China's Ministry of Commerce (MOFCOM) has approved graphite export applications from multiple entities, a ministry spokesperson said on Thursday, reiterating that its export control mechanism is not a ban.
China will implement several measures to foster a robust economic recovery throughout this year, the country's top economic regulator said on Thursday.
Overall, favorable conditions outweigh the unfavorable, supporting the stable and healthy development of the Chinese economy, an official said at a press conference over the country's macroeconomy on Thursday.
New protectionism threatens trade and development, which are driven by open markets and predictable rules, experts said, calling for all-round cooperation to tackle such problems.
Multiple overseas media have noted China outpacing its GDP target for 2023. China's economy grew 5.2 percent in 2023, surpassing the government's official growth target for the year, a Bloomberg story reported on Tuesday.
China's economy showed bumpy recovery with its main goals achieved successfully in 2023, although the country faced multiple challenges, including a sluggish global economic recovery, news outlet Yicai reported on Tuesday.
China, on top of effective implementation of existing policies aimed at stabilizing foreign trade, will explore and introduce new measures should the shifting dynamics call for it, as part of its efforts to turn the country into a trader of quality.
China has cut more than 2.2 trillion yuan ($305 billion) of taxes and fees last year, with a significant rise of tax deduction on the research and development for enterprises, said the State Taxation Administration on Thursday.
A report released by travel platforms indicates that the tourism boom in Harbin is expected to expand and continue through the winter break and the Chinese New Year holiday, boosting the catering, accommodation, transportation sectors and more.
China's property market saw some positive changes last year with declines in property investment and sales volume narrowing, suggesting the industry's long-term development remains on a solid and secure footing.
China's retail sector recovered rapidly in 2023 after the country optimized its COVID-19 response measures, with total retail sales hitting a record high and accommodation and catering businesses witnessing significant growth.
China's industrial economy is expected to maintain a steady recovery momentum this year on the back of factors like rebounding domestic demand, a series of favorable government policies encouraging industrial production and brisk expansion of high-tech equipment manufacturing.
The consumer price index, a main gauge of inflation, is expected to witness a moderate increase this year, as China looks to bolster domestic demand and shift from the post-COVID consumption recovery to one of sustained expansion.
China's economy is likely to pick up pace and grow steadily in 2024 after a bumpy recovery last year, propelled by the gradual increase in domestic demand and with more stimulus policies in the offing, officials and economists said on Wednesday.
Premier Li Qiang has underscored the need for China and Ireland to jointly uphold a free and open international trading system and maintain stable and unimpeded global industrial and supply chains to give positive energy to the world as it faces uncertainties.
A study session on promoting high-quality financial development, attended by provincial and ministerial-level officials, was opened at the Party School of the Communist Party of China (CPC) Central Committee(the National Academy of Governance) on the morning of Jan 16.
Premier Li Qiang said on Tuesday that investing in China will bring huge returns and a better future, and China welcomes foreign enterprises to invest and do business in the country.
Investing in China will bring huge returns and a better future, Chinese Premier Li Qiang said at the World Economic Forum (WEF) Annual Meeting 2024 on Tuesday.
China's gross domestic product expanded by 5.2 percent in 2023 - meeting the country's preset annual growth target of around 5 percent, fueled by a slew of policy measures taking effect gradually last year.
Young people in China are playing greater roles as decisionmakers as Spring Festival draws nigh, willing to spend more and seeking memorable experiences, according to a lifestyle market survey.
China firmly opposes U.S.' so-called bill supporting the Taiwan island as an IMF member and has lodged a solemn representation with the U.S., a Chinese Foreign Ministry spokesperson said on Tuesday.
China's economy is forecast to grow 5.2 percent in 2023, higher than 5 percent target, Premier Li Qiang told the audience at the Davos meeting.
China is taking steps to turn its growing number of elderly people into a new driver of high-quality economic growth by encouraging integrated development of the "silver economy", a move that will benefit the elderly and boost their sense of happiness.
China-Europe freight train services will continue to play a key role this year, facilitating foreign trade amid China's ongoing industrial upgrade and a growing inclination among companies to seek greater efficiency while circumventing geopolitical uncertainties.
In China, the protection of GI as a type of intellectual property can be traced to 1985, when the nation joined the Paris Convention for the Protection of Industrial Property.
President Xi Jinping set forth key targets on Tuesday for the nation's financial sector to follow a path of development with Chinese characteristics, stressing the need for the sector to better prevent and defuse risks and bolster institutional opening-up.
The gross domestic product of Guangzhou, the capital of Guangdong province, is expected to surpass 3 trillion yuan ($419.44 billion) in 2023, according to a government work report on Monday.
Harbin has become the brightest star of tourism recently in China, attracting attention both at home and abroad. Many overseas media outlets are noting its ice and snow economy driven by tourism, which they believe would become a highlight of China's economic recovery.
China will continue to see investments in railways increase this year amid the nation's pursuit of high-quality development in various sectors, said officials and experts.
Shanghai's easing of some rules on Saturday to enable singles to own homes in two districts more easily will boost rational demand in the city's outskirts, local property experts said on Monday.