New home prices across mainland China in December registered the smallest month-on-month decline since June 2023, propelled by Beijing's stimulus package. However, it would be some time before the country's significant property sector saw a strong recovery,
China's tourism ministry said on Friday that it has begun preparations to resume group tours to Taiwan from Shanghai and Fujian province in the near future, with Taipei saying it welcomed the move.
Shanghai has entered preliminary talks with American singer-songwriter Taylor Swift about a potential concert this year, according to a local tourism official, as Chinese cities aim to attract international stars and fire up the economy.
Beijing and Shanghai have recently attained unprecedented levels of investment and development in the artificial intelligence (AI) sector. These two cities are propelling China's swift ascent in the global AI competition.
Jensen Huang is set to tour the mainland Chinese cities of Shenzhen, Shanghai and Beijing, before flying to Taipei later this week.
The entertainment industry is stepping up for China’s economy in a week that has been dominated by conversations about TikTok and potential alternative apps and investments. The focus has shifted to the American music icon,
Asian stock markets were mixed and muted Friday ahead of the pending Trump Administration in Washington, but following generally better-than-expected economic reports from Beijing. Hong Kong and Shanghai edged higher while Tokyo slipped.
China’s biggest economic powerhouse seeks to become a ‘global innovation hub’ by developing treatments for blindness and paralysis.
The metropolises of Beijing, Shanghai and Tianjin, and the southern manufacturing hub of Guangdong are all aiming for economic growth of about 5% in 2025, while the coastal province of Zhejiang and central Hunan province are eyeing even loftier levels of 5.5%.
Lin Qingmiao, head of the SASAC's bureau of enterprise reform, said the government's key focus will be on the restructuring and integration of central SOEs, in order to further promote the optimization of the State-owned economy's structural adjustment going forward.
Groups from Fujian and Shanghai are the first to be allowed to visit the island in a move Beijing says will help ‘strengthen exchanges’.