BEIJING, Jan. 17 (Xinhua) -- China's economy reached its 2024 growth target despite a complex domestic and global landscape, providing much-needed certainty and confidence to the global economy. The world's second-largest economy expanded 5 percent year on year in 2024, with its gross domesti...
Notably, the 2024 national negative list for foreign investment, effective Nov. 1, eliminated all market access restrictions for foreign investors in the manufacturing sector, in a groundbreaking move for global manufacturers entering the Chinese economy. PROPERTY MARKET STABILIZATION Clear signs of recove...
the stubborn global inflation is difficult to control; second, the economic downturn pressure on developing countries is greater than expected. The downward pressure on China's economy comes from structural shifts, But there is no need to be overly anxious ...
BEIJING, Jan. 17 (Xinhua) -- China's economy reached its 2024 growth target despite a complex domestic and global landscape, providing much-needed certainty and confidence to the global economy. The world's second-largest economy expanded 5 percent year on year in 2024, with its gross domesti...
This photo taken on Sept. 1, 2024 shows a dual-motor drive system for the new energy vehicle (NEV) in Yibin, southwest China's Sichuan Province. (Xinhua/Tang Wenhao) BEIJING, Dec. 31 (Xinhua) -- China's economy demonstrated remarkable resilience and adaptability in 2024, amid complex dome...
(China Economic Roundtable) Chinese economy to forge ahead with full confidence in H2 (China Economic Roundtable) New drivers expected to propel China's future economic growth Photo shows a scene at the China Economic Roundtable in Beijing, capital of China. China Economic Roundtable is an all...
“December and January could get busy, with more peak season surcharges than the whole of 2024 combined – and that’s going some.” The second factor to influence CNY would be China itself, he said. “The Chinese economy is not in great shape, relative to what it is used to, with ...
2024年1月17日,官员和经济学家表示,在去年的波折复苏后,受国内需求逐步增加和更多刺激政策的推动,中国经济可能会在2024年加速增长并稳步增长。 As the broader economy is still facing pressures from a property downturn, lack of effective demand and risks associated with local government debts, economists sai...
China's economy faces a more challenging 2024, having expanded by 5.2% in real terms in 2023. There remain thorny issues in the economy, including a continued downturn in the property sector, a debt overhang among local governments, elevated youth unemployment and deflationary pressures. Although ...
In late September, a key meeting convened by the Political Bureau of the Communist Party of China Central Committee underscored the urgency of stabilizing the property market and reversing its downturn. The meeting called for adjustments to housing purchase restrictions, reductions in mortgage interest...