China will continue to make its contribution
7 years, 5 months ago

China will continue to make its contribution

China Daily  

A technician inspects the surface of a stainless steel component at a factory of Shanxi-based Taiyuan Iron and Steel Co, which is staking its future on research and development efforts. Amid a time of lingering global economic recession, China has remained the world's major economic engine－contributing one-third of global growth－despite its restructuring pains ranging from cutting excess production capacity to containing leverage and asset bubbles. It has rolled out a new model for achieving win-win cooperation, the Belt and Road Initiative, which seeks to integrate bilateral economic and trade cooperation with multilateral and regional partnerships, and it has established institutional platforms such as the Asian Infrastructure Investment Bank and Silk Road Fund to help fund greater connectivity. China has also played a pivotal role in driving regional growth by pushing ahead with proposals to establish the Regional Comprehensive Economic Partnership and a Free Trade Area of the Asia-Pacific as institutional mechanisms to safeguard free trade in the region. As a beneficiary and participant of free trade and globalization, China will continue to champion globalization and play a leading role in advocating and promoting free trade despite the lurch toward protectionism in the West.

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History of this topic

Global ties more critical amid uncertainties
1 day, 23 hours ago

Global ties more critical amid uncertainties

China Daily  

While the tariff policies wielded by the United States have ushered global businesses into a period of increased uncertainty, China is focused on building open and shared industrial chains to embrace international cooperation, and is leveraging its growing consumption momentum to boost global demand, senior economists said. "While the high tariffs tipped by US President Donald Trump were a major …

High-quality growth offers global boost
Trending News
3 days, 23 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
3 days, 23 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’s ‘Two Sessions’: Beijing softens tone, pushes for innovation to endure changing world order
1 week ago

China’s ‘Two Sessions’: Beijing softens tone, pushes for innovation to endure changing world order

Firstpost  

With the world entering a disruptive era of economic and technological competition, China’s policies will have far-reaching ramifications for the global markets, technological ecosystems and diplomacy China’s ‘Two Sessions’ is a well-choreographed, key political event convened annually in Beijing. The convention is termed as ‘Two Sessions’ because the country’s two top political bodies – the Chinese People’s Political Consultative Conference …

China's high-tech path to a greener, brighter future
1 week, 3 days 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 is ending its annual Congress with questions open over how to revive its slowing economy
2 weeks, 2 days ago

China is ending its annual Congress with questions open over how to revive its slowing economy

New Indian Express  

BEIJING: China is wrapping up its biggest political event of the year on Tuesday, leaving one question unanswered: How far will it go to try to revive economic growth in 2025? A recurring theme throughout the weeklong meeting of the nearly 3,000-member National People’s Congress was the need to boost investment and consumer spending. The meeting ended Tuesday in the …

China set to stimulate growth amid global uncertainty
2 weeks, 2 days 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 …

Ambassadors laud China's growth prospects and positive messages to the world
Trending News
3 weeks ago

Ambassadors laud China's growth prospects and positive messages to the world

China Daily  

Khamis Mussa Omar Tanzania The two sessions are very important sessions for China. China also has its own place within the global economy. Fernando Lugris Uruguay The government of China announced that the expectation of this year's economic growth is around 5 percent, which is a very good indication for the world economy. This is a reaffirmation of China's role …

Ambassadors laud China's growth prospects and positive messages to the world
Trending News
3 weeks ago

Ambassadors laud China's growth prospects and positive messages to the world

China Daily  

Khamis Mussa Omar Tanzania The two sessions are very important sessions for China. China also has its own place within the global economy. Fernando Lugris Uruguay The government of China announced that the expectation of this year's economic growth is around 5 percent, which is a very good indication for the world economy. This is a reaffirmation of China's role …

Country should explore strengths to consolidate base for recovery
3 weeks ago

Country should explore strengths to consolidate base for recovery

China Daily  

Employees work on a production line of NEV maker BYD in Xi'an, Shaanxi province. This year, the economy is poised to benefit from the synergistic effects of innovation-driven growth, domestic demand expansion, private enterprise empowerment and the revaluation of Chinese assets by international capital. DeepSeek, a Chinese private artificial intelligence startup, exemplifies the breakthrough advancements in China's AI sector, even …

