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Japanese academics emphasized that revitalizing consumer spending is a crucial strategy, noting that China's focus on social welfare and boosting consumption as outlined in the 2025 Government Work Report reflects the country's current economic landscape.
China's central bank will cut the reserve requirement ratio and interest rates at an appropriate time this year based on domestic and global economic and financial conditions while creating new tools to support technological innovation.
China will launch a science and technology board in the bond market this year as the country sharpens its commitment to providing financial support for technological innovation.
The Xinjiang Uygur autonomous region has made "unprecedented" efforts in expanding multilevel practical cooperation with Central Asian countries in recent years.
Xiong'an New Area in Hebei province is growing vigorously and changing with each passing day, showcasing the bright prospects of Chinese modernization and high-quality development, said a top official of the national-level economic zone.
China is putting a priority on fostering new quality productive forces and boosting technological innovation in its economic agenda for the year.
China's 5 percent growth target for this year "signals strong confidence" in its economic prospects as the country prioritizes sustainable development despite external challenges, said global experts.
China’s 2025 government work report has for the first time emphasized the need to stabilize the real estate markets within its overall policy framework, according to the State Council Information Office on Wednesday.
The Chinese central government has ample reserve tools and sufficient policy space to address potential internal and external uncertainties, Finance Minister Lan Fo'an told a press conference Thursday.
China needs to prioritize the construction of high-quality housing by integrating advanced, eco-friendly, and intelligent materials, said Peng Shou, a deputy to the 14th National People's Congress (NPC) and an academician of the Chinese Academy of Engineering, on Wednesday.
China's economic growth target of around 5 percent this year is in line with the country's situation and the laws of economic development, and China is fully confident of achieving this target.
China's policymakers have vowed to adopt a city-specific approach for fine-tuning or slashing restrictive measures in home purchases, and stem the downturn as well as restore stability in the real estate market.
China is keeping the GDP growth target for 2025 unchanged at "around 5 percent", the Government Work Report said on Wednesday.
Hainan province is on track to achieve independent customs operations by the end of this year, marking a significant step toward establishing the Hainan Free Trade Port as a premier gateway for China's opening-up in the new era.
China's emphasis on developing new quality productive forces based on local conditions and accelerating the establishment of a modern industrial system will provide strong momentum for long-term economic growth.
China's determination to keep its economic growth target for this year at around 5 percent, unchanged from the previous year, reflects a realistic and pragmatic approach in the face of external headwinds and internal economic adjustments.
Premier Li Qiang called on Wednesday for proactive steps to push for the consistent upturn of the Chinese economy, in order to continuously enhance people's well-being and maintain social harmony and stability.
China’s 2025 government work report has set the GDP growth target at around 5 percent for the year. This target is achievable because it aligns with China's economic development realities, said Shen Danyang, head of the government work report drafting team and director of the State Council Research Office, on Wednesday.
China will take steps to respond to green trade barriers as it advances toward carbon neutrality, says the Government Work Report that was delivered at the opening of the third session of the 14th National People's Congress on Wednesday.
China will introduce new policies to strengthen the supervision of the platform economy to foster a healthier market and support platform firms to play a bigger role in competing globally.
China targets to create over 12 million new urban jobs in 2025, following 12.56 million jobs added in 2024, in an effort to further stabilize and expand employment.
The Trump administration went ahead with its tariff war on Tuesday, imposing 25 percent import duties on Canada and Mexico and doubling its 10 percent charges on Chinese goods.
China will step up its efforts to improve support systems for agriculture, benefiting farmers, and will enrich rural areas this year, a Government Work Report published on Wednesday said.
China has emerged as the world's busiest country in terms of passenger and cargo movements, thanks to the rapid growth of its transport, China's Transport Minister, Liu Wei, said on Wednesday.
China will redouble its efforts to stabilize the job market this year and promote full and higher-quality employment to ensure people enjoy greater work satisfaction and safety.
The Chinese government has outlined its major economic goals and policy directions for 2025 in a work report submitted Wednesday to the national legislature for deliberation.
U.S. President Donald Trump's imposition of new tariffs could disrupt North American supply chains and especially damage the continent's auto industry, experts say.
China will guide its banking and insurance sectors to channel more funds into early-stage startups, long-term research and development projects, and hard tech sectors.
China will introduce city-specific policies on adjusting or reducing property transaction restrictions to make continued efforts to stem the downturn and restore stability in the real estate market
China will deepen comprehensive reforms for investment and financing in the capital market, and encourage the entry of long- and medium-term capital into the market
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