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China's economic recovery

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China economy
Chinese tourists
China's economic recovery
This topic charts China's economic recovery as it, in 2023, enters an era of slower growth, along with an ageing and shrinking workforce, weak consumer demand and a property market downturn.
Visitors watch humanoid robots fight at the Unitree Robotics booth during the World Robot Conference in Beijing. China has invested heavily in artificial intelligence, robotics and other emerging sectors in recent years. Photo: Reuters
China technology

China rises up ‘elite quality’ league table as AI investment booms

China ranked 19th in the latest Elite Quality Index, which assesses whether national elites create sustainable value for their countries.

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China consumption

‘Let the rich spend’: China told to ease property curbs to spur consumption

China economy

China retail slowdown, Trump-Putin summit, Wang Yi visits India

China consumption

China’s economy shows signs of strain as retail sales, output lose momentum

Retail sales, industrial output fell short of expectations in July as several headwinds appeared to reduce consumer and investor confidence.

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Shoppers walk past a row of outdoor stalls in central Beijing. China has made driving up domestic consumption a key policy priority this year. Photo: AP
China consumption

China prods consumers again as 20-year first fans slowdown fears

Chinese policymakers rolled out new consumption stimulus measures as the first decline in new bank loans for two decades added to signs that the economy may be cooling.

China consumption

Why debt-shy Chinese consumers may snub loan subsidy scheme

Boosting consumption is a top priority for Beijing, but some habits are hard to break.

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China consumption

China urged to overhaul its tax system to boost consumption

China’s current value-added tax regime is undermining Beijing’s efforts to rebalance the economy towards consumption, economists argue.

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China is striving to rebalance its economy by boosting consumption, but economists argue that the country’s tax system does not incentivise local authorities to focus on developing their consumer markets. Photo: Shutterstock
China consumption

Beijing urged to curb ‘free milk tea’-style cash burn in e-commerce battle

Instant retail has potential to boost domestic demand, but more government policy support needed to end excessive competition, central bank adviser says.

Shanghai

Shanghai plans housing upgrade drive in a boost for consumption, investment

The citywide push to unlock new sources of growth will see older buildings renovated and neighbourhoods transformed.

China property

China property: Shanghai, Shenzhen could follow Beijing by dropping buying curbs

Policy change will have limited impact but could help stabilise Beijing home prices, Morningstar and Fitch analysts say.

An airliner flies over a residential building in Beijing on July 13, 2025. Photo: AP Photo
China birth rate

Why China’s baby subsidies may help poorer regions – and how they stack up in Asia

But the universal cash transfers could have a bigger impact on consumption levels than the number of births, some analysts say.

A nurse takes care of a newborn baby at a hospital in Taizhou, in China’s eastern Jiangsu province, on May 12, 2023. Photo: AFP
China consumption

Gen Z’s passion for live performances drives nighttime consumption in Shanghai

In its Night Economy 2.0 initiative, the city government has announced a series of events dubbed ‘Wonderful Night Shanghai’.

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China travel

Europe is expecting a wave of Chinese tourists. Should it thank Donald Trump?

The US president and a resilient domestic economy are boosting the continent’s appeal – but visas and limited flights remain challenges.

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China consumption

China’s consumer prices flat in July, while producer deflation persists

CPI reading beats market expectations, but data suggests demand remains weak amid trade turbulence.

People shop at a supermarket in China’s Jiangsu province. Persistent deflationary pressures have been weighing on consumer prices across the country. Photo: Xinhua
China manufacturing

China’s steelmakers cool competitive fires as price war cuts profit margins

Facing chronic oversupply and government demands to end a cost-cutting race to the bottom, China’s steel industry looks for solutions.

China’s immense steel industry is in danger of pricing itself too low to generate profits, as a destructive cycle of competition grips the sector. Photo: AFP
China GDP

China should keep GDP growth between 4.5% and 5% for next 5-year plan: scholar

In a Communist Party journal, a professor argues a GDP growth range of 4.5 per cent to 5 per cent would be necessary to reach a 2035 benchmark.

China debt

As China defuses its time bomb of debt, US hears the ticking intensify

Why do analysts see America’s debt situation as ‘more concerning’, and why is China’s situation a ‘big advantage’?

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China exports

China’s exports defy trade war headwinds in July as growth surges to 7.2%

China’s exports beat market forecasts in July as rising shipments to Europe, Africa and Latin America offset the impact of US tariffs.

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China’s exports have so far remained robust in the face of a trade war with the United States, with shipments up 5.9 per cent, year on year, during the first half of the year. Photo: EPA-EFE
China's population

China records surprise jump in marriages, raising hopes of births rebound

Beijing is striving to encourage more young people to get married and have children as it bids to arrest the country’s demographic decline.

Mainland China

‘Progress’: China’s campaign to ease local government debt scores first big win

Local authorities turned to heavy borrowing after the 2008 financial crisis, forcing Beijing to take action.

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China consumption

China’s economists weigh pros and cons of consumption benchmarks

With internal demand becoming even more important to China's long-term planning, scholars have suggested making consumption a headline figure.

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Domestic consumption has taken on new importance for China’s economy as the international trade landscape grows murky. Photo: Xinhua
China’s private sector

China’s top court showcases how landmark private sector law is being enforced

The highlighted cases mainly focus on disputes between private and state-backed firms – and come as Beijing seeks to shore up its economy.

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Zhang Jun, president of the Supreme People’s Court, delivering a work report at the Great Hall of the People in Beijing on March 8. Photo: Xinhua
China economy

Opinion | China needs smarter, not less, investment to unlock household demand

The idea that investment and consumption are in zero-sum tension overlooks how confidence, not income, is the true bottleneck.

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China food security

China wants people to eat more high-quality beef, unveils quality-grading system

Agriculture official says Chinese people’s diets are not well balanced, contends they need more high-quality proteins, as Beijing looks to beef up the industry.

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China’s economic stimulus

New committee, bailout talk: is China launching a fresh property rescue effort?

China’s central bank has set up a new ‘financial stability committee’ and pledged to defuse risks in key regions and institutions.

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Evergrande Group and other Chinese developers have still yet to complete construction on a large number of projects that ground to a halt amid an industry-wide debt crunch. Photo: Reuters
Yuan

China eyes bigger global role for yuan as US dollar stability questioned

The shifting international monetary order is giving Beijing new room to expand its influence, analysts say.

One hundred Chinese yuan bill with a flag of China. Photo: Shutterstock
China jobs

China’s youth seek stability over entrepreneurship as economy lags

In a survey, ‘entrepreneur’ was ranked lower in preference than ‘freelancer’ and other jobs, suggesting change in mindset for China’s Gen Z.

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China consumption

Passion, pride and live pigs: inside China’s booming local basketball league

Zhejiang’s new league – dubbed the ‘ZheBA’ – is part of a wave of Chinese sports leagues going viral by tapping into local pride and culture.

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