This undated photo shows a bird’s eye view of Qianhai of Shenzhen, Guangdong province, China. [PHOTO PROVIDED TO CHINA DAILY] China’s push to further expand opening-up will strengthen investor confidence and support economic growth by creating a more predictable business environment and broader market opportunities for foreign enterprises, said market watchers and business executives on…
In 2025, the regional gross domestic product of Shanghai’s Changning district totaled 289.8 billion yuan ($42 billion). The average annual growth rate of GDP during the 14th Five-Year-Plan period (2021-25) reached 7 percent, ranking first in the city, an investment promotional meeting held in Changning on Tuesday showed. Also, according to the meeting, the district,…
China’s slightly lower GDP growth target of 4.5 to 5 percent for this year signals what experts view as a pragmatic adjustment that will be paired with robust policy support aimed primarily at strengthening domestic demand. In the Government Work Report submitted on Thursday to China’s top legislature for deliberation, the government outlined proactive fiscal…
The State Taxation Administration unveiled this week the outcomes of key initiatives carried out in 2025, designed to build a unified national market and support high-quality economic development via fairer tax policies. A core component of these initiatives was strict governance of unlawful tax practices tied to local investment incentives, with a disciplinary rule enforced…
BEIJING — The size of China’s service sector is expected to expand beyond 100 trillion yuan ($14.49 trillion) in the 15th Five-Year Plan period (2026-30), head of the country’s top economic planner said Friday. Zheng Shanjie, head of the National Development and Reform Commission (NDRC), made the remarks at a press conference on the sidelines…
BEIJING — A “more targeted and inclusive” set of listing standards will be added to the ChiNext board in the near future, said Wu Qing, chairman of the China Securities Regulatory Commission, on Friday. Active support will be given to high-quality innovative and entrepreneurial firms operating in new types of consumption and modern services to…
Customers drink local craft beer at a restaurant in Guiyang, the capital city of Southwest China’s Guizhou province, Dec 25, 2025. [Photo/Xinhua] China will scale up efforts to boost consumer spending this year by pairing measures to stimulate the financial capacity of households with continued pro-consumption policies, economists said, as the world’s second-largest economy accelerates…
China will scale up efforts to boost consumer spending this year by pairing measures to stimulate household spending power with pro-consumption policies, according to a government work report submitted to the national legislature for deliberation. China will formulate and implement income growth plans, rolling out a series of practical measures to boost earnings for low-income…
China will scale up efforts to boost consumer spending this year by pairing measures to stimulate household spending power with pro-consumption policies, according to a government work report submitted to the national legislature for deliberation. China will formulate and implement income growth plans, rolling out a series of practical measures to boost earnings for low-income…
China will scale up efforts to boost consumer spending this year by pairing measures to stimulate household spending power with pro-consumption policies, according to a government work report submitted to the national legislature for deliberation. China will formulate and implement income growth plans, rolling out a series of practical measures to boost earnings for low-income…