China boosts consumption with longer, realigned holidays but growing crowds daunt tourists
Two cities in southeastern China’s Fujian province, Fuzhou and Xiamen, have decided to introduce three-day spring and autumn…
Will China’s residency changes to social insurance unlock economic growth?
The new measures announced on Friday by the State Council are part of China’s broader push to create…
China’s first man in space Yang Liwei officially retires from active duty
China’s first man in space, Yang Liwei, has officially retired from active duty, but he has not stopped…
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…
China issues 11-point policy package to boost consumer spending amid slowing retail sales
China has announced a new policy package to boost household spending by tightening coordination between commerce and financial…
China’s fiscal pivot: tax reform in 5-year plan to protect budgets without crushing firms
As Beijing vows a stronger fiscal role to buttress an economy facing mounting risks, policymakers face a core…
From rail to nuclear power, China taps private capital to fund major projects
China has unveiled new measures designed to channel private capital into traditionally state-funded infrastructure projects, as Beijing steps…
China vows to ‘safeguard support’ for private investment, boost confidence
China’s State Council has vowed to remove hidden barriers holding back private investment and also address the concerns…
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 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…