China on track to reach high-income status in one to two years
In the World Bank's classification in July last year, China was ranked as an upper-middle income economy with 2024 per capita gross national income (GNI) at $13,660, versus the…
Zhou Lanxu and Ouyang Shijia
China sets 2026 economic growth target at 4.5-5%
Analysts have said the 2026 target reflects the government's pragmatic approach in recognizing the structural and cyclical challenges faced by the world's second-largest economy,…
China eyes large-scale debt swap to boost economy
The economists and advisers have said that by alleviating debt pressures facing local governments, the debt swap plan will improve corporate performance, reinvigorate business…
China’s new economic model set to boost strength
This approach features a greater play of market forces in resource allocation and technological innovation, but differs from the Western free-market paradigm, as it upholds a…