Major provincial economies leveraging innovation prowess to fuel China's high-quality development

Major provincial economies leveraging innovation prowess to fuel China's high-quality development

China's major provincial economies are steadily consolidating the foundation of national economic stability while unleashing momentum for progress and delivering high-quality development.

Macro

News Analysis: How China effectively aligns industrial upgrade with consumption boost

News Analysis: How China effectively aligns industrial upgrade with consumption boost

Benign interaction between demand and supply is the key driver of economic development. To promote this positive interplay, China has written into the 15th Five-Year Plan (2026-2030) the need to foster virtuous interaction between consumption and investment, as well as between supply and demand, so as to achieve a higher-standard dynamic balance and strengthen the endogenous momentum and reliability of the domestic economy.

In-depth

Markets

China's chain hotel market sustains robust expansion in 2025

China's chain hotel market sustains robust expansion in 2025

China's chain hotel market sustained robust expansion in 2025, with chain hotel room inventory growing by 760,000 units, or 10.74 percent year on year.

China sees 17.77 bln inter-regional trips in Q1

China sees 17.77 bln inter-regional trips in Q1

China's transport sector handled 17.77 billion inter-regional trips in the first three months of this year, official data showed on Wednesday.