A news conference on China’s economic policies gets underway on Friday in Beijing during the fourth session of the 14th National People’s Congress, China’s top legislature. Wang Xi/Xinhua China is stepping up policies to boost domestic demand and consumption this year to ensure it achieves its 2026 growth target and starts the 15th Five-Year Plan…
China’s aim for a GDP growth rate of at least 4.5 to 5 percent in 2026 balances the need to maintain solid expansion with a continued shift toward higher-quality development, experts said. On Thursday, Premier Li Qiang delivered the Government Work Report at the opening of the fourth session of the 14th National People’s Congress,…
BEIJING – China’s manufacturing and service sectors are expected to create over 10 million jobs each year from 2026 to 2030, Zheng Shanjie, head of the National Development and Reform Commission, said Friday. The two sectors combined are poised to grow by over 40 trillion yuan ($5.8 trillion) in value during the 15th Five-Year Plan…
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BEIJING – China will establish a national-level mergers and acquisitions (M&A) fund this year to further smoothen exit channels for venture capital investment and improve capital turnover efficiency, head of the country’s top economic planner said Friday. The fund is expected to guide and leverage more than 1 trillion yuan ($145 billion) of investment from…
Continued efforts will be made to further improve the quality of the Chinese capital market and expand its size during the 15th Five-Year Plan (2026-30) period, Wu Qing, chairman of the China Securities Regulatory Commission, said during a news conference on Friday. The market mechanism and ecosystem facilitating long-term investment and the inflow of long-term…
Chapter 22 on trade in China’s XV Five-Year Plan is not a blueprint for liberal rebalancing. It is a blueprint for managed openness. Imports matter, but mainly where they serve technological upgrading and supply security. Exports remain central, supported by market diversification, digital channels, financial backing, and stronger state tools to manage friction, including export…
Executives from WeRide and Farizon pose for a photo after the latest Robotaxi GXR is unveiled on March 9, 2026. [Photo provided to chinadaily.com.cn] WeRide and Farizon, a unit of Geely Holding Group, said on Monday they plan to deliver 2,000 units of their upgraded Robotaxi GXR vehicles in 2026, marking a step toward larger-scale…
BEIJING – China will deepen and refine the regulatory measures on high-frequency quantitative trading, focusing on the principle of fairness, Wu Qing, chairman of the China Securities Regulatory Commission, said on Friday. Wu made the remarks at a press conference on the sidelines of the fourth session of the 14th National People’s Congress, the national…