Open China continues to drive global growth
1 month, 1 week ago

Open China continues to drive global growth

China Daily  

Lujiazui, Shanghai's financial center, provides a stunning backdrop to the Bund. This underscores the growing importance of the Belt and Road Initiative in strengthening trade ties and economic cooperation between China and other developing countries, consolidating the country's role as a key player in global trade and infrastructure development. While the Global South seeks access to China's vast market for its raw materials, China's investment in infrastructure under the Belt and Road framework creates for these countries critical development opportunities, fostering economic growth and connectivity. This synergy not only strengthens trade ties but also promotes sustainable development and economic cooperation, benefiting both China and its trade partners in the Global South. China's continued commitment to open trade and economic cooperation underscores its role as a stabilizing force in the global economy and a proponent of shared growth and development.

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History of this topic

High-quality growth offers global boost
Trending News
2 days, 11 hours 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
2 days, 11 hours 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 set to stimulate growth amid global uncertainty
2 weeks, 1 day 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 opening-up efforts yield fruitful results
3 weeks, 1 day ago

China's opening-up efforts yield fruitful results

China Daily  

In 2024, China expanded its high-level opening-up and achieved fruitful results. It rolled out the 2024 national negative list for foreign investment, lifting restrictions in the manufacturing industry, and expanded the opening-up of the healthcare sector and value-added telecom services. China also promoted the steady growth of foreign trade and the institutional opening-up of trade in services, with the total …

China's opening-up efforts yield fruitful results
3 weeks, 2 days ago

China's opening-up efforts yield fruitful results

China Daily  

In 2024, China expanded its high-level opening-up and achieved fruitful results. It rolled out the 2024 national negative list for foreign investment, lifting restrictions in the manufacturing industry, and expanded the opening-up of the healthcare sector and value-added telecom services. China also promoted the steady growth of foreign trade and the institutional opening-up of trade in services, with the total …

China's opening-up efforts yield fruitful results
3 weeks, 2 days ago

China's opening-up efforts yield fruitful results

China Daily  

In 2024, China expanded its high-level opening-up and achieved fruitful results. It rolled out the 2024 national negative list for foreign investment, lifting restrictions in the manufacturing industry, and expanded the opening-up of the healthcare sector and value-added telecom services. China also promoted the steady growth of foreign trade and the institutional opening-up of trade in services, with the total …

China's opening-up efforts yield fruitful results
3 weeks, 2 days ago

China's opening-up efforts yield fruitful results

China Daily  

In 2024, China expanded its high-level opening-up and achieved fruitful results. It rolled out the 2024 national negative list for foreign investment, lifting restrictions in the manufacturing industry, and expanded the opening-up of the healthcare sector and value-added telecom services. China also promoted the steady growth of foreign trade and the institutional opening-up of trade in services, with the total …

China's opening-up efforts yield fruitful results
3 weeks, 2 days ago

China's opening-up efforts yield fruitful results

China Daily  

In 2024, China expanded its high-level opening-up and achieved fruitful results. It rolled out the 2024 national negative list for foreign investment, lifting restrictions in the manufacturing industry, and expanded the opening-up of the healthcare sector and value-added telecom services. China also promoted the steady growth of foreign trade and the institutional opening-up of trade in services, with the total …

Open China continues to drive global growth
1 month, 1 week ago

Open China continues to drive global growth

China Daily  

Lujiazui, Shanghai's financial center, provides a stunning backdrop to the Bund. This underscores the growing importance of the Belt and Road Initiative in strengthening trade ties and economic cooperation between China and other developing countries, consolidating the country's role as a key player in global trade and infrastructure development. While the Global South seeks access to China's vast market for …

Focus to attract global capital that aligns with long-term growth goals
1 month, 2 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 …

Focus to attract global capital that aligns with long-term growth goals
Trending News
1 month, 2 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 …

Fruitful 5 percent growth is certainty that China's economy brings to world
2 months, 1 week ago

Fruitful 5 percent growth is certainty that China's economy brings to world

China Daily  

A Chinese clerk counts renminbi yuan banknotes in Nantong, East China's Jiangsu province. When talking about how to evaluate China's economic performance in 2024, the NBS used the term "hard-won" five times in a row, which shows that the 5 percent growth rate conveys a wealth of information. In recent years, China's annual contribution to global economic growth has consistently …

