China's policy agenda offers global benefits
5 months, 2 weeks ago

China's policy agenda offers global benefits

China Daily  

A view of a privately owned textile company in Nantong, Jiangsu province. Experts expressed optimism about China's long-term social and economic policies outlined in the resolution on further deepening reform comprehensively, saying the modernization drive of the world's second-largest economy is of global significance. Mehmood Ul Hassan Khan, president of the Pak-China Corridor of Knowledge and executive director of the Center for South Asia and International Studies, said, "The communique of the third plenum of the 20th CPC Central Committee shows a holistic and comprehensive policy agenda, covering all aspects of robust economic development, along with further support for new quality productive forces, which is a good omen for economic stability, sustainability, diversification and modernization." China's institutional opening-up and the development of new quality productive forces will definitely create more opportunities for the entire world, benefiting not only the Global South, but also the Global North," he said. I hold an optimistic outlook on China's economic future, expecting continued robust growth, which will pave the way for more cooperation that will benefit both our nations and the global economy," he said.

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History of this topic

Six key points to watch as China plans its 2025 economic roadmap
3 weeks, 1 day ago

Six key points to watch as China plans its 2025 economic roadmap

China Daily  

Shoppers buy groceries at a supermarket in Shijiazhuang, Hebei province. Analysts believe the multipronged policy announcements from the meeting -- including the adoption of more proactive macro policies, measures to boost domestic demand and efforts to stabilize the property market -- will support stable economic growth, safeguard jobs and consumer prices, boost people's income, and enhance China's appeal to foreign …

Steps ready for stable growth of the economy
4 weeks, 1 day 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 …

Policy coordination can spur common prosperity
Trending News
1 month 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, …

Policy coordination can spur common prosperity: China Daily editorial
Trending News
1 month 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, …

China calls for shared global growth
1 month 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
1 month, 2 weeks 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
1 month, 2 weeks 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's economy to sustain recovery in Nov-Dec: NDRC
1 month, 3 weeks 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
1 month, 3 weeks 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. …

Sifting fact from fiction: Nation vital to progress
1 month, 4 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 …

Sifting fact from fiction: Nation vital to progress
1 month, 4 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
2 months 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
2 months, 2 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.

China's Economic Stability: A Steady Beacon Amid Global Uncertainty
2 months, 2 weeks ago

China's Economic Stability: A Steady Beacon Amid Global Uncertainty

China Daily  

China's economy remains a stabilizing force in the global economy, despite the challenges of global geopolitical rivalries and rising government debt. The country's structural reforms and high-quality development strategies have contributed to its stability and growth. China's commitment to high-quality development and its willingness to engage in global trade and cooperation remain crucial for maintaining its economic prosperity and stability …

Xinhua Commentary: Celebrating 75th anniversary of people's republic, China more confident and tenacious in modernization cause
3 months ago

Xinhua Commentary: Celebrating 75th anniversary of people's republic, China more confident and tenacious in modernization cause

China Daily  

An aerial photo taken on Oct 1, 2024 shows tourists visiting Xijie, an ancient street area, in Quanzhou, East China's Fujian province. BEIJING -- As people from all walks of life nationwide celebrate the 75th founding anniversary of New China, they embrace a brighter future thanks to the all-around progress of Chinese modernization. The strong confidence and firm conviction of …

Chinese modernization serves as model for Pakistan to promote economic development: Pakistani PM
3 months ago

Chinese modernization serves as model for Pakistan to promote economic development: Pakistani PM

China Daily  

This photo taken on March 21, 2023 shows the view of cooling towers at the Thar Coal Block-I Coal Electricity Integration project in Sindh province, Pakistan. ISLAMABAD -- The unique Chinese modernization serves as a model for Pakistan to promote economic development, Pakistani Prime Minister Shehbaz Sharif has said, extending congratulations on the 75th anniversary of the founding of the …

New China's developments benefit the world
3 months, 1 week ago

New China's developments benefit the world

China Daily  

chinadaily.com.cn | Updated: Sep 30, 2024 Editor's note: Over the past 75 years, New China has made remarkable progress that not only benefits the Chinese people but also creates opportunities for the global community. Equally significant is China's commitment to collaborating with the global community and sharing the benefits of modernization worldwide, a principle deeply rooted in traditional Chinese values. …

75 years' progress vital for China and world
3 months, 2 weeks ago

75 years' progress vital for China and world

China Daily  

Tech progress worth celebrating By Vasilis Trigkas Heraclitus, the pre-Socratic Greek philosopher, declared more than 2,500 years ago that change is the only constant. But after late leader Deng Xiaoping introduced reform and opening-up in 1978, China has not looked back, becoming a global economic power first and more recently a global leader in high-tech. China's economic and technological achievements …

