On Sunday, China's National Development and Reform Commission and the Ministry of Commerce released the Special Administrative Measures (Negative List) for Foreign Investment Access (2024 Edition). The total number of items on the negative list, or restricted sectors for foreign investment, has been reduced from 31 to 29,...More

"Why China Is Starting a New Trade War" - The Wall Street Journal (WSJ) recently published a subpar article with this sensational headline. It starts from stating that China hopes to restore economic vitality through increased investment in manufacturing, suggesting that this will squeeze businesses around the world...More

The yuan is accounting for a growing share of international payments. This mirrors a steady progress in the yuan's internationalization, which helps diversify payment options, and gives the market more scope to adjust against the risk of dollar fluctuations, at a time when investors continue to firm up...More

A lightning bolt came from the US Bureau of Labor Statistics, which announced on August 21 that the total amount of new jobs created in the 12-month period from March 2023 had been overreported. The bureau stated that an estimated 818,000 announced new jobs in fact had not...More

In order to contain China, the US must maintain military and economic primacy over China. Nevertheless, its ability to do this has come into question in recent years due to the continual rise and growing strength of China, and the demonstrated growing weakness of the US itself. Among...More

While the US policy of reshoring manufacturing has made progress, prioritizing the promotion of the US manufacturing industry completely over economic efficiency will inevitably pose challenges and uncertainties to the sustainability of its return. A Financial Times investigation revealed on Monday that $84 billion of the US manufacturing...More

The Chinese economy maintained stable expansion in the first half of 2024, with more than half provincial-level regions across the country showing a stepped-up recovery trajectory over the period - which was fueled by robust industrial growth, new drives from the creation of new quality productive forces and...More

China is ramping up efforts to promote free trade cooperation by accelerating talks and upgrades of free trade agreements (FTAs) and enhancing the development of its free trade zones (FTZs), the Ministry of Commerce (MOFCOM) said at a press conference on Friday. The acceleration of free trade cooperation...More

China's Nasdaq-style sci-tech innovation board of the Shanghai Stock Exchange, also known as the STAR Market, celebrated its fifth anniversary on Monday. It has helped more than 570 technology companies raise 1 trillion yuan ($137 billion), with 60 percent of them driving import replacement efforts, as a key...More

China's GDP expanded 5 percent to reach 61.68 trillion yuan ($8.49 trillion) in the first half of 2024, data from the National Bureau of Statistics (NBS) showed on Monday, demonstrating the resilience and innate strength of the world's second-largest economy. In the second quarter, China's GDP grew by...More

The Chinese economy may post a faster-than-5-percent growth rate for the first half of the year, exceeding a preset annual target, according to predictions made by a number of Chinese economists on Monday. A growth rate in the range of 5.1-5.4 percent was predicted for the second quarter....More

Editor's Note: Since 2012, China has witnessed an extraordinary economic transition, with historic achievements in all aspects of the economy from its size to quality. Such an unparalleled feat does not just happen, especially during a tumultuous period in the global geo-economic landscape and a tough phase in...More

In a sign of their sharp business mind, many Chinese are discussing on social media the balance sheet of the Beijing 2022 Winter Olympics, which concluded just on Sunday but continue to occupy people's mind with lingering effects. The Beijing Winter Games will have a large chance of...More

The National Bureau of Statistics of China (NBS) released data on the national economy in 2021 on Monday, with the country's gross domestic product (GDP) expanding 8.1 percent year-on-year, which was well above the government target of "above 6 percent" set at the beginning of 2021, and the...More

China on Monday posted an 8.1 percent GDP growth in 2021, defying market expectations and further cementing the world's second-largest economy's leading position in the global economy's recovery from the still raging COVID-19 pandemic, as major growth drivers, particularly exports, saw remarkable improvements in the face of mounting...More