A top Civil