China Accelerates Urban Renewal for High-Quality Growth
China unveils new urban renewal measures to upgrade infrastructure, boost domestic demand, and spark high-quality growth.
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China unveils new urban renewal measures to upgrade infrastructure, boost domestic demand, and spark high-quality growth.
A groundbreaking law effective Tuesday is set to boost the private economy on the Chinese mainland by addressing longstanding structural challenges.
The Chinese mainland has cut its benchmark lending rates, lowering the 1-year LPR to 3% and the 5-year LPR to 3.5%, easing borrowing costs.
The Chinese mainland’s economy showed steady growth in April despite domestic and external challenges, according to key statistics.
EU lowers its eurozone growth forecast to 0.9% for 2025 amid US tariffs and global uncertainty.
Robust policy support and strong domestic demand are driving the Chinese mainland’s economy to new heights amid global challenges.
NBS spokesperson Fu Linghui says the tariff cut between the US and the Chinese mainland boosts trade growth and supports global recovery.
Official data from the Chinese mainland shows a 4% rise in fixed-asset investment in the first four months of 2025, signaling renewed economic momentum.
Live update: The Chinese mainland’s economic performance for April 2025 is detailed in a SCIO briefing, with Fu Linghui addressing media queries.
Australia reaffirms its trade ties with the Chinese mainland, prioritizing national interests amid global pressures.