Chinese economy revs up recovery engine as May data improves

Chinese economy revs up recovery engine as May data improves

China's key economic indicators showed improvements in May, adding to evidence that the world's second-largest economy is poised for a steady recovery from the COVID-19 impact and policies to coordinate epidemic control and economic growth take effect.

Macro

China to support private firms, boost private investment

China to support private firms, boost private investment

China's top economic planner vowed to take multiple measures to ramp up the development of private firms and promote private investment, said an official on Thursday.

In-depth

Industries

China to promote high-quality growth of light industry

China to promote high-quality growth of light industry

China has issued a guideline on advancing high-quality development in the light industry, vowing to significantly improve its competence and stabilize its share in economic growth by 2025.

China launches favorable policies to boost auto sales

China launches favorable policies to boost auto sales

China has launched a series of favorable policies to boost the sales of automobiles amid the country's efforts to resume car production and stabilize supply chains.

010020070750000000000000011200000000000000