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…
Guangzhou and Shenzhen, once China’s growth engines, report GDP underperformance
Two cities that have served as economic pillars for China’s southern province of Guangdong appear to be losing…
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…