China Unveils Guidelines to Boost the ‘Silver Economy’ Amid Aging Population
China introduces new guidelines to develop its ‘silver economy,’ addressing the challenges of an aging population and unlocking opportunities in elderly care industries.
ChinaEconomy
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Is 2024 a Promising Year for the Chinese Mainland’s Economy?
China’s economy met its 2023 GDP growth target, but faces multiple challenges in 2024. Experts weigh in on what the new year holds for the Chinese mainland’s economic future.
China’s Trade-In Policies Spark Surge in Green Consumption
China’s latest trade-in policies since March have fueled a surge in green consumption, boosting sales in new energy vehicles, home appliances, and sustainable products, expanding the consumer market by 1 trillion RMB.
Chinese Mainland’s Industrial Profits Rise 3.6% in First Seven Months
Economic indicators show the Chinese mainland’s industrial firms saw a 3.6% profit increase year-on-year from January to July, reflecting steady growth amid global market trends.
China’s Summer Spending Surge Highlights Growing Service Sector
China’s summer spending boom in tourism, entertainment, and sports showcases the country’s expanding service consumption and its role in economic growth.
Foreign Experts Gauge China’s Bright Economic Future
Foreign scholars are optimistic about China’s economic future, citing its competitiveness, robust supply chains, and advancements in key technologies as driving forces.
China’s Loan Prime Rate Holds Steady in August
China’s one-year and over-five-year loan prime rates remained unchanged in August, maintaining 3.35% and 3.85% respectively, signaling market stability.
China’s Summer Vegetable Prices Surge Nearly 40% Amid Extreme Weather
Extreme weather in China, including high temperatures and heavy rainfall, has led to a nearly 40% surge in vegetable prices this summer.
Shanghai Free Trade Zone Marks 11 Years of Innovation and Growth
Celebrating 11 years, the Shanghai Free Trade Zone exemplifies China’s institutional innovation and economic openness, driving significant reforms and attracting global investment.
China Shows Steady Economic Growth in July with Key Indicators on the Rise
China’s economy saw steady growth in July, with industrial output, service production, and retail sales all increasing, signaling a positive recovery trajectory.