Foreign investors' renewed interest in the Chinese market is likely to surge this year, driven by intensified policy efforts to revive domestic consumption and an innovation boom rippling through the economy, executives and analysts said.
Erik Solheim, former executive director of the United Nations Environment Programme, has been closely following the two sessions in Beijing remotely from his home in Norway.
Dalian, Liaoning province, is evolving into a modern marine city and an international comprehensive transportation hub, according to an approved plan released by the State Council in November, Mayor Chen Shaowang said.
China will take effective steps to address green trade barriers as it moves toward carbon neutrality, according to the Government Work Report delivered at the opening of the third session of the 14th National People's Congress on Wednesday.
China's robust economic recovery is stimulating domestic employment growth, and intensive resources and investment will be channeled into areas such as vocational skills training and social insurance to promote sufficient and high-quality employment with sound protection of working rights.
The recent hostile narratives on China's so-called "overcapacity" have targeted the country's clean energy products, such as solar panels, wind turbines, electric vehicles and lithium batteries.
China's consumer price index dipped 0.7% year-on-year in February, while the producer price index fell 2.2%, according to data released by the National Bureau of Statistics (NBS) on Sunday.
Further efforts are expected to spearhead east-west regional technological collaboration to propel innovation in Northwest China's Ningxia Hui autonomous region, to forge new avenues for the region's high-quality development.
China will impose additional tariffs ranging from 25 percent to 100 percent on certain imports from Canada starting on March 20, the Customs Tariff Commission of the State Council announced on Saturday.
The recent rally in Chinese equities still has legs as the ongoing two sessions have reinforced upbeat investor sentiment about the adoption of artificial intelligence leading to more capital inflow and further stock revaluations.
Zhejiang province in East China will bolster the development of new quality productive forces and accelerate the construction of a modern industrial system with local characteristics, aiming to nurture new growth drivers through scientific and technological innovation.
Zhang, China's former permanent representative at the United Nations, said such approaches "not only fail to solve their own problems, but also aggravate the international community's worries and anxieties about the future".
China's pursuit of high-quality growth and continued commitment to wider opening-up will benefit the Southeast Asian region, analysts say.
China’s GDP growth target of around 5% for 2025, announced in the 2025 government work report on Wednesday, will inject confidence into the global economy, said Maltese Ambassador to China John Busuttil.
Deputies from Shaanxi province to the National People's Congress on Thursday have suggested enhancing the role of enterprises as key innovation drivers and strengthening collaboration with local universities to upgrade the province's science and technology industries.
Several national legislators from Shanghai suggested the city to speed up integration of culture, tourism, business, and sports to further boost consumption and address the rapidly evolving consumption structure.
Foreign Minister Wang Yi said on Friday that the Chinese economy has showed a distinct feature — and that is winning against all the odds.
China is open to dialogue with the United States on an equal footing to address mutual concerns but will firmly defend its interests if Washington continues its tariff hikes and protectionist policies.
The pressure on local government debt resolution has significantly eased, and risks have been effectively mitigated, Chinese Finance Minister Lan Fo'an told a press conference on Thursday amid the ongoing two sessions.
China will soon establish a national venture capital guidance fund in a bid to help innovative enterprises grow stronger, more competitive, and larger.
Japanese academics emphasized that revitalizing consumer spending is a crucial strategy, noting that China's focus on social welfare and boosting consumption as outlined in the 2025 Government Work Report reflects the country's current economic landscape.
China's central bank will cut the reserve requirement ratio and interest rates at an appropriate time this year based on domestic and global economic and financial conditions while creating new tools to support technological innovation.
China will launch a science and technology board in the bond market this year as the country sharpens its commitment to providing financial support for technological innovation.
The Xinjiang Uygur autonomous region has made "unprecedented" efforts in expanding multilevel practical cooperation with Central Asian countries in recent years.
Xiong'an New Area in Hebei province is growing vigorously and changing with each passing day, showcasing the bright prospects of Chinese modernization and high-quality development, said a top official of the national-level economic zone.
China is putting a priority on fostering new quality productive forces and boosting technological innovation in its economic agenda for the year.
China's 5 percent growth target for this year "signals strong confidence" in its economic prospects as the country prioritizes sustainable development despite external challenges, said global experts.
China’s 2025 government work report has for the first time emphasized the need to stabilize the real estate markets within its overall policy framework, according to the State Council Information Office on Wednesday.
The Chinese central government has ample reserve tools and sufficient policy space to address potential internal and external uncertainties, Finance Minister Lan Fo'an told a press conference Thursday.
China needs to prioritize the construction of high-quality housing by integrating advanced, eco-friendly, and intelligent materials, said Peng Shou, a deputy to the 14th National People's Congress (NPC) and an academician of the Chinese Academy of Engineering, on Wednesday.