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Despite turbulence, foreign firms keen on investment

A light show is staged in the Pudong New Area of Shanghai on April 17.[CHINA DAILY] Despite all the headwinds in global markets, foreign firms’ interest in further tapping into the Chinese market seems unchanged, with US life sciences company Danaher Corp being among them. In mid-March, Leica Microsystems, which became part of Danaher in…

New financing facility set up to bolster stability

Guests pose for a group photo before the 28th annual meeting of the finance ministers and central bank governors from the Association of Southeast Asian Nations (ASEAN), China, Japan and the Republic of Korea (ASEAN Plus Three or 10+3) in Milan, Italy, May 4, 2025. [Photo/Xinhua] The ASEAN+3 members have agreed to launch a new…

Beijing assessing Washington offer for trade negotiations

A drone view shows shipping containers from China at the Port of Los Angeles in Wilmington, California, Feb 4, 2025. [Photo/Agencies] China said on Friday it is evaluating the possibility of trade talks with the United States, in the first and clearest indication that Beijing may be open to dialogue if Washington demonstrates genuine sincerity…

137th Canton Fair concludes with record number of overseas purchasers

This photo shows a scene of the 137th China Import and Export Fair in Guangzhou, South China’s Guangdong province, May 5, 2025. The 137th China Import and Export Fair, also known as the Canton Fair, concluded on Monday in South China’s Guangdong province, with organizers announcing the participation of over 288,000 overseas buyers. [Photo/Xinhua] GUANGZHOU…

China-US competition: The winner is clear

In an exclusive interview with China Perspectives, Justin Yifu Lin, former chief economist of the World Bank, said, given the limited resources, China allocates them to support high-productivity industries, while the US directs resources to sectors that lower its productivity. “In such a competition, the eventual winner is clear,” he said. Reporters: Liu Zhihua, Liu…

Property moves to get house in better order

A property agent (center) introduces a residential project in Qingzhou, Shandong province. [WANG JILIN/FOR CHINA DAILY] In a tone-setting conference, China’s policymakers outlined specific property measures focused on risk prevention, stock optimization and supply improvement, which is key to the stable and healthy development of the real estate sector, said industry experts on Sunday. Being…

‘Chinese wisdom’ underpins nation’s hydrogen efforts

Visitors look at a model of a fully automatic hydrogen-powered train at the 2024 World Manufacturing Convention in Hefei, East China’s Anhui province, Sept 21, 2024. [Photo/Xinhua] China has emerged as the global leader in renewable hydrogen production capacity, accounting for over half of the world’s total installed capacity last year, according to a government…

Number of prisoners increased by 3.2% in 2023

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Join us on Europe Day 2025!

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As Every Five Years, Performative Planning Returns: China Kicks Off Preparations for Its 15th Five-Year Plan

Part policy, part political ritual, and part for show, China has begun preparing its 15th five-year Plan (5YP). It is intended as a comprehensive blueprint for all aspects of life, from economics to lifestyle.It is primarily driven by the Party’s key priorities: control, national security, ideological guidance, and social stability. In this context, ‘social stability’…