Biz China Weekly

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China in 2017: anchor of stability, engine of world growth

In a world beset by unpredictabilities, China has stood firm in its pledge for stability and progress, and with each year it has continued to solidify its role as a key engine driving global growth.

Macro

Guo Shuqing, chairman of China's banking regulator, specified the commission's major tasks for 2017, with controlling financial risks as the centerpiece.

Industries

  • More consumers around the world are recognizing the higher quality and cutting-edge technology of "Made-in-China" products.

  • China's bicycle manufacturers are poised for a resurgence thanks to the booming bike-sharing industry.

In-depth

The latest data point to a firming Chinese economy, but the progress of reforms will be key for sustained strength and containing risk.

Chinese farmers apply 70 percent more chemicals on crops than the world average, but the country is taking a step closer to green agriculture by encouraging farmers to reduce the use of chemical fertilizers.

China will adjust the growth pattern in foreign trade from simply expanding the volume to improving structural quality, China's new commerce minister Zhong Shan said on Friday.