Five key Chinese economy phrases in 2021
3 years, 11 months ago

Five key Chinese economy phrases in 2021

China Daily  

The Chinese economy showed strong resilience and a robust rebound amid COVID-19. It not only made China the only major economy worldwide with positive growth in 2020 but also injected impetus into the global economic recovery. China's economy is likely to further stabilize and achieve high-quality growth in 2021 and beyond, given favorable conditions such as a massive domestic market and rising urbanization rate. Green growth China called for a "green recovery" during a series of high-profile international conferences, pledging to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060. Official data showed value-added output by China's high-tech manufacturing sector saw a 5.9-percent growth in the first three quarters of 2020, 4.7 percentage points higher than the overall industrial output growth.

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History of this topic

Journey to a greener future
2 months, 3 weeks ago

Journey to a greener future

China Daily  

Shift in development Having been to China over 100 times, with his first visit in 1980, Martin Lees, former assistant secretary general at the United Nations, has been deeply engaged in China's environmental policy development. Marveling at the country's transformation from a nation where the term "environmental industries" was unfamiliar in the 1990s to one that has now established world-leading …

China's green efforts to gain momentum
3 months, 2 weeks ago

China's green efforts to gain momentum

China Daily  

By ZHENG WANYIN in London | China Daily Global | Updated: 2024-09-05 09:47 A green building in the Shenzhen International Low-Carbon City in Guangdong province, is among those in the special area that use sustainable energy sources. Experts said China's efforts in promoting high-quality economic development and fostering new quality productive forces could further boost the nation's green transition. The …

China's green efforts to gain momentum
3 months, 2 weeks ago

China's green efforts to gain momentum

China Daily  

A green building in the Shenzhen International Low-Carbon City in Guangdong province, is among those in the special area that use sustainable energy sources. Experts said China's efforts in promoting high-quality economic development and fostering new quality productive forces could further boost the nation's green transition. The plenum's resolution described high-quality development as a "primary task "in building China into …

China's green efforts to gain momentum
3 months, 2 weeks ago

China's green efforts to gain momentum

China Daily  

A green building in the Shenzhen International Low-Carbon City in Guangdong province, is among those in the special area that use sustainable energy sources. Experts said China's efforts in promoting high-quality economic development and fostering new quality productive forces could further boost the nation's green transition. The plenum's resolution described high-quality development as a "primary task "in building China into …

New quality productive forces to rejuvenate market
4 months, 1 week ago

New quality productive forces to rejuvenate market

China Daily  

Q5 The plenary session has stressed that reform tasks laid out at the meeting shall be completed by the time the People's Republic of China celebrates its 80th anniversary in 2029. How do you expect the new reform and opening-up measures to transform the Chinese economy in the coming five years? MADARANG: The plenum's reform measures are expected to significantly …

New quality productive forces to rejuvenate market
4 months, 1 week ago

New quality productive forces to rejuvenate market

China Daily  

Nat Madarang, president of Goodyear Asia Pacific. MADARANG: The third plenary session of the 20th Communist Party of China Central Committee emphasized China's commitment to deepening reforms and enhancing the business environment, which is expected to attract more foreign investment. The certainty of China's economy and the government's steadfast commitment provide a long-term stable environment for business development in China, …

Xi steers China into sweeping green transition
4 months, 1 week ago

Xi steers China into sweeping green transition

China Daily  

A photo taken on Aug 11, 2023 shows the village of Yucun in East China's Zhejiang province. This statement by Chinese President Xi Jinping is vividly exemplified by the people of Anji county in East China's Zhejiang province, where a shift in perception has successfully driven a green transition. These sweeping changes in the local geographic and economic landscape were …

New quality productive forces to rejuvenate market
4 months, 1 week ago

New quality productive forces to rejuvenate market

China Daily  

Nat Madarang, president of Goodyear Asia Pacific. MADARANG: The third plenary session of the 20th Communist Party of China Central Committee emphasized China's commitment to deepening reforms and enhancing the business environment, which is expected to attract more foreign investment. The certainty of China's economy and the government's steadfast commitment provide a long-term stable environment for business development in China, …

