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Increasing consumption to drive quality growth - March 19, 2025
The third session of the 14th National People's Congress set China's economic agenda for 2025, with special focus on boosting demand and enhancing investment efficiency. Since one of China's major challenges is insufficient domestic demand, boosting demand is a core objective of the government this year.
China set to stimulate growth amid global uncertainty - March 18, 2025
China's economy has garnered global attention during this year's two sessions. Experts provide insights on the country's economic trends amid global uncertainties, and delve into China's evolving role as a primary driver of global growth.
Enhancing cross-border and offshore financial services to propel Shanghai as a world-class financial hub - March 18, 2025
Amid profound shifts in the global economic landscape, the development of an international financial center is a key marker of national competitiveness and a strategic pivot for supporting the new development paradigm.
Economic resilience limits impact of tariffs - March 17, 2025
China's economy remains resilient with reforms continuing to yield results in the last year of the 14th Five-Year Plan (2021-25) despite the internal and external pressures, while confidently moving toward realizing high-quality development.
Toxic tariff policy heralds US recession and greater uncertainty for world trade: China Daily editorial - March 16, 2025
It is Washington's firm belief that the United States only stands to win in the tariff war it is waging against the rest of the world. That has made it addicted to weaponizing tariffs in a bid to "make America great again".
Driving significant new breakthroughs in Shanghai’s high-level institutional opening-up - March 16, 2025
In recent years, the global economic landscape has been undergoing rapid restructuring, with a new wave of scientific and technological revolutions and industrial transformations accelerating.
Port fees, another foot-shooting proposal - March 13, 2025
If the US pushes ahead with its planned port fees, the damage will be multiple times that caused by the disruptions to commercial shipping in the Red Sea due to attacks on merchant ships by Yemen's Houthi militants last year. The US can also expect China taking countermeasures to safeguard its own shipbuilding industry's legitimate rights and interests.
Robust legislative process underpins development achievements and progress - March 12, 2025
It is no coincidence that those disparaging the National People's Congress and almost all Chinese State organs as rubber-stamp agencies are also those peddling the "China threat" theory that China will leverage its fast-growing national strengths to "threaten" the "civilized world". Or that while trying to get people to swallow their "China collapse" forecast, they shun the question of how a country with such a supposedly rigid and dysfunctional system can continually achieve its obvious and remarkable development achievements.
Accelerating the Development of an All-round Gateway-type Composite International Aviation Hub, While Bolstering Capabilities as a Global Shipping Center - March 11, 2025
Significant progress has been made in infrastructure expansion and the coordinated development of Shanghai’s multi-airport system. The city continues to enhance its hub capabilities through major projects such as the fourth-phase expansion of Pudong Airport.
The Yangtze River Delta Takes a Bold Step Forward in Regional Market Integration - March 11, 2025
Since the integrated development of the Yangtze River Delta was upgraded to a national strategy in 2018, significant progress has been made in linking markets across the region. Key achievements include high-standard connectivity of market infrastructure, enhanced policy transparency, and the integration of factor and resource markets. Today, the focus is shifting from basic “infrastructure connectivity” to the deeper stage of “unified systems and rules” and the “co-construction of an innovation ecosystem,” accelerating the region’s integration even further.
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