Skip to content

economic

Tianjin mayor touts financial, industrial integration

The opening ceremony of the Tianjin Wudadao Forum on Sunday. [Photo provided to chinadaily.com.cn] Tianjin is committed to enhancing collaborations that will drive the deep integration of finance with industry chains, as well as intensifying efforts to establish a high-level financial innovation zone, Mayor Zhang Gong said during the Tianjin Wudadao Forum on Sunday —…

Foreign trade expected to continue steady growth momentum

Container vessels unload cargo at a terminal in Qingdao, Shandong province, in August. [Photo provided to China Daily] China’s foreign trade will maintain its steady growth for the remainder of the year, supported by the strong performance from January to September, government officials and exporters said on Monday. Aside from upgrading their products, broadening sales…

China hailed as transformative force

China’s achievements over the past 75 years have been nothing short of spectacular, said Danilo Turk, former president of Slovenia, highlighting China’s role as a transformative force on the global stage, both economically and diplomatically. Danilo Turk, former president of Slovenia. [Photo provided to chinadaily.com.cn] In a recent interview with China Daily, Turk also praised…

Bold measures to rev up Chinese economy

Turbines at Fuqing Xinghua Bay Offshore Wind Farm in Fujian province on August 8. JIANG KEHONG/XINHUA China’s economy will likely pick up pace in the fourth quarter amid a slew of bolder-than-expected stimulus measures, providing strong support for achieving its annual growth target of around 5 percent this year, economists said. As China grapples with lackluster…

G20 Roundtable at Tsinghua shines light on digital transformation empowering women and youth employment

The 2024 G20 Entrepreneurship Roundtable was held at School of Economics and Management, Tsinghua University, on Oct 15-16. [Photo provided to chinadaily.com.cn] The booming digital economy has the potential to unlock new possibilities for women through flexible work models, said Dong Kui, secretary-general of the China Women’s Development Foundation, at the 2024 G20 Entrepreneurship Roundtable…

More focus on ESG key to green shift

The fourth edition of the ESG Global Leaders Conference will take place in at The Bund City Hall Plaza in Shanghai’s Huangpu district from Oct 16 to 18. [Photo provided to chinadaily.com.cn] Companies should attach greater importance to conducting more environmental, social and governance practices to contribute to China’s green transition, said experts and market…

Southern economic powerhouse province sets sights on space economy

An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY GUANGZHOU – South China’s economic powerhouse, Guangdong province, is attempting to capitalize on the thriving commercial space industry in a bid to fuel its high-quality development. This week, the provincial government unveiled an action plan for the next four…

Asia-Pacific trade thrives despite global economic slowdown: report

A foreign visitor to the China Import and Export Fair talks to volunteers of Alipay+ on topics of cross-border payment methods. [Photo provided to chinadaily.com.cn] Despite the recent slowdown in global economic growth, geopolitical conflicts and protectionist policies, which have collectively decelerated international trade growth and cross-border capital flows, trade in the Asia-Pacific maintained growth…

Stabilizing growth tops national agenda

The financial district of Pudong New Area. [Photo by Gao Erqiang/China Daily] Securing stable economic growth while maintaining fiscal viability lies at the core of China’s pursuit of national security amid intensified external uncertainties and a lingering real estate downturn, leading economists said. To achieve these goals, they suggested taking decisive measures such as strengthening…

Kite industry drives local economic development

Creative cultural products based on kites are pictured at a kite workshop in Hanting district of Weifang, East China’s Shandong province, Oct 14, 2024. [Photo/Xinhua] Kites are helping to drive the economic development in Weifang, East China’s Shandong province. As a kind of creative cultural product, kites have diversified categories, creating jobs for about 80,000…