New quality productive forces to rejuvenate market
4 months, 1 week ago

New quality productive forces to rejuvenate market

China Daily  

Q5 The plenary session has stressed that reform tasks laid out at the meeting shall be completed by the time the People's Republic of China celebrates its 80th anniversary in 2029. How do you expect the new reform and opening-up measures to transform the Chinese economy in the coming five years? MADARANG: The plenum's reform measures are expected to significantly …

China launches ambitious green transition guidelines
4 months, 1 week ago

China launches ambitious green transition guidelines

China Daily  

Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China's Guizhou province. China's central government has unveiled a new state-level guideline aimed at achieving a comprehensive green transition across the nation's economy and society over the next decade. Among the specific goals are increasing the scale of the energy-saving industry to approximately 15 …

China launches ambitious green transition guidelines
4 months, 1 week ago

China launches ambitious green transition guidelines

China Daily  

Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China's Guizhou province. China's central government has unveiled a new state-level guideline aimed at achieving a comprehensive green transition across the nation's economy and society over the next decade. Among the specific goals are increasing the scale of the energy-saving industry to approximately 15 …

On track to attain 2024 growth goal
5 months ago

On track to attain 2024 growth goal

China Daily  

Two participants at the 2024 Summer Davos Forum exchange views in Dalian, Liaoning province. YAO JIANFENG/XINHUA China is on track to reach the 2024 GDP growth target of around 5 percent given the strong policy stimulus, continued recovery trend and gradual recovery in domestic demand, experts and entrepreneurs said. Despite facing challenges from a sluggish real estate market, still-weak demand …

Countries must be broad-minded so world can better tap potential of tech and green frontiers
5 months, 4 weeks ago

Countries must be broad-minded so world can better tap potential of tech and green frontiers

China Daily  

An aerial drone photo taken on June 24, 2024 shows the Dalian International Conference Center, venue of the 2024 Summer Davos, in Dalian, Northeast China's Liaoning province. The attention the world is paying to the three-day 15th Annual Meeting of the New Champions, also known as the Summer Davos, which opened in Dalian, Liaoning province, on Tuesday, reflects the international …

Green advantage makes investors see opportunity, not overcapacity
7 months, 1 week ago

Green advantage makes investors see opportunity, not overcapacity

China Daily  

Aerial photo taken on Aug 19, 2020 shows wind turbines in Jiucaiping scenic spot in Southwest China's Guizhou province. In an address delivered during the opening ceremony of the Global Trade and Investment Promotion Summit 2024 in Beijing on Monday, Chinese Vice-President Han Zheng said China will continue expanding high-level opening-up and sharing its development dividends with all parties, while …

China's unwavering commitment to high-quality development
7 months, 1 week ago

China's unwavering commitment to high-quality development

China Daily  

A robot operates equipment on the assembly line of an automaker in Xi'an, Shaanxi province. China's thriving clean energy industry exemplifies the country's transition to high-quality development, allowing people to better understand the unstoppable growth of China's advanced capacity and the importance of upholding the new development model. As China's economy enters a new stage of development, a shift to …

Bad-mouthing China won't change trajectory of its economy
8 months, 3 weeks ago

Bad-mouthing China won't change trajectory of its economy

China Daily  

Employees work at a production facility for display units in Chongqing on March 14. In recent years, some politicians in certain Western countries have continued to try and cast a shadow over China's economy, forging and spreading various negative opinions, which actually stem from their deep-rooted zero-sum game mentality. Comprehensive analysis shows that China's economy has strong resilience and self-adjustment …

China's high-quality growth pillar for Asia's sustainable development
8 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 …

Top Chinese official says green, high tech development key as nation seeks to spur economy
8 months, 3 weeks ago

Top Chinese official says green, high tech development key as nation seeks to spur economy

Associated Press  

BOAO, China — China is committed to reforms that will upgrade the technological level of its largely manufacturing-based economy and exploit green technologies expected to drive around $1.4 trillion in annual revenues, a senior Communist Party official said Thursday. “We sincerely welcome all countries to board the express train of China’s development and join hands to realize world modernization featuring …

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

Confidence, certainty and potential behind China's 2024 growth target
9 months, 1 week ago