Ambassadors laud China's growth prospects and positive messages to the world
Top News
3 weeks ago

Ambassadors laud China's growth prospects and positive messages to the world

China Daily  

Khamis Mussa Omar Tanzania The two sessions are very important sessions for China. China also has its own place within the global economy. Fernando Lugris Uruguay The government of China announced that the expectation of this year's economic growth is around 5 percent, which is a very good indication for the world economy. This is a reaffirmation of China's role …

Ambassadors laud China's growth prospects and positive messages to the world
3 weeks ago

Ambassadors laud China's growth prospects and positive messages to the world

China Daily  

Khamis Mussa Omar Tanzania The two sessions are very important sessions for China. China also has its own place within the global economy. Fernando Lugris Uruguay The government of China announced that the expectation of this year's economic growth is around 5 percent, which is a very good indication for the world economy. This is a reaffirmation of China's role …

Sustaining economic growth and other takeaways from the start of China’s legislative session
3 weeks, 1 day 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's annual session opens amidst trade war and economic uncertainty
3 weeks, 1 day ago

China's annual session opens amidst trade war and economic uncertainty

Firstpost  

Pressure is mounting on Chinese policymakers to implement measures that put more money in consumers’ wallets while reducing the world’s second-largest economy’s reliance on exports and investment for development Chinese President Xi Jinping walks out at the end of the opening session of the Chinese People's Political Consultative Conference at the Great Hall of the People in Beijing, China. An …

China defies Trump’s trade war by setting ambitious 5% growth target, vows to ‘prevail over any difficulty’
3 weeks, 2 days 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’
3 weeks, 2 days 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
3 weeks, 3 days 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, …

Why Chinese economy can navigate global headwinds
1 month ago

Why Chinese economy can navigate global headwinds

China Daily  

SHI YU/CHINA DAILY Assuming that the measures US President Donald Trump has taken in the first few weeks in office reflect, a new and sustainable path for the United States, instead of whims, will they have an impact on China's economic prospects? First, the large size of China's domestic market guarantees low average production costs and, therefore, relatively low prices …

Why Chinese economy can navigate global headwinds
1 month ago

Why Chinese economy can navigate global headwinds

China Daily  

SHI YU/CHINA DAILY Assuming that the measures US President Donald Trump has taken in the first few weeks in office reflect, a new and sustainable path for the United States, instead of whims, will they have an impact on China's economic prospects? First, the large size of China's domestic market guarantees low average production costs and, therefore, relatively low prices …

Why Chinese economy can navigate global headwinds
1 month ago

Why Chinese economy can navigate global headwinds

China Daily  

SHI YU/CHINA DAILY Assuming that the measures US President Donald Trump has taken in the first few weeks in office reflect, a new and sustainable path for the United States, instead of whims, will they have an impact on China's economic prospects? First, the large size of China's domestic market guarantees low average production costs and, therefore, relatively low prices …

Why Chinese economy can navigate global headwinds
1 month ago

Why Chinese economy can navigate global headwinds

China Daily  

SHI YU/CHINA DAILY Assuming that the measures US President Donald Trump has taken in the first few weeks in office reflect, a new and sustainable path for the United States, instead of whims, will they have an impact on China's economic prospects? First, the large size of China's domestic market guarantees low average production costs and, therefore, relatively low prices …

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 …

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 …

Consumers to play bigger role in spurring growth
2 months ago

Consumers to play bigger role in spurring growth

China Daily  

A consumer checks out Lenovo laptops in Shanghai in May. CHINA DAILY China's consumption, powered by a more proactive fiscal policy and a moderately loose monetary policy, will bring out greater vitality and play a bigger role in spurring overall economic growth this year, said officials and executives. In particular, the country's trade-in initiatives, which have contributed to a more …

China offers unique path of growth, says expert
2 months 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 …

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 …

China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures
2 months, 1 week ago

China’s economy expands 5% in 2024, hitting target helped by strong exports, stimulus measures

Associated Press  

HONG KONG — China’s economy expanded at a 5% annual pace in 2024, slower than the year before but in line with Beijing’s target of “around 5%” growth, thanks to strong exports and recent stimulus measures. “Particularly, with a package of incremental policies being timely rolled out, public confidence was effectively bolstered and the economy recovered remarkably,” it said. “We …

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, 3 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 …

China’s economy is burdened by years of excess. Here’s how bad it really is.
2 months, 3 weeks ago

China’s economy is burdened by years of excess. Here’s how bad it really is.

