Sifting fact from fiction: Nation vital to progress
4 months, 2 weeks ago

Sifting fact from fiction: Nation vital to progress

China Daily  

View of Chinese-made vehicles to be exported at Yantai Port in Shandong province on Oct 14. For example, in 2023, China was the world's largest investor in clean energy technologies, production and consumption, and was also the biggest supplier of wind turbines and solar panels in the global market. It can be inferred that China has built the capacity and capabilities to enjoy early advantages from future growth and development drivers under the sound leadership of the CPC Central Committee. It has also established itself as a leader in new growth drivers, and the world is looking toward China to benefit from its development. It is certain that China can tackle future challenges like climate change, technology and pandemics in a better way, and offer other countries the opportunity to benefit from its development and prosperity without them compromising on their dignity and sovereignty.

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History of this topic

AI seen as key to high-quality growth
Trending News
1 week ago

AI seen as key to high-quality growth

China Daily  

China's emphasis on advancing the application of fast-evolving artificial intelligence technology in a wide range of industries will inject new momentum into the country's high-quality economic growth and create enormous opportunities for multinational corporations to invest in the country, said government officials and business executives. "For businesses in China looking to boost their productivity and maintain competitiveness, technologies led by …

AI seen as key to high-quality growth
Trending News
1 week ago

AI seen as key to high-quality growth

China Daily  

China's emphasis on advancing the application of fast-evolving artificial intelligence technology in a wide range of industries will inject new momentum into the country's high-quality economic growth and create enormous opportunities for multinational corporations to invest in the country, said government officials and business executives. "For businesses in China looking to boost their productivity and maintain competitiveness, technologies led by …

High-quality growth offers global boost
Trending News
1 week, 1 day ago

High-quality growth offers global boost

China Daily  

Faced with growing external uncertainties, China's focus on advancing its high-quality development agenda will not only bolster domestic resilience but also contribute to global economic stability and prosperity, senior officials and businesses executives said at the China Development Forum 2025 in Beijing. Han Wenxiu, executive deputy director of the Office of the Central Commission for Financial and Economic Affairs, said, …

High-quality growth offers global boost
Trending News
1 week, 1 day ago

High-quality growth offers global boost

China Daily  

Faced with growing external uncertainties, China's focus on advancing its high-quality development agenda will not only bolster domestic resilience but also contribute to global economic stability and prosperity, senior officials and businesses executives said at the China Development Forum 2025 in Beijing. Han Wenxiu, executive deputy director of the Office of the Central Commission for Financial and Economic Affairs, said, …

China's high-tech path to a greener, brighter future
2 weeks, 1 day ago

China's high-tech path to a greener, brighter future

China Daily  

JIN DING/CHINA DAILY One of the most compelling aspects of China's economic transformation is its strategic embrace of digital technology and artificial intelligence as catalysts for sustainable growth. This refined approach ensures capital allocation aligns with long-term productivity gains and environmental sustainability, reinforcing China's transition toward an innovation-driven economy. China's economic policies are being shaped by its response to global …

China transforming into innovation powerhouse
2 weeks, 1 day ago

China transforming into innovation powerhouse

China Daily  

A Xiaomi SU7 Ultra is presented in Mixc Mall in Chengdu, Sichuan province, on Feb 28. ZHANG LANG/CHINA NEWS SERVICE China's sharpened focus on pursuing integrated advancements in technological and industrial innovation showcases its determination to translate scientific breakthroughs into real-world applications, and such a strategy will help it transform into a global innovation powerhouse and maintain its edge amid …

China transforming into innovation powerhouse
2 weeks, 1 day ago

China transforming into innovation powerhouse

China Daily  

People check out a newly released AI studying pad from tech company iFlytek in a shopping center in Shanghai on Jan 17. Jin Li, vice-president of the Southern University of Science and Technology and a member of the National Committee of the Chinese People's Political Consultative Conference, said: "Relying on the aggregation of scientific and technological resources, China is well-placed …

China transforming into innovation powerhouse
2 weeks, 1 day ago

China transforming into innovation powerhouse

China Daily  

People discuss a quantum computer exhibited at Zhongguancun Exhibition Center in Beijing on April 28. As the nurturing of new quality productive forces gains traction in China, "In the future, we may see more similar patterns in industries such as healthcare, new materials and AI, and these efforts will provide big opportunities for foreign companies," Depoux added. Ma said that …

