Dalian, Liaoning province, hosted the “Dalian Night” reception on Tuesday during the ongoing World Economic Forum meeting in Davos, Switzerland. [Photo by Xu Boyuan/For chinadaily.com.cn] Dalian, Liaoning province, hosted the “Dalian Night” reception on Tuesday during the ongoing World Economic Forum meeting in Davos, Switzerland. The event served as a prelude to this year’s meeting…
As a major engine of global economic growth, China actively engages with the world through its commitment to openness and continuous technological innovation. Its vast market provides a stable and reliable platform for international exchange and cooperation. By 2025, China had established trade relations with 249 countries and regions, achieving trade growth with more than…
China is stepping up efforts to boost domestic demand by placing greater emphasis on raising people’s incomes, expanding consumption capacity and fostering stronger internal economic circulation, in a bid to address persistent demand shortfalls and support more sustainable growth, the country’s top economic regulator said on Tuesday. Analysts said the latest signals underscore the resolve…
A residential property project under construction in Hangzhou, Zhejiang province. LONG WEI/FOR CHINA DAILY Real estate development projects that have been placed on a “white list” under China’s financing coordination mechanism are expected to secure extensions on their existing loans, provided they meet specific conditions and standards, said industry insiders. The new move will provide…
Liao Min, vice-minister of finance, Li Xianzhong, director general of the Comprehensive Department of the Ministry of Finance (MOF), and Yu Hong, director general of the Department of Finance of the MOF, attend a press conference held by the State Council Information Office (SCIO) on implementing a proactive fiscal policy for high-quality economic and social…
China will continue to expand high-level opening-up and steadily advance institutional opening-up, officials said on Monday, as the Investment Promotion Agency of the Ministry of Commerce unveiled an extensive program of domestic and overseas promotion activities for 2026. The Chinese and Foreign Investment Promotion Agencies Conference, hosted by Investment Promotion Agency in Beijing, is part…
China will continue to expand high-level opening-up and steadily advance institutional opening-up, officials said on Monday, as the Investment Promotion Agency of the Ministry of Commerce unveiled an extensive program of domestic and overseas promotion activities for 2026. The Chinese and Foreign Investment Promotion Agencies Conference, hosted by Investment Promotion Agency in Beijing, is part…
China’s gross domestic product expanded by 5 percent in 2025 despite pressures, meeting the country’s preset annual growth target of around 5 percent, official data showed on Monday. The country’s annual GDP came in at 140.19 trillion yuan ($20.13 trillion) in 2025, according to the National Bureau of Statistics. For the fourth quarter of 2025,…
BEIJING – The People’s Bank of China, the country’s central bank, announced on Wednesday that it will conduct a 900-billion-yuan ($128.35 billion) outright reverse repo operation on Thursday to maintain ample liquidity in the banking system. The operation will be carried out with a fixed quantity through interest-rate bidding, with winning bids determined at multiple…
China will reduce the interest rates of various structural monetary instruments by 0.25 percentage points in order to boost lending, with the one-year interest rate on various central bank lending facilities to be lowered from the current 1.5 percent to 1.25 percent, Zou Lan, vice-governor of the People’s Bank of China, said. The minimum down…