China achieves 2024 growth target, bolsters global economy

China achieves 2024 growth target, bolsters global economy

China's GDP grew 5 percent year on year in 2024, meeting the government's full-year target.

Macro

China very confident of sound 2025 economic development: official

China very confident of sound 2025 economic development: official

China has full confidence in its economic development prospects for 2025, despite potentially deepening adverse effects stemming from changes in the external environment.

Companies

China's top liquor brand reports 10.2 pct profit surge in 2024

China's top liquor brand reports 10.2 pct profit surge in 2024

Kweichow Moutai, China's leading liquor producer, reported profits exceeding 120.7 billion yuan in 2024, up 10.2 percent year on year.

Xiaohongshu-related Chinese shares continue to surge

Xiaohongshu-related Chinese shares continue to surge

Based in Shanghai, Xiaohongshu was founded in 2013 and has grown into one of China's most popular lifestyle social media platforms. It has not yet gone public.