“Geopolitical conflicts became more acute, protectionism and unilateralism were on the rise, and the external environment exerted a more adverse impact on China’s development,” he said. Domestically, …
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Scientists finally explain why the Sun’s corona burns millions of degrees hotter than its surface
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China retains 5 per cent growth target for 2024 as economy struggles to shake off slowdown
How some companies hope to bring China’s livestream shopping trend to the U.S.
NPR’s Ailsa Chang talks to reporter Caiwei Chen about the booming livestream shopping trend in China, and how Chinese companies and TikTok are training American influencers to sell on livestreams too.
China to Refine Real Estate Policies to Support Ailing Sector
China will refine real estate policies to provide stronger support for the ailing sector, as the property crisis drags into a fourth year.
China to step up quantum computing, AI efforts as it aims for tech self-sufficiency
BEIJING, March 5 (Reuters) – China will formulate development plans for emerging industries including quantum computing and will continue striving towards achieving self-sufficiency in technology, …
China Vows to Mobilize Nation as It Fights US for Tech Supremacy
China pledged to harness the entire nation’s resources to speed homegrown scientific breakthroughs, reaffirming a central priority to become self-reliant in spheres from AI to chipmaking to wrest …
China Says It Will Defuse Financial Risks at Its Top Legislative Meeting
China pledged to deepen measures to address financial risks and “hidden dangers” at its annual legislative meeting, as policymakers seek to grow the economy with “greater security.” Top officials aim …
China Sets Ambitious 5% Growth Target for 2024
BEIJING—China announced an economic growth target of around 5% for the year, unchanged from the previous year, a goal that economists say will require more policy support as challenges mount.This year …
China to defuse risks in real estate, local govt debt, small and medium-sized financial institutions
[Photo/Xinhua] BEIJING — China will address both the symptoms and root causes to defuse risks in real estate, local government debt, and small and medium-sized financial institutions to safeguard …
China sets ambitious economic target for 2024
China has set an ambitious growth target of around 5% for this year, as it announced a series of measures aimed at boosting its flagging economy. Premier Li Qiang made the announcement at the opening…
China says military spending growth in 2024 to stay the same as last year at 7.2%
China is set to increase its defense spending by 7.2% to 1.67 trillion yuan in 2024, according to a Ministry of Finance budget report. China’s 2024 military budget expansion follows a 7.2% increase …
China defence spending to climb 7.2% as Xi Jinping pursues buildup
Military expenditure by the central government is expected to rise to 1.67 trillion yuan ($231 billion) this year, according to a Finance Ministry report released on Tuesday …
China sets ambitious 5 percent growth target for 2024
Chief China Economist at UBS, told AFP. “The property market has continued to fall and not yet reached the bottom, which exerts downward pressure on the economy,” she added, saying that would have a …
China defense budget grows 7.2% despite other ‘belt-tightening’
BEIJING — China’s annual defense spending is set to grow by 7.2% this year, well above the country’s economic growth target of “around 5%.” The Ministry of Finance submitted its annual budget plan to …