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    Convenient Consumption
    The number of convenience stores and other mini supermarkets in China has now reached about 7 million, and their combined sales volume in 2023 exceeded 3 trillion yuan ($420 billion).
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    New Economic Signals
    The Annual Conference of Financial Street Forum 2024 was held in Beijing on October 18-20
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    Milei's China visit: why the change of tone?
    Argentine President Javier Milei, known for his past critical remarks about China, appears to be planning a visit to the country
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    How China tackles the tech stranglehold
    In 2023, China's expenditure on research and development (R&D) reached nearly 3.34 trillion yuan ($472 billion), a year-on-year increase of 8.4 percent, according to a communiqué jointly released on October 2 by the National Bureau of Statistics (NBS), the Ministry of Science and Technology and the Ministry of Finance
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    Lithography Literacy
    The domestically developed lithography machines are expected to play a big role in ensuring the stability and security of China's semiconductor supply chain, mitigating risks associated with external supply disruptions
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    Undue Influence
    The spokesperson's statement made clear China's attitude from the perspectives of safeguarding economic globalization and the multilateral trading system and opposing actions that damage international trade rules.
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    Delayed tariff increases may signal improved ties
    Tariffs are unpopular, unnecessary and unaffordable for U.S. business
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    Committing to a Globalized Labor Market
    In the context of globalization, opening up the labor market is a strategic response to challenges such as global labor mobility and population movement.
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    Globally Competitive Digital Clusters
    The current scientific and technological revolution occurring in the Internet, big data and artificial intelligence is promoting rapid growth of the digital economy and profoundly influencing the world's industrial development patterns and competition ecology
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    Building a Practical Patent Powerhouse
    Hopes are high that the measures introduced at the recent third plenary session will make a difference. Prioritizing science and technology as primary drivers of high-quality economic and social development is essential for China's future growth.
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    System Shift: Countryside To Cityscape
    China will remove all limits on household registration, or hukou, in cities with under 3 million residents and ease the limits in cities with populations between 3 million and 5 million, according to a five-year action plan issued by the Central Government on July 31
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    From stones to milestones
    Reform and opening up have been pivotal to modern China's trajectory, serving as a major driver of the country's economic and social development
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