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Moroccan ambassador to China: Chinese economy vital to the world economy

“If the Chinese economy goes well, the rest of the world economy will go well,” Abdelkader El ANSARI, the Moroccan ambassador to China, said in an interview with China Daily Website. He also highlighted the existing cooperation between China and Morocco in several key economic sectors and expressed his hope for more to come. Click…

Foreign firms ride strong growth arc

A visitor tries a lung function testing device at AstraZeneca’s booth at the 8th China International Import Expo in Shanghai on Nov 7.Fan Yuqing/Xinhua A growing number of multinational corporations are deepening their roots in China amid global uncertainties, drawn by the country’s rapidly advancing innovation capabilities, the sheer scale of its domestic market, and…

Overseas visitors leave with bounty of bargains, memories

A foreign tourist who has just disembarked from a cruise ship begins her exploration in Shanghai on April 4. [Photo provided to China Daily] China, with targeted measures such as streamlining visa procedures and improving departure tax refund arrangements, has increasingly turned itself into not only a premier tourism destination but also an attractive shopping…

China eyes more balanced trade for economic resilience

China will “promote balanced trade” this year by expanding imports while stabilizing exports, a strategy that aims to turn its domestic market into development opportunities shared by trading partners worldwide, officials and economists said. “China will leverage its super-sized domestic market advantages to expand imports of agricultural products, quality consumer goods, advanced technology equipment and…

Capital mkt reforms to pick up pace

Wu Qing (center), chairman of the China Securities Regulatory Commission, at a news conference on the sidelines of the fourth session of the 14th National People’s Congress on Friday. Wang Jing/China Daily Continued efforts will be made to further improve the quality and expand the size of the Chinese capital market during the 15th Five-Year…

Capital mkt reforms to pick up pace

Wu Qing (center), chairman of the China Securities Regulatory Commission, at a news conference on the sidelines of the fourth session of the 14th National People’s Congress on Friday. Wang Jing/China Daily Continued efforts will be made to further improve the quality and expand the size of the Chinese capital market during the 15th Five-Year…

China eyes 4.5-5% growth in 2026 as flexible target anchors expectations

China has set a GDP growth target of 4.5-5 percent for 2026, a range economists say signals a more flexible policy stance that can stabilize market expectations while giving policymakers greater room to fine-tune macro measures to sustain stable growth and advance higher-quality development. Compared with the government work reports from 2023 to 2025, the…

GDP growth target for 2026-2030 reflects pursuit of high-quality development: official

BEIJING — The gross domestic product growth target set by the draft outline of China’s 15th Five-Year Plan (2026-30) has fully reflected a distinct orientation toward high-quality development by embedding quantitative requirements within a qualitative framework, an official said Saturday. Zheng Bei, deputy head of the National Development and Reform Commission, made the remarks at…

Government stepping up policy support to drive economic growth

A news conference on China’s economic policies gets underway on Friday in Beijing during the fourth session of the 14th National People’s Congress, China’s top legislature. Wang Xi/Xinhua China is stepping up policies to boost domestic demand and consumption this year to ensure it achieves its 2026 growth target and starts the 15th Five-Year Plan…

Nation’s GDP target heralds steady growth

China’s aim for a GDP growth rate of at least 4.5 to 5 percent in 2026 balances the need to maintain solid expansion with a continued shift toward higher-quality development, experts said. On Thursday, Premier Li Qiang delivered the Government Work Report at the opening of the fourth session of the 14th National People’s Congress,…