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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Factbox-What China’s priorities mean for industries, companies
China prioritises consumer spending ahead of technology as economic worries weigh
Spurring reluctant Chinese consumers to spend has been elevated to the top of Beijing’s to-do list for 2025, leap-frogging technology and industrial production, as lawmakers look to rectify imbalances …
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.
China ramps up stimulus to guard economy from changes ‘unseen in a century’
By Antoni Slodkowski, Laurie Chen, Jing Xu and Eduardo Baptista BEIJING (Reuters) – China unlocked more fiscal stimulus on Wednesday, signalling greater efforts to boost consumption as a means to ring-fence the economy’s path towards…
China announces 2025 growth target, acknowledges international and domestic challenges
China has set an ambitious target of “around 5%” growth for 2025. In a speech at the at the opening session of the National People’s Congress (NPC), the country’s rubber-stamp legislature, Chinese Premier Li Qiang…
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 to give cities more room to purchase unsold homes
It also pledged to “effectively prevent debt defaults by real estate companies”. Read more at straitstimes.com.
China Sets 2025 GDP Growth Target At ‘Around 5%’ Amid Major Challenges
China set its economic growth target at “around 5%” for 2025, the same as last year and in line with market expectations.
China sets GDP growth target of ‘around 5%’ for third year running, despite worsening trade war
China has maintained the same GDP target since 2023, signalling confidence in economic growth amid trade tensions and global uncertainties, analysts say …
U.S. Soybean Export Council says reciprocal tariffs will be an opportunity to diversify export markets beyond China
U.S. Soybean Export Council’s Jim Sutter expects a framework like the Phase 1 agreement from Trump’s first term, which he says was largely successful in securing lower tariffs from China – America’s largest soybean buyer.