Live Mint  

China’s go-go days are behind it as the world’s second-largest economy struggles with the bursting of the biggest real-estate bubble ever. China’s economy today is burdened with excess: Millions of empty or unfinished apartment blocks, trillions of dollars in debt straining local governments and ballooning industrial production driving an export surge that is igniting trade tensions worldwide. Nonetheless, the scale …

5 things about China’s struggle to get out of Covid shock to its economy
2 months, 3 weeks ago

5 things about China’s struggle to get out of Covid shock to its economy

Firstpost  

China’s struggle to recover from the shock of COVID-19 in 2024 laid bare long-standing vulnerabilities in its economy. China’s economy once hailed as the engine of global growth, faced a tumultuous 2024 affected by a series of economic and geopolitical challenges. Never really recovered from COVID shock China’s economy faced a continuing sluggish recovery in 2024 due to the consequences …

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 …

Chinadaily.com.cn
3 months, 1 week ago

Chinadaily.com.cn

China Daily  

Uncertainty in the global economic outlook has put a brake on the engine of global growth and led to the rise of statism For more than a decade, elections taking place in the world's major countries, such as the United States, have not only intensified political divisions, but also increased their external influence. The global economic circulation driven by global …

CHINADAILY EPAPER
Trending News
3 months, 1 week ago

CHINADAILY EPAPER

China Daily  

The flags of China and its Macao Special Administrative Region flutter above a bustling street in the city on Saturday, ahead of the 25th anniversary of Macao's return to the motherland, which falls on Dec 20. Huang Taiming / For China Daily Opening-up to spur foreign trade growth China will continue to advance institutionalized opening-up, broaden market access for global …

Steps ready for stable growth of the economy
3 months, 1 week ago

Steps ready for stable growth of the economy

China Daily  

Xi Jinping, general secretary of the Communist Party of China Central Committee, Chinese president and chairman of the Central Military Commission, delivers an important speech at the annual Central Economic Work Conference in Beijing, capital of China. In setting priorities for its economic policy for 2025, China is emphasizing the need to maintain stable growth, employment and commodity prices through …

Steps ready for stable growth of the economy
3 months, 1 week ago

Steps ready for stable growth of the economy

China Daily  

Xi Jinping, general secretary of the Communist Party of China Central Committee, Chinese president and chairman of the Central Military Commission, delivers an important speech at the annual Central Economic Work Conference in Beijing, capital of China. In setting priorities for its economic policy for 2025, China is emphasizing the need to maintain stable growth, employment and commodity prices through …

Steps ready for stable growth of the economy
3 months, 2 weeks ago

Steps ready for stable growth of the economy

China Daily  

In setting priorities for its economic policy for 2025, China is emphasizing the need to maintain stable growth, employment and commodity prices through steps including higher deficit-to-GDP ratios, the issuance of ultra-long-term special treasury bonds and interest rate cuts. The meeting reaffirmed the need to adopt a moderately loose monetary policy next year, including the rollout of rate cuts and …

Firm confidence in prospects of economy
3 months, 2 weeks ago

Firm confidence in prospects of economy

China Daily  

That China's consumer inflation fell to a five-month low in November, climbing 0.2 percent from a year ago, according to data the National Bureau of Statistics released on Monday, serves to show that it remains a challenge for the world's second-largest economy to effectively stimulate its weak domestic demand. That also explains the great attention paid to the "1+10" Dialogue …

Policy coordination can spur common prosperity
Trending News
3 months, 2 weeks ago

Policy coordination can spur common prosperity

China Daily  

The talks Chinese Premier Li Qiang is hosting in Beijing on Monday with heads of 10 international economic organizations are expected to be conducive to improving the global economic governance system and promoting global common prosperity. Under the theme of "Building Consensus on Development to Promote Global Common Prosperity", Premier Li and his guests, including heads of the World Bank, …

Firm confidence in prospects of economy: China Daily editorial
Trending News
3 months, 2 weeks ago

