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Party recommendations spell out clearer 5-yr plan

The Recommendations of the Central Committee of the Communist Party of China for Formulating the 15th Five-Year Plan for National Economic and Social Development will not only chart the course for the country’s development over the next five years, but also provide certainty and solid opportunities for the global economy, said Gao Yunlong, chairman of…

China’s marine economy reports 5.6% growth in first 9 months of 2025

Fishermen operate their boats through waves in a marine ranch of Dinghai bay, Lianjiang county, Fuzhou city, Fujian province, on May 27, 2025. [Photo/Xinhua] BEIJING — China’s gross ocean product totaled 7.9 trillion yuan ($1.11 trillion) in the first three quarters of 2025, which was a year-on-year increase of 5.6 percent, demonstrating the marine economy’s…

China, Singapore reaffirm growing economic ties

The economic partnership between Singapore and China is poised for robust growth, setting new benchmarks for regional cooperation as both nations commemorate significant anniversaries, industry experts said. Singapore has entered a new era of high-quality, future-oriented partnership with China, setting the stage for deeper collaboration in new frontiers such as digital and green economies, said…

Steel industry profits rise despite drop in consumption

China’s iron and steel industry reported a 1.9-fold year-on-year increase in profits in the first three quarters, showing an improvement from a year earlier, Jiang Wei, vice-chairman and secretary-general of the China Iron and Steel Association, said at a press conference on Friday. However, the sector still faces pressure to balance supply and demand, he…

Trade ties gain steadier ground

The outcomes of the China-US trade talks in Malaysia demonstrated the commitment of both sides to maintain stability in one of the world’s most important economic relationships and underscored Beijing’s firm stance in safeguarding its core interests, experts said. After weeks of escalating tensions, the two countries have stepped back from the brink, suspending some…

Tetra Pak production facility certified carbon-neutral

Tetra Pak, a leading provider of food processing and packaging solutions, announced recently that its integrated production and service base in Kunshan, Jiangsu province, has received carbon neutrality verification certification from the global authoritative certification body, TUV SUD, making the facility its first carbon-neutral production base in China. This month, the Kunshan base was also…

Diversified financing structure integral to building economic powerhouse

At present, China’s monetary policy remains supportive and relatively loose, with major interest rates hovering at historic lows. The low interest rate environment is expected to persist for some time, making the high-quality development of China’s capital market particularly important. From both domestic and international experience, monetary tightening can effectively curb rising prices, but monetary…

Renewable energy capacity continue to surge

China’s renewable energy capacity continued its rapid expansion in the first three quarters of 2025, with new installations reaching 310 gigawatts (GW) and driving significant optimization of the country’s energy structure, the National Energy Administration (NEA) said on Friday. New renewable energy capacity added from January to September surged 47.7 percent year-on-year, accounting for approximately…

BASF celebrates 140 years in China, pledges collaboration

Canton Tower, an iconic landmark in Guangzhou, the capital of Guangdong province, was illuminated in celebration of the 140th anniversary BASF’s presence in China. [Photo provided to chinadaily.com.cn] German chemical giant BASF, Guangzhou Municipal Government, and Xi’an Jiaotong University signed a memorandum of understanding to collaboratively build a closed-loop ecosystem of basic research, result transformation, and…