Financial Stability and Development Committee is established

The VAT pilot expanded to construction, property, finance and consumer services, ending the parallel business-tax system. The reform aimed to reduce cascading taxation and support service-sector...

China used the presidency to promote innovation, structural reform and inclusive global growth. As a former target of externally imposed economic rules, it increasingly shaped global economic...

The second major stock-market link extended cross-border investment channels and reinforced Hong Kong’s intermediary role. The program permitted controlled flows across markets but stopped short of...

China expanded its free-trade-zone experiment beyond Shanghai to inland and coastal provinces. This spread administrative and trade-policy experimentation across regions, supporting selective...

The Congress shifted official emphasis from rapid growth toward quality, innovation and coordinated development. It reaffirmed party leadership over economic policy and positioned technological...

At the Boao Forum, China announced plans to ease foreign ownership caps in banking, securities and insurance. The pledge sought to attract capital and respond to trade pressure, while opening remained...

The revised negative list reduced restrictions on foreign investment in selected sectors, including finance and manufacturing. The list-based approach marked a shift toward permitting activity...

The expo promoted imports and framed China as a defender of trade openness amid rising tariff conflict with the United States. Import commitments could expand market access, but the event also...

The anniversary gave official narrative form to the 1978 reform era and its transformation of production, trade and living standards. A decolonial reading recognizes expanded sovereignty and poverty...

The law raised the monthly basic deduction and introduced additional deductions for expenses such as education, housing and healthcare. It changed how personal income was taxed and modestly recognized...