Confidence, certainty and potential behind China's 2024 growth target

China Daily  

The skyline of Beijing. BEIJING - China has targeted its economic growth at around 5 percent for 2024, a goal that officials and experts believe is well within reach considering the country's sound economic fundamentals and supportive macroeconomic policy mix. China's exports of the tech-intensive green trio -- lithium-ion batteries, photovoltaic products, and NEVs -- amounted to 1.06 trillion yuan …

'Opportunity China' can spur momentum of global growth
9 months, 2 weeks ago

'Opportunity China' can spur momentum of global growth

China Daily  

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. The Government Work Report released at the annual gathering of the country's top legislature on Tuesday has conveyed a message to foreign enterprises and investors that they should not miss the opportunities that China will continuously create in its pursuit of high-quality development. Taking into account the …

Govt Work Report shows how China plans to leverage its advantages
9 months, 2 weeks ago

Govt Work Report shows how China plans to leverage its advantages

China Daily  

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. This year's blueprint is a plan for China to strengthen science and technology programs and to transform this massive emphasis on research and development into new industrialization policies to create a more efficient, high quality and green industrial base for the nation's future development, and that of …

Govt Work Report shows how China plans to leverage its advantages
9 months, 2 weeks ago

Govt Work Report shows how China plans to leverage its advantages

China Daily  

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. This year's blueprint is a plan for China to strengthen science and technology programs and to transform this massive emphasis on research and development into new industrialization policies to create a more efficient, high quality and green industrial base for the nation's future development, and that of …

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

Country's strategic priorities reflect Chinese wisdom
11 months, 3 weeks ago

Country's strategic priorities reflect Chinese wisdom

China Daily  

The financial district of Pudong New Area. In addition, the nation's recently announced strategic priorities — science technology, innovation, development of a modern industrial system, the boosting of domestic demand, support for agriculture and rural farmers, integration of urban-rural development, coordinated regional development, immense social development, high-level opening-up and prevention of risks in key areas — vividly reflect the economic …

Source of strength for recovery of global economy
1 year, 4 months ago

Source of strength for recovery of global economy

China Daily  

A view of Guangzhou's CBD area. Editor's Note: The following are excerpts of Foreign Ministry spokesman Wang Wenbin's response to a question at a regular news conference in Beijing on Wednesday about some Western politicians and media claiming that China's economic slowdown may pose risks to global economic growth: The fact is that China's economy continues to recover. According to …

Rebound certain amid stability, economic rebalancing, says expert
1 year, 8 months ago

Rebound certain amid stability, economic rebalancing, says expert

China Daily  

Robot arms make automobiles in a factory in Qingdao, East China's Shandong province on Dec 20, 2022. China's economy is poised to rebound this year while ensuring stability, with greater efforts made to embrace economic rebalancing of domestic consumption, higher-end manufacturing and green projects, said a renowned economist. "Despite a global slump, China's economy is forging ahead at a decent …

Rebound certain amid stability, economic rebalancing, says expert
1 year, 8 months ago

Rebound certain amid stability, economic rebalancing, says expert

China Daily  

Robot arms make automobiles in a factory in Qingdao, East China's Shandong province on Dec 20, 2022. China's economy is poised to rebound this year while ensuring stability, with greater efforts made to embrace economic rebalancing of domestic consumption, higher-end manufacturing and green projects, said a renowned economist. "Despite a global slump, China's economy is forging ahead at a decent …

China's economy gaining momentum, top regulator says
1 year, 8 months ago

China's economy gaining momentum, top regulator says

China Daily  

A view of Beijing's CBD area on Aug 19, 2022. China's economy is stabilizing and gaining momentum amid a steady recovery this year, and the country has the confidence and capabilities to foster high-quality development, according to the country's top economic regulator. He said the country will also make a big push to boost the spending power, actively expand effective …

Foreign execs bullish on 2023 business climate
1 year, 9 months ago

Foreign execs bullish on 2023 business climate

China Daily  

From left to right: Eddy Chan, senior vice-president of FedEx Express and president of FedEx China; Liu Jie, president of Carestream Health Inc China; Ye Fei, president and CEO of Michelin China; Willie Tan, CEO of Skechers China, South Korea and Southeast Asia; Xu Yang, president of Danfoss China. Editor's Note: China Daily is publishing interviews with senior executives of …

US, Chinese officials discuss climate, economy, relationship
1 year, 11 months ago