China transforming into innovation powerhouse
2 weeks, 1 day ago

China transforming into innovation powerhouse

China Daily  

A Xiaomi SU7 Ultra is presented in Mixc Mall in Chengdu, Sichuan province, on Feb 28. ZHANG LANG/CHINA NEWS SERVICE China's sharpened focus on pursuing integrated advancements in technological and industrial innovation showcases its determination to translate scientific breakthroughs into real-world applications, and such a strategy will help it transform into a global innovation powerhouse and maintain its edge amid …

China set to stimulate growth amid global uncertainty
3 weeks ago

China set to stimulate growth amid global uncertainty

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. Experts provide insights on the country's economic trends amid global uncertainties, and delve into China's evolving role as a primary driver of global growth. Below are some excerpts: Stimulating domestic demand key to stabilizing markets The Government Work Report submitted to the National People's Congress, China's …

China's innovation drive fosters new economic momentum
3 weeks, 1 day ago

China's innovation drive fosters new economic momentum

China Daily  

China's ongoing national "two sessions" have sent a clear signal that the world's second-largest economy is dedicated to progress through sci-tech innovation. In its pursuit of high-quality development, China regards science and technology as the primary productive force, and relies on innovation to open up new areas in development and cultivate fresh driving forces. Domestically-developed large passenger aircraft have entered …

China confident of hitting growth rate
3 weeks, 5 days ago

China confident of hitting growth rate

China Daily  

By ZHU WENQIAN | China Daily | Updated: 2025-03-06 09:14 The opening meeting of the third session of the 14th National People's Congress is held at the Great Hall of the People in Beijing, March 5, 2025. China's economic growth target of around 5 percent this year is in line with the country's situation and the laws of economic development, …

Hard-won 5 percent growth solid foundation for 2025
3 weeks, 5 days ago

Hard-won 5 percent growth solid foundation for 2025

China Daily  

The skyline of Beijing. Official data show that China's economy grew by 5 percent in 2024 and its total economic output surpassed 130 trillion yuan for the first time. Throughout the year, the global economic recovery remained sluggish, geopolitical conflicts and international trade frictions intensified, while domestic demand remained insufficient, leading to slower economic growth in the second and third …

China announces high-tech fund to grow AI, emerging industries
3 weeks, 5 days ago

China announces high-tech fund to grow AI, emerging industries

CNN  

Hong Kong CNN — Fresh off the global success of DeepSeek’s latest artificial intelligence reasoning model, China’s top economic officials have vowed to set up a state-backed fund to support technological innovation. The “state venture capital guidance fund” will focus on cutting-edge fields such as artificial intelligence, quantum technology and hydrogen energy storage, Zheng Shanjie, head of China’s state economic …

Developing sci-tech talent encouraged
Trending News
3 weeks, 5 days ago

Developing sci-tech talent encouraged

China Daily  

Students participate in a scientific study tour at the Kunpeng Ecological Innovation Center in Harbin, Heilongjiang province, on May 31, 2024. China is intensifying efforts to develop a new generation of talent aligned with the country's strategic science and technology goals and evolving industry needs, Education Minister Huai Jinpeng said on Wednesday after the opening meeting of the third session …

Sustaining economic growth and other takeaways from the start of China’s legislative session
3 weeks, 6 days ago

Sustaining economic growth and other takeaways from the start of China’s legislative session

Associated Press  

BEIJING — China on Wednesday kicked off its annual parliamentary session, the National People’s Congress, which outlines the government’s priorities for the year. Share Share Copy Link copied Email Facebook X Reddit LinkedIn Pinterest Flipboard Print The main priority outlined in Li’s report was addressing “inadequate domestic demand, particularly insufficient consumption,” as well as making “domestic demand the main engine …

China says it will increase support for AI, science and tech innovation
3 weeks, 6 days ago

China says it will increase support for AI, science and tech innovation

The Hindu  

China said on Wednesday it would boost support for the application of artificial intelligence models and the development of venture capital investment, in a bid to foster more technology breakthroughs and become more self-reliant. The country wants to foster "industries of the future" including biomanufacturing, quantum technology, embodied AI and 6G technology, the report said. To do so, China plans …

Technology and skills training to the fore in industrial push
3 weeks, 6 days ago

Technology and skills training to the fore in industrial push

China Daily  

China's Education Minister Huai Jinpeng gives an interview after the opening meeting of the third session of the 14th National People's Congress at the Great Hall of the People in Beijing, on March 5, 2025. China is stepping up efforts to cultivate a new generation of talent aligned with the country's strategic science and technology advances and evolving industry needs, …

China defies Trump’s trade war by setting ambitious 5% growth target, vows to ‘prevail over any difficulty’
4 weeks ago

China defies Trump’s trade war by setting ambitious 5% growth target, vows to ‘prevail over any difficulty’

