Nation’s GDP target heralds steady growth
China’s aim for a GDP growth rate of at least 4.5 to 5 percent in 2026 balances the need to maintain solid expansion with a continued shift toward higher-quality development,…
Government stepping up policy support to drive economic growth
A news conference on China’s economic policies gets underway on Friday in Beijing during the fourth session of the 14th National People’s Congress, China’s top legislature. Wang Xi/Xinhua China is…
GDP growth target for 2026-2030 reflects pursuit of high-quality development: official
BEIJING — The gross domestic product growth target set by the draft outline of China’s 15th Five-Year Plan (2026-30) has fully reflected a distinct orientation toward high-quality development by embedding…
‘AI lobster’ propels launch of localized Chinese products
An artificial intelligence-powered digital personal assistant developed by an Austria-born millennial inventor — and acquired by the United States-based company OpenAI — has taken the world by storm, sending Chinese…
China eyes 4.5-5% growth in 2026 as flexible target anchors expectations
China has set a GDP growth target of 4.5-5 percent for 2026, a range economists say signals a more flexible policy stance that can stabilize market expectations while giving policymakers…
Capital mkt reforms to pick up pace
Wu Qing (center), chairman of the China Securities Regulatory Commission, at a news conference on the sidelines of the fourth session of the 14th National People’s Congress on Friday. Wang…
China eyes more balanced trade for economic resilience
China will “promote balanced trade” this year by expanding imports while stabilizing exports, a strategy that aims to turn its domestic market into development opportunities shared by trading partners worldwide,…
Overseas visitors leave with bounty of bargains, memories
A foreign tourist who has just disembarked from a cruise ship begins her exploration in Shanghai on April 4. China, with targeted measures such as streamlining visa procedures and improving…
China’s top AI models match US peers as chip self-sufficiency doubles, patent share hits 70%
China’s artificial intelligence industry has entered what could prove to be a defining phase in its competition with the United States, with leading domestic large language models now matching top-tier…
Holiday spending signals shifting priorities
Visitors check out smart watches at Huawei’s global flagship store on Nanjing Road, Shanghai, on Feb 27. WANG GANG/FOR CHINA DAILY The Spring Festival holiday has concluded, but one of…