China's modernization has benefited world: Diplomat
3 months, 2 weeks ago

China's modernization has benefited world: Diplomat

China Daily  

China's continued path to modernization will not only boost global trade but also foster mutual understanding between the world and China, a retired senior diplomat says. Abdul Majid Ahmad Khan, president of the Malaysia-China Friendship Association and former Malaysian ambassador to China, said that since China's opening-up policy was launched more than 40 years ago, Chinese modernization has benefited the …

China's modernization efforts create opportunities for world
3 months, 2 weeks 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 …

China on track to reach economic growth goal
4 months, 3 weeks ago

China on track to reach economic growth goal

China Daily  

Xu Hongcai, deputy director of the China Association of Policy Science's Economic Policy Committee delivers a speech at a news conference held in Beijing, on Tuesday. China is well poised to achieve its economic growth goal of about 5 percent this year, as the country continues to boost domestic demand, a senior expert said on Tuesday. Xu also said insufficient …

Chinese economy advances with steady growth momentum
4 months, 3 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 …

IEA says China renewables benefit world
5 months, 1 week ago

IEA says China renewables benefit world

China Daily  

Technicians install photovoltaic panels at a solar power farm in Dongshan county, Fujian province. The rapid growth of renewable energy in China is outpacing the pursuit of national carbon goals, significantly aiding the global shift toward green energy, experts said. By the end of June, China's grid-connected wind power capacity stood at 470 million kW, and grid-connected solar power capacity …

Experts hail emphasis on improved quality of life
5 months, 2 weeks ago

Experts hail emphasis on improved quality of life

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. The third plenary session of the 20th Central Committee of the Communist Party of China has unveiled a strategic road map to deepen reform and advance modernization, which will further boost China's socioeconomic development and improve its people's lives, overseas analysts said. New quality productive forces …

Greater reform set to lift growth till 2029
5 months, 3 weeks ago

Greater reform set to lift growth till 2029

China Daily  

A view of a privately owned textile company in Nantong, Jiangsu province. Greater reform to advance urbanization and reinforce the role of the market in the economy will play a pivotal role in lifting China's economic growth in the coming five years, which should be able to reach about 5 percent annually, economists and officials said on Friday. The period …

A strong guarantee is made to achieve national rejuvenation: China Daily editorial
5 months, 3 weeks ago

A strong guarantee is made to achieve national rejuvenation: China Daily editorial

China Daily  

The third plenary session of the 20th Central Committee of the Communist Party of China concluded in Beijing on Thursday, having charted a new course for the nation's foreseeable future under the guidance of CPC Central Committee General Secretary Xi Jinping. The approval of the Resolution of the Central Committee of the Communist Party of China on Further Deepening Reform …

China's economic vibrancy strengthens the global economy
5 months, 3 weeks 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, …

China's reform efforts hailed by execs, experts
7 months, 1 week ago

China's reform efforts hailed by execs, experts

China Daily  

A staff member checks optoelectronics products at a tech firm in Kunshan, Jiangsu province, on May 15, 2024. "Deepening reforms, particularly institutional reforms, will help remove obstacles and difficulties hindering the development of new quality productive forces and promote optimal allocation and free flow of production factors including capital, technology and labor," said Liu Quanhong, director of the industrial and …

China, Arab states begin new era of cooperation
7 months, 1 week ago

China, Arab states begin new era of cooperation

China Daily  

SHI YU/CHINA DAILY In the 20th year of its establishment, the China-Arab States Cooperation Forum is holding its 10th ministerial meeting in Beijing, where leaders and ministers from China and Arab countries will gather to discuss ways to further deepen cooperation and build a China-Arab community with a shared future. Cultural exchanges and mutual learning between China and Arab countries …

China, Arab states begin new era of cooperation
7 months, 1 week ago

China, Arab states begin new era of cooperation

China Daily  

SHI YU/CHINA DAILY In the 20th year of its establishment, the China-Arab States Cooperation Forum is holding its 10th ministerial meeting in Beijing, where leaders and ministers from China and Arab countries will gather to discuss ways to further deepen cooperation and build a China-Arab community with a shared future. Cultural exchanges and mutual learning between China and Arab countries …

China, GCC states urged to align plans for growth
7 months, 2 weeks ago

China, GCC states urged to align plans for growth

China Daily  

President Xi Jinping has said that China stands ready to promote solidarity and pursue cooperation with countries of the Gulf Cooperation Council to write a new chapter in China-GCC relations. China and GCC countries enjoy a long history of friendly exchanges, Xi said, noting that in 2022, the first China-GCC Summit opened up new prospects for deepening cooperation between the …

Green advantage makes investors see opportunity, not overcapacity
7 months, 3 weeks 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 …

Economist predicts further upswing for economy
9 months ago

Economist predicts further upswing for economy

China Daily  

China's economic outlook is poised to improve in the following months, buoyed by robust fiscal spending, and the country's growth target of around 5 percent for 2024 is achievable, according to a renowned economist. Huang Yiping, dean of Peking University's National School of Development, told China Daily in an exclusive interview that the nation's economy is relatively stable, with better-than-expected …

