17 h. ago Opinion | Why China’s consumption problem is also a supply issue

Opinion | Why China’s consumption problem is also a supply issue  South China Morning Post

Politics

32 h. ago Opinion | Global Labubu craze reflects China’s creative and consumption ambitions

Opinion | Global Labubu craze reflects China’s creative and consumption ambitions  South China Morning Post

Politics

5 d. ago Economists call for structural reforms to shift China’s focus to consumption

While eye-catching technological breakthroughs – led by the DeepSeek artificial intelligence (AI) model – have boosted confidence in China amid intensifying rivalry with the United States, economists at the Annual Meeting of the New Champions in Tianjin have called for structural reforms to make China a consumption-driven economy. “We can talk about technological supremacy, like AI and all these, but China is never going to be a rich country unless it becomes a big consumer country,” Jin Keyu, a...

Politics

5 d. ago ‘Hotbed of opportunity’: Premier Li says China’s economy offers ‘certainty’

China will continue to be a land of opportunities and an engine of global growth and stability, even as the world faces rising geopolitical challenges and uncertainties, Chinese Premier Li Qiang said at the Asian Infrastructure Investment Bank’s (AIIB) Annual Meeting in Beijing. “China remains the country that contributes the greatest impetus to global economic growth, and the most significant source of certainty for world peace and development,” he said on Thursday. Li’s remarks came a day...

Politics

6 d. ago China's consumption push will support global growth, Premier Li says

China's consumption push will support global growth, Premier Li says  Reuters

Politics

6 d. ago China’s Premier Li: China will take forceful steps to boost consumption

China’s Premier Li: China will take forceful steps to boost consumption  Forexlive | Forex News, Technical Analysis & Trading Tools

Politics

6 d. ago Not just manufacturing: Li Qiang vows China will be major consumption power

Premier Li Qiang has pledged that China will become a “consumption powerhouse” capable of fuelling domestic and global growth, even as he acknowledged the country was grappling with a slump in cross-border investment and persistent trade tensions. Speaking at the World Economic Forum’s annual meeting in Tianjin on Wednesday, Li reiterated Beijing’s commitment to boosting demand in the world’s second-largest economy and defending globalisation. “This will make China a mega-sized consumption...

Politics

6 d. ago Beijing's No. 2 says China is growing into a 'major consumption powerhouse,' even amid 'intensifying' trade frictions

Beijing's No. 2 says China is growing into a 'major consumption powerhouse,' even amid 'intensifying' trade frictions  Fortune

Politics

7 d. ago China’s central bank doubles down on financing support to boost consumption

China is doubling down on its efforts to encourage domestic consumption, with the central government and the country’s wealthiest province rolling out policies aimed at providing structural financial support and on-the-ground incentives. Continued policy support is crucial to keep China’s domestic consumption afloat as trade uncertainties and unemployment pressures persist, analysts said. The People’s Bank of China (PBOC) said on Tuesday that a 500 billion yuan (US$69.68 billion) relending quota...

Economics

7 d. ago Li Qiang pledges to make China ‘massive’ consumer market to drive global growth

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by downloading our app. Chinese Premier Li Qiang is scheduled to give the keynote speech at the Annual Meeting of the New Champions, also known as “Summer Davos”, in the northern port city of Tianjin on Wednesday morning. The world’s second-largest economy has largely withstood the tariff war launched by US...

Politics

7 d. ago Li Qiang says China will be consumption power at ‘Summer Davos’: as it happened

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by downloading our app. Chinese Premier Li Qiang gave the keynote speech at the Annual Meeting of the New Champions, also known as “Summer Davos”, in the northern port city of Tianjin on Wednesday morning. The world’s second-largest economy has largely withstood the tariff war launched by US President Donald...

Politics

7 d. ago China issues guidelines on financial support for boosting consumption

China issues guidelines on financial support for boosting consumption  Reuters

Politics

9 d. ago China Accelerates Development of New Global Consumption Centers in Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing

China Accelerates Development of New Global Consumption Centers in Shanghai, Beijing, Guangzhou, Tianjin, and Chongqing  Travel And Tour World

Politics

1 week ago Is China going through a consumption revival? Its 618 festival is one sign of it

Is China going through a consumption revival? Its 618 festival is one sign of it  CNBC

Politics

2 w. ago Hong Kong to be Chinese companies’ launch pad in Shanghai pact

Mainland Chinese companies will use Hong Kong’s capital market as the launch pad for their global growth, according to an action plan signed on Wednesday with Shanghai to connect the premier onshore commercial city with the nation’s offshore financial hub. The two cities will expand the decade-old connect programme linking the stock markets of Shanghai and Hong Kong with more equities, bonds, exchange-traded funds (ETFs) and gold, as well as working on cross-border settlements and uses of the...

Politics

2 w. ago The Pacific Asia Travel Association Teams Up With Visa To Drive Tourism SME Growth In Beijing Empowering China’s Tourism Businesses For Global Success

The Pacific Asia Travel Association Teams Up With Visa To Drive Tourism SME Growth In Beijing Empowering China’s Tourism Businesses For Global Success  Travel And Tour World

Transport

2 w. ago China ‘stepping in’ as property concerns mount, but no ‘treading the old path’

Premier Li Qiang’s remarks on further shoring up the property sector and escalating policy support are said to be indicative of Beijing’s lingering concerns over the sector – once an economic pillar for China – that remains a drag on growth and consumption, as seen in the latest statistics. Analysts say that while there is no quick fix to the woes, Beijing has grown more wary of the impact on overall sentiment and domestic demand, as the economy grapples with external turmoil. A State Council...

Politics

2 w. ago China factory output slows but consumption offers bright spot

China factory output slows but consumption offers bright spot  mykxlg.com

Politics

2 w. ago China factory output slumps but consumption offers bright spot

China factory output slumps but consumption offers bright spot  WFXG

Politics

2 w. ago China’s Consumption Unexpectedly Improved in Relief From Tariffs

China’s Consumption Unexpectedly Improved in Relief From Tariffs  Bloomberg

Politics