Pension increases seen boosting consumption
China will raise basic old-age benefits for hundreds of millions of rural and nonworking urban residents next year, marking the eighth such increase since the system’s establishment, as part of…
China core AI industry scale exceeds 1 trillion yuan in 2025
BEIJING — China has achieved breakthroughs in industrial technological innovation in 2025, with the core artificial intelligence (AI) industry exceeding 1 trillion yuan ($142 billion) in scale, according to a…
China’s installed power capacity sees steady expansion
A view of the 10-million-kilowatt renewable energy base in Hainan Tibetan autonomous prefecture, Qinghai province. BEIJING — China’s total installed power-generating capacity reached 3.79 billion kilowatts (kW) by the end…
Former WTO chief economist says innovation is strengthening China’s economic resilience
China’s shift toward innovation-led growth is playing a key role in strengthening the resilience of the world’s second-largest economy, said Robert Koopman, former chief economist of the World Trade Organization.…
China revises 2024 GDP data
BEIJING — China’s 2024 gross domestic product (GDP) was revised to 134.8066 trillion yuan ($19.16 trillion), down 101.8 billion yuan from the preliminary figure, the National Bureau of Statistics said…
China expands cross-border integrated fund pool nationwide to boost financial opening-up
Headquarters of the People’s Bank of China, the central bank, is pictured in Beijing. China has expanded its pilot program for multinational companies to operate integrated domestic and foreign currency…
China’s top industry regulator unveils extensive plan to foster emerging, future industries
An electric vertical takeoff and landing (eVTOL) aircraft, developed by Chinese drone maker EHang, carries out a demo flight at the urban air traffic operation demonstration center in Bao’an district…
Venture capital guidance funds projected to empower tech innovation firms get green light
The venture capital guidance funds from the Beijing-Tianjin-Hebei region, the Yangtze River Delta region, and the Guangdong-Hong Kong-Macao Greater Bay Area have completed business registration and meet the conditions for…
China travel apps are taking off
An inbound tour operator takes a photo with tourism personnel wearing traditional Chinese costumes at the China International Travel Mart in Haikou, Hainan province. Frederik Reinder Hak captures the attention…
Chinese exporters learn to adapt, thrive
Looking back at the trajectory of China’s foreign trade in 2025 is like tracing a line marked by pressures, adaptation and resilience. For a journalist who has observed all the…