Given the current challenges to China’s economy, such as the soft property market and weak domestic demand, how achievable is China’s growth target of 5% for this year? Lianhe Zaobao correspondent Chen Jing tells us more.
Economy
Red-hot spending data over the recent Spring Festival in China caused the stock market in Hong Kong to rise three days in a row after it resumed trading first, with the country’s A-shares following suit a few days later. How long will this recovery in spending and such positive market sentiments last? Will this allow the Chinese economy to shake off fears of deflation and get over its confidence crisis? What other stabilising measures will the authorities introduce?
Economy
China’s electric vehicle (EV) market has seen a slew of bad news this year, with issues coming from car owners and manufacturers. While the sector is going through a necessary rite of passage for emerging industries, this is also a crucial test of whether the EV industry can uplift itself and adapt with the changing times. Lianhe Zaobao correspondent Chen Jing tells us more.
Economy
One of Shanghai’s commercial areas has seen a boost in consumption since the New Year, partly driven by the popularity of the Blossoms Shanghai television series. Even as consumption returns to pre-pandemic levels, officials will need to do more to ensure that this recovery remains sustainable over the long term. Lianhe Zaobao correspondent Chen Jing tells us more.
Society
As the popular TV series Blossoms Shanghai shows the thriving Shanghai of the 1990s, the Shanghai of today is a far cry from the TV series. How can Shanghai find its rhythm again?
Economy
Even with the efforts of the Chinese government to revitalise the stock market, investors and shareholders seem to be unconvinced and hesitant in putting in funding, which in turn is not helping the market to recover as fast as would be hoped. What else can be done to bring back the good days?
Economy
The real estate sector in China’s first-tier cities such as Beijing and Shanghai has recorded declining performance since the pandemic, with a full rebound still nowhere to be seen. Given the usual lag in the effectiveness of policies after implementation, will the real estate market see a silver lining ahead? Lianhe Zaobao correspondent Chen Jing tells us more.
Economy
The Central Economic Work Conference held earlier this week has set the tone for China's economic development next year, with the aim of establishing the new before abolishing the old, essentially ensuring stable growth across all sectors. But what remains is whether these slogans and calls can turn into practical action and change. Lianhe Zaobao correspondent Chen Jing tells us more.
Economy
Lianhe Zaobao correspondent Chen Jing notes that as China’s economic and business policies shift and change, foreign companies are finding it difficult to decide whether to stay in China or pull out, given the challenges in meeting new regulations and requirements. But there are others who see opportunities.