Beijing aims to harness state, private sectors to build ‘world-class firms’
China’s state-asset watchdog has urged the country’s state-owned enterprises (SOEs) to act as an anchor for strategic industries,…
‘Not in this economy’: Guangdong’s huge subsidy scheme falls flat with consumers
In early November, China’s most populous province launched its biggest ever consumer subsidy programme, with the government pledging…
China doubles down on AI – but calls for rational, not ‘blind’, growth
China’s central government has cautioned against a nationwide rush into artificial intelligence (AI) investment, urging careful planning while…
China’s Jiangsu province narrows GDP gap with Guangdong as tech sectors fuel growth
The race for China’s provincial economy crown has turned red hot, with Jiangsu closing the gap with Guangdong…