In 2023, China faced its share of economic hurdles, ranging from subdued demand and industrial overcapacity to complex domestic and international economic environments. Yet, China's response, through a series of calibrated countermeasures and policy adjustments, began to yield results. Significantly, Chi...
The China Council for the Promotion of International Trade said last week that 98.2 percent of the 390 foreign companies and business chambers in China that were recently surveyed have expressed confidence in China's economic development in 2023. During the two sessions, China's economic policy pr...
"Policies ... should be carried out in a more coordinated way to create synergy for high-quality development," said the report submitted Sunday to the national legislature for deliberation. It proposed an economic growth target of around 5 percent for 2023 to ensure steady and quality development...
China's economic targets for 2023 China’s National People’s Congress (NPC) kicked off over the weekend, where the new cabinet will be unveiled. As part of China’s new leadership, the new cabinet will be responsible for delivering decent economic growth against the changing geopolitical landsc...
In December, the World Bank raised its forecast for China's economic growth in 2025, citing "higher-than-expected fiscal spending and more decisive policy actions to stabilize the property sector, following recent guidance from policymakers," which could push growth above baseline expectations. ...
BEIJING, March 2 (Xinhua) -- China's economic activity rebounded in 2023 following the post-COVID reopening with real GDP estimated to have grown broadly in line with the authorities' growth target of around 5 percent, the executive board of the International Monetary Fund (IMF) has said. ...
The annual Central Economic Work Conference was held in Beijing from Monday to Tuesday, reviewing China's economic work in 2023, analyzing the country's current economic situation and arranging economic work for next year. Despite external pressure and internal difficulties, China's economy has achie...
In this article, we look at how the country has developed since the lifting of COVID-19 restrictions,from economic recovery to developments in domestic policy and international diplomacy. Economic recovery afterChina’sreopening in 2023 China’s economy has been on a trajectory of steady but u...
We formulated plans for the task of ensuring overall economic stability. We stepped up supervision and support to ensure policy implementation by local governments and assisted them in fully leveraging the potential of policies, and supported major economically developed provinces in shouldering greater re...
"Policies ... should be carried out in a more coordinated way to create synergy for high-quality development," said the report submitted Sunday to the national legislature for deliberation. It proposed an economic growth target of around 5 percent for 2023 to ensure steady and quality development...