US, Chinese officials discuss climate, economy, relationship

Associated Press  

ZURICH — U.S. Treasury Secretary Janet Yellen met on Wednesday with her Chinese counterpart and pledged an effort to manage differences and “prevent competition from becoming anything ever near conflict” as the two nations try to thaw relations. A U.S. Treasury readout of the 2 1/2-hour meeting says the two agreed that the U.S. and China would cooperate more on …

China to inject new impetus into global economy
1 year, 11 months ago

China to inject new impetus into global economy

China Daily  

Foreign enterprises and international experts believe that China's optimization of COVID-19 response, which expands the flows of people, will help activate the country's economic vitality and potential, and bring important benefits to world recovery and growth. Daniel Lacalle, chief economist at Spain's asset manager Tressis Management, noted that China's optimization of COVID-19 response is good news to the market in …

China needs to fuel recovery in 2023
2 years ago

China needs to fuel recovery in 2023

China Daily  

MA XUEJING/CHINA DAILY Editor's note: China will strive to make new strides in economic development in 2023, with measures to take new steps in reform and opening-up, achieve new progress in building an ecological civilization, and boost the well-being of people, among others. Amid this dire international landscape, China's recovery would help brighten the global economic prospects. Following several years …

Chinese modernization delivers economic growth for the world
2 years, 1 month ago

Chinese modernization delivers economic growth for the world

China Daily  

"China was the powerhouse of economic growth globally for the last 30 years. Now, this modernization program can help to deliver more economic growth for the world," said Digby James Wren, a senior special adviser to, and director of the Mekong Research Center, the International Relations Institute, Royal Academy of Cambodia. Speaking of the most important takeaway from the National …

Xiconomics: How China's push for economic stability bolsters global recovery
2 years, 5 months ago

Xiconomics: How China's push for economic stability bolsters global recovery

China Daily  

On the shop floor of Shaoxing's Buting textile company in East China's Zhejiang province, processing and manufacturing machines are humming around the clock. POLICY GUIDANCE FOR STABLE GROWTH China's National Bureau of Statistics showed Friday that the country's GDP has secured positive growth in the second quarter and expanded 2.5 percent in the first half of the year. Thanks to …

Major MNCs see green space for development
2 years, 9 months ago

Major MNCs see green space for development

China Daily  

Editor's Note: Amid challenges including geopolitical tensions and the tightening policies by major central banks, the focus has been on how the two sessions－the annual sittings of China's national legislature and top political advisory body－map out this year's policy agenda to navigate the world's second-largest economy through headwinds and further open up its vast market to the rest of the …

Major MNCs see green space for development
2 years, 9 months ago

Major MNCs see green space for development

China Daily  

Editor's Note: Amid challenges including geopolitical tensions and the tightening policies by major central banks, the focus has been on how the two sessions－the annual sittings of China's national legislature and top political advisory body－map out this year's policy agenda to navigate the world's second-largest economy through headwinds and further open up its vast market to the rest of the …

Review and forecast: How execs view industry and China's economy
3 years ago

Review and forecast: How execs view industry and China's economy

China Daily  

How Jit Lim, managing director and head of China, Performance Improvement Practice, Alvarez and Marsal Q1: How do you evaluate your company's performance in China as well as in the global market in 2021? As the market transitions to a new normal, we are also helping corporate clients transform their businesses to emerge stronger and capture the upside in their …

Review and forecast: How execs view industry and China's economy
3 years ago

Review and forecast: How execs view industry and China's economy

China Daily  

Kitty Fok, managing director of IDC China Q1: How do you evaluate your company's performance in China as well as in the global market in 2021? The 14th Five-Year Plan from the Chinese government has given clear direction for the development of China's digital economy and digital transformation. In 2021, China's overall business environment moved in a healthy direction, intellectual …

Sustainable development highlighted at webinar
3 years ago

Sustainable development highlighted at webinar

China Daily  

Experts attend the Global Strategic Dialogue 2021, an international webinar on the open global economy co-hosted by the Chinese Academy of Social Sciences and China Daily, on Dec 20, 2021. Amar Bhattacharya, senior fellow of Global Economy and Development program at the Brookings Institution, noted when speaking at a webinar on Monday economies need to switch to a greener and …

