Shift toward new engines of growth underway2024-09-24
A sustained focus on supporting innovation in strategic emerging sectors, future industries and traditional industries will be high on the agenda as China advances its economic structural reforms, which are aimed at fostering new quality productive forces and driving a shift from old growth drivers to new ones, economists and entrepreneurs said.
Upgrading, trade-in policy bearing fruit2024-09-24
China has issued 300 billion yuan ($42.5 billion) in treasury bonds to support equipment upgrades and trade-in deals for consumer goods, significantly boosting the growth of consumption and economic momentum, said the country's top economic regulator.
Prices to sustain recovery in Q42024-09-10
China's overall price levels are expected to sustain a mild recovery in the fourth quarter of the year, as the country continues to carry out proactive fiscal policies and smoothen domestic economic circulation, experts said on Monday.
Robust policy steps urged to boost economy2024-09-02
China should further bolster its economy by stepping up fiscal and monetary policy support, including raising the budget deficit and effecting more cuts in the reserve requirement ratio and interest rates, said economists and analysts.
Rising industrial profits propel recovery2024-08-28
China's industrial profits rose in July at their fastest pace in five months, propelled by stable industrial production and robust new growth drivers, official data showed on Tuesday, amid signs of steady economic recovery coupled with a gradual improvement in domestic demand.
Experts see economy stabilizing2024-08-20
China's economy is likely to gradually stabilize in the third and fourth quarters, as policymakers are poised to step up stimulus measures aimed at stabilizing growth and deepening economic structural reforms, prominent economists said on Monday.