CNN  

Beijing/Hong Kong CNN — China has set an ambitious target of “around 5%” growth for 2025, in a defiant show of confidence as it braces for the fallout from escalating American tariffs on its export-driven economy. “The giant ship of China’s economy will continue to cleave the waves and sail steadily toward the future.” Li did not directly address the …

China defies Trump’s trade war by setting ambitious 5% growth target, vows to ‘prevail over any difficulty’
4 weeks ago

China defies Trump’s trade war by setting ambitious 5% growth target, vows to ‘prevail over any difficulty’

CNN  

Beijing/Hong Kong CNN — China has set an ambitious target of “around 5%” growth for 2025, in a defiant show of confidence as it braces for the fallout from escalating American tariffs on its export-driven economy. “The giant ship of China’s economy will continue to cleave the waves and sail steadily toward the future.” Li did not directly address the …

China reports steady progress in high-quality economic development
4 weeks, 1 day ago

China reports steady progress in high-quality economic development

China Daily  

China is gearing up for high-quality economic development after making steady progress last year amid lingering challenges, said Liu Jieyi, the spokesperson for the third session of the 14th Chinese People's Political Consultative Conference National Committee, at a news conference on Monday. "High-quality development is the fundamental principle of the new era," Liu said, noting that in the previous year, …

Nation boldly builds on scientific breakthroughs
1 month, 2 weeks ago

Nation boldly builds on scientific breakthroughs

China Daily  

Cai Shuhui, a researcher from the Chinese Academy of Sciences' Institute of Geology and Geophysics, along with team members, display their study results on the ancient magnetic fields of the moon in Beijing on Dec 20. JIN LIWANG/XINHUA Last year saw significant advances in science and technology in China, as the nation works toward becoming a "strong country in science …

Nation boldly builds on scientific breakthroughs
1 month, 2 weeks ago

Nation boldly builds on scientific breakthroughs

China Daily  

Cai Shuhui, a researcher from the Chinese Academy of Sciences' Institute of Geology and Geophysics, along with team members, display their study results on the ancient magnetic fields of the moon in Beijing on Dec 20. JIN LIWANG/XINHUA Last year saw significant advances in science and technology in China, as the nation works toward becoming a "strong country in science …

China has to embrace innovation-driven future
1 month, 2 weeks ago

China has to embrace innovation-driven future

China Daily  

A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. China's entry into the new phase of economic development gives rise to several questions: Can it establish high-quality high-tech industries to sustain long-term growth? According to labor economists and digital technology experts quoted in "China 2049: Economic Challenges of a Rising Global Power" — …

China has to embrace innovation-driven future
1 month, 2 weeks ago

China has to embrace innovation-driven future

China Daily  

A view of Chinese carmaker BYD's assembly line of new energy vehicles in Zhengzhou, Henan province. China's entry into the new phase of economic development gives rise to several questions: Can it establish high-quality high-tech industries to sustain long-term growth? According to labor economists and digital technology experts quoted in "China 2049: Economic Challenges of a Rising Global Power" — …

Focus to attract global capital that aligns with long-term growth goals
Trending News
1 month, 3 weeks ago

Focus to attract global capital that aligns with long-term growth goals

China Daily  

By Zhong Nan | China Daily | Updated: 2025-02-10 09:08 In years gone by, global companies, crucial to China's long-term economic success, established factories in China's coastal provinces, especially Guangdong, Zhejiang and Jiangsu. This strategic focus aims to attract global capital that aligns with China's long-term growth goals. Moreover, China's commitment to environmental sustainability opens new avenues for businesses specializing …

Focus to attract global capital that aligns with long-term growth goals
1 month, 3 weeks ago

Focus to attract global capital that aligns with long-term growth goals

China Daily  

In years gone by, global companies, crucial to China's long-term economic success, established factories in China's coastal provinces, especially Guangdong, Zhejiang and Jiangsu. This strategic focus aims to attract global capital that aligns with China's long-term growth goals. Moreover, China's commitment to environmental sustainability opens new avenues for businesses specializing in green technologies and services, aligning with global trends toward …

Shandong aims to boost high-quality growth across the board
2 months, 1 week ago

Shandong aims to boost high-quality growth across the board

China Daily  

To boost high-quality growth, Shandong province will strive to develop new quality productive forces tailored to local conditions and advance reforms in key fields, fulfilling its role as a major contributor to the country’s development, said Lin Wu, secretary of the Communist Party of China Shandong Provincial Committee. In the new year, Shandong will take key steps to boost consumption, …

McKinsey regional chief says confident in Chinese economy
Trending News
2 months, 1 week ago

