Li Qiang

New Business

From global games to outdoor activities, China aims for US$980 billion sports economy

China is aiming to build a 7 trillion yuan (US$980 billion) sports sector by 2030 – complete with a series…

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Opinion | Why Beijing is letting parts of China’s property sector fail

In an encouraging tableau presented by Chinese authorities, which reported 5.3 per cent year-on-year growth for the first half of…

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China’s AI race heats up as Shanghai launches massive subsidy scheme

Shanghai has unveiled an ambitious 1 billion yuan (US$139 million) subsidy programme for the artificial intelligence industry, as the metropolis…

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Shanghai conference sets stage for US-China face-off in heated race for AI supremacy

Shanghai will host its eighth annual flagship artificial intelligence (AI) conference this weekend as China ramps up competition against the…

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EU-China cooperation ‘only right choice’, Premier Li Qiang says at business symposium

China and Europe should foster a “healthy” economic relationship characterised by both competition and cooperation, the Chinese premier told European…

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European firms call for return to free and fair trade at China-EU summit

European companies called for a return to the spirit of free and fair trade at Thursday’s highly anticipated China-European Union…

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China’s mega dam project in Tibet sparks stock surge in hydropower, infrastructure sectors

China’s construction of the world’s largest hydropower dam in Tibet has boosted related stocks, as analysts predict that infrastructure construction…

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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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China slams EU banking sanctions as tensions rise ahead of key summit

Beijing has called on the European Union to “immediately cease its wrong practice” of sanctioning two Chinese banks, vowing to…

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Exclusive | How deals are trumping port dispute on Australian PM Albanese’s China visit

Beijing has set aside major disputes with Canberra and instead filled Australian Prime Minister Anthony Albanese’s six-day visit to China…

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