China’s population is expected to plunge by 20 million to 1.39 billion by 2035, according to the Economist Intelligence Unit (EIU), after it suffered a second consecutive annual decline in 2023.
To guarantee a ‘good start’ to the year and a jump on sustained economic recovery, a Chinese ministry has told leaders of major regions to keep up manufacturing in 2024 as the country prepares for the Lunar New Year holiday.
Renewed focus on self-sufficiency comes as US tensions, climate change and supply chain worries over Ukraine war weigh on global market outlook.
Gold’s rising role as a safe-haven investment in China has made it the world’s top buyer while traditional assets such as real estate and stocks are seen as more risky.
Lack of detail on a crucial economic policy meeting, along with other messaging that indicates emphasis on political cohesion, suggests growth and recovery are still not top of mind for China’s leadership.
Analysts continue to call for more aggressive stimulus measures to invigorate the job market, after employees saw salaries suffer their biggest quarterly decline in years across dozens of major Chinese cities.
Nearly a third of 343 members cited uncertainties in the US-China economic relationship as the main reason behind their reduced investment plans, while tech and R&D sectors have been hit amid ‘strained’ ties.
National Administration of Financial Regulation says implementing a plan to support real estate projects is a priority for this year.
Business Confidence Survey released on Wednesday by the German Chamber of Commerce in China highlighted a range of challenges as Beijing seeks to restore trust among the foreign business community.
Beijing’s responses – or lack thereof – to China’s market woes and crippled confidence have analysts and the market speculating on why leaders have not done more, caught between a rock and a hard place.
New survey data reflects more young people gravitating towards emerging industries in China, while increased hiring in industrial sectors mirrors the digitisation trend across all industries.
After a slew of promises made by the Chinese government to the country’s private businesses, growth and recovery have been weaker than expected – and experts are saying the solution to industry uncertainty is bold, consistent action in the sector’s favour.
Article on the front page of the Communist Party mouthpiece, the People’s Daily, says Beijing would implement various pro-business policies to support the private economy.
People’s Bank of China and the National Administration of Financial Regulation prioritise rental unit supplies in large cities to meet needs of young workers.
US-based GenBank sequence database says nucleotide sequence present in sample submitted by Jiangsu hospital has never been seen before.
For the first time in decades, the share of China’s workforce employed in raw materials industries has gone up – a consequence of a weak job market and a return of rural migrants to their homes.
China, one of the world’s fastest ageing countries, has added questions for people aged 60 and above to a survey about population changes and the labour force, including their ability to use a smartphone.
India has expanded its trade inquiries into Chinese products and raised concerns about the ballooning deficit with its neighbour, but analysts say a full-blown trade war is unlikely.
Unmanned passenger drone from Chinese firm EHang completed its first commercial flight demonstration in Guangzhou on Thursday, as China moves ahead with its low-altitude economy push.
China’s national development and data authorities have jointly released a plan to have digital technology support the development of the real economy
Lifting consumer sentiment in China would require the creation of a ‘positive cycle’ in the economy as a whole, analysts and experts point out.
The self-proclaimed ‘first coffee village in China’ is enjoying an upturn in fortunes with an influx of tourists and a return of young locals, while it has embraced digital transformation to grow and sell its Arabica coffee beans.
As births in China could plunge further to as low as 7 million this year, recognising grandparents who help raise children and promotional activities have been suggested to ease population woes.
China’s low-altitude economy was listed as one of the strategic emerging industries to cultivate during the recently concluded central economic work conference.
China’s key private sector remains in a difficult situation despite various action plans and support packages, according to a survey by an independent enterprise research institute.
Saudi Arabia’s Minister of Investment Khalid al-Falih spoke at the China-Saudi Investment Conference in Beijing on Tuesday, along with China’s commerce vice-minister Li Fei.
Survey by the Institute of Public Policy at the South China University of Technology says China should focus on fertility services, instead of birth rates as it seeks solutions to its population crisis.
Louis-Vincent Gave, founding partner and CEO at research firm Gavekal, says China is deemed uninvestible for some Western investors despite Beijing’s efforts to attract increased overseas capital.
Ministry of State Security seeks to quell accusations that China’s revised anti-espionage law has worsened economic decoupling and the operating environment for foreign firms, as they have increasingly claimed.
The commission administering China’s largest state firms has cautioned them to control and prevent risk in their financial subsidiaries and operations, a sign of heightened focus on systemic shortfalls as debt burdens continue to plague smaller institutions.
