China laid out its major policy priorities for 2025 at an annual parliamentary meeting on Wednesday, including how it plans to spur consumption and achieve technological breakthroughs. Here are some o …
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China announces plans for steel output cuts to help restructure industry
China will restructure its giant steel industry through output cuts, although it did not announce any target in its most recent intervention to address overcapacity in the sector, which is sparking …
China targets ‘around 5%’ growth in 2025 and lays out stimulus measures as trade worries mount
China on Wednesday set its GDP growth target for 2025 at “around 5%” as it starts its annual parliamentary meeting amid escalating trade tensions with the U.S.
Beijing Ramps Up Efforts For Tech Independence
In a speech to the country’s lawmakers, Chinese Premier Li Qiang said AI would be key to boosting China’s digital economy.
Two China watchers make sense of Beijing’s policies from the annual congress meeting
David Kuo, co-founder of The Smart Investor, and Louise Loo, lead economist, China, of Oxford Economics discuss the market and economic implications from the policy signals made in Chinese Premier Li …
China to raise defense spending by 7.2% in 2025 to ‘firmly safeguard’ national security
China on Wednesday announced it would raise its defense spending by 7.2% this year, seeking to safeguard its security amid mounting geopolitical tensions.
China will increase its defense budget 7.2% this year
China said Wednesday it will increase its defense budget 7.2% this year. The budget was announced at the National People’s Congress, the annual meeting of China’s legislature. The Pentagon and many …
How are Canada, Mexico and China responding to Trump’s tariffs? AP explains
U.S. President Donald Trump’s long-threatened tariffs are here, plunging the country into an escalating trade war with China, Canada and Mexico.
China to Adopt Policies for Aging Population, Try to Boost Birth Rates
HONG KONG (Reuters) -China will “actively” respond to population aging with policies for its rapidly growing elderly and its young people, including providing childcare subsidies and making preschool …
Xi’s Message: The Economy Is Strong and China Won’t Back Down
As Chinese leaders meet in Beijing, they are striking a confident posture in the face of pressure and uncertainty from the United States.
China announces plans for major renewable projects to tackle climate change
China said on Wednesday it would develop a package of major projects to tackle climate change as it moved towards peak carbon emissions and carbon neutrality.
China sets 2025 growth target at roughly 5%, defying tariff pressure
China kept its economic growth target for this year unchanged at roughly 5%, committing more fiscal resources than last year to fend off deflationary pressures and mitigate the impact of rising U.S.
China’s Parliament Meets to Shield Economy From US Tariff Salvos
BEIJING (Reuters) – China’s parliament begins its annual session on Wednesday with officials under pressure to tilt their fiscal resources towards consumers to make the economy more resilient in the face of rising U.S. trade…
