China has a solid foundation to achieve its GDP growth target of 4.5 to 5 percent in 2026, underpinned by the country’s vast economic scale, growing innovation capabilities and institutional strengths in managing risks, according to the country’s top economic regulator. “China’s economy exceeded 140 trillion yuan ($20.3 trillion) last year, reaching a new level…
China’s securities regulator plans to introduce more inclusive listing standards on ChiNext to better support enterprises from emerging industries, new consumption sectors and modern services, Wu Qing, chairman of the China Securities Regulatory Commission said on Friday. Wu made the remarks at a news conference on the sidelines of the fourth session of the 14th…
China will continue strengthening support for its private sector, with the implementation of the Private Sector Promotion Law expected to further boost confidence, innovation and development momentum among private enterprises, according to the National People’s Congress, China’s top legislature, ahead of the opening of its annual session. “The Party and the country’s fundamental policies to…
China has called for deeper global cooperation in science and technology and highlighted rapid advances in humanoid robots ahead of the annual session of its top legislature on Wednesday. Speaking at a press conference on Wednesday, Lou Qinjian, spokesman for the fourth session of the 14th National People’s Congress, said technological innovation requires an open,…
China will scale up efforts to boost consumption and foster a robust domestic market this year, the National People’s Congress, the country’s top legislature, said on Wednesday, one day ahead of the opening of its annual session. Lou Qinjian, spokesman for the fourth session of the 14th NPC, said at a news conference that the…
A Haier employee (left) addresses visitor queries during a product debut ceremony in Johannesburg, South Africa, on Feb 2. CHEN WEI/XINHUA Driven by industrial restructuring and rising demand for cost-efficient solutions in many sectors, overseas markets will continue to show a strong appetite for China’s outbound direct investment, or ODI, in 2026, especially in high-end…
Journalists work at a news conference of the fourth session of the 14th National People’s Congress, China’s top legislature, at the Great Hall of the People in Beijing on Wednesday, one day ahead of the opening of the annual session. WANG JING/CHINA DAILY China will ramp up efforts to boost consumption this year by combining…
China warned on Monday that it will take necessary measures to safeguard its business interests after the United Kingdom imposed a new round of Russia-related sanctions last week that include several Chinese companies, according to the Ministry of Commerce. A ministry spokesperson said in a statement that the UK has repeatedly imposed sanctions on Chinese…
An ongoing property project in Hengshui, Hebei province. TANG KE/FOR CHINA DAILY China’s major cities are likely to see a moderate pickup in home purchases during the traditional high season in March and April, building on momentum generated during the recently concluded Spring Festival holiday, industry insiders and analysts said. Analysts also expect policymakers to…
MA XUEJING/CHINA DAILY China is expected to unveil its annual economic growth target at the upcoming two sessions, the yearly meetings of the country’s top legislature and political advisory body, signaling a growth-oriented stance that will require more proactive fiscal support and renewed efforts to boost domestic demand, economists said. As the opening year of…