China ushers in new consumption scenarios ahead of Spring Festival
Fresh steam is being added to China's Spring Festival consumption drive as the world's second-largest economy taps its supersized market and creates new scenarios and products for its vast number of consumers.
Macro
Chinese provinces eye steady growth, new engines in 2024
Most Chinese provincial-level regions have set their 2024 gross domestic product growth goals at above 5 percent, eyeing new industries and consumption as major growth boosters.
In-depth
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Economic Watch: China's factory activity improves in January, expectations stable
China's factory activity demonstrated improvement this month as businesses reported robust production and maintained an overall optimistic outlook, adding to the growing evidence that the Chinese economy has gotten off to a positive start this year.
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China Focus: Government departments reveal priorities in 2024
As China's gross domestic product reached a new high of over 126 trillion yuan (about 17.74 trillion U.S. dollars) in 2023, what measures are likely to be adopted to reinforce the sound economic fundamentals and what is the outlook for the Chinese economy in the coming year?
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Companies
Starbucks stores on Chinese mainland exceed 7,000
U.S. coffee giant Starbucks has now opened more than 7,000 stores on the Chinese mainland, Starbucks China said on Wednesday.
Airbus seeks full lifecycle cooperation with Chinese suppliers
Airbus has strengthened its foothold in China by partnering with additional Chinese suppliers in areas spanning aircraft component production, assembly, delivery, and maintenance.
