Editor's Note: As the Chinese economy, along with the entire global economy, faces considerable challenges in recent years, some Western officials and media outlets have stepped up their long-standing smear campaign against the world's second-largest economy. They cherry-pick information and even distort facts to hype various specious narratives such...More

China's foreign trade in goods expanded by 6.2 percent year-on-year to reach 24.83 trillion yuan ($3.46 trillion) in the first seven months of this year, hitting a new record in trade volume, customs data showed on Wednesday, buoyed by the country's manufacturing strength, rising overseas demand, as well...More

China's cultural and tourism market is booming in April, with crowds of tourists going outskirts to appreciate blooming flowers and participate in outdoor activities like camping and city walks, while the supply of fresh tea and vegetables is also stimulating consumption. Analysts said on Monday that the sound...More

China's annual Spring Festival travel rush, also known as chunyun, kicked off on Friday, and saw tens of millions of people rush to take trains, planes and other packed vehicles to reunite with their friends and families on the first day. Red lanterns, Chinese knots and bamboo dragons...More

As the National Bureau of Statistics (NBS) reported last week the Chinese economy expanded by 5.2 percent in 2023 from the previous year, several Western media outlets immediately cast doubt over the reading, casting it in a negative light and seized the opportunity to wage a smear campaign...More

China's economic growth rate is expected to reach around 5 percent in 2024, reversing a continuous trend of decline in GDP growth seen since 2009, Li Daokui, director of Tsinghua University's Academic Center for Chinese Economic Practice and Thinking, told the Global Times on Saturday. "Two highlights for...More

Positive factors are emerging in China, including better-than-expected economic indicators and increasingly clear signals of more policy efforts to boost growth, portending that the nation's economic recovery is most likely to cap the first year of post-pandemic rebound on a solid note and kick off 2024 on an...More

China's economic growth will remain at a moderate rate for at least the next five to 10 years, Liu Shijin, former vice minister of the Development Research Center of the State Council and member of the Monetary Policy Committee of the People's Bank of China, told the Global...More

A number of Chinese economic powerhouses have released their first-quarter GDP data, and they have mapped out measures to accelerate growth and take the lead in driving the nation's overall recovery - a step signaled by the central government last year. Recent economic data showed this mechanism has...More

Editor's Note: Industrial modernization and decarbonization of economy are the engines that drive China's high-quality development, Denis Depoux (Depoux), global managing director of Roland Berger, an international management consultancy headquartered in Munich, Germany, told the Global Times (GT) on the sidelines of the 2023 China Development Forum (CDF)...More

China's deficit-to-GDP ratio is set at 3 percent for 2023, according to the Government Work Report submitted by the State Council, the cabinet, on Sunday to the national legislature for deliberation, as China puts an emphasis on expanding domestic demand as one of its key agenda items for...More

US President Joe Biden has been peddling bullish views of the US economy, which he claimed could grow “faster than the Chinese economy this year”, the first time since 1976. But some Chinese observers pointed out that his rhetoric is false, based on the manipulation of “nominal GDP”,...More

China's small and medium-sized enterprises (SMEs) are bouncing back from the coronavirus, according to a survey Standard Chartered sent to the Global Times on Tuesday. The survey of hundreds of SMEs across China suggests that SMEs' business activity continued to improve in July despite severe flooding in central...More

China on Tuesday marked a milestone in its efforts to recover from the coronavirus pandemic, as over 100 million tourists flocked to popular attraction sites across the country during the just-concluded May Day holiday and spent billions of dollars, all while averting a much-feared resurgence of COVID-19 cases....More

With rising turnover, housing sector will expedite China's economy recovery as the COVID-19 epidemic has obviously eased, industry experts and insiders told the Global Times on Tuesday. Citing data from the Beijing Municipal Commission of Housing and Urban-Rural Development, the China Securities Journal (CSJ) reported that 11,973 apartments...More