People's Daily

New Business

China says US trade war, tech curbs have spurred ‘independent innovation’

China’s economy has successfully weathered mounting shocks, including US tariffs and technology curbs, and continues to innovate despite a challenging…

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New Business

Chinese drug makers strike a record US$136 billion in out-licensing deals in 2025

Chinese drug makers’ licensing deals more than doubled in 2025 from a year earlier to a record high, propelled by…

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New Business

China discourages trend-chasing among officials, warning of ‘involution’

As the period covered by China’s next five-year plan begins, the official newspaper of the country’s ruling Communist Party urged…

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New Business

China vows to ramp up west-to-east power output as AI, hi-tech manufacturing fuel demand

China aims to expand its west-to-east power transmission network to more than 420 gigawatts (GW) by 2030, increasing the share…

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New Business

China to keep high fiscal deficit ratio in 2026 to buoy spending plans: analysts

China is expected to set its fiscal deficit ratio at around 4 per cent of gross domestic product in 2026,…

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New Business

China’s risky shadow banks back in spotlight after Beijing’s debt crackdown

China’s crackdown on borrowing by local governments is forcing state-run entities in even some of the wealthiest provinces to tap…

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New Business

CSRC vows deeper reforms to open China’s capital market and boost tech listings

China’s top securities regulator has pledged to widen foreign investors’ access to the mainland’s capital market while further lowering the…

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New Business

As China’s fourth plenum wraps, editorial hails system as anchor of stability

As China prepares to unveil its next five-year plan on Thursday, the mouthpiece of the country’s ruling Communist Party has…

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New Business

China vows to double EV charging capacity by 2027 in major nationwide expansion

China aims to double its electric vehicle (EV) charging capacity by the end of 2027, building 28 million facilities nationwide…

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New Business

Ahead of plenum, party mouthpiece likens China’s economy to ‘unsinkable’ aircraft carrier

In a series of eight op-eds published in the Communist Party’s mouthpiece newspaper ahead of a meeting that will set…

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