The increased cooperation with Central Asian nations, especially following the China-Central Asia Summit in May 2023, has unlocked significant growth opportunities for the region. Moreover, with backing from the central government, Xinjiang is strategically capitalizing on its strengths to driv...
Chinese economy faced a rising unemployment pressure in 2022, especially for the young age group, as the result of sluggish economic growth. On the one hand, the number of university graduate students was 10.7 million in 2022, reaching the historically high level. On the other hand, as a res...
After over four decades of rapid growth since reform and opening up in 1978, China has become the second largest economy in the world. Judging by the laws of economic development, a rapid economic growth rate above 9%...
Analysts noted that China's economy has enormous potential in areas such as industrial upgrading, new infrastructure, scientific and technological innovation, urbanization, and higher-standard opening-up, making it a strong magnet for global investors. Though China's optimized epidemic response may disru...
Editor's note: The Chinese economy has maintained growth and resilience in 2023, as the country expands high-level opening-up and emphasizes high-quality development. How do multinational executives evaluate the performance of their companies, their industries, as well as China's business environment...
* China's economy grew faster in the first quarter of 2023, with a strong service sector and robust consumption driving the rebound and market expectations improving significantly despite multiple challenges. * China's gross domestic product (GDP) grew 4.5 percent year on year to 28.5 trillion yu...
China's economic achievements in 2023 have been remarkable, serving as a clear indication of its strategic foresight and its ability to be a positive force in the world economy. The diverse benefits that other countries have derived from China's robust manufacturing sector, expanding exports, infra...
Whatcan we expect in 2023? Theyear ahead for the Chinese economy is a year of hope. There are two parts thatthe market will pay special attention to: First, how will China weather throughthe Covid reopening process? And the second question is: Has the propertysector bottomed out?
The Chinese economy is rapidly rebounding from the impact of the epidemic, and has gotten off to a good start in 2023. During the weeklong Spring Festival holiday, sales revenue of China's consumption-related sectors rose 12.2 percent from the same holiday period in 2022. At the same time,...
BEIJING, March 16 (Xinhua) -- China's economy is seeing a palpable recovery in the early stages of 2023 with multiple highlights, a signal that economists believe bodes a promising prospect for the full-year growth target. China's value-added industrial output, an important economic indicator ...