Skip to content

economic

‘Golden name cards’ help China, EU forge market bonds

  • by

French exhibitors introduce their wines to a visitor during the Qingtian Imported Wine Fair in Zhejiang province on Nov 12, 2023. FU FEIYANG/CHINA NEWS SERVICE At the Qingtian Imported Wine Fair in Zhejiang province in November, the scent of oak and grapes mingled with growing business optimism. As visitors sampled wines amid the clinking of…

Decoding the Central Economic Work Conference

  • by

Consumer goods trade-ins, the silver economy, the ice-and-snow economy……You may not know that all these key words are related to an important conference! It is the Central Economic Work Conference that has been held at the end of every year. What signals will be sent at this year’s conference? Stay tuned! Tanks to chinadaily.com.cn Please…

City ready to boost strategy for next five-year plan

  • by

AI-powered androids play football with children at a shopping mall in Shanghai on June 14. YING TANG/NURPHOTO/GETTY IMAGES While Shanghai has already overtaken all other cities with a whopping 10,000 cafes, flavor is no longer the main factor competing for coffee lovers’ attention. Providing more “emotional value”, ideally with a touch of technology, can help…

Sharper focus on expanding demand seen

  • by

Customers purchase goods at a Pangdonglai store in Xuchang, Central China’s Henan province, April 15, 2025. [Photo/Xinhua] China is expected to step up the efficiency of its proactive fiscal policy next year, sharpening its focus on expanding domestic demand and strengthening long-term innovation capacity — priorities experts say will anchor China’s economic strategy for the…

Greater policy emphasis on growth anticipated

  • by

CAI MENG/CHINA DAILY The upcoming annual Central Economic Work Conference is garnering close attention because it sets the direction for next year’s economic policy. With last year’s high base in the fourth quarter and fading policy stimulus effects, the economy faces downward pressure in the final quarter of this year, which adds uncertainty to whether…

Innovative consumption key to sustained growth

  • by

China has intensified efforts to innovate consumption scenarios, responding to growing public expectations for a better quality of life while injecting fresh momentum into economic restructuring and the development of new quality productive forces. Unlike traditional consumption scenarios, which were largely seen as simple physical spaces for the exchange of goods, today’s “new consumption scenarios”…

Investing in children focus of CCG forum

As China and the world confront demographic shifts and rising development challenges, experts from domestic and international organizations have called for stronger global cooperation to invest in children and strengthen long-term social resilience. Their remarks came at the 20th CCG VIP Luncheon, a high-level forum co-hosted by the Center for China and Globalization, a Beijing-based…

China set to expand opening-up while boosting consumption: commerce minister

China will continue to push forward high-standard opening-up while bolstering domestic consumption to support high-quality development, according to the country’s top commerce official. In an interview with People’s Daily on Saturday, Commerce Minister Wang Wentao said that expanding high-standard opening-up remains a vital driver for advancing reform and propelling development. As China faces both strategic…

China eyes new phase of green transition

As China continues its efforts to transition toward a more sustainable economy, the country is preparing for a new phase of green development, said the country’s government officials. “The 15th Five-Year Plan (2026-30) marks a pivotal period for China’s green transition, with the country set to achieve its carbon peak target,” said Wang Shancheng, director…

Trade to deepen Sino-French ties

China’s manufacturing transformation, ultra-large market and accelerating shift toward services, energy transition and digitalization will unlock substantial opportunities for French companies in the years ahead, said French business executives. As China and France deepened economic cooperation during French President Emmanuel Macron’s state visit to the nation last week, they said that the prospects for Sino-French…