China to strengthen fiscal, financial coordination to amplify policy effectiveness: experts
NPC session reveals 2026 budget plans: special treasury bonds, $100B investment fund, and consumer subsidies for smart tech and electric vehicle trade-ins.
News
Construction begins on Asia's largest cylindrical floating oil facility in east China's Qingdao city
Construction of a record-breaking oil and gas platform for the Kaiping field began in China. Features 110m deck diameter and 170,000-ton displacement.
China logs growth in trading volume, turnover of its futures market
China's futures trading hit $22.5T in Jan-Feb 2026. Lithium and silver lead growth due to AI and green energy demand. Market trust in industry recovery rises.
China's cross-border e-commerce up 15.5 pct in 2025: minister
Commerce Minister Wang Wentao reports a 15.5% rise in cross-border e-commerce. China focuses on AI, green energy, and high-tech exports for economic growth.
China's 2026 economic growth target 'proactive and pragmatic': official
Premier Li Qiang announced a pragmatic growth target for 2026. The 4.5%–5% range supports China's long-term goal to double per capita GDP by 2035.
China to deepen sector-wide AI adoption with focus on integration with manufacturing: minister
Minister Li Lecheng unveils "AI Plus" initiative. China aims to deepen AI integration in manufacturing, humanoid robots, and autonomous driving by 2026.
China sees remarkable development achievements in past five years: official
China's economy hit 140 trillion yuan with a 5.4% average growth. Highlights include 60 million new jobs, high-tech innovation, and life expectancy reaching 79+.
China's GDP tops 20 trln US dollars in 2025
China met its 2025 growth target with a 5% GDP increase. High-tech manufacturing rose 9.4%, while clean energy consumption exceeded 30% of the national total.
China's largest coalbed methane field reaches milestone output
China's Daszi field reaches record 4 billion cubic meters in coalbed methane production. A major milestone for PetroChina in unconventional gas development.
China's top political advisory body reviews its work in past year
Wang Huning opens 4th session of 14th CPPCC. Key highlights: 99.9% proposal response rate, completion of 14th Five-Year Plan, and 2026–2030 strategic goals.
China highlights construction of 109 major projects for 2026-2030
Premier Li Qiang outlines 109 key projects for 2026–2030. Focus on 6 strategic areas to strengthen the economy and boost high-quality growth during NPC session.
EU natural gas prices surge to 3-year high amid Middle East tensions
EU gas futures hit 3-year high of €56/MWh. QatarEnergy declares force majeure after drone attacks, as Hormuz Strait closure threatens European winter supplies.
Xiaomi's EV HyperFactory offers glimpse into future of smart manufacturing
Discover how Xiaomi's Beijing plant produces an EV every 76 seconds. 700+ robots and 99.9% AI quality control define the future of smart manufacturing.
China's economy demonstrates remarkable resilience, vitality in 2025: spokesman
In 2025, China's GDP hit 140 trillion yuan ($20.4T), growing by 5%. Spokesman Liu Jieyi highlights industrial innovation and record travel during Spring Festival.
Oil prices advanced on Monday.
Crude oil prices see a sharp rise. Brent crude jumped by 6.68% and WTI increased by over 6% following the latest trading session on ICE and NYMEX.
