China must embrace bold fiscal expansion to secure its growth target
With structural upgrades across industries, enhanced innovation-driven growth, ample market liquidity and improved listed company quality, China’s stock market increasingly appeals to international investors
It marks the dawn of a new era known as “lightweight AI,” where AI is accessible and affordable to everyone, and it holds the potential to reshape the global AI industry ecosystem
Chinese entrepreneurs are now much better positioned to face the challenges. Over the past year, private enterprises spearheaded pivotal breakthroughs in several industries
In the long term, these practices not only hinder innovation and sound economic growth, but also undermine the well-being of people
China will undertake a “more proactive” fiscal policy and a “moderately loose” monetary policy. This marks a significant shift