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China to further open up service sector to boost consumption
China plans to further open up its service sector to meet growing consumer demand for higher-quality services, said a senior official of the Ministry of Commerce at a press conference in Beijing on Friday.
August 12, 2024 -
China vows greater efforts to boost service consumption
A commerce ministry official said Friday that China will promote alignment with high-standard international economic and trade rules and expand opening up to boost the consumption of services.
August 12, 2024 -
Official pledges greater financial, fiscal support for elderly care development
An official from the Ministry of Civil Affairs pledged greater financial and fiscal support, such as tax-related preferential policies to better promote the development of China's elderly care services.
August 12, 2024 -
China expands cultural, tourism offerings with 37,000 summer events
This summer, China hosted around 37,000 cultural and tourism events spanning over 4,000 categories nationwide, catering to popular interests such as night tours, summer getaways and family-friendly excursions, according to the Ministry of Culture and Tourism on Friday.
August 12, 2024 -
Infographic: Decoding China's high-quality development through numbers (II)
In recent months, the State Council Information Office hosted a series of press conferences with officials from 31 provinces, municipalities, and autonomous regions, showcasing their efforts in pursing high-quality development. Explore the second half of the infographic to discover each region's contributions, from innovation-driven growth and higher-level openness to green development initiatives.
August 7, 2024 -
China's foreign trade structure continues to improve
China's foreign trade structure continued to improve in the first half of this year, marked by increased trade cooperation with emerging markets, larger share of high-tech and high-valued-added exported products, and more new trade growth drivers, said an official of the Ministry of Commerce at a press briefing Friday.
August 5, 2024 -
Reform makes it easier for migrants to gain city hukou
A new round of urbanization over the next five years aims to lift the proportion of urban residents to 70 percent of China's population and overhaul the country's two-track urban-rural hukou system, an official said on Friday.
August 5, 2024 -
'People-centered' urbanization drive to have comprehensive effect
A new round of urbanization drive planned for the next five years will help raise the share of China's urban residents to 70 percent of its population, and help overhaul its urban-rural two-track hukou system so that out-of-towners can better enjoy public services ranging from healthcare to schooling in their adopted homes, an official said on Friday.
August 5, 2024 -
China outlines steps to promote people-centered new urbanization strategy
China will advance people-centered new-type urbanization through concrete measures, according to a State Council Information Office press conference held on Friday.
August 5, 2024 -
China continues to strengthen economic security
China has strengthened its economic security by improving grain production, achieving energy milestones, and strengthening industrial and supply chain control. The country has also made notable progress in data security and financial risk prevention, said Zhao Chenxin, vice chairman of the National Development and Reform Commission at a press conference Thursday.
August 2, 2024 -
China's trade volume in goods sets record in H1
China's trade in goods expanded by 6.1% year on year in the first half of this year to reach 21.2 trillion yuan (US$2.94 trillion), setting a new record, said Li Yongjie, deputy China international trade representative, at a press conference on Friday.
August 2, 2024 -
China aims for FTAs to contribute 40% of foreign trade by 2030
China will strive to ensure its network of free trade areas (FTAs) can contribute about 40 percent of the total foreign trade by 2030, an official said Friday.
August 2, 2024 -
Official: Higher transfer payments support local fiscal stability
China has maintained local fiscal stability this year, with the central government allocating 8.99 trillion yuan (US$1.24 trillion) to local governments in transfer payments by the end of June, said Wang Jianfan, an official at the Ministry of Finance, at a press briefing Wednesday.
August 2, 2024 -
China encourages long-term basic medical insurance participation
The General Office of China's State Council has released a set of guidelines for maintaining high-level participation in basic medical insurance program in the long term.
August 2, 2024 -
NDRC confident nation will hit GDP goal despite global turbulence
China is capable of achieving this year's expected economic growth target of around 5 percent and will have significant potential, strong momentum and a long-term positive trend for its future development, said Zhao Chenxin, deputy head of the National Development and Reform Commission, China's top economic regulator.
August 2, 2024 -
Top economic planner: China to put consumption promotion at more prominent position
China will actively expand domestic demand and put consumption promotion at a more prominent position in the next step, Yuan Da, a senior official with the National Development and Reform Commission (NDRC) told a press conference Thursday.
August 2, 2024 -
Innovation, sustainability drive China's foreign trade
Innovation and sustainability have become defining features of China's foreign trade, with high-tech products making up 18.7% of its total exports in 2023, and four out of 10 automobiles exported by China are electric vehicles, said a senior official of China Customs at a press conference in Beijing on Tuesday.
August 1, 2024 -
Top economic planner: China to improve market access system
China will promote the introduction of guidelines on improving the market access system and publish a new version of the market access negative list in the future, Zhao Chenxin, deputy head of the National Development and Reform Commission (NDRC) told a press conference Thursday.
August 1, 2024 -
Infographic: Decoding China's high-quality development through numbers (I)
In recent months, the State Council Information Office hosted a series of press conferences with officials from 31 provinces, municipalities, and autonomous regions, showcasing their efforts in pursing high-quality development. Explore the first part of the infographic to discover each region's contributions, from innovation-driven growth and higher-level openness to green development initiatives.
August 1, 2024 -
China revs up fiscal policy support to spur economic recovery
China is making efforts to step up its fiscal policy support and ensure the implementation of established policies, aiming to consolidate its economic recovery as rising external headwinds weigh on growth.
August 1, 2024