackle deep structural issues head-on, chart a new growth model and boost foundations for long-term development. The report comes as China’s economy is entering a pivotal stage in its…

Nation aims to tackle deep structural issues head-on

CAI MENG/CHINA DAILY During the recently concluded two sessions, the country released its Government Work Report. Within the report, the Chinese government signaled a willingness to tackle deep structural issues head-on, chart a new growth model and boost foundations for long-term development. The report comes as China’s economy is entering a pivotal stage in its…

Nation aims to tackle deep structural issues head-on

CAI MENG/CHINA DAILY During the recently concluded two sessions, the country released its Government Work Report. Within the report, the Chinese government signaled a willingness to tackle deep structural issues head-on, chart a new growth model and boost foundations for long-term development. The report comes as China’s economy is entering a pivotal stage in its…

Nation aims to tackle deep structural issues head-on

CAI MENG/CHINA DAILY During the recently concluded two sessions, the country released its Government Work Report. Within the report, the Chinese government signaled a willingness to tackle deep structural issues head-on, chart a new growth model and boost foundations for long-term development. The report comes as China’s economy is entering a pivotal stage in its…

Institutional opening-up to pay dividends

MA XUEJING/CHINA DAILY China is accelerating a deeper phase of financial opening-up, shifting beyond market access toward a new era of “institutional opening” anchored in global standards for rules, regulation, governance and financial infrastructure. This is a transformation that is expected to strengthen the country’s modern financial system while equipping banks to better support Chinese…

Financial reform to underpin new development paradigm

China’s financial market opening advanced markedly during the 14th Five-Year Plan period (2021-25). Financial institutions made notable strides in attracting foreign capital and expanding their global presence, while capital market connectivity mechanisms deepened and China’s influence in global financial markets continued to grow. These achievements stem from a steady and gradual approach to opening-up, stronger…

Nation aims to be major hub of global demand

Staff members work on a production line at a workshop of Changan Mazda in Nanjing, East China’s Jiangsu province, March 17, 2026. [Photo/Xinhua] China will step up efforts to improve its fiscal and monetary policy in order to boost domestic consumption and enhance people’s well-being, as the country accelerates toward becoming a major hub of…

Forum highlights opening-up, innovation

Premier Li Qiang shakes hands with Dilma Rousseff, president of the New Development Bank, when greeting participants and business leaders before the opening ceremony of the China Development Forum 2026 in Beijing on Sunday. WANG ZHUANGFEI / CHINA DAILY Beijing has called for opening-up and technological progress to drive new market growth, in order to…

China’s fiscal policy to place greater emphasis on openness, shared benefits over next five years: finance minister

BEIJING — China’s fiscal policy will place greater emphasis on openness and shared benefits over the next five years, allowing countries worldwide to share in its development opportunities, Minister of Finance Lan Fo’an said on Sunday. Against a backdrop of subdued global economic momentum, China will pursue a proactive fiscal policy at home while strengthening…

The Jinjiang way: Powering consumption

Anta’s Olympic series sports products on display at a museum in Jinjiang, Fujian province on Aug 22, 2024. [Photo/Xinhua] To understand how China plans to unlock domestic demand in the years ahead, look no further than a single city’s playbook unfolding in Beijing. Launched on March 15 and running for one month, the “Super Jinjiang,…