Nation's foreign trade hits new high
2 months, 1 week ago

Nation's foreign trade hits new high

China Daily  

Photo shows a view of Nansha Port in Guangzhou, South China's Guangdong province. The total value of China's foreign trade reached a record high of 43.85 trillion yuan in 2024, marking a 5 percent year-on-year growth, customs statistics showed. The country's exports amounted to 25.45 trillion yuan last year, an increase of 7.1 percent year-on-year, while imports totaled 18.39 trillion …

Ample opportunities seen for foreign trade in 2025
2 months, 2 weeks ago

Ample opportunities seen for foreign trade in 2025

China Daily  

China's foreign trade, particularly exports of mechanical and electrical products, along with its resilient supply chains, will be pivotal in curbing global inflation and driving the green transformation of many countries in 2025, market analysts and exporters said on Friday. Although external risks and challenges, including increasing trade barriers and geopolitical impacts, are growing, they said there are still ample …

Better option for the world
2 months, 2 weeks ago

Better option for the world

China Daily  

Economic globalization has brought development opportunities to the world and improved the lives of billions of people around the globe. As the world's second-largest economy, the largest trading country and the second-largest recipient of foreign direct investment, China has contributed to and benefited from economic globalization. Amid a shifting global trade landscape, a growing number of Chinese enterprises are striving …

Tech opening-up key to Chinese modernization
2 months, 3 weeks 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
2 months, 3 weeks 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 …

Services, consumption key to China's growth
3 months, 3 weeks ago

Services, consumption key to China's growth

China Daily  

JIN DING/CHINA DAILY Editor's note: At the China-US People's Dialogue, co-hosted by the National Committee on US-China Relations and Tsinghua University's Center for International Security and Strategy, last week, Zhu Min, former deputy-managing director of the International Monetary Fund and former vice-president of the People's Bank of China, shared his insights on the future of China's economy. By aiming for …

China on track to reach growth targets
4 months, 1 week 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 …

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
4 months, 3 weeks 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.

Innovation to power China growth
6 months 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 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 …

Expert: China's economic growth boon to global economy
7 months ago

Expert: China's economic growth boon to global economy

China Daily  

The skyline of Beijing. RIO DE JANEIRO — Thanks to effective incentive policies by the Chinese government, the country's economic growth is projected to exceed market expectations this year and be a driver for the global economy, a Brazilian economist said. China is a major driver of global economic growth that "has boosted international investor confidence and reduced international financial …

Expert: China's economic growth boon to global economy
7 months ago

Expert: China's economic growth boon to global economy

China Daily  

The skyline of Beijing. Thanks to effective incentive policies by the Chinese government, the country's economic growth is projected to exceed market expectations this year and be a driver for the global economy, a Brazilian economist said. China is a major driver of global economic growth that "has boosted international investor confidence and reduced international financial market volatility," Ronnie Lins, …

Expert: China's economic growth boon to global economy
7 months ago

Expert: China's economic growth boon to global economy

China Daily  

The skyline of Beijing. RIO DE JANEIRO — Thanks to effective incentive policies by the Chinese government, the country's economic growth is projected to exceed market expectations this year and be a driver for the global economy, a Brazilian economist said. China is a major driver of global economic growth that "has boosted international investor confidence and reduced international financial …

Nation to implement steps for foreign trade growth
7 months, 3 weeks ago

Nation to implement steps for foreign trade growth

China Daily  

Amid rising protectionism and geopolitical risks, China will implement a series of measures in the second half of the year to sustain and enhance its positive foreign trade trajectory, customs officials said on Tuesday. Despite facing challenges such as unilateralism and the disruption of global supply chains, Lyu said that supported by the advantages of a vast domestic market and …

China's economic vibrancy strengthens the global economy
8 months, 1 week ago

China's economic vibrancy strengthens the global economy

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. These updates have provided a solid foundation for achieving China's anticipated economic targets within the current year, sending a strong signal for the international community that the stable and the long-term development trajectory of China's economy will not be changed. With the start of this year, …

Chinese economy resilient to fluctuations
8 months, 1 week ago

Chinese economy resilient to fluctuations

China Daily  

SHI YU/CHINA DAILY China's GDP grew by 5.0 percent in the first half of this year, with the second quarter growth of 4.7 percent being slightly lower than the first quarter. The GDP growth figures show not only the resilience and dynamism of the Chinese economy amid global economic uncertainties and domestic structural adjustments but also the effectiveness of government …

