Biz China Weekly

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China's resolution gives hope to world economy

China's ambition to advance reform and maintain medium to high growth has injected hope and stability into the world economy, experts have observed.

Macro

China's rising month-on-month inflation and narrower decline in producer prices in August have provided fresh evidence of a steadying economy, experts said.

Trade

  • China's foreign trade improved markedly in August over stronger domestic and external demand, customs data showed Thursday.

  • International e-commerce is a huge market, and competition to attract global consumers, especially Chinese shoppers, is fierce.

In-depth

China's high-speed railways now exceed 20,000 km in length with the opening of a line linking Zhengzhou in central China's Henan Province with Xuzhou in eastern Jiangsu Province Saturday.

While global downward economic pressure has put pressure on foreign companies in China, new opportunities have emerged as the Chinese market continues to open.

Innovation and structural reform are key to recovery of the global economy, which is a prescription given by China at the 2016 Group of 20 (G20) summit for the world economy.