BEIJING — During the 15th Five-Year Plan period (2026-30), China will unswervingly expand high-level opening up and promote high-quality development, which will create wider market opportunities for multinational corporations, Chinese Vice-Premier He Lifeng said in Beijing on Saturday. He, also a member of the Political Bureau of the Communist Party of China Central Committee, made…
China’s A-share market is at a critical turning point as recovering economic fundamentals and fresh capital inflows drive a shift from zero-sum game toward incremental allocation, with a more resilient and stable capital market ecosystem taking shape, according to participants at a CITIC Securities forum. China has set its 2026 GDP growth target at 4.5…
China released a draft of its first fundamental law governing the financial sector on Friday, offering a top-level legal framework for the entire sector and marking a key step toward building a financial powerhouse. The draft financial law, jointly issued by the Ministry of Justice, the People’s Bank of China and other top financial regulators,…
A series of dialogues between CEOs of multinational corporations and senior officials of Beijing took place on Friday, setting the stage for a new model of future cities. During the event, Beijing Mayor Yin Yong said: “Over the past five years, the number of foreign-invested enterprises in Beijing has increased by more than 9,000, and…
China has unveiled a comprehensive policy package aimed at promoting travel service exports and expanding inbound consumption, according to a document released by the Ministry of Commerce on Friday. “Promoting travel service exports and expanding inbound consumption are important initiatives for vigorously developing trade in services and enhancing China’s global influence,” the document noted. “They…
China on Friday expressed serious concern over remarks by a Mexican official regarding potential restrictions on Chinese investment, urging Mexico not to politicize economic and trade issues, according to a statement released by China’s Ministry of Commerce.Mexican media reported that a senior official from Mexico’s Ministry of Economy said that the United States has accused…
Economic cooperation between China and the United Kingdom is gaining momentum despite global turbulence, business leaders and officials said at the 8th China-UK Economic and Trade Forum in London on Wednesday. Under the theme, “United in Momentum, Deepening Collaboration for a Shared Future”, the forum brought together around 350 representatives from government, business, and academia…
The core area of Shanghai’s Hongqiao International Central Business District, which is at the heart of the Hongqiao International Opening-up Hub. [Photo provided to chinadaily.com.cn] Occupying less than 2 percent of the Yangtze River Delta (YRD) region’s land, the Hongqiao International Opening-up Hub generated nearly 10 percent of the region’s GDP, officials said at a…
Industrial output and consumption in Guangdong province showed significant improvement from January to February, indicating a strong start to the year, according to local statistics authorities. In the first two months, the added value of industrial enterprises above a designated size increased by 7.9 percent year-on-year, a growth rate 4.9 percentage points higher than the…
Technicians test an intelligent robot at a high-tech park in Fuzhou, Fujian province. XIE GUUIMING/FOR CHINA DAILY China’s drive to cultivate “new quality productive forces” is gaining momentum, with this year’s Government Work Report highlighting the creation of new forms of smart economy, the deepening of “Artificial Intelligence Plus” initiatives and the development of data…