Editor’s note: Oct 11 marks this year’s Double Ninth Festival, a traditional Chinese occasion honoring senior citizens on the ninth day of the ninth month in the lunar calendar. Official figures show China has nearly 300 million citizens aged 60 or above. Faced with population aging, the country is bolstering its commitment to providing better…
BEIJING — China is confident to maintain steady and healthy economic growth and achieve the full-year growth target, the country’s top economic planner said Tuesday. The market sentiment has improved recently with a pick-up of the purchasing managers’ index in the manufacturing sector, a warming stock market and a vital consumption market during the National Day…
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Editor’s note: China unveiled an action plan to implement the renewal program in March 2024 in an effort to expand domestic demand and shore up the economy, and stepped up follow-up policy support in July. The program has yielded positive impacts, such as stimulating investment, unleashing consumption, fueling industrial development, improving people’s well-being and improving…
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China reported key economic figures on Saturday showing slower growth on industrial production, consumer spending, and investments, which called for greater policy support to consolidate the country’s economic recovery. Figures released on Saturday by the National Bureau of Statistics showed China’s value-added industrial output, a gauge of activity in the manufacturing, mining, and utilities sectors,…