Consumption to play bigger part in growth

China's latest efforts to boost consumption and expand domestic demand will shore up consumer confidence and stimulate economic growth as the nation prioritizes the building of a robust domestic market to navigate rising external uncertainties, experts and company executives said.

Headlines

• Hainan's special customs operations start strong
• China's largest offshore oilfield reports record output
• China's bio-manufacturing makes steady progress
• TikTok signs joint venture deal to end U.S. ban threat
• Nation to hit oil demand peak by 2030
• World's longest expressway tunnel to open in Xinjiang
• Bank of Japan hikes interest rates to 30-year-high