Policy

China Economy

China’s finance ministry vows measures to boost consumption and investment

Other priorities set out at meeting include strengthening supply chains, more fiscal backing for tech-focused start-ups, and more aid to businesses facing difficulties.

24 Dec 2024 - 6:30PM

China's economic recovery

State Council guideline encourages private investment in China’s railways

24 Dec 2024 - 4:30PM

China energy security

As use of roof solar panels becomes more common in China, can the grid keep up?

24 Dec 2024 - 10:01AM

China Economy

China's economic recovery

China’s local governments urged to rethink approach to infrastructure investment

To avoid the pitfalls of overambitious spending, heavily indebted authorities must ‘know where to hit the brakes’, think tank says.

23 Dec 2024 - 7:05PM

The Hele high-speed-railway station in Hainan province opened in October, 14 years after construction was completed. Photo: Weibo

China Economy

China's population

How will plans for China’s rural areas adapt to shrinking populations?

Annual national rural work conference sets out priorities for rural planning and construction as urbanisation gathers pace.

20 Dec 2024 - 5:00PM

China Economy

Banking & finance

China needs to harness the power of AI to transform its finance sector, former central banker says

The call comes amid a Chinese government drive to revitalise the economy by cultivating “new quality productive forces”.

18 Dec 2024 - 8:30PM

China Economy

China's economic recovery

Explainer | What is neijuan, and why is it worrying China’s economic policymakers?

At central economic work conference, the country’s leadership emphasised the need to combat excessive cutthroat competition.

17 Dec 2024 - 9:00PM

The sun sets over electric pylons beside a solar farm near Weifang, Shandong province, in March. Photo: AP

China Economy

China’s economic stimulus

Policy support sees China’s tax revenue rise for second straight month

Tax revenue climbs by 5.3 per cent, while non-tax revenue surges by 40.4 per cent.

17 Dec 2024 - 5:40PM

Global Economy

China's economic recovery

Open Questions | How China can survive Trump threats, avoid Japan’s mistakes: Zhang Yansheng

Seasoned researcher says Trump’s ‘extremist’ protectionism will isolate US and cede the high ground on multilateralism to China.

16 Dec 2024 - 3:45PMvideocam

China Economy

China manufacturing

China aims to heal wounds of ‘involution’ as officials vow to stem bloodletting

Beijing intends to rectify ‘neijuan-style’ competition that has caused overcapacity concerns and taken a toll on profits, especially in new-energy sector.

14 Dec 2024 - 10:00AM

The average prices of China’s solar products have plunged this year compared with their high point in 2023, with most solar manufacturers suffering net profit losses. Photo: AFP

China Economy

China's economic recovery

Booming ice, snow economy eyed to heat up northeastern Chinese province

Jilin province plans to attract 230 million tourists and generate 420 billion yuan (US$57.7 billion) in revenue by 2027-28.

13 Dec 2024 - 6:30PMvideocam

A skier enjoys the sport at the Beidahu Ski Resort in Jilin City, northeast China’s Jilin province. Photo: Xinhua

Policy

China’s economic stimulus

‘A massive bet’: China eyes greater robotics innovation in bid to boost economy

Hangzhou, Chongqing and Nanjing, plus a part of the southwestern Sichuan province, release robotics policies to accelerate innovation.

13 Dec 2024 - 5:25PMvideocam

Global Economy

US-China relations

China still ‘open’ to trade engagement with Trump despite tariff threats

Even as the risk of another trade war looms as Donald Trump prepares for his second term, China stresses ‘dialogue and coordination’ with US.

12 Dec 2024 - 9:30PM

China Economy

China’s economic stimulus

China makes space for private sector, vows spending to boost demand

Growth took pole position at the central economic work conference, with fiscal deficit increases and more spending pledged to keep demand high.

13 Dec 2024 - 9:16AMvideocam

China has concluded its annual central economic work conference, where the country’s political leaders lay out a fiscal road map for the coming year. Photo: Xinhua

Policy

Yuan

China urged to anchor yuan to non-US dollar currencies to empower domestic tools

China Finance 40 Forum think tank suggests temporarily anchoring the yuan to a basket of currencies, particularly the euro.

12 Dec 2024 - 12:00PM

A bank employee count yuan notes next to US dollar notes. Photo: Reuters

China Economy

China's economic recovery

China may bank on balance-sheet expansion, not rate cuts, for growth: economist

While Beijing is unlikely to implement universal consumption subsidies, officials may try to boost spending by raising incomes, according to Nomura’s Lu Ting.

11 Dec 2024 - 8:30PM

Policy

China’s economic stimulus

China to invest over 4 trillion yuan in ‘hidden infrastructure’ as economy slows

Urban infrastructure projects in the coming years will be worth trillions of yuan and provide a means of boosting jobs and stabilising China’s economy.

11 Dec 2024 - 10:00AMvideocam

Policy

China’s economic stimulus

Explainer | What is China’s central economic work conference, and why does it matter?

China’s annual tone-setting central economic work conference is expected to convene this week at a key time for the world’s second-largest economy.

11 Dec 2024 - 10:37AM

Chinese President Xi Jinping delivers a speech at the 2023 central economic work conference in Beijing. Photo: AP

Policy

China's economic recovery

‘Strong tone’ from China’s Politburo suggests more fiscal spending: analysts

After Monday’s Politburo meeting, analysts predicted China will raise fiscal spending and cut rates to keep up activity through next year.

10 Dec 2024 - 10:00PMvideocam

Policy

China's population

Does China have the key to unlock a second demographic dividend?

Employers in China asked to create jobs suitable for older workers, with close to 300 million people aged over 60.

10 Dec 2024 - 6:30PM

Global Economy

China's economic recovery

China rallies world’s economic groups, decries protectionism at ‘1+10’ dialogue

With an eye on peaceful and sustainable economic development for the world, meeting addresses outsized threats and risks in a time of rising uncertainties.

9 Dec 2024 - 9:46PM

Premier Li Qiang (centre) gestures as the president of the New Development Bank, Dilma Rousseff, left, and Rebeca Grynspan, right, secretary-general of the United Nations Conference on Trade and Development, arrive at the “1+10” Dialogue on Building Consensus on Development to Promote Global Common Prosperity in Beijing on Monday. Photo: AP

OPINION

Zhou Xin

My Take | China’s extended visa-free tourist stays drive momentum for opening

24 Dec 2024 - 7:00AM

Chengxin Zhang

Opinion | China can’t rely on technology as a panacea for economic recovery

23 Dec 2024 - 9:30AM

Andrew Sheng

Opinion | In a world fraught with risk, Trump will add to the bumps

20 Dec 2024 - 8:30PM

Stephen Roach

Opinion | Why China will struggle to boost consumption

20 Dec 2024 - 4:30PM

Nicholas Spiro

Macroscope | Could Trump be a catalyst for the reforms China and Germany need?

12 Dec 2024 - 8:30PM

Doug Woodring,Justin Robertson

Opinion | Circular economy must be centred in fight against plastic pollution

8 Dec 2024 - 12:36PM