BEIJING -- In 1978, one of China's most significant basic policies, reform and opening up, was adopted under the leadership of late Chinese leader Deng Xiaoping. Since then, generations of Chinese leaders have been firmly committed to the policy, turning China into a vibrant socialist market e...
Consumption was a significant growth driver in China last year. Final consumption contributed 82.5 percent to the country's GDP growth in 2023, up 43.1 percentage points from 2022. Digital consumption, health-related consumption, nightlife and new energy vehicles are mentioned frequently in local gov...
Ten years have passed since the Party’s 18th National Congress. The past decade marked three major events of great immediate importance and profound historical significance for the cause of the Party and the people: We emb...
Consumption was a significant growth driver in China last year. Final consumption contributed 82.5 percent to the country's GDP growth in 2023, up 43.1 percentage points from 2022. Digital consumption, health-related consumption, nightlife and new energy vehicles are mentioned frequently in local gov...
"The rally over the last two years was first due to a recovery from 2022's vicious downturn, which fully discounted a recession that never arrived, followed by 2024's move as the Fed started cutting interest rates. Even though the return data over the last several years suggests many simila...
China's low-carbon strategy was laudable, said Phay Siphan, Cambodian government's chief spokesman. "It truly demonstrates China's commitment to promoting global carbon emissions reduction and green development." OPPORTUNITIES FOR EVERYONE Green is the new gold. As China is transitioning towards a ...
S: In 2021, a wide range of industries was hit by unexpected regulations, from the education sector to internet platforms to the gaming industry. Going into 2022, it is likely we will see more regulations be released to further strengthen China’s growing regulatory regime for digital industries...
-COVID-19 reopening is driving a consumer rebound, supporting regional and global growth. We expect China’s economy to grow 5.8 per cent in 2023, up from 3.0 per cent in 2022. Household consumption is likely to contribute 4-4.5ppt to this year’s GDP growth, up from 1ppt in 2022....
It’s in both China’s and India’s interests to expand economic ties and improve neighborly relations. In 2022, China and India ranked first and third, respectively, in terms of GDP size on a purchasing power parity basis, according to the World Bank. Total trade between the two countries...
China's low-carbon strategy was laudable, said Phay Siphan, Cambodian government's chief spokesman. "It truly demonstrates China's commitment to promoting global carbon emissions reduction and green development." OPPORTUNITIES FOR EVERYONE Green is the new gold. As China is transitioning towards a ...