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Sino-US talks a ‘meaningful’ step forward

As officials from China and the United States wrapped up one-and-a-half days of economic and trade talks in Paris on Monday, some US experts described the outcome as a modest but meaningful step toward greater stability in bilateral economic relations. According to Xinhua News Agency, the two sides addressed issues of mutual concern, including tariff…

China’s ambitious growth target ‘is reasonable’

China is well positioned to sustain steady growth over the next five years, underpinned by rapid advances in technological innovation, a deepening shift toward green and low-carbon development, and continued improvements in people’s livelihoods, an official of the Asian Development Bank, or ADB, has said. The country has set an economic growth target of 4.5…

Spending in China boosted by prize-linked invoices

China’s trial program offering incentives via issued invoices is beginning to boost consumption, with 230 million participants and total prize money of 1.85 billion yuan ($260 million) as of March 12, according to latest data from the State Taxation Administration (STA). In an effort to promote consumer spending, three central departments launched a six-month pilot…

China maintains easing stance as oil risks rise

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, officials and analysts said. Potential oil prices-led inflationary pressures facing China’s economy are manageable and will be…

More pilot cities in trade campaign

An aerial drone photo taken on Jan 14, 2026 shows cargo ships loading and unloading containers at a container terminal in Xiamen, Southeast China’s Fujian province. [Photo/Xinhua] China will expand its pilot cities for a cross-border trade facilitation campaign to 45 in 2026, up from 25 in 2025, the General Administration of Customs said on…

Global entities hail nation’s consumption-led growth

China’s continuing shift toward consumption-led growth will strengthen its economic resilience and further support the building of a more balanced and strong global economy, officials of leading international organizations said as the country unveiled its development blueprint for the coming five years. The remarks coincide with the latest official data that point to a solid…

China expands pilot cities for cross-border trade facilitation campaign in 2026

An aerial drone photo taken on Jan 14, 2026 shows cargo ships loading and unloading containers at a container terminal in Xiamen, Southeast China’s Fujian province. [Photo/Xinhua] BEIJING — China will expand its pilot cities for a cross-border trade facilitation campaign to 45 in 2026, up from 25 in 2025, the General Administration of Customs…

Access to China market widening

Performers showcase China’s intangible cultral heritage on Sunday at the international expo center in Hangzhou, Zhejiang province, during a major trade and consumption campaign held as part of the “Big Market for All: Export to China” initiative. The Hangzhou event will conclude on Tuesday. LIAN GUOQING / FOR CHINA DAILY The “Big Market for All:…

Fresh investments to help Shanghai up value chain

A view of the Bund area of Shanghai. CHINA DAILY Fresh investment inflows into Shanghai by international big names and leading domestic industry players, featuring pioneering and future-oriented technologies, will help the city further move up the value chain and pave the way for high-quality economic growth, officials and executives said. Shanghai will step up…

Washington’s unilateral trade probes opposed

China and the United States discussed the “possible extension” of existing bilateral tariff and non-tariff measures and floated the idea of establishing a working mechanism to promote bilateral trade and investment cooperation during their latest round of trade talks in Paris, France, a senior Chinese official said on Monday. Describing the one-and-a-half-days of talks as…