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‘AI milk tea’ a taste of new smart economy

Visitors try smart watches that actively monitor blood pressure at the Appliance & Electronics World Expo in Shanghai on March 20, 2025. FANG ZHE/XINHUA On a brisk winter day in Hangzhou, Zhejiang province, a winding line of customers braved the cold outside a bustling milk tea shop. Yet, instead of the usual glow of smartphone…

HK’s role as financing hub highlighted

The Hong Kong Special Administrative Region is well-positioned to help companies from the Chinese mainland raise funds globally and expand overseas, while deepening cooperation with the mainland in sectors such as healthcare and biotechnology, said a member of the Chinese People’s Political Consultative Conference (CPPCC) National Committee, the nation’s top political advisory body. William Doo…

Growth target reflects focus on structural reform

China’s latest Government Work Report signals a shift toward securing more sustainable expansion, as policymakers lower the headline target while prioritizing structural reform and long-term stability, economists said. The report set this year’s GDP growth target at 4.5 to 5 percent, marking the first downward adjustment since 2023. Economists said the move is a pragmatic…

Growth target reflects focus on structural reform

China’s latest Government Work Report signals a shift toward securing more sustainable expansion, as policymakers lower the headline target while prioritizing structural reform and long-term stability, economists said. The report set this year’s GDP growth target at 4.5 to 5 percent, marking the first downward adjustment since 2023. Economists said the move is a pragmatic…

Slow bull likely to continue for A shares

Investors watch share prices at a securities brokerage in Shanghai. CHINA DAILY Despite headwinds in global markets due to escalated geopolitical tensions and the resulting disruptions to supply chains, foreign investors still hold a positive outlook on Chinese equities thanks to the country’s unswerving efforts on technology advances and economic stimuli. In a report released…

’26 GDP growth target ‘achievable’ on fundamentals

China’s 2026 economic growth target of between 4.5 percent and 5 percent is “necessary, reasonable and achievable”, supported by solid fundamentals, emerging growth drivers and policy support aimed at boosting domestic demand, said a renowned expert. The target aligns with the country’s medium and long-term development goals while leaving room for structural reforms and higher-quality…

Labour market flows in Q4 2025

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