RCEP enters into force for initial member economies

China and fourteen Asia-Pacific partners signed RCEP after years of negotiations. The agreement created a large regional trade framework and expanded China’s regional economic integration, while trade...

The code consolidated civil rules on property, contracts and personal rights, including protections for private property and housing. It provided a common legal foundation for market transactions,...

The plan prioritized technological self-reliance, domestic demand, green transition and “dual circulation.” It formalized a strategy to reduce external vulnerabilities and direct investment toward...

A Central Financial and Economic Affairs Commission meeting called for common prosperity within high-quality development. The agenda revived questions of redistribution and access to services, but...

The Standing Committee authorized property-tax pilots in selected regions for five years. The move opened a path toward taxing property ownership and improving local revenue, while the pilot’s limited...

The annual report set a growth target and promised tax rebates and fee cuts to stabilize firms and employment. The policy mix reflected state capacity to cushion shocks, while household demand,...

The revised law expanded competition rules, strengthened enforcement powers and added provisions relevant to platform markets. It marked the state’s effort to discipline concentrated private power and...

The Congress emphasized high-quality development, technological self-reliance, common prosperity and national security. The agenda placed economic modernization under stronger political direction,...

The State Council issued measures that reduced quarantine and testing restrictions, accelerating the shift away from zero-COVID controls. The transition reopened economic activity after major...

The NPC approved institutional restructuring, including a National Financial Regulatory Administration to coordinate supervision beyond securities markets. The change strengthened central regulatory...