State Council

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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Mainland Chinese listed companies’ first-half profit rises 2.5% to 3 trillion yuan

Mainland Chinese companies listed onshore recorded a total net profit of 3 trillion yuan (US$420 billion) in the first half…

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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 campaign to ease local government debt scores first big win in Inner Mongolia

China’s debt relief campaign for local governments, launched last year, has delivered its first major success story after Inner Mongolia…

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New Business

China unveils new oversight guidelines seen as a strategic ‘anti-involution effort’

China’s top economic planner has unveiled new draft guidelines aimed at tightening oversight of government-backed investment funds, urging a sharper…

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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

Economists call for reform as China’s famed marketisation index drops

Chinese economists have called for more pro-market reforms to tackle economic imbalances and vicious intra-industry competition, as a new report…

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New Business

China’s job market preps for impact as record graduate wave approaches

Despite an easing of China’s youth unemployment rate in June, the country is steeling itself for a challenging job-hunting season…

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New Business

Why China’s white- and blue-collar workers are worried about losing their shirts

This is the final story in a three-part series exploring the domestic economic challenges China faces as it navigates an…

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New Business

Chinese stocks may pay a record US$419 billion in 2025 dividends in bonanza for investors

That would represent a 10 per cent increase from 2024, when more than 4,300 companies listed in Hong Kong, the…

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