A prominent Chinese economist and a national political advisor has debunked various negative claims about the Chinese economy.
China's economic goals this year reflect a focus on high-quality growth combined with sensible support for local governments, as the country navigates global political and trade obstacles, U.S. experts said.
New quality productive forces and Chinese manufacturers' ongoing efforts to broaden their sales networks globally will help China to stabilize its foreign trade this year amid a challenging global business environment
Henan province ensured a stable grain yield despite encountering severe rain last year, and made great contributions to national food security, provincial Party secretary Lou Yangsheng said during the ongoing two sessions in Beijing.
China's foreign trade expanded 8.7 percent year-on-year to 6.61 trillion yuan ($847.4 billion) in the first two months of 2024, official data showed on Thursday.
Local government debt risk in China is controllable, and the country will accelerate the construction of a government debt management mechanism in line with high-quality development so that the debt risk will be solved as the country marches toward high-quality development.
OpenAI's latest artificial intelligence model, Sora, took center stage on Chinese social media platforms during Spring Festival with its stunning text-to-video effects. The model sparked heated discussion about AI and the surging demand for computing power.
China's economic growth target this year of around 5 percent is achievable via enhanced efforts, and it was set after comprehensive consideration of how to balance current and long-term needs.
China's monetary policymakers have a rich toolbox and ample options, and there is still further room to slash the reserve requirement ratio (RRR), Pan Gongsheng, governor of the People's Bank of China (PBOC), the central bank.
China's policymakers will further reduce financing costs, ensure ample liquidity and enhance protection of capital market investors' legitimate rights this year to create an accommodative financial environment for the country's economic recovery.
China is confident that it can sustain the sound fundamentals of foreign trade, with exports climbing the value chain and the import market presenting greater opportunities amid the complex global economic environment and uncertainties.
Liaoning province aims to develop itself into a hub of Northeast Asian cooperation, deeply integrating with the Belt and Road Initiative and playing a greater role in connecting domestic and international markets.
Over 10 years ago, daring to hang your clothes out to dry was often a fool's errand in the dusty Luquan district in Shijiazhuang, Hebei province, as they'd likely come indoors dirtier than they were before.
China's emphasis on developing new quality productive forces and advanced manufacturing by giving full play to the leading role of innovation, will enhance the resilience and competitiveness of its industrial and supply chains, and inject new impetus into the country's long-term economic growth.
China has room to pursue a more proactive fiscal policy and an expansionary monetary policy, thereby boosting economic recovery and helping achieve the targeted economic growth of around 5 percent this year, experts said on Tuesday.
China's food yield data is genuine and reliable, Agriculture and Rural Affairs Minister Tang Renjian reassured the public on Tuesday, after authorities reported grain output reached a historical high last year despite a string of extreme weather events.
China's economy is improving steadily, with notable growth in some key sectors during the first two months of this year, Zhang Yuzhuo, chairman of the State-owned Assets Supervision and Administration Commission of the State Council.
China will take a series of actions to promote green transition while continuing efforts to improve the environment, according to the Government Work Report delivered at the opening meeting of the second session of the 14th National People's Congress on Tuesday.
Buoyed by the success of its job promotion last year, China will continue to channel its efforts and resources to stabilize the job market this year, and prioritize the employment of young people.
China's economy is improving steadily with notable growth in some key sectors during the first two months of 2024, making a good start for this year, said Zhang Yuzhuo, chairman of the State-owned Assets Supervision and Administration Commission of the State Council.
China has set an annual economic growth target of around 5 percent for 2024, unchanged from the previous year and a goal that analysts and executives said is feasible.
Morgan Stanley Securities (China) has been approved to commence securities investment in consulting business and change the proprietary operation of bonds, including government bonds and corporate bonds, into proprietary securities trading.
The 5 percent growth target outlined in the annual Government Work Report is in line with China's aim to create 12 million urban jobs this year and turn itself into a mid-level developed economy by 2035, said head of the report's drafting task force on Tuesday.
China saw investment in water resources management reach a historical high in 2023, as it strove to address water resources-related problems of public concern, said Li Guoying, minister of water resources.
China will ramp up efforts to attract foreign investment, including further shortening the “negative list” for foreign investment, and all market access restrictions on foreign investment in manufacturing will be abolished.
Chinese Premier Li Qiang pledged on Tuesday to support Hong Kong and Macao in growing their economies, improving the lives of their people and participating in the development of the Guangdong-Hong Kong-Macao Greater Bay Are by leveraging their distinctive strengths and features.
China’s central government aims to create over 12 million new urban jobs in 2024, with surveyed urban unemployment rate of around 5.5 percent, according to the Government Work Report delivered by Chinese Premier Li Qiang in Beijing on Tuesday.
China aims to see economic expansion at around 5 percent for 2024, unchanged from last year, as the world's second-largest economy will leverage intensified and targeted macro policies to sustain stable growth.
China aims to see economic expansion at around 5 percent for 2024, unchanged from last year, as the world's second-largest economy will leverage intensified and targeted macro policies to sustain stable growth.
China has set the targeted fiscal deficit-to-GDP ratio at 3 percent this year, according to the Government Work Report delivered by Premier Li Qiang at the opening meeting of the second session of the 14th National People's Congress in Beijing on Tuesday.