CAI MENG/CHINA DAILY During the 15th Five-Year Plan (2026-30) period, China should make coordinated efforts in policy support, technological empowerment, institutional innovation, scenario expansion, and platform globalization to build a more efficient, inclusive and sustainable digital consumption ecosystem, providing stronger momentum for expanding domestic demand and promoting a more efficient circulation between supply and demand.…
A resident shops at a supermarket in Wenhua community in Xiong’an New Area, North China’s Hebei province, Nov 25, 2025. [Photo/Xinhua] Since the beginning of 2025, in the backdrop of a complex and volatile external environment, China has placed greater emphasis on boosting consumption to comprehensively expand domestic demand. Various policies to stimulate consumption have…
Nanshan district in Shenzhen, Guangdong province, is showing how technological innovation can lead to economic growth — even with limited resources — and turn it into a sustainable driver of development. Li Xiaoning, head of Nanshan district, recently announced that the district had surpassed the 1 trillion yuan ($143.7 billion) GDP benchmark for the first…
Despite the latest A-share pullback, foreign financial institutions remain upbeat on China’s equity markets, citing consumption-led rebalancing, shareholder return reforms and profitability improvements as key medium to long-term growth drivers. Patrick Zweifel, chief economist at Pictet Asset Management, said that the Swiss asset manager maintains an overweight position in Chinese equities, emphasizing that the positive…
Investor sentiment toward China’s capital markets remained broadly resilient toward the end of 2025, characterized by a clear divergence between rising optimism among retail investors and a shift toward prudence among financial professionals, according to a survey by the Cheung Kong Graduate School of Business. The latest investor sentiment survey released on Wednesday found that…
Investor sentiment toward China’s capital markets remained broadly resilient toward the end of 2025, characterized by a clear divergence between rising optimism among retail investors and a shift toward prudence among financial professionals, according to a survey by the Cheung Kong Graduate School of Business. The latest investor sentiment survey released on Wednesday found that…
People shop for snacks at a stall at Sanshui grocery market in Hexi district of Tianjin, North China, Nov 25, 2025. [Photo/Xinhua] Though showing resilience and signs of recovery, China’s economy remains constrained by weak domestic demand and fragile internal growth drivers, prompting economists to call for a stronger, more decisive role for monetary policy…
Foreign tourists shop at a mall in Sanya, Hainan province, on Jan 11. GUO CHENG/XINHUA China’s push to expand domestic demand and improve its business environment will increasingly converge, as policymakers seek to anchor growth in consumption while maintaining the country’s appeal to foreign companies amid global uncertainty, said a foreign economist. John Quelch, executive…
An image captures the construction of the Tianjin-Weifang High-speed Railway, a key segment of China’s “eight vertical and eight horizontal” high-speed rail network. The HSR is being built by State builders such as China Railway 24th Bureau Group Corp. CHINA DAILY BEIJING — China’s provincial-level governments have unveiled their GDP targets for this year and…
The annual session of the Shanghai Municipal People’s Congress, the city’s legislative body, opens on Tuesday. [Photo provided to chiandaily.com.cn] Shanghai has set its economic growth target for this year at approximately 5 percent, with research and development spending projected to account for about 4.6 percent of the city’s total GDP, said Gong Zheng, mayor…