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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.
Locals shop at a market in China’s Hunan Province. Photo: Xinhua
China economy

Editorial | Beijing’s ambitious plan can help to prime the consumption pump

Communist Party Central Committee and State Council issue 30-point action plan aimed at reviving Chinese economy and stoking domestic spending.

US-China relations

Robot wars: why this week was a game-changer for the US-China humanoid race

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US-China trade war

Outlook for Chinese economy getting brighter, say Peking University experts

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US-China trade war

China’s Silicon Valley sees exports slump over 16% as trade war fears rise

Analysts are divided over the causes of the sharp slowdown in Shenzhen, one of China’s most important trade hubs.

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Shenzhen is one of China’s largest cities and a key tech and trading hub. Photo: Getty Images
China deflation

China needs ‘more significant’ stimulus to crush deflation fears: economist

The recent growth plans outlined by Beijing will not be enough to change the narrative on China’s economic trajectory, expert warns.

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Xi Jinping

China’s Xi Jinping calls for economic transition on Guizhou visit

On his first inspection tour since the national legislative session, China’s president said the relatively underdeveloped province should build ties with other regions.

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China travel

Shanghai’s new plan to lure foreign tourists: mega-events and Peppa Pig

The Chinese city has outlined a three-year strategy to boost inbound tourism that aims to move beyond its historic landmarks.

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Tourists pose for photos on the Bund in Shanghai. The city has outlined a three-year plan to attract more inbound tourism. Photo: Xinhua
China trade

80 global executives to gather in Beijing for key annual summit

The attendees include leaders of more than a dozen US corporations, including Apple CEO Tim Cook.

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China consumption

Chinese economists call for wider social safety net to nurture consumption

With trade becoming a less reliable source of growth, Chinese academics have recommended demand-side measures to spur domestic spending.

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China economy

Opinion | China knows economic challenges lie ahead. Is it ready for them?

Beijing has withstood external pressures for decades but without strong domestic demand, those pressures are increasingly harder to surmount.

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Illustration: Craig Stephens
China’s economic stimulus

Explainer | What is actually in China’s new plan to boost consumer spending?

The Post breaks down Beijing’s new 30-point action plan, which targets a slew of underlying issues holding back consumption.

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Shoppers cross a street in central Beijing. China is striving to boost consumption amid a slowing economy. Photo: AFP
China economy

Opinion | Adhering to reforms can help Beijing pop ‘Peak China’ bubble

To see off scepticism about China’s growth potential, the government’s latest reform push must be effective and make good on its promises.

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China’s economic stimulus

China’s new plan to boost consumption is ‘most comprehensive’ since 1970s

The 30-point strategy to drive up consumer spending tackles a slew of underlying issues, from low wages to the real estate crisis.

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China property

China’s home prices drop for 21st straight month as property recovery remains elusive

In the sole positive metric in new official data, new-home prices in top-tier cities edged up by 0.1 per cent month on month in February.

A Chinese national flag flutters near residential buildings in Beijing on March 9, 2025. Photo: Reuters
China consumption

China’s retail sales rise as consumption takes centre stage amid tariff blitz

January and February saw a 4 per cent increase in retail sales, stirring hopes domestic consumption can make up for a shortfall in exports.

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People shop at the Miniso flagship store in Shanghai, China. Photo: Reuters
China’s economic stimulus

Open Questions | Why China’s economic recovery is captivating investors again: Robin Xing

Morgan Stanley’s chief China economist sees green shoots in China thanks to innovation, but highlights need for social security reform.

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China’s economic stimulus

China unveils 30-point toolbox to boost consumption

Support for household wealth, stock and property markets, AI funding and childcare in the works as China chases 5 per cent growth in 2025.

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China jobs

With tech start-ups buzzing, why are many young Chinese reluctant to dive in?

Government guideline seeks to encourage entrepreneurship, but many young people say starting a business is too risky in a sluggish economy.

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People attend a job fair in Shanghai on February 14. Photo: Xinhua
Two Sessions 2025

Opinion | Can Trump and China’s divergent visions finally settle age-old economic debate?

Beyond political and other concerns, the US and Chinese approaches to their economies have intellectual roots stretching back centuries.

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Two Sessions 2025

Is China’s ‘death tax’ at the door? Lawmakers have wealth redistribution in mind

Unlike many Western countries, China does not have estate and gift taxes, but that could change as a controversial motion is considered.

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Communist Party politics

‘Work quickly’: China’s Premier Li puts government officials on notice

After ‘two sessions’, State Council passes work plan that clarifies division of tasks among departments, emphasising interdepartmental coordination.

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Premier Li Qiang speaks during the opening ceremony of the third session of China’s 14th National People’s Congress on March 5. Photo: EPA-EFE
Alibaba

Alibaba’s Joe Tsai: Xi’s entrepreneur meeting boosts business confidence

Beijing’s positive signal has solidified the tech giant’s commitment to investing in AI, Alibaba chairman Joe Tsai says.

Alibaba Group Holding chairman Joe Tsai speaks at an event at Singapore’s Changi Airport on Wednesday. Photo: Handout
China’s private sector

What’s the next step for China’s proposed private sector promotion law?

The proposed law, not passed at this year’s legislative session, is seen as an indicator of Beijing’s commitment to improving the business environment.

Two Sessions 2025

Webinar | ‘Two sessions’ 2025 key takeaways: insights into China’s economic strategy

SCMP and Asia Society Policy Institute’s Center for China Analysis co-host a webinar to discuss key developments from the annual ‘two sessions’.

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China economy

Opinion | China’s 5% GDP target: where will the growth come from?

Beijing needs a change in public expectations to boost confidence and open the floodgates of consumer spending to drive up the economy.

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Chinese President Xi Jinping speaks to Premier Li Qiang at the opening ceremony of the third session of the 14th National People’s Congress, at the Great Hall of the People in Beijing, on March 5. Photo: EPA-EFE
China's population

China’s workers flock to Shenzhen and Hangzhou as talent war heats up

The two tech hubs saw their populations swell in 2024, defying China’s broader demographic decline.

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China’s workers continue to flock to prosperous cities on the country’s southern and eastern coast in search of a better quality of life. Photo: Xinhua
China inflation

China CPI down 0.1% in first 2 months days after inflation control target drops

February consumer inflation fell 0.7 per cent year on year, while prices at the factory gate were down 2.2 per cent.

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Two Sessions 2025

In China’s economic transition, who’s up and who’s down?

As China continues its economic transformation, some industries stand to gain tremendously – and others are being left in the dust.

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