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China’s economic stimulus

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China’s economic stimulus
The latest news and insights on China’s 2024 economic stimulus packages and measures, from property, stocks and government policy to far-reaching social and market implications.
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China bids to break job market ‘curse of 35’ as it raises civil service age cap

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Household income growth holds key to Chinese consumption hopes: ex-official

Yang Weimin says ‘gradually narrowing’ income gap will provide momentum for economic growth, reiterates need for ‘common prosperity’.

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From tourism to healthcare, China unveils a 19-point plan to get people spending

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China’s Xi calls for building unified market to ‘secure an edge’ in global race

President says creation of a unified national market will be vital to achieving China’s development goals.

President Xi Jinping has called for more efforts to build a unified domestic market, as the country’s leaders begin drafting their next five-year plan. Photo: Xinhua
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China backs Three Gorges megaproject, hot on heels of giant Tibet dam

Investment in infrastructure is likely to continue but structural reforms needed to unleash consumer spending, analyst says.

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China consumption

Local Chinese government stimulus pushes big spenders to dig in while dining out

Shaoxing city authorities roll out consumption-boosting measures at a time when economic growth is critical and the central government is watching closely.

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Shaoxing city in Zhejiang province will offer subsidies of up to 5,000 yuan (US$700) to banquet holders if they host five or more tables and spend more than 10,000 yuan. Photo: Shutterstock
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China still waiting for factory activity lift-off as US wields new tech curbs

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China’s new child subsidy is popular. But will it actually raise the birth rate?

China hopes the payments will convince couples to have more children. Parents say that is highly unlikely to happen.

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China jobs

China’s youth unemployment hits 11-month high as graduates join job hunt

China’s youth unemployment hit 17.8 per cent in July, the figure’s highest level since August 2024, as millions of degree holders seek work.

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China economy

China signals bolder policies to boost spending as economic headwinds rise

Premier Li Qiang called for more action to boost consumption and investment, following a concerning set of economic data for July.

Chinese Premier Li Qiang chairs a meeting of the State, China’s cabinet, on Monday. Li called for more action to boost consumption and investment, as China strives to overcome growing economic headwinds. Photo: Xinhua
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‘Let the rich spend’: China told to ease property curbs to spur consumption

A prominent member of China’s top political advisory body wants less regulation and more respect for consumer choice.

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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.

People shop at a supermarket in Boxing county of Binzhou city, in east China’s Shandong province, on August 9. Photo: Xinhua
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What does the Beidaihe guest list tell us about China’s economic priorities?

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Cai Qi, a member of the Communist Party’s Politburo Standing Committee, hosts a group of scientists and entrepreneurs in Beidaihe, a seaside resort in China’s northern Hebei province, on August 3. Photo: Xinhua
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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.

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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.

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If preschool is free, will more have a baby? China to waive final-year tuition

State Council says that depending on an area’s fiscal strength, Beijing will fund at least half and up to 80 per cent of the total cost.

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Children play with bubbles at the Second Experimental Kindergarten in the Yantai High-tech Zone, in eastern China’s Shandong province, in May last year. Photo: Getty Images
China's economic recovery

‘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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Residential buildings under construction in the Kangbashi district of the town of Ordos, south of the city of Dongsheng in China’s Inner Mongolia autonomous region. Photo: Reuters
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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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China’s high-speed rail nears 50,000km milestone – but is it sustainable?

The network dwarfs global rivals and has reshaped domestic travel – but analysts warn debt levels cannot be ignored.

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