China's efforts to stabilize economic growth in 2022
3 years ago

China's efforts to stabilize economic growth in 2022

China Daily  

chinadaily.com.cn| Updated :2021-12-20 Editor's note: The just-concluded annual Central Economic Work Conference mapped out a mix of measures to stabilize growth next year. The statement called for efforts to enhance China's strategic sci-tech strength, give full play to the role of national laboratories, reconstruct key national laboratories, and promote the reform of research institutes. The meeting also decided that the …

New paradigm for economic development
3 years ago

New paradigm for economic development

China Daily  

MA XUEJING/CHINA DAILY Editor's note: Maintaining economic stability and higher-quality development, and achieving "common prosperity" are priority areas for China. Under the new rubric of "common prosperity", the government's official goal for the coming decade is to create the conditions for the growth of a large, prosperous middle-income group, generate better opportunities for everyone, and elicit more "empathetic" behavior from …

Global China for a shared future of certainties and hope
3 years, 8 months ago

Global China for a shared future of certainties and hope

China Daily  

Photo taken on May 28, 2020 shows a view of the Great Hall of the People in Beijing, capital of China. Change in China has had three essential pillars: the first, economic and social progress; the second, economic opening up to the world; and the third, multilateralism in its international relations, always based on the principle of non-interference in the …

Global China for a shared future of certainties and hope
3 years, 8 months ago

Global China for a shared future of certainties and hope

China Daily  

Photo taken on May 28, 2020 shows a view of the Great Hall of the People in Beijing, capital of China. Change in China has had three essential pillars: the first, economic and social progress; the second, economic opening up to the world; and the third, multilateralism in its international relations, always based on the principle of non-interference in the …

Innovation to drive China's development
3 years, 9 months ago

Innovation to drive China's development

China Daily  

Workers weld at a workshop of an automobile manufacturing enterprise in Qingzhou city, East China's Shandong province, Feb 28, 2021. Xu's estimates came after China set major targets and tasks for economic and social development during the 14th Five-Year Plan period, with a key focus on fostering high-quality growth and boosting innovation-driven development. "In fact, China's future development will benefit …

2021年《政府工作报告》（双语全文）
3 years, 9 months ago

2021年《政府工作报告》（双语全文）

China Daily  

3月5日，第十三届全国人大四次会议在北京人民大会堂开幕，李克强代表国务院向大会作政府工作报告。 第十三届全国人民代表大会第四次会议听取和审议了国务院总理李克强所作的政府工作报告。会议高度评价“十三五”时期我国经济社会发展取得的历史性成就，充分肯定国务院过去一年的工作，同意报告提出的“十四五”时期主要目标任务和2021年经济社会发展的总体要求、主要目标和工作部署，决定批准这个报告。 3月5日，第十三届全国人民代表大会第四次会议在北京人民大会堂开幕。（图片来源：新华网） 以下为报告双语全文： 政府工作报告 REPORT ON THE WORK OF THE GOVERNMENT ——2021年3月5日在第十三届全国人民代表大会第四次会议上 国务院总理 李克强 Delivered at the Fourth Session of the 13th National People’s Congress of the People’s Republic of China on March 5, 2021 Li Keqiang Premier of the State Council 各位代表： Fellow Deputies, 现在，我代表国务院，向大会报告政府工作，请予审议，并请全国政协委员提出意见。 On behalf of the State Council, I will now report to you on …

More policy support for businesses' R&D
3 years, 9 months ago

More policy support for businesses' R&D

China Daily  

Premier says companies are the most important force in making innovations China will step up efforts to spur innovation as it builds the new development paradigm in the coming five years, bringing sustained growth momentum to its economy and great opportunities to foreign businesses, officials and experts said on Thursday. Zhang Yansheng, chief researcher at the China Center for International …

China improves business environment to spur economy
4 years, 4 months ago

China improves business environment to spur economy

China Daily  

The world's second-largest economy is unswervingly improving its business environment, nurturing fertile ground for the growth of various companies and injecting vitality into the domestic and global economy. "China continues to create an open, fair, just and non-discriminatory business environment, offering more opportunities to the world, thus helping stabilize the unsettled global economy amid the COVID-19 pandemic. "We were happy …

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