China’s Xi urges state giants to be pillars of national development
President Xi Jinping has instructed central state-owned enterprises (SOEs) to serve as the bedrock of national development, urging…
China’s cabinet clears path for VAT law to take effect next month
The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed…
IMF raises China growth forecast to 5% for 2025, citing resilience
China’s economy is projected to grow by 5 per cent in 2025 before slowing to 4.5 per cent…
‘Buy China’ trend, price wars push German industry to localise, seeing rivals as leaders
German companies are accelerating efforts to partner with Chinese rivals, conceding in fresh survey results that the local…
Shanghai bets on manufacturing to buttress finance in two-pronged growth plan
Shanghai, mainland China’s top finance and trade hub, is set to double down on efforts to prevent the…
China’s AI race heats up as Shanghai launches massive subsidy scheme
Shanghai has unveiled an ambitious 1 billion yuan (US$139 million) subsidy programme for the artificial intelligence industry, as…
China’s Australian youth exchange programs are a charm offensive aimed at future alliances
Beijing is launching a charm offensive aimed at the younger generation of Australians — because shaping minds today…