Customers choose Spanish ham and red wine at a store selling imported goods at Yiwu China Commodity City in Yiwu, Zhejiang province, on Jan 30. XU YU/XINHUA The “Shopping in China” initiative will create broader market opportunities for both domestic and foreign businesses, unlocking the potential of China’s vast consumer market and reinforcing the country’s…
CAI MENG/CHINA DAILY The capital market is not only a vital platform for resource allocation and innovation-driven development, but also a key hub supporting China’s long-term economic competitiveness and the enhancement of national strategic capacity. The draft outline of the 15th Five-Year Plan (2026-30) for national economic and social development clearly states that China must…
If one were to judge the priorities of this year’s two sessions by the sheer density of cameras and voice recorders, the answer would be unequivocal: it’s the economy. As we step into the opening year of the 15th Five-Year Plan (2026-30), the atmosphere in the Great Hall of the People feels distinctively different. The…
A view of a data center in Qingyang, Gansu province. XINHUA Northwest China’s Gansu province is transforming its industrial base by pushing forward an industry-driven development strategy to modernize its economic structure and achieve high-quality growth. “As a traditional industrial base, transformation through innovation is imperative,” said Ren Zhenhe, governor of Gansu and a deputy…
The Jilin delegation holds a group deliberation on Saturday. [Photo provided to chinadaily.com.cn] As it enters the 15th Five-Year Plan (2026-30) period, Jilin aims to present a beautiful picture of high-quality development and make significant breakthroughs in its comprehensive revitalization, according to provincial deputies to the National People’s Congress. Huang Qiang, a deputy to the…
Yang Qinglong, a deputy to the 14th National People’s Congress and mayor of Guyuan, Ningxia Hui autonomous region, delivers a speech during the region’s open day during two sessions in Beijing on March 6. [Photo provided to chinadaily.com.cn] In China’s once-impoverished Xihaigu region, long known as one of the country’s harshest places to live, a…
A Hong Kong member of the National Committee of the Chinese People’s Political Consultative Conference expressed confidence that China will achieve its 4.5-5 percent GDP growth target. Stephen Law Cheuk-kin, who also serves as president of the Hong Kong Institute of Certified Public Accountants, said the confidence is based on the strength of key industries…
The Ningxia Hui autonomous region’s NPC deputies hold deliberation as well as open day during two sessions in Beijing on March 6. [Photo provided to chinadaily.com.cn] Northwest China’s Ningxia Hui autonomous region plans to accelerate the development of its competitive industries, focusing on advanced manufacturing, digital infrastructure and clean energy as it seeks to build…
Folk artists perform molten iron fireworks at a scenic area in Hengyang, Hunan province, on Feb 23. CAO ZHENGPING/FOR CHINA DAILY BEIJING — From bustling ski slopes in Heilongjiang province in China’s far northeast to booming duty-free shopping in South China’s Hainan province, the country’s record-long Spring Festival holiday saw a surge in travel, retail…
This aerial panoramic photo taken on Jan 10, 2023, shows a view of Lujiazui area in the China (Shanghai) Pilot Free Trade Zone in East China’s Shanghai. [Photo/Xinhua] China’s latest growth targets and policy priorities set out in the Government Work Report have boosted the confidence of multinational companies in the country’s economic outlook and…