China premier urges Guangdong to ignite economic growth amid intensified competition
During a visit to Guangdong, China’s largest provincial-level contributor to gross domestic product, Premier Li Qiang emphasised the…
China’s Xi urges state giants to be pillars of national development
President Xi Jinping has instructed central state-owned enterprises (SOEs) to serve as the bedrock of national development, urging…
China’s cabinet clears path for VAT law to take effect next month
The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed…
IMF raises China growth forecast to 5% for 2025, citing resilience
China’s economy is projected to grow by 5 per cent in 2025 before slowing to 4.5 per cent…
Shanghai bets on manufacturing to buttress finance in two-pronged growth plan
Shanghai, mainland China’s top finance and trade hub, is set to double down on efforts to prevent the…
Luxury and lifestyle giants signal renewed confidence in China’s consumer recovery
Multinational corporations including French beauty giant L’Oréal and Canadian sportswear brand Lululemon have pledged continued investment in China…
China vows to ‘safeguard support’ for private investment, boost confidence
China’s State Council has vowed to remove hidden barriers holding back private investment and also address the concerns…
China signals bolder policies to boost spending, investment as headwinds rise
Chinese Premier Li Qiang has called for more action to boost consumption and investment, as the world’s second-largest…