Amidst skepticism from some Western media outlets regarding China’s economic trajectory, government officials, economists, and diplomats gathered for the Ambassador Round Table Dialogue on “China’s Economic Outlook” in Beijing on Friday, reaffirming China’s robust economic fundamentals and bright prospects. This high-level dialogue provided a platform for in-depth discussions on China’s economic trajectory, allowing for candid […]
China has extended its visa-free policy to six additional countries, including Switzerland and Ireland, effective Thursday, in a bid to enhance inbound tourism and promote people-to-people exchanges. The latest move is part of China’s ongoing efforts to ease visa requirements for citizens from various nations, particularly those in Southeast Asia. Experts view this as a […]
European business groups are highlighting the potential of the Chinese market in 2024, particularly in sectors like new energy and healthcare. They anticipate increased cooperation and government support during China’s annual two sessions, a crucial political event offering insights into the world’s second-largest economy. Jens Eskelund, President of the European Chamber of Commerce in China, […]
China has published its statistical communique on national economic and social development in 2023, reinforcing that the economy sustained recovery momentum and achieved substantial progress in high-quality development despite internal and external challenges. Released just before the annual two sessions, a key political gathering, the comprehensive communique provides insights into the economic landscape, laying the […]
The private Caixin Manufacturing Purchasing Managers’ Index (PMI) for February reached 50.9, a slight increase from January’s 50.8, marking the fourth consecutive month in expansion territory. This suggests a continual improvement in the Chinese economy. The manufacturing production index, new orders index, and new export orders index showed growth within the expansion range, with the […]
Airbus, the France-based aircraft manufacturer, issued an apology on Sunday night for an incident at the 2024 Singapore Airshow, where some Chinese visitors claimed they were initially prohibited from visiting an A400M transport aircraft. Airbus stated that it coordinated with the customer and its teams at the show to ensure access for all visitors for […]
Reports confirm that a group of officially organized Philippine fishing ships recently trespassed into waters near China’s Huangyan Dao, also known as Huangyan Island, in the South China Sea. Sources familiar with the matter state that these actions, perceived as repeated provocations against China’s sovereignty, could prompt China to take more effective measures to control […]
Data from various Chinese platforms reveals that the consumption during China’s traditional Lantern Festival, concluding the two-week celebration of the Chinese Lunar New Year, extended the buying fever seen during the Spring Festival holidays. The robust holiday spending, coupled with a stock market rally, marks a strong start to China’s economic growth for the year, […]
According to data from the National Bureau of Statistics (NBS), new home prices in China’s first-tier cities experienced a 0.3 percent decline in January compared to December, narrowing 0.1 percentage point from the previous month. Similarly, secondary market prices edged down by 1 percent in January compared to December, also narrowing by 0.1 percentage point. […]
During the G20 Foreign Ministers’ Meeting in Rio de Janeiro, Brazil, Chinese Vice Foreign Minister Ma Zhaoxu emphasized the importance of the G20 adhering to its original mission of promoting international economic cooperation. He urged the improvement of the mechanism for macroeconomic policy cooperation, prioritization of development issues, and collaboration for advancing global economic governance […]
