2+ hour, 12+ min ago   (408+ words) BEIJING, Jan. 27 (Xinhua) -- China's ongoing improvements to its social security system will significantly boost domestic consumption and provide fresh impetus for economic growth, according to an economist. Lu Ting, chief China economist at Nomura, emphasized that reforms to the social…...

1+ day, 9+ hour ago   (580+ words) GUANGZHOU, Jan. 26 (Xinhua) -- China's manufacturing heartland Guangdong Province has set a GDP growth target of 4.5 percent to 5 percent for 2026, the opening year of the country's 15th Five-Year Plan, Guangdong Governor Meng Fanli said Monday, pledging efforts to achieve better results in…...

5+ day, 1+ hour ago   (256+ words) BEIJING, Jan. 22 (Xinhua) -- China's government-backed consumer goods trade-in programs benefited 366 million purchases in 2025, boosting product sales worth a total of 2.61 trillion yuan (about 373 billion U.S. dollars) in value, government data shows. At a regular press briefing on Thursday, commerce ministry spokesperson…...

5+ day, 3+ hour ago   (483+ words) BEIJING, Jan. 22 (Xinhua) -- The People's Bank of China (PBOC) will continue to implement a moderately loose monetary policy in 2026, and will utilize tools such as reserve requirement ratio (RRR) cuts and interest rate reductions to ensure liquidity remains sufficient, according…...

5+ day, 9+ hour ago   (510+ words) ANKARA, Jan. 22 (Xinhua) -- T'rkiye's central bank on Thursday cut its benchmark interest rate by 100 basis points at its first rate-setting meeting of 2026, signaling a careful approach to monetary easing as price pressures persist. The Monetary Policy Committee (MPC) of the…...

1+ week, 11+ hour ago   (77+ words) China's industrial output up 5.9 pct in 2025Xinhua China's industrial output up 5.9 pct in 2025 BEIJING, Jan. 19 (Xinhua) -- China's value-added industrial output expanded 5.9 percent year on year in 2025, official data showed on Monday. " GLOBALink | U.S. teachers, students explore China-U.S. wartime cooperation in Chongqing GLOBALink…...

1+ week, 2+ day ago   (267+ words) BEIJING, Jan. 18 (Xinhua) -- China-Central Asia economic and trade cooperation made considerable progress in 2025, with the total value of trade in goods reaching 106.3 billion U.S. dollars, a year-on-year increase of 12 percent, according to a statement published on the website of the Ministry…...

1+ week, 3+ day ago   (289+ words) SEOUL, Jan. 17 (Xinhua) -- South Korea's government saw an economic recovery trend for the third straight month, driven by improved consumption and a semiconductor export boom, a finance ministry report said Friday. The Ministry of Economy and Finance said in its…...

1+ week, 3+ day ago   (582+ words) LONDON, Jan. 16 (Xinhua) -- Britain's marginally expanding economy in late 2025, while better than expected, is undercut by a subdued underlying momentum, leading analysts to urge more thorough support for businesses. The country's real gross domestic product (GDP) rose by 0.1 percent compared…...

1+ week, 3+ day ago   (792+ words) U.S. workers are facing rising economic insecurity marked by growing pessimism, financial strain and job anxiety, with California particularly hard hit by high living costs. LOS ANGELES, Jan. 16 (Xinhua) -- U.S. workers face growing economic insecurity, while California sees sharp declines in financial…...