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Economic Watch
Targeted moves afoot for local govt debt relief2025-03-11
China will employ a package of targeted measures to further address local government debt this year, with a particular focus on accelerating the debt swap program, reforming local government financing vehicles and curbing the accumulation of new hidden debt, officials and analysts said.
China's regional powerhouses turbocharge high-quality development2025-03-11
Having long propelled China's economic ascent, major provincial-level regions are now leading the charge in the country's transformative shift toward high-quality development.
China evolving into AI "super market" driven by scale, innovation2025-03-11
The topic of artificial intelligence (AI) has stood out at meetings and press conferences during China's annual "two sessions," painting a broader picture: China is rapidly evolving into an AI "super market," with the application of frontier technology woven into the fabric of a wide range of sectors in its economy.
China's domestic demand to be unlocked amid policy shifts2025-03-10
"Consumption" appeared 32 times in China's 2025 government work report, highlighting Beijing's determination to boost domestic demand as the cornerstone of economic growth this year. This renewed emphasis reflects both concerns over economic headwinds in an uncertain global landscape and confidence in the market's untapped potential.
How China powers up consumer spending to fuel growth2025-03-08
Vowing to make domestic demand "the main engine and anchor of economic growth," China's policymakers have sent fresh and firm signals on empowering the vast number of consumers to spend, countering skepticism about the country's shift toward a consumption-driven economy.
China to boost policy mix to ensure sustained growth in 20252025-03-07
China will intensify its macroeconomic policy this year, with a significant increase in government spending and a greater focus on consumption and innovation to chart a path of steady growth amid a complex global landscape.
Number of private enterprises in China increases to over 56.7 million2025-03-06
The number of private enterprises in China had reached 56.707 million as of the end of January, data from the State Administration for Market Regulation showed on Thursday.
Multiple indicators point to sustained recovery of China's economy2025-03-05
China's economy has started 2025 with renewed vigor, as key indicators spanning manufacturing, consumption and real estate reveal strengthening momentum, thereby signaling continued recovery and stability amid global uncertainties, experts noted.
China's inbound cruise tourism sets sail in 20252025-03-05
Tianjin and Qingdao, two major port cities in China, kicked off the new year with their first inbound international cruise ship of 2025 -- the Malta-registered Europa 2, a clear signal of the steady revival of China's cruise tourism industry.
AI terminal push set to empower China's new tech consumption2025-03-05
Earbuds providing real-time bidirectional translation and simultaneous interpretation, speakers featuring a digital assistant capable of consecutive conversations, and air conditioners with flexible airflow functions.
Chinese carmakers set sights overseas2025-03-03
Chinese automakers are ramping up efforts to ship vehicles overseas, exploring growth while navigating uncertainties and policy changes in the global automotive market.
Proactive moves afoot to revive economy2025-03-03
China's policymakers will enhance countercyclical adjustments and take more steps to boost consumption, as the broader economy still faces pressing challenges from lackluster domestic demand and uncertainties from the external environment, economists said.
German companies stay bullish on China market2025-03-03
German companies stay bullish on China market
Fact Check: What Western media get wrong about China's economy2025-03-03
Some Western media's relentless fixation on peddling narratives of China's economic doom demonstrates their entrenched bias and agenda-driven reporting.
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