23 h. ago Why President Xi is turning to the ocean for China’s growth – and who benefits?

President Xi Jinping has stressed the need to advance the “high-quality development” of China’s marine economy, highlighting its growing strategic importance during a high-level economic meeting on Tuesday. He also called for stronger policy support to accelerate the sector’s growth. In this explainer, the Post examines why the marine economy matters to the country's overall economic strategy, where government policy is heading, and which sectors stand to benefit. Why does the marine economy...

Politics

23 h. ago Why is Xi turning to the ocean for China’s growth – and who benefits?

President Xi Jinping has stressed the need to advance the “high-quality development” of China’s marine economy, highlighting its growing strategic importance during a high-level economic meeting on Tuesday. He also called for stronger policy support to accelerate the sector’s growth. In this explainer, the Post examines why the marine economy matters to the country's overall economic strategy, where government policy is heading, and which sectors stand to benefit. Why does the marine economy...

Politics

44 h. ago Dalian: A vital engine of China’s innovation and sustainable growth

Dalian: A vital engine of China’s innovation and sustainable growth  Tehran Times

Politics

57 h. ago China Caixin PMI Signals Return to Growth in Manufacturing Sector

China Caixin PMI Signals Return to Growth in Manufacturing Sector  WSJ

Politics

58 h. ago China's factory activity returns to growth in June, Caixin PMI shows

China's factory activity returns to growth in June, Caixin PMI shows  Yahoo Finance

Politics

3 d. ago China’s Communist Party tops 100 million members but growth is slowing

China’s Communist Party had more than 100 million members by the end of 2024, an increase of about 1 per cent from the previous year, according to official data released ahead of the party’s 104th anniversary. However, the rate of membership growth has continued to slow, with one insider attributing this to stricter screening by the Central Organisation Department (COD), the party’s top personnel office. In keeping with tradition, the membership data for the previous year was released a day...

Politics

6 d. ago Exclusive: Trump plans executive orders to power AI growth in race with China

Exclusive: Trump plans executive orders to power AI growth in race with China  Reuters

Politics

7 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

8 d. ago China’s AI capital spending set to reach up to US$98 billion in 2025: BofA

Capital expenditure on artificial intelligence (AI) in China is forecast to reach 600 billion yuan to 700 billion yuan (US$84 billion to US$98 billion) this year, according to a Bank of America (BofA) report, as the mainland and the United States race for primacy in the vital technology. That would represent as much as a 48 per cent overall growth this year for China’s AI capex from 2024, BofA Securities’ co-head of China equity research Matty Zhao, who also heads Asia-Pacific basic materials,...

Economics

8 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

9 d. ago With The Monsters, Monkey King and Ne Zha, China IP businesses brace for growth

With The Monsters, Monkey King and Ne Zha, China IP businesses brace for growth  South China Morning Post

Politics

1 week ago Russia and China discuss trade growth, ignore prioritizing Iran

Russia and China discuss trade growth, ignore prioritizing Iran  The Jerusalem Post

Politics

2 w. ago Premier urges China’s Jiangsu to embrace ‘higher development expectations’

As Beijing looks to shore up China’s economic growth amid mounting challenges, Premier Li Qiang has called on Jiangsu province, a key manufacturing hub on the country’s east coast, to step up its efforts in technology, trade and consumption. During a three-day visit to the province from Monday, Li emphasised the importance of embracing innovative development, stimulating effective demand, fostering entrepreneurship, and deepening reform and opening up to support China’s sustained economic...

Politics

2 w. ago Hong Kong stocks waver as investors assess China growth prospects, Middle East tensions

Hong Kong stocks waver as investors assess China growth prospects, Middle East tensions  South China Morning Post

Economics

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 Bucks US Tariff Heat With Fastest Retail Sales Growth In Over a Year, Fueled By Beijing's Stimulus

China Bucks US Tariff Heat With Fastest Retail Sales Growth In Over a Year, Fueled By Beijing's Stimulus  MSN

Economics

2 w. ago China Bucks US Tariff Heat With Fastest Retail Sales Growth In Over a Year, Fueled By Beijing’s Stimulus By Stocktwits

China Bucks US Tariff Heat With Fastest Retail Sales Growth In Over a Year, Fueled By Beijing’s Stimulus By Stocktwits  Investing.com India

Economics

2 w. ago China retail sales jump while industrial growth slows on trade war turmoil

China retail sales jump while industrial growth slows on trade war turmoil  Financial Times

Events

2 w. ago Indian EVs at risk! Delay in Beijing's rare earth magnets can decelerate auto sector growth; China tighte

Indian EVs at risk! Delay in Beijing's rare earth magnets can decelerate auto sector growth; China tighte  Times of India

Events