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Economic Watch
Chinese economy forges ahead with new, higher-quality progress in 20252026-03-03
China's economy remained robust despite headwinds last year, achieving stable year-on-year GDP growth of 5 percent and making new and higher-quality progress across economic and social sectors. This further solidifies its role as a key contributor and stabilizer for the global economy.
Explainer: What is driving China's rapid rise in robots?2026-03-03
When dozens of humanoid robots leapt, flipped and sprinted across the stage of China's 2026 Spring Festival Gala, the reaction was instant. Clips of the synchronized martial-arts performance went viral, dazzling audiences with feats that looked closer to science fiction than factory automation.
China steps up tax compliance to foster unified national market2026-03-02
China's State Taxation Administration on Monday unveiled the outcomes of key initiatives carried out in 2025, designed to build a unified national market and support high-quality economic development via fairer tax policies.
Winter tourism gains ground beyond China's snow belt2026-03-02
In warmer parts of China where heavy snowfall is rare, ski resorts are drawing growing crowds, fueled by advances in snowmaking technology, the rapid growth of indoor ski resorts and rising enthusiasm for winter sports among southern Chinese holidaymakers.
Elderly fitness fuels silver economy in China2026-03-01
At 9 a.m. sharp, when much of Shanghai is just settling into its workday rhythm, 84-year-old Cao Jin'gen is already midway through his daily exercise routine.
China releases national standard system for humanoid robotics and embodied AI2026-03-01
China took a significant step toward regulating its rapidly growing humanoid robotics industry on Saturday, with the release of the country's first national standard system covering the entire industrial chain and lifecycle of humanoid robots and embodied artificial intelligence.
Knowledge-driven experiential consumption gains popularity in China2026-02-28
In a pottery studio in the Rongchang district of southwest China's Chongqing Municipality, 9-year-old Yang Hanlin holds his breath, his small hands carefully shaping a mound of clay spinning on a wheel as his instructor offers careful advice.
China scraps risk reserve requirement ratio for forward forex sales2026-02-27
China's central bank announced on Friday that it will scrap the risk reserve requirement ratio for forward forex sales starting March 2.
How a small Chinese city becomes a German manufacturing hub2026-02-27
In the heart of China's Yangtze River Delta, a city of just over 800,000 people has quietly written one of the most interesting chapters in the history of Sino-German economic cooperation.
GDP of Beijing-Tianjin-Hebei region soars to nearly 12 trillion yuan2026-02-25
The gross domestic product (GDP) of China's Beijing-Tianjin-Hebei region surged from 8.96 trillion yuan (1.29 trillion U.S. dollars) in 2020 to nearly 12 trillion yuan in 2025, official data showed.
China's consumer market sees a strong start to the Year of the Horse2026-02-24
China's consumer market saw a strong start during the country's nine-day Spring Festival holiday, which ended on Feb. 23, with spending surging mainly across six key areas -- dining, accommodation, transportation, tourism, shopping and entertainment, signaling a vibrant beginning to the Year of the Horse.
China becomes global box office champion so far in 20262026-02-22
China has overtaken North America as the world's top-grossing film market for the time being, with its 2026 box office revenue (including pre-sales) surpassing 7 billion yuan (about 970 million U.S. dollars) as of Saturday, slightly higher than North America's 938 million U.S. dollars, according to online ticketing platforms.
China's first 7S humanoid robot store showcases industry ambitions2026-02-18
At 10 a.m. sharp, two 1.3-meter-tall humanoid robots in a storefront in Wuhan, capital city of central China's Hubei Province, sprang to life, twisting and turning in perfect sync to a rhythmic beat. The conclusion of their dance coincided with the country's first-ever 7S humanoid robot store officially opening for its daily business.
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