Chinese economy resilient to fluctuations
8 months, 1 week ago

Chinese economy resilient to fluctuations

China Daily  

SHI YU/CHINA DAILY China's GDP grew by 5.0 percent in the first half of this year, with the second quarter growth of 4.7 percent being slightly lower than the first quarter. The GDP growth figures show not only the resilience and dynamism of the Chinese economy amid global economic uncertainties and domestic structural adjustments but also the effectiveness of government …

Structure more important than growth rate of trade
8 months, 1 week ago

Structure more important than growth rate of trade

China Daily  

Containers are unloaded at Qingdao Port in Shandong province in March. The national foreign trade data for the first half of the year, released on Friday, show the total value of China's import and export of goods was 21.17 trillion yuan, an increase of 6.1 percent year-on-year, continuing and consolidating the previous upward trend. In terms of growth rate, the …

Good start for China's economy is also good for world growth
11 months, 1 week ago

Good start for China's economy is also good for world growth

China Daily  

A view of Beijing's CBD area. China's GDP grew 5.3 percent year-on-year in the first quarter of this year, up 1.6 percent from the fourth quarter of last year, showing China's economy is on a solid footing for continued recovery, which will further enhance international expectations for China's development prospects. A series of international financial institutions such as the Asian …

Basic trend of country's long-term economic growth has not changed
11 months, 1 week ago

Basic trend of country's long-term economic growth has not changed

China Daily  

Photo taken on April 12, 2024 show mascots and the logo of the 135th session of the China Import and Export Fair, also known as the Canton Fair, in Guangzhou, Guangdong province. China's economy grew by 5.2 percent year-on-year in 2023, 2.2 percentage points higher than in 2022, and also faster than the average growth rate of 4.5 percent during …

A tale of China's economic resilience should be retold
11 months, 2 weeks ago

A tale of China's economic resilience should be retold

China Daily  

Participants discuss the outlook for the Chinese economy during the Boao Forum for Asia Annual Conference 2024 in Boao, Hainan province, on Thursday. China remains a major global economic player as the world's second-largest economy. During the 1997 Asian financial crisis, the stability of the renminbi was critical to preventing risk escalation, while the 2008 global financial crisis saw China's …

A tale of China's economic resilience should be retold
11 months, 2 weeks ago

A tale of China's economic resilience should be retold

China Daily  

Participants discuss the outlook for the Chinese economy during the Boao Forum for Asia Annual Conference 2024 in Boao, Hainan province, on Thursday. China remains a major global economic player as the world's second-largest economy. During the 1997 Asian financial crisis, the stability of the renminbi was critical to preventing risk escalation, while the 2008 global financial crisis saw China's …

China's sharing of growth has global impact
11 months, 3 weeks ago

China's sharing of growth has global impact

China Daily  

Photo shows a view of Nansha Port in Guangzhou, South China's Guangdong province. Serving as a blueprint for China's quest for modernization in all aspects, the report clearly showed Beijing's efforts to continue pursuing higher-quality economic growth and to appropriately increase economic output. In 2017, scholar Joseph Nye Jr said that if a rising China failed to deliver global public …

China's high-quality growth pillar for Asia's sustainable development
11 months, 3 weeks ago

China's high-quality growth pillar for Asia's sustainable development

China Daily  

Employees work on a production line of NEV maker BYD in Xi'an, Shaanxi province. As the global economic recovery remains weak, and the international situation is complicated and intertwined, the world economy has experienced, what the World Bank calls, "five of its slowest years of growth in 30 years". More important, in the face of rising trade protectionism and economic …

China to improve global economic recovery through its high-quality development
1 year ago

China to improve global economic recovery through its high-quality development

China Daily  

China's sharpening focus on developing new quality productive forces and promoting high-quality development will inject strong impetus into global economic recovery and growth, and offer immense business opportunities for investors both at home and abroad, according to the country's top economic regulator. Zheng Shanjie, head of the National Development and Reform Commission, said the country will take solid steps to …

Growth in China: The road ahead
1 year ago

Growth in China: The road ahead

China Daily  

Li Min/China Daily China's economic development has been remarkable. Over the past 25 years, China's real GDP grew by more than 8 percent a year, living standards rose dramatically, and extreme poverty was eradicated. China's success in achieving strong and sustainable growth is thus good for China and good for the global economy. China, like much of the rest of …

Growth in China: The road ahead
1 year ago

Growth in China: The road ahead

China Daily  

Li Min/China Daily China's economic development has been remarkable. Over the past 25 years, China's real GDP grew by more than 8 percent a year, living standards rose dramatically, and extreme poverty was eradicated. China's success in achieving strong and sustainable growth is thus good for China and good for the global economy. China, like much of the rest of …