Nation's growth target seen as achievable, appropriate
9 months, 1 week ago

Nation's growth target seen as achievable, appropriate

China Daily  

This aerial photo taken on June 10, 2023 shows the night view of the urban areas in Guangzhou, South China's Guangdong province. A moderately rapid growth of around 5 percent annually is both achievable and appropriate for a country at China's stage of development, a senior economist said. Jeffrey Sachs, a world-renowned professor of economics and director of the Center …

China's high-quality growth pillar for Asia's sustainable development
9 months, 1 week 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
9 months, 2 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 …

Country vows to create more opportunities for investors
9 months, 2 weeks ago

Country vows to create more opportunities for investors

China Daily  

Vice-President Han Zheng made a speech at the Invest in China Summit 2024 in Beijing on Tuesday. Speaking on Tuesday at the Invest in China Summit 2024 in Beijing, Vice-President Han Zheng said that China will continue to explore and unleash market demand, injecting new vitality into the global economy and creating more new business opportunities for foreign companies. Ling …

Key takeaways from China Development Forum 2024
9 months, 2 weeks ago

Key takeaways from China Development Forum 2024

China Daily  

BEIJING - Themed "The Continuous Development of China," the China Development Forum 2024 concluded on Monday, with senior Chinese officials, leaders of multinationals and representatives from international organizations, offering insights into China's development and its global impact. MAJOR CONTRIBUTOR TO GLOBAL GROWTH "In the medium-term, China will continue to be a key contributor to global economic growth," said Kristalina Georgieva, …

Confidence, certainty and potential behind China's 2024 growth target
9 months, 4 weeks 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 …

China offers a better future to the world
10 months ago

China offers a better future to the world

China Daily  

A view of Beijing's CBD area. China has replaced both the US and Europe as the dominant economic power and investment engine, generating economic growth across Africa and Latin America while its Belt and Road Initiative continues to build lasting, massive new infrastructure to help promote growth and prosperity across Asia. In the Middle East, we see an even more …

'Opportunity China' can spur momentum of global growth
10 months 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 …

China's economic outlook bright, envoy says
10 months, 1 week ago

China's economic outlook bright, envoy says

China Daily  

An employee of an engineering equipment manufacturer in Nanjing, Jiangsu province, works on Thursday at the company's production line. Amid global economic uncertainties, the Chinese economy "made stable and sound progress" last year, with total economic output exceeding 126 trillion yuan, 5.2 percent more than in 2022, he said. A report of the International Financial Forum said that last year …

Beijing extends development support globally
10 months, 1 week ago

Beijing extends development support globally

China Daily  

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. China's contributions to the well-being of humankind as a whole, including its contributions to global development and governance organizations, and its development partnerships with other countries have yielded positive results for all. With the highly inclusive Belt and Road Initiative, and the expansive and all-embracing Global Development …

Beijing extends development support globally
10 months, 1 week ago

Beijing extends development support globally

China Daily  

High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. China's contributions to the well-being of humankind as a whole, including its contributions to global development and governance organizations, and its development partnerships with other countries have yielded positive results for all. With the highly inclusive Belt and Road Initiative, and the expansive and all-embracing Global Development …

Global attention riveted on China's diplomacy
10 months, 2 weeks ago

Global attention riveted on China's diplomacy

China Daily  

With the two sessions scheduled to start next week, the international spotlight is once again expected to be on China's diplomatic maneuvers as the nation gets ready to unfold its policy measures at the biggest annual event on its political calendar. Responding to an online survey conducted by China Daily website about readers' interest in China's diplomacy, some people said …

Multinationals upbeat on economic prospects
11 months, 3 weeks ago

Multinationals upbeat on economic prospects

China Daily  

The financial district of Pudong New Area. That is still the largest market in the Asia-Pacific region and even with growth of around 5 percent, the growth of China will then be bigger than the whole market of India and Indonesia added together," said Morten Wierod, president of the electrification business area and a member of the group executive committee …

What is China's contribution to the global economy?
11 months, 3 weeks ago

What is China's contribution to the global economy?

China Daily  

Dongguan in South China's Guangdong province is a busy port on the Pearl River. Through active participation in international organizations, development of extensive trade networks and investments in global infrastructure projects, China exerts a profound impact on the world economic system. Chinese and foreign enterprises reached business cooperation agreements worth $97.2 billion, emphasizing China's role as a global economic partner …

China's economy still much better than West
11 months, 3 weeks ago

China's economy still much better than West

China Daily  

A view of the Lujiazui area of Pudong, East China's Shanghai. And before the global economy had recovered, it faced the COVID-19-induced recession, the trade wars initiated by the US government, the near collapse of supply chains, the Russia-Ukraine conflict, and the ensuing economic sanctions, all of which have slowed the rates of growth of almost all economies. This is …

Country's strategic priorities reflect Chinese wisdom
1 year 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 …

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