Asian shares rose to a six-month high on Wednesday while the dollar steadied as investors were buoyed by China's reopening and optimistic towards U.S. inflation data. MSCI's broadest index of Asia-Pacific shares outside Japan rose as much as 0.82 percent…
China will facilitate the expansion and improve the effectiveness of the proactive fiscal policy to cope with multiple challenges ahead, Minister of Finance Liu Kun told Xinhua in an interview. The unsolid fundamentals for economic recovery, "triple pressure" of shrinking…
China’s economy has been growing at an average annual rate of more than 5% over the past two years, which is better than the global average. According to some media reports, corporate investors have expressed optimism that China’s economic growth…
China will continue to implement a wider and deeper opening-up on a larger scale and build a higher-level open economic system to keep injecting impetus into the global economic recovery, Chinese Foreign Ministry spokesperson Zhao Lijian said on Tuesday. Noting…
By Shen Jianguang Note: Shen Jianguang is the chief economist of JD.com. The views expressed in the article are the author's personal views. China's economy continued to maintain momentum, thanks to the ongoing industrial transformation and economic upgrade last year, despite…
State Councilor and Defense Minister General Wei Fenghe (center) attends the 9th ASEAN Defense Ministers' Meeting Plus in Siem Reap, Cambodia, on Wednesday. The meeting brought together defense ministers from ASEAN and its dialogue partners. State Councilor and Defense Minister…
Concepts of inclusive growth, common development receive positive reaction President Xi Jinping's emphasis on more inclusive growth and common development for a community with a shared future for mankind resonates with the needs of all people in the world in…
The value of China's digital economy reached 45.5 trillion yuan (about 6.3 trillion U.S. dollars) in 2021, accounting for 39.8 percent of the country's GDP, according to a report released by the Chinese Academy of Cyberspace Studies on Wednesday. The…
Vehicles for export are parked at a port in Lianyungang, Jiangsu province, in October. [WANG CHUN/FOR CHINA DAILY] China called for more international cooperation to enhance industrial and supply chain security amid pressure from COVID-19 outbreaks, geopolitical tensions and a…
Xi Jinping delivers a report to the 20th National Congress of the Communist Party of China (CPC) on behalf of the 19th CPC Central Committee at the Great Hall of the People in Beijing, Oct 16, 2022. The 20th CPC…