China’s economic growth this year will be about 5 per cent, a high-level official said on Saturday, suggesting that the country is hitting its annual target. The world’s second-largest economy is going to achieve major goals for 2024 and contribute to nearly 30 per cent of global growth, Han Wenxiu, deputy director of the Central…
He made the speech in May last year but the excerpts were published for the first time on Friday in Qiushi, the Communist Party’s top theoretical journal. The impact of population decline “must be viewed in a dialectical manner”, Xi told commission officials. 01:53 Inside China’s Demographic Revolution Inside China’s Demographic Revolution The drop could…
In recent weeks, expectations of China unleashing a major stimulus reached a crescendo as the top brass of China’s major economic ministries and commissions took turns appearing on stage in the State Council’s press conference hall. After an initial larger-than-expected monetary package unveiled in the last week of September, some market players voiced disappointment at…