China-Italy Alliance Ignites Italy’s Economic Revival
China-Italy partnership since 2019 has significantly boosted Italy’s economy, with rapid growth in trade and major Chinese investments in key infrastructure projects.
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ADB Uplifts 2024 Growth Forecast for the Chinese Mainland to 4.8%
ADB raises its 2024 economic growth forecast for the Chinese mainland to 4.8%, up from 4.5% in December. The outlook for Developing Asia is also slightly increased to 4.9%.
WTO Projects Global Trade Rebound of 2.6% in 2024
The WTO forecasts a 2.6% rebound in global trade for 2024, driven by easing inflation and strong regional export growth, signaling a steady recovery from last year’s decline.
China Advances Hainan Free Trade Port for Global Influence
China’s State Council Information Office pushes forward the development of a globally influential free trade port in Hainan, with Governor Liu Xiaoming outlining strategic reforms.
China Defends 3% Deficit Plan as Credit Outlook Turns Negative
China’s finance ministry defends its 3% deficit ratio for 2024 as Fitch Ratings downgrades the country’s credit outlook, emphasizing sustainable growth and strategic debt management.
China’s Consumer Market Soars: A 5.2% Growth Story
China’s economy grew by 5.2% in 2023, driven by consumption, exports, and investment. Retail sales hit $6.63 trillion, with consumer spending playing a key role.
Yunnan Surpasses 3 Trillion Yuan, Embraces Green Development
Yunnan’s economy exceeds 3 trillion yuan as it embarks on a green development journey, focusing on innovation and sustainability.
Chinese Premier Li Qiang Leads Symposium to Boost Economic Growth
Chinese Premier Li Qiang hosts symposium with experts and entrepreneurs to discuss the economy’s current state and future strategies amidst global challenges.
China and U.S. Leaders Advocate Partnership for Mutual Growth
Chinese Premier Li Qiang and U.S. Treasury Secretary Janet Yellen discuss strengthening China-U.S. partnership, economic cooperation, and joint efforts on global challenges.
Hainan Free Trade Port Drives Employment Growth with Strategic Initiatives
China’s Hainan Free Trade Port is set to become the world’s largest by 2025, significantly boosting employment through innovative policies and strategic initiatives like visa-free agreements and medical tourism.