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…
A cashier at a bank in Taiyuan, Shanxi province counts renminbi notes. [Photo/China News Service] China will continue to adopt a proactive fiscal policy this year, employing tools such as increased expenditure, a wider deficit and government bond issuance, to stimulate domestic demand and ensure stable economic growth amid rising external uncertainties, officials and economists…
Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] China’s monetary policy is set to remain on an easing path to support growth and domestic demand as the United States Federal Reserve held rates steady amid rising oil prices driven by geopolitical uncertainties in the Middle East,…
Northwest China’s Xinjiang Uygur autonomous region will launch a series of measures this year to optimize its international business environment, focusing on enhancing trade and customs clearance efficiency and investment services. Emphasis will be placed on strengthening legal and policy support to facilitate economic and trade cooperation between Xinjiang and countries involved in the Belt…
China will step up antitrust enforcement in 2026 to break down local protectionism and market fragmentation, the country’s market regulator said on Thursday. At the 2026 national antitrust work conference held in Xiamen, Fujian province, the State Administration for Market Regulation said this year’s priorities include deepening fair competition governance, regulating market order, and addressing…
China’s general public budget revenue, the sum of tax revenue and non-tax revenue, reached about 4.42 trillion yuan ($639.8 billion) in the first two months of this year, up 0.7 percent year-on-year, according to the Ministry of Finance on Thursday. Of this, the country’s tax revenue amounted to 3.64 trillion yuan, an uptick of 0.1…
China and the United States have agreed to study the establishment of a cooperation mechanism to promote bilateral trade and investment, and to continue leveraging existing consultation frameworks, according to the Ministry of Commerce. The ministry’s announcement came after Chinese and US delegations held candid, in-depth, and constructive exchanges in Paris from March 15 to…
Robots work at a production line at a welding workshop of Hongquan Industrial Co Ltd in Yangzhou city, East China’s Jiangsu province, Feb 28, 2026. [Photo/Xinhua] China is well positioned to achieve a solid start to the 15th Five-Year Plan (2026-30) despite lingering economic pressures, supported by stronger policy backing and the rapid development of…
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A visitor looks at AI-enabled robots at the booth of Hisense during an expo in Las Vegas. ZENG HUI/XINHUA The fundamental complementarity between the Chinese and US economies offers a solid foundation for pragmatic cooperation, but realizing this potential requires mutual efforts, a senior trade expert told China Daily in an exclusive interview. Noting that…