# Economy
Latest news and articles about Economy
Total: 29 articles found

China Expands Departure Tax Refund System to Boost Inbound Tourist Spending
A streamlined 'Version 2.0' policy introduces inter-provincial recognition and paperless processing as the tax-free retail network reaches 14,000 stores.

China July Home Prices Show Divergence as Top-Tier Resales Stabilize
NBS data indicates resale prices in first-tier cities rose for a fifth month, while smaller cities faced ongoing price declines.

China's Railway Fixed-Asset Investment Rises 1.8% to 440.6 Billion Yuan
Capital spending on railway infrastructure grew steadily through July as major trunk lines reached key construction milestones.

China Reaffirms Support for Private and State Enterprises in 15th Five-Year Plan
Official commentary highlights 4.7% GDP growth and industrial profits while pledging equal treatment for all corporate ownership types.

China Prioritizes 'Six Networks' Infrastructure Plan Ahead of 15th Five-Year Plan
High-level leadership meetings signal multi-trillion-yuan investments integrating physical and digital networks to drive structural growth.

China's Foreign Goods Trade Expands 17.3% to 30.13 Trillion Yuan in First Seven Months
Strong demand for mechanical and electrical products alongside expanding trade with ASEAN drove double-digit import and export growth through July.

Shanghai Records Over 5.31 Million Overseas Visitor Arrivals in First Half
Municipal data reflects a sustained rebound in inbound travel as visa-free policies and payment facilitation take effect.

Chinese State Media Rejects Link Between Trade Surpluses and Industrial Overcapacity
A commentary argues that trade imbalances reflect macroeconomic saving-investment dynamics rather than industrial overcapacity.

China's Central Bank Pledges Counter-Cyclical Policy Support
The People's Bank of China plans incremental policy tools and closer fiscal coordination as targeted lending supports private firms.

China Frames High-Quality Growth as Focus for 15th Five-Year Plan
First-half GDP growth of 4.7% sets the stage as leadership shifts official performance metrics toward structural optimization.

China Accelerates Development of Modern Water Infrastructure Network
Efforts to bolster national water security and support economic growth drive investment into major water grid projects.

China Reinforces Cadre Performance Standards to Drive High-Quality Growth
Beijing demands local officials align political incentives with sustainable economic development and strategic future industries.