McKinsey regional chief says confident in Chinese economy

China Daily  

Employees work at a workshop of an automobile enterprise in Guiyang, Southwest China's Guizhou province, Dec 11, 2024. DAVOS, Switzerland -- Measured by market size and growth rate, China is still full of opportunities and worthy of investment by global companies, said Joe Ngai, chairman of McKinsey & Company in Greater China, a worldwide management consulting firm. Ngai reiterated his …

Overall scale of China's manufacturing industry tops world for 15 consecutive years
2 months, 1 week ago

Overall scale of China's manufacturing industry tops world for 15 consecutive years

China Daily  

An automated production line at the CITIC Dicastal Morocco plant, Africa's first Lighthouse Factory. BEIJING -- China's manufacturing industry has maintained the top position in the world in terms of overall scale for 15 consecutive years in 2024, the Ministry of Industry and Information Technology said Tuesday. In 2024, China's total value-added industrial output reached 40.5 trillion yuan. The industrial …

China offers unique path of growth, says expert
2 months, 1 week ago

China offers unique path of growth, says expert

China Daily  

By XING YI in Davos, Switzerland | China Daily Global | Updated: 2025-01-21 09:28 Jeremy Jurgens, managing director of the World Economic Forum, in Davos, Switzerland on Jan 19, 2025. China's development model offers an alternative path for emerging economies and contributes to global collaboration, said Jeremy Jurgens, managing director of the World Economic Forum, at its annual meeting on …

Tech opening-up key to Chinese modernization
3 months ago

Tech opening-up key to Chinese modernization

China Daily  

LI MIN/CHINA DAILY Emphasizing that opening-up is a defining feature of Chinese modernization, President Xi Jinping has said that Chinese modernization must be supported by scientific and technological modernization. International cooperation in technology enhances China's innovation capabilities, and by expanding technological opening-up and collaboration, it can attract top global talents and institutions, thus facilitating the formation of cross-border research teams …

Tech opening-up key to Chinese modernization
3 months ago

Tech opening-up key to Chinese modernization

China Daily  

LI MIN/CHINA DAILY Emphasizing that opening-up is a defining feature of Chinese modernization, President Xi Jinping has said that Chinese modernization must be supported by scientific and technological modernization. International cooperation in technology enhances China's innovation capabilities, and by expanding technological opening-up and collaboration, it can attract top global talents and institutions, thus facilitating the formation of cross-border research teams …

Beijing's green efforts to benefit world
3 months, 1 week ago

Beijing's green efforts to benefit world

China Daily  

This photo taken on June 3, 2023 shows an electric bus of BasiGo, a Kenyan startup locally assembling from parts supplied by Chinese automotive company BYD. China's further development of the high-quality Belt and Road cooperation and the country's pursuit of green transition in economic growth model will benefit the world, especially the development in Africa, said Siddharth Chatterjee, the …

China calls for shared global growth
3 months, 3 weeks ago

China calls for shared global growth

China Daily  

People visit the Photography Exhibition on Pragmatic China-Africa Cooperation under Belt and Road Initiative in Nairobi, Kenya, on March 22, 2024. The Global Development Report 2024 launched by the Center for International Knowledge on Development on Friday said the United Nations 2030 Agenda for Sustainable Development "faces great challenges in meeting its deadline". They should push the 2030 Agenda back …

Chinese way of ensuring growth for all
4 months, 1 week ago

Chinese way of ensuring growth for all

China Daily  

By ZHAO JIA | China Daily | Updated: 2024-11-23 10:03 Guests exchange views at the Fifth Think Tank Forum on National Governance in Developing Countries held in Beijing on Friday. The attack by Western powers against China is an attempt to not only hinder its cooperation with other developing countries, but also keep developing world "poor, heavily indebted and dependent," …

Chinese way of ensuring growth for all
4 months, 1 week ago

Chinese way of ensuring growth for all

China Daily  

By ZHAO JIA | China Daily | Updated: 2024-11-23 10:03 Guests exchange views at the Fifth Think Tank Forum on National Governance in Developing Countries held in Beijing on Friday. The attack by Western powers against China is an attempt to not only hinder its cooperation with other developing countries, but also keep developing world "poor, heavily indebted and dependent," …

China on track to reach growth targets
4 months, 2 weeks ago

China on track to reach growth targets

China Daily  

A visitor touches the finger of a mechanical hand at a booth at the 26th China High-Tech Fair in Shenzhen, South China's Guangdong province, Nov 15, 2024. China has "full confidence" that it will meet the growth targets for this year and remain the biggest engine of world economic growth, President Xi Jinping said on Friday, reaffirming Beijing's pledge to …