Firm confidence in prospects of economy: China Daily editorial

China Daily  

A view of Beijing's CBD area on Aug 19, 2022. That also explains the great attention paid to the "1+10" Dialogue Chinese Premier Li Qiang hosted in Beijing on Monday with the heads of 10 international economic organizations, including the World Bank, the International Monetary Fund, the World Trade Organization and the Bank for International Settlements, under the theme of …

Policy coordination can spur common prosperity: China Daily editorial
Trending News
3 months, 2 weeks ago

Policy coordination can spur common prosperity: China Daily editorial

China Daily  

The talks Chinese Premier Li Qiang is hosting in Beijing on Monday with heads of 10 international economic organizations are expected to be conducive to improving the global economic governance system and promoting global common prosperity. Under the theme of "Building Consensus on Development to Promote Global Common Prosperity", Premier Li and his guests, including heads of the World Bank, …

Nation steps up efforts to bolster import and export growth
Trending News
3 months, 3 weeks ago

Nation steps up efforts to bolster import and export growth

China Daily  

A view of a container terminal in Haikou, Hainan province, in October. In the first 10 months, China's total foreign trade value amounted to 36 trillion yuan, representing a 5.2 percent year-on-year increase, and its export share in the global market also remained largely stable. At a news conference last Friday, Vice-Minister of Commerce Wang Shouwen said China's foreign trade …

Nation steps up efforts to bolster import and export growth
Trending News
3 months, 3 weeks ago

Nation steps up efforts to bolster import and export growth

China Daily  

A view of a container terminal in Haikou, Hainan province, in October. In the first 10 months, China's total foreign trade value amounted to 36 trillion yuan, representing a 5.2 percent year-on-year increase, and its export share in the global market also remained largely stable. At a news conference last Friday, Vice-Minister of Commerce Wang Shouwen said China's foreign trade …

Already, China is Shaking The World
3 months, 3 weeks ago

Already, China is Shaking The World

China Daily  

As Bonaparte said, let China sleep for when she awakes she will shake the World. Janet Yellen was forced to complain China's economy was too big for the World to cope when the West imposed tariffs on China's EVs whining about "over-capacity" rather than actual "dumping". "Donald Trump called former US president Jimmy Carter to discuss fear China is ‘getting …

China's economy to sustain recovery in Nov-Dec: NDRC
4 months, 1 week ago

China's economy to sustain recovery in Nov-Dec: NDRC

China Daily  

Xinhua | Updated: 2024-11-19 11:20 BEIJING - China's economy is expected to maintain its recovery momentum in November and December thanks to the effectiveness of the country's policy toolkit, the National Development and Reform Commission said on Tuesday. The commission, the country's top economic planner, is working with other parties to achieve the full-year growth target, said NDRC spokesperson Li …

China's economy to sustain recovery in Nov-Dec: NDRC
Trending News
4 months, 1 week ago

China's economy to sustain recovery in Nov-Dec: NDRC

China Daily  

BEIJING - China's economy is expected to maintain its recovery momentum in November and December thanks to the effectiveness of the country's policy toolkit, the National Development and Reform Commission said on Tuesday. The commission, the country's top economic planner, is working with other parties to achieve the full-year growth target, said NDRC spokesperson Li Chao at a press conference. …

Xi's remarks at APEC event draw praise
4 months, 1 week ago

Xi's remarks at APEC event draw praise

China Daily  

By Xu Weiwei in Hong Kong, Chen Weihua in Brussels and Wang Xiaodong in Nairobi, Kenya | China Daily Global | Updated: 2024-11-19 11:21 Chinese President Xi Jinping's speeches at the APEC CEO Summit and the APEC Economic Leaders' Meeting reflect China's firm belief in multilateralism and people-centered development, addressing imbalances and fostering shared prosperity, analysts said. They said his …

Xi's remarks at APEC event draw praise
4 months, 1 week ago

Xi's remarks at APEC event draw praise

China Daily  

By Xu Weiwei in Hong Kong, Chen Weihua in Brussels and Wang Xiaodong in Nairobi, Kenya | China Daily Global | Updated: 2024-11-19 11:21 Chinese President Xi Jinping's speeches at the APEC CEO Summit and the APEC Economic Leaders' Meeting reflect China's firm belief in multilateralism and people-centered development, addressing imbalances and fostering shared prosperity, analysts said. They said his …

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