Economic Daily

New Business

‘Major breakthroughs’: Chinese biotech firms plan global expansions after domestic success

With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search…

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New Business

China urged to curb ‘neijuan’ by boosting domestic consumption, innovation-led growth

Stimulating consumer demand and encouraging sustainable innovation are vital to China’s efforts to combat excessive competition – termed neijuan in…

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New Business

China’s ‘involution’ trap is hurting nation’s competitiveness, state media warns

Chinese state media has refreshed its calls for local-level governments and businesses to refrain from unhealthy, exhausting competition that is…

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New Business

China launches all-out effort to boost consumption as US trade war boils over

China is scrambling to roll out more measures to boost consumer spending as it strives to offset the worst effects…

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New Business

Wasteful investments drain China’s economy, undermine government credibility: state media

Inefficient investments continue to be a drain on the economy, and debt-laden local governments need to ensure that the projects…

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New Business

Communist Party newspapers echo Xi Jinping’s call for promotion of private sector

Two high-profile Chinese newspapers linked to the Communist Party published editorials on Thursday voicing support for the private sector and…

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