China says economy got a strong start in 2024, sets sights on latest technology, upgrading factories
1 year ago

China says economy got a strong start in 2024, sets sights on latest technology, upgrading factories

Associated Press  

BEIJING — China has plenty of room to maneuver to attain its annual target for robust economic growth of about 5% after a strong start for the year, top economic officials said Wednesday, though they acknowledged it’s a challenge. It’s hard to fully meet needs using existing funding channels and there’s an urgent need to increase support,” he said at …

5 reasons why China's 5% GDP growth target is in the news
1 year ago

5 reasons why China's 5% GDP growth target is in the news

Firstpost  

Analysts have been warning investors to stay away from investing in China. Goldman Sachs chief investment officer Sharmin Mossavar-Rahmani said, ‘Most people think that is not the real growth number—it was actually a lot weaker’ Premier Li Qiang addressed National People's Congress at the Great Hall of the People in Beijing on Monday. Reuters file China is still in the …

China eyes higher-level opening-up through cooperative platform
1 year ago

China eyes higher-level opening-up through cooperative platform

China Daily  

With a higher level of openness, China is playing an increasingly important role in promoting international cooperation and mutual benefits amid global headwinds, said experts on Friday. Against the backdrop of escalating geopolitical conflicts, rising protectionism, and unilateralism in the fragmented world economy, advancing cooperation and realizing mutual benefit through further opening up remains a key topic of discussion, said …

China seen as largest engine for world economic growth
1 year, 1 month ago

China seen as largest engine for world economic growth

China Daily  

Photo shows a view of Nansha Port in Guangzhou, South China's Guangdong province. China's GDP exceeded 126 trillion yuan in 2023, up 5.2 percent over the previous year, making it the largest engine of global growth. As China's growth is likely to exceed expectations, emerging Asian economies as a whole are projected by the IMF to grow by 5.2 percent …

China to remain top contributor to global growth in 2024: IMF
1 year, 1 month ago

China to remain top contributor to global growth in 2024: IMF

China Daily  

Despite a moderate slowdown, China's economy will remain the largest contributor to global growth in 2024, said Steven Barnett, senior resident representative of the International Monetary Fund in China. "China would still be the single-largest contributor to contribute over one-quarter of global growth this year," Barnett said in an exclusive interview with China Daily, adding that the over-a-quarter contribution is …

China to remain top contributor to global growth in 2024: IMF
1 year, 1 month ago

China to remain top contributor to global growth in 2024: IMF

China Daily  

Despite a moderate slowdown, China's economy will remain the largest contributor to global growth in 2024, said Steven Barnett, senior resident representative of the International Monetary Fund in China. "China would still be the single-largest contributor to contribute over one-quarter of global growth this year," Barnett said in an exclusive interview with China Daily, adding that the over-a-quarter contribution is …

WTO chief says Chinese economy to help boost global growth
1 year, 2 months ago

WTO chief says Chinese economy to help boost global growth

China Daily  

Ngozi Okonjo-Iweala, director-general of the World Trade Organization, speaks at the World Economic Forum Annual Meeting 2024 in Davos, Switzerland, Jan 18, 2024. DAVOS, Switzerland -- China plays a key role in boosting global economic growth, World Trade Organization Director-General Ngozi Okonjo-Iweala has said. Highlighting China's key role in boosting global trade and global economic growth, Okonjo-Iweala said, "Whatever happens …

China’s economy expanded 5.2% last year, hitting the government’s target despite an uneven recovery
1 year, 2 months ago

China’s economy expanded 5.2% last year, hitting the government’s target despite an uneven recovery

Associated Press  

HONG KONG — China’s economy for the October-December quarter grew at a quicker rate, allowing the Chinese government to hit its target of about 5% annual growth for 2023 even though trade data and the economic recovery remain uneven. Officials from China’s National Bureau of Statistics said that measures including “strengthened macro regulation, and redoubled efforts to expand domestic demand, …

China's economic evolution: Navigating challenges
1 year, 6 months ago

China's economic evolution: Navigating challenges

Hindustan Times  

China's economic landscape is currently undergoing a profound transformation, marked by a series of challenges that have far-reaching implications for both the nation and the global economy. China's current economic challenges draw comparisons to Japan's 1990s struggles, marked by deflation, stagnant growth, asset bubbles, and structural issues. China's economic slowdown is challenging the International Monetary Fund's projection that the nation …

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