Sifting fact from fiction: Nation vital to progress
4 months, 2 weeks ago

Sifting fact from fiction: Nation vital to progress

China Daily  

View of Chinese-made vehicles to be exported at Yantai Port in Shandong province on Oct 14. For example, in 2023, China was the world's largest investor in clean energy technologies, production and consumption, and was also the biggest supplier of wind turbines and solar panels in the global market. It can be inferred that China has built the capacity and …

China's Growth: A Catalyst for Global Prosperity
4 months, 3 weeks ago

China's Growth: A Catalyst for Global Prosperity

China Daily  

China's growth is vital for global development, and the country will promote mutually beneficial cooperation and development to counter the zero-sum games being played by some Western economies. The expansion and structural optimization of China's economy will have a significant impact on global economic growth, with every 1 percentage point increase in China's growth rate boosting global economic growth by …

China's High-Quality Development: A Catalyst for Global Prosperity
5 months ago

China's High-Quality Development: A Catalyst for Global Prosperity

China Daily  

China's pursuit of high-quality development is expected to continue to be a major driver of global growth. Three experts share their views on the issue, with some arguing that pure economic variables are not sufficient to make people understand and design policies on development, while others emphasize the importance of poverty reduction in achieving sustainable development.

China's modernization efforts create opportunities for world
6 months ago

China's modernization efforts create opportunities for world

China Daily  

Skyscrapers border a lush green landscape in Shenzhen's central business district. In 1953, my grandfather led the "Icebreaking Mission", which was crucial in signing the first trade agreement between the newly founded People's Republic of China and the West. China's Belt and Road Initiative is a clear example of how the country's development is reshaping international trade routes, creating opportunities …

Innovation to power China growth
6 months, 1 week ago

Innovation to power China growth

China Daily  

Innovation capacity, the digital sector and green industries have significant potential to be major engines of China's growth, fueled by the nation's commitment to reform and opening-up, said Japanese scholars. Yangchoon Kwak, a professor at Rikkyo University's College of Economics, emphasized that green industries will be the main driver of China's future economic growth. Kiyoyuki Seguchi, research director at the …

Innovation to power China growth
6 months, 1 week ago

Innovation to power China growth

China Daily  

By Jiang Xueqing in Tokyo | China Daily | Updated: 2024-09-21 07:08 Innovation capacity, the digital sector and green industries have significant potential to be major engines of China's growth, fueled by the nation's commitment to reform and opening-up, said Japanese scholars. Yangchoon Kwak, a professor at Rikkyo University's College of Economics, emphasized that green industries will be the main …

China's new growth drivers further gain momentum: index
7 months ago

China's new growth drivers further gain momentum: index

China Daily  

A humanoid smart robot works at an auto production facility in Ningbo, Zhejiang province. BEIJING -- China's new growth drivers have gained momentum last year as the country continued efforts to foster economic vitality and encourage technological innovation, official data showed Saturday. The reading suggested that the country's new growth drivers, featured by new industries, new business forms and models, …

Chinese economy advances with steady growth momentum
7 months, 2 weeks ago

Chinese economy advances with steady growth momentum

China Daily  

The skyline of Beijing. Last month, a broad range of key indicators maintained steady expansion, with production and demand on the rise, overall employment remaining stable, and new growth drivers building up, according to the National Bureau of Statistics. Last month, retail sales of consumer goods went up 2.7 percent year on year to nearly 3.78 trillion yuan, accelerating from …

Time to explore growth mechanism for development of future industries
7 months, 3 weeks ago

Time to explore growth mechanism for development of future industries

China Daily  

Workers operate on an assembly line of new energy vehicles in Jinhua, Zhejiang province, in July. HU XIAOFEI/FOR CHINA DAILY The central authorities recently said China will improve the system and mechanism for developing new quality productive forces and establish an input growth mechanism for the development of future industries. Future industries serve not only as an important engine for …

Lead in digital sector — how cool is that for China!
7 months, 3 weeks ago

Lead in digital sector — how cool is that for China!

China Daily  

The milk is packaged automatically. As the economy is transitioning from a phase of rapid growth to a new phase of high-quality development, the country is shifting its focus to emerging industries, creating new business models and fostering new growth drivers in a bid to promote the development of productive forces featuring high technology, high performance and high quality. China …

Lead in digital sector — how cool is that for China!
7 months, 3 weeks ago

Lead in digital sector — how cool is that for China!

China Daily  

By Ouyang Shijia | China Daily | Updated: 2024-08-05 09:15 The milk is packaged automatically. As the economy is transitioning from a phase of rapid growth to a new phase of high-quality development, the country is shifting its focus to emerging industries, creating new business models and fostering new growth drivers in a bid to promote the development of productive …

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