Chinese Private Sector Poised for Growth with New Government Support
Chinese Premier Li Qiang and New Hope Group’s Liu Yonghao emphasize robust support and measures to enhance the vitality of the private sector, driving economic growth.
Business
Insights on global markets, startups, tech giants, and economic trends shaping the G20 and beyond.
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Crises ‘Not Always Bad’: Sany Heavy Industry Focuses on Globalization, Decarbonization & Digitalization
Sany Heavy Industry chairman Xiang Wenbo remains optimistic, emphasizing that crises can present opportunities through the company’s focus on globalization, decarbonization, and digitalization.
Booming Silver Economy: How China’s Aging Population Fuels a Trillion-Dollar Market
Elderly-driven market growth: China’s trillion-dollar silver economy is expanding with an aging population, leading to more diversified and personalized consumption demands.
CAEXPO 2024 Welcomes Gulf Countries as Special Partners with Exciting New Initiatives
CAEXPO 2024 invites Gulf countries as special partners, promising innovation, collaboration, and enhanced cultural exchanges through extended exhibitions and new initiatives.
China Targets 5% GDP Growth in 2024, Showcasing Economic Resilience
The Chinese mainland targets a 5% GDP growth for 2024, showcasing economic confidence and resilience amid global uncertainties.
China Accelerates Innovation Drive in 2024 to Boost Technological Sovereignty
China aims to accelerate its innovation efforts in 2024, focusing on modernizing industries and fostering new technology-driven sectors to achieve technological sovereignty and boost economic growth.
British Brands Surge into China’s Luxury Market with Record Investments
British investments in China’s luxury sector surged by 81% in 2023, driven by over 2 million wealthy Chinese families. Harrods and Gordon Ramsay launch a high-end members’ club to tap into this booming market.
China Sets Pragmatic GDP Growth Target of Around 5% for 2024
China sets a pragmatic GDP growth target of around 5% for 2024, aiming for sustainable progress and over 12 million new urban jobs.
Chinese Mainland Pushes Forward with Industrial Modernization and Innovation
The Chinese mainland aims to modernize its industrial system and develop new quality productive forces, focusing on sustainability, tech innovation, and global influence.
China’s Disposable Income Soars 6.1% in 2023, Bridging Urban-Rural Gap
China’s per capita disposable income increased by 6.1% in 2023, with rural incomes rising 8.4%, narrowing the urban-rural gap, according to Premier Li Qiang.