https://www.scmp.com/rss/523011/feed The latest news and top stories on the Central Financial and Economic Affairs Commission, a prominent Beijing-based governmental body and a commission of the Chinese Communist Party’s Central Committee. Chaired by President Xi Jinping, its primary mission is to lead and supervise China’s economic policy and public finance, serving as the core decision-making and coordination authority. Its main areas of activity include discussing the overall direction of the Chinese economy, coordinating... en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Sylvia Ma,Alice Li Sylvia Ma,Alice Li A mouthpiece for China’s ruling Communist Party has warned against conflicting economic measures, urging officials to better guide market expectations in a front-page commentary highlighting Beijing’s growing focus on policy coordination. “The more policies there are, the greater the risk they will be working at odds,” the People’s Daily editorial said on Friday, pointing to China’s increasingly complex economic environment, “with more and more policy dilemmas emerging and greater demands on... https://www.scmp.com/economy/china-economy/article/3339364/china-cautions-against-compound-errors-clashing-policies?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3339364/china-cautions-against-compound-errors-clashing-policies?utm_source=rss_feed Fri, 09 Jan 2026 12:30:18 +0000 Xinyi Wu Xinyi Wu China’s youth-unemployment rate ticked lower in November, though competition remains fierce for university graduates trying to find work that matches their qualifications. The jobless rate for those aged 16 to 24, excluding students, fell to 16.9 per cent in November from 17.3 per cent in October, according to data released by the National Bureau of Statistics on Thursday. The rate has eased since August, when the graduation of a record 12.2 million university students over the summer pushed it... https://www.scmp.com/economy/china-economy/article/3336857/chinas-jobless-rate-young-people-eases-169-graduates-settle-less?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3336857/chinas-jobless-rate-young-people-eases-169-graduates-settle-less?utm_source=rss_feed Thu, 18 Dec 2025 04:00:11 +0000 Sylvia Ma Sylvia Ma China’s top economic policy coordinator has urged the country to confront unavoidable challenges, while expressing confidence that investment and consumption growth will recover next year as efforts to boost domestic demand intensify. An unnamed official from the Office of the Central Financial and Economic Affairs Commission said the current challenges were “issues arising in the course of development and transition”. “[They] cannot be avoided or sidestepped, but with effort they can be... https://www.scmp.com/economy/china-economy/article/3336756/policy-body-urges-china-confront-economic-challenges-confident-demand-recovery?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3336756/policy-body-urges-china-confront-economic-challenges-confident-demand-recovery?utm_source=rss_feed Wed, 17 Dec 2025 08:00:12 +0000 Carol Yang Carol Yang With trade proving resilient despite global headwinds, China aims to expand both exports and imports next year, leveraging domestic demand to drive more sustainable trade growth, a senior official said in Beijing on Saturday. China has long faced calls to address its trade imbalance, fuelled by a record-breaking surplus exceeding US$1 trillion in the first 11 months of this year, even as Beijing pledges greater openness as part of the solution. “We will expand both exports and imports to drive... https://www.scmp.com/economy/china-economy/article/3336373/china-aims-boost-imports-and-exports-2026-drive-trade-growth-senior-official?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3336373/china-aims-boost-imports-and-exports-2026-drive-trade-growth-senior-official?utm_source=rss_feed Sun, 14 Dec 2025 07:01:18 +0000 Sylvia Ma,Ji Siqi Sylvia Ma,Ji Siqi In a series of eight op-eds published in the Communist Party’s mouthpiece newspaper ahead of a meeting that will set the tone for China’s next five years of development, Beijing described the country’s economy as an “unsinkable economic aircraft carrier” capable of withstanding internal and external uncertainties. The articles in People’s Daily, carrying a byline widely seen as representing the party’s Central Financial and Economic Affairs Commission, touted China’s stability and resilience... https://www.scmp.com/economy/china-economy/article/3328247/ahead-plenum-party-mouthpiece-likens-chinas-economy-unsinkable-aircraft-carrier?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3328247/ahead-plenum-party-mouthpiece-likens-chinas-economy-unsinkable-aircraft-carrier?utm_source=rss_feed Wed, 08 Oct 2025 11:00:14 +0000 Alice Li Alice Li President Xi Jinping has called for more efforts to develop a unified domestic market, arguing that it will be crucial to helping China secure an edge in international competition and meet its development goals. In an article published on Monday in Qiushi, the ruling Communist Party’s leading theoretical journal, the Chinese leader listed six key tasks, with measures to deal with excessive cutthroat competition at the forefront. Vicious price wars have broken out in several industries in recent... https://www.scmp.com/economy/china-economy/article/3325680/chinas-xi-calls-building-unified-market-secure-edge-global-race?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3325680/chinas-xi-calls-building-unified-market-secure-edge-global-race?utm_source=rss_feed Tue, 16 Sep 2025 04:30:10 +0000 Carol Yang Carol Yang China’s express delivery industry is responding to a broad government push to limit downward price spirals by raising courier fees in e-commerce hubs, a move analysts said could ease pressure in the short term, though weak demand could cause the fierce competition between firms to persist. After several local postal administrations made changes to their fee structures, the minimum delivery surcharge in Yiwu, Zhejiang province – the world-renowned centre for the production of small commodities –... https://www.scmp.com/economy/policy/article/3323064/china-ups-e-commerce-delivery-fees-stave-harmful-price-spirals?utm_source=rss_feed https://www.scmp.com/economy/policy/article/3323064/china-ups-e-commerce-delivery-fees-stave-harmful-price-spirals?utm_source=rss_feed Mon, 25 Aug 2025 09:30:10 +0000 Raymond Ma,Neil Denslow Raymond Ma,Neil Denslow The US and China eased export controls, and Chinese factory owners breathed a sigh of relief following a US-Vietnam deal, as trade tensions between the world’s two largest economies further cooled this week. The US lowered restrictions on chip software design sales to China, and China has slowly begun to resume shipments of rare earth magnets. The moves extended progress made last month at London trade talks and in Geneva in May, when both sides agreed to slash sky-high tariffs imposed in the... https://www.scmp.com/plus/article/3316908/us-china-trade-tensions-li-replaces-xi-brics-and-more?utm_source=rss_feed https://www.scmp.com/plus/article/3316908/us-china-trade-tensions-li-replaces-xi-brics-and-more?utm_source=rss_feed Fri, 04 Jul 2025 09:00:08 +0000 Brian Rhoads,Raymond Ma Brian Rhoads,Raymond Ma Chinese President Xi Jinping called for redoubled efforts in the 12-year-long push to develop a “unified national market”, as Beijing seeks to keep economic growth on track amid persistent global trade uncertainty. “Building a unified national market is a requirement for high-quality development, and the country should strengthen coordination and cooperation,” Xi said at Tuesday’s meeting of the Central Financial and Economic Affairs Commission, according to Xinhua. Xi chairs the commission,... https://www.scmp.com/plus/article/3316628/xi-revives-unified-national-market-push-economic-risks-loom?utm_source=rss_feed https://www.scmp.com/plus/article/3316628/xi-revives-unified-national-market-push-economic-risks-loom?utm_source=rss_feed Wed, 02 Jul 2025 09:00:06 +0000