Guangdong showed steady import growth this year that pushed the province’s overall trade to new heights heading into December, according to data released by Guangdong Customs on Wednesday. From January to November, the province bought 1.17 trillion yuan ($165.7 billion) worth of integrated circuits, an increase of 15.6 percent that made up more than a…
China urged the Netherlands on Thursday to take effective efforts to quickly resolve the issues surrounding semiconductor manufacturer Nexperia, an overseas subsidiary of Chinese company Wingtech, according to the Ministry of Commerce. Recently, Wingtech sent a letter to the independent directors and equity trustees of Nexperia in the Netherlands, inviting them to China to discuss…
Tourists enjoy the city view at a scenic area in Southwest China’s Chongqing municipality, Oct 2, 2025. [Photo/Xinhua] Newly released tax data for the first 11 months of 2025 have pointed to steady growth momentum in China’s economy, featuring a rise in consumption, resilient exports, advances in sci-tech innovation, greener development and further progress in…
A tourist takes pictures at Yangliuqing ancient town in Tianjin, North China, on Dec 3, 2025. [Photo/Xinhua] China will prioritize demand to build a strong domestic market next year while pressing ahead with reforms to bolster momentum and vitality for high-quality development and continued opening-up to promote win-win cooperation across multiple sectors, it was stated…
BEIJING — The World Bank on Thursday released its latest China Economic Update in Beijing, raising its 2025 economic growth forecast for the world’s second-largest economy by 0.4 percentage points. The World Bank said that accommodative fiscal and monetary policies supported domestic consumption and investment. Simultaneously, demand from developing countries sustained exports. “China’s growth in…
Exhibitors conduct a live streaming event at the booth of a New Zealand honey brand at the Food and Agricultural Products exhibition area during the eighth China International Import Expo (CIIE) in East China’s Shanghai, on Nov 6, 2025. [Photo/Xinhua] Even though an increasingly challenging external environment clouds global economic prospects, China will continue to…
This photo taken on Nov 14, 2025 shows a scene of the 27th China Hi-Tech Fair in Shenzhen, South China’s Guangdong province. [Photo/Xinhua] China’s banking sector is ramping up its technology finance capabilities as it pushes toward high-quality development, with experts urging lenders to adopt a portfolio-based approach to sci-tech lending and assess whether overall…
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BEIJING — The International Monetary Fund (IMF) on Wednesday raised its forecast for China’s economic growth in 2025 to 5 percent year-on-year, up by 0.2 percentage points from its previous estimate in October. The upgrade followed the conclusion of the IMF’s 2025 Article IV Consultation mission to China. An IMF team, led by Mission Chief…
Visitors learn about a manned aircraft during the China International Digital Economy Expo 2025 in Shijiazhuang, North China’s Hebei province, Oct 17, 2025. [Photo/Xinhua] The Asian Development Bank revised up the Chinese mainland’s 2025 growth forecast, citing stronger-than-expected GDP growth in the first three quarters and new policy support, according to the December edition of…