Researchers summit Cho Oyu, one of the planet’s highest mountains to monitor high-altitude changes and their effects on the Qinghai-Tibet Plateau.
Official manufacturing PMI rises to 50.2 in September from 49.7 in August, shifting to expansion range after five months of contraction as support policies take effect, but recovery still faces headwinds from fierce competition, costs and tight funds.
China Eastern Airlines, the first commercial operator of the C919 narrowbody passenger jet, has flown 35,000 passengers on the model since its maiden flight in May.
Southeast Asia is also a hot destination for South Korean investors, and analysts say the trend is obvious: Korean companies in China are withdrawing capital or moving to places such as Vietnam.
To cope with higher demand and a reduction in government funding, public universities in China are passing on some of the costs to students – adding another burden to cash-strapped families.
In Shanghai, more young adults are showing a lack of urgency in securing work after earning a university degree, and the ‘problematic’ trend is draining parents’ resources.
Career pressures and high costs are causing many women to delay or opt out of childbearing, according to survey in Hunan province.
While visiting tech powerhouses, Li says industry should transform into one that concentrates on high-end, intelligent and green technology.
Questions linger as to how and whether Beijing’s announced measures will be effectively implemented, rather than serve as mere lip service that fails to reassure entrepreneurs.
Li urges country to develop skilled talent and accelerate the development of vocational education.
More than 28 million people will retire in China this year, and while Beijing has already said it will raise retirement ages, no timetable has been released.
China’s consumer prices edge up slightly in August, while the producer price index (PPI) falls for the 11th month in a row, according to data released on Saturday.
With revenues from land sales falling by more than 20 per cent last year amid mounting debt, local governments in China are being forced to scale back public services, with the job security once offered by public sector or state-owned firms under pressure.
As authorities lay on the charm to lure companies and investors from abroad, foreign business representatives flag fears that Beijing’s grip is getting tighter in a contentious China market.
From intentionally setting up ‘bad banks’ in the ’90s to more recent bank takeovers, Beijing has a history of reaching into its deep bag of policy tools to make economic repairs.
Couples in Changshan county in the eastern Zhejiang province will be given 1,000 yuan (US$138) in cash if the bride is aged 25 or younger after wedding registrations in China fell for the ninth consecutive year in 2022.
China has the world’s second-largest computing capacity, but leaders see its expansion is seen as necessary to boost the nation’s digital economy and ward off Washington’s tech curbs.
China cut its medium-term lending benchmark for corporate loans, but surprisingly held the reference rate for mortgages, the central bank confirmed on Monday.
China’s yuan is around 6.9 per cent weaker against the US dollar than it was a year ago, but the future of the currency will be ‘supported by solid underlying fundamentals’, said a newspaper affiliated with the central bank.
China cut its holdings of US Treasuries for a third month in a row in June, reducing its stake by US$11.3 billion to US$835.4 billion amid an increasingly geopolitical environment.
Record-setting joblessness among those aged 16-24 in China had surpassed 21 per cent before authorities decided a recalibration was in order, abruptly halting the release of data in a move deemed ‘counterproductive’.
Industrial output from China’s hi-tech manufacturing sector grew at the slowest pace on record in July, with analysts warning the abrupt fall is cause for vigilance amid ongoing tensions with the United States.
China’s second wealthiest province of Jiangsu blamed dwindling market demand, falling factory prices, as well as weak profits and expectations, for its gloomy employment outlook.
After demographic alarms went off when Chinese mothers had fewer than 10 million children, how critical will the situation become if only 7 million are born this year?
China’s consumer prices fell for the first time since 2021 in July, and analysts have warned the situation must be handled correctly to avoid imitating Japan’s so-called lost-decade.
State media is heralding the dangers of universities forcing graduates to fabricate employment records or sign ‘flexible’ employment contracts to fudge jobs data, and Beijing intends to hold people accountable.
Former central bank governor Yi Gang gave two recent lectures of his tenure in Beijing and Singapore, saying China’s digital yuan could facilitate a wide range of domestic retail payments, including by foreign visitors, while it also has overseas use.
Authorities say they will continue to ‘support the stable and healthy growth of the property market’ amid China’s overall economic slowdown, with one pledge to ask commercial banks to lower mortgage rates for existing borrowers.
Over half of mainland China’s 31 provincial-level jurisdictions fell short of recording economic growth above the national average of 5.5 per cent in the first half of the year, underlining the problems faced by Beijing to aid the post-Covid recovery.
Beijing had hoped consumption could drive China’s economic recovery, but analysts question its sustainability despite more than 500 large-scale concerts and music festivals this year.