NewsChina
China must strengthen its economic resilience to address challenges from the escalating trade war
Since the Trump administration launched its “Liberation Day” tariffs on April 2, investors, traders and consumers, including those in the US, have experienced shock waves from the financial, commodities and gold markets. Major international...
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China needs to take multifaceted approach to promoting the development of lightweight AI while mitigating risks
For years, the development and deployment of advanced AI models were dominated by a few tech giants and well-funded institutions. The exorbitant costs of training and running these models have reate a high barrier to entry, sidelining smaller...
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China highlights private sector’s role in innovation-driven growth
On February 17, China held a high-level symposium on the private economy in Beijing, where Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee and Chinese president, met with prominent private entrepreneurs from key...
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China vows a ‘more proactive’ approach to economic policies in 2025
On December 11 and 12, the Central Economic Work Conference was held in Beijing. Chaired by General Secretary of the CPC Central Committee Xi Jinping, the annual meeting serves to outline the main economic objectives and policy plans for the year...
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China takes a more proactive approach to local government debt
On November 8, 2024, the Standing Committee of the 14th National People’s Congress passed a resolution approving the State Council’s proposal to address hidden local government debt. The off-the-books debts, which are often incurred through special...
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China needs a more targeted strategy to battle unemployment
China’s central government released a guideline aimed at creating jobs on September 26, as the economic slowdown has led to rising unemployment. In August, youth unemployment reached 18.8 percent, the highest since the government excluded graduate...
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ABOUT TIME
How revamped museums are telling ancient stories for modern audiences
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China faces tougher challenges in achieving its economic goals in the second half of 2024
On July 30, the Political Bureau of the Communist Party of China Central Committee held a meeting to analyze the current economic situation and set out priorities for the second half of this year. China set its annual growth target for 2024 at around...
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China needs to upgrade its market economy to tackle rising internal and external challenges
At a political bureau meeting chaired by the General Secretary of the Communist Party of China (CPC) Central Committee Xi Jinping on June 27, the Party leadership pledged to deepen reform to modernize China’s system and governance capacity and build a...
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The China-japan-south Korea trilateral summit shows that cooperation remains in the common interest
On May 27, the ninth trilateral summit between China, Japan and South Korea was convened in Seoul, during which the three parties issued a joint declaration announcing a series of cooperative agreements. It signifies that the trilateral cooperation...
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Lifting restrictions on home-buying is necessary, but insufficient to prop up China’s property market
Ichina’sn the past couple of months, some of major cities announced the lifting of all restrictions on home buying, including Nanjing, capital of East China’s Jiangsu Province and Chengdu, capital of the southwestern province of Sichuan. On May 9,...
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