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Shanghai bets on manufacturing to buttress finance in two-pronged growth plan

Shanghai, mainland China’s top finance and trade hub, is set to double down on efforts to prevent the “hollowing out”…

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New Business

China targets smarter, more efficient transport infrastructure in next 5-year plan

With the world’s biggest high-speed rail network already established, China now plans a more balanced, integrated and intelligent transport system…

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New Business

China’s liquor capital faces long march to rebirth as baijiu’s ‘liquid gold’ glory wanes

As China’s traditional spirits and premium wines grapple with declining consumption, a significant shift is under way across the beverage…

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Chinese economist calls on Beijing to add consumption target to long-term goals

China should add a quantitative target for consumption growth as part of its long-term modernisation goals to help sustain growth…

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US and China’s national security ‘fixation’ has gone too far, Stephen Roach warns

A prominent American economist has cautioned that the United States and China risk developing a “fixation” with national security, a…

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New Business

Opinion | China needs high-quality financial development to support its five-year goals

President Xi Jinping’s speech at the fourth plenum of the Communist Party’s Central Committee last month outlined the guidelines for…

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China warns against abandoning traditional sectors in economic transition

Developing China’s “new quality productive forces” – a growth model championed by Beijing that emphasises technological breakthroughs and industrial upgrades…

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China’s vow to shield manufacturing aims to ward off industrial decline

Beijing has pledged to prevent industrial hollowing-out by safeguarding the share of manufacturing in its economy, noting that the trend…

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New Business

China names GDP benchmark for headline target: 4.17% annual growth through 2035

With China’s population expected to shrink over the next decade, an official publication has said an average annual economic growth…

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New Business

Chinese stocks: investors study Beijing’s 5-year plan for hints on future market forces

Over the past week, investors hoping for an extension of this year’s blistering, tech-led run on Chinese equities have been…

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