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…
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…
New phrase, new phase? China’s central bank adjusts language on yuan internationalisation
China’s central bank has adopted a more proactive tone when describing its efforts to promote the global use…
China’s top cities, inland provinces lead GDP growth as domestic demand strengthens
As China stays on track to achieve its annual growth target, top-tier cities Shanghai and Beijing – along…
China’s economy can grow by up to 5% until 2030: ex-finance vice-minister Zhu
China can sustain annual growth of 4.5 to 5 per cent over its next five-year plan period, former…
Why China’s 5-year plan matters – and how it could steer economy in turbulent times
As China drafts its 15th five-year plan – the next entry in a line of expansive blueprints that…
China’s Xi calls for building unified market to ‘secure an edge’ in global race
President Xi Jinping has called for more efforts to develop a unified domestic market, arguing that it will…
In China’s crippling price wars, an old law’s revision seeks ‘sustainable equilibrium’
It has been a tumultuous couple of months for Alex Xu’s company – a solar panel manufacturer based…
China’s economists weigh pros and cons of consumption benchmarks
As Beijing gathers public input on China’s next five-year plan – a mission statement for the next half-decade…
China doubles down on consumer subsidies to spur household spending
The Chinese government has pledged to tackle consumption bottlenecks with a series of support measures, including direct subsidies…