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Capital mkt reforms key to high-quality development

CAI MENG/CHINA DAILY The capital market is not only a vital platform for resource allocation and innovation-driven development, but also a key hub supporting China’s long-term economic competitiveness and the enhancement of national strategic capacity. The draft outline of the 15th Five-Year Plan (2026-30) for national economic and social development clearly states that China must…

Smart driving standards seen as key

A Wuling vehicle is assembled on an automated production line in Liuzhou, Guangxi Zhuang autonomous region, on Jan 30. LI HANCHI/FOR CHINA DAILY China should establish its own intelligent driving standards and use the Guangxi Zhuang autonomous region as a “bridgehead” for promotion to Southeast Asia, a national lawmaker said. That would mark a significant…

Recalibrating for quality, sustainable growth era

If one were to judge the priorities of this year’s two sessions by the sheer density of cameras and voice recorders, the answer would be unequivocal: it’s the economy. As we step into the opening year of the 15th Five-Year Plan (2026-30), the atmosphere in the Great Hall of the People feels distinctively different. The…

Gansu advances industrial upgrade to bolster growth

A view of a data center in Qingyang, Gansu province. XINHUA Northwest China’s Gansu province is transforming its industrial base by pushing forward an industry-driven development strategy to modernize its economic structure and achieve high-quality growth. “As a traditional industrial base, transformation through innovation is imperative,” said Ren Zhenhe, governor of Gansu and a deputy…

Jilin to step up the building of a modern industrial system

The Jilin delegation holds a group deliberation on Saturday. [Photo provided to chinadaily.com.cn] As it enters the 15th Five-Year Plan (2026-30) period, Jilin aims to present a beautiful picture of high-quality development and make significant breakthroughs in its comprehensive revitalization, according to provincial deputies to the National People’s Congress. Huang Qiang, a deputy to the…

Ningxia mayor recounts 30 years of Fujian partnership

Yang Qinglong, a deputy to the 14th National People’s Congress and mayor of Guyuan, Ningxia Hui autonomous region, delivers a speech during the region’s open day during two sessions in Beijing on March 6. [Photo provided to chinadaily.com.cn] In China’s once-impoverished Xihaigu region, long known as one of the country’s harshest places to live, a…

China’s AI development strategy focuses on societal impact and economic growth, says national political adviser

Renowned Chinese artificial intelligence scholar Wang Jian stated that China’s approach to developing AI goes beyond focusing solely on the technology itself and its application scenarios. Instead, it considers AI’s broader role in driving societal advancement, which he believes can, in turn, further advance the technology. Wang, a member of the National Committee of the…

HK adviser confident in China’s 4.5-5% GDP growth target

A Hong Kong member of the National Committee of the Chinese People’s Political Consultative Conference expressed confidence that China will achieve its 4.5-5 percent GDP growth target. Stephen Law Cheuk-kin, who also serves as president of the Hong Kong Institute of Certified Public Accountants, said the confidence is based on the strength of key industries…

Ningxia to step up development of competitive industries

The Ningxia Hui autonomous region’s NPC deputies hold deliberation as well as open day during two sessions in Beijing on March 6. [Photo provided to chinadaily.com.cn] Northwest China’s Ningxia Hui autonomous region plans to accelerate the development of its competitive industries, focusing on advanced manufacturing, digital infrastructure and clean energy as it seeks to build…

New release: Energy in Europe

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