What drives the growth of China's soft power2024-03-15
A recent report by British consultancy Brand Finance highlighted China's ascent to the third position in the Global Soft Power Index for 2024. This leap underscores China's growing charm and burgeoning influence on the global stage.
Nation favored magnet for foreign investors2024-03-14
China will remain a favored destination for global investors, as the country has entered a new era of green and innovation-led growth, senior executives at multinational industrial conglomerates said, refuting claims of an outflow in foreign capital.
Economist: GDP goal within grasp2024-03-14
China can realize its 2024 GDP growth target of around 5 percent, given its favorable conditions, greater efforts to boost industrial upgrade, technological innovation and sufficient policy tools, said a renowned economist.
Economic recovery gains momentum2024-03-11
The recovery momentum of China's economy is poised to be consolidated and strengthened, while the country's GDP growth target of around 5 percent for this year is reasonable and achievable via enhanced efforts, a senior political adviser said.
Potential and sound growth of real estate sector stressed2024-03-11
Chinese housing companies that are insolvent or can no longer operate must file for bankruptcy or restructuring in line with the country's laws and market rules, and those that continue to act against the interests of the people will be punished, a senior official said on Saturday.
China intensifies efforts to mitigate local debt risks2024-03-11
As China takes a proactive fiscal policy approach, the issuance of local government special bonds has been significantly ramped up, marking a pivotal effort in the country's endeavor to balance economic growth and financial risk management.
China takes big swings in 6G wireless technology R&D2024-03-08
China will step up the research and development of 6G wireless technology and launch an "artificial intelligence plus" initiative to leverage AI to promote new industrialization, the country's top industry regulator said on Friday.
Foreign capital in financial sector in focus2024-03-08
Chinese policymakers and political advisers during the ongoing two sessions have stressed the need to attract more foreign investment in the country's financial sector, leading to discussions on further liberalization moves and reinforcing global financial institutions' confidence in the Chinese market.
New forces, bigger sales grids to stabilize trade2024-03-08
New quality productive forces and Chinese manufacturers' ongoing efforts to broaden their sales networks globally will help China to stabilize its foreign trade this year amid a challenging global business environment, said government officials and scholars on Thursday.
GDP growth of 5% achievable2024-03-07
China's economic growth target this year of around 5 percent is achievable via enhanced efforts, and it was set after comprehensive consideration of how to balance current and long-term needs, said the country's top economic regulator at a news conference on Wednesday.
Regulators assure cheaper finance2024-03-07
China's policymakers will further reduce financing costs, ensure ample liquidity and enhance protection of capital market investors' legitimate rights this year to create an accommodative financial environment for the country's economic recovery, officials and experts said on Wednesday.