China should intervene more decisively to shore up property market: top party journal
China’s top party journal has called for a stronger package of policies implemented in one go – rather…
Small restaurants in China starve as consumers suppress appetite for spending
Small restaurants across mainland China have taken a beating as budget-conscious consumers refrain from dining out because of…
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…
Policy body urges China to confront economic challenges, confident of demand recovery
China’s top economic policy coordinator has urged the country to confront unavoidable challenges, while expressing confidence that investment…
China’s new ‘invest in people’ slogan heralds a rethink in economic strategy
Beijing’s fresh imperative to “invest in people” – first raised in a proposal for the 15th five-year plan…
China to keep high fiscal deficit ratio in 2026 to buoy spending plans: analysts
China is expected to set its fiscal deficit ratio at around 4 per cent of gross domestic product…
China’s central bank vows ‘strong breakwaters’ to shield from external shocks
Central bank governor Pan Gongsheng has stressed the importance of China maintaining a sound monetary system that remains…
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 warns against abandoning traditional sectors in economic transition
Developing China’s “new quality productive forces” – a growth model championed by Beijing that emphasises technological breakthroughs and…
China’s vow to shield manufacturing aims to ward off industrial decline
Beijing has pledged to prevent industrial hollowing-out by safeguarding the share of manufacturing in its economy, noting that…
‘Unforgivable’: Chinese county still living in shadow of wild spending binge
Few areas of China reflect the country’s decades-long economic transformation more vividly than its cities. Rapid development has…
Why China may be banking on ‘institutional strength’ to implement next 5-year plan
China’s “institutional strength” will help the country tackle “major tests” over the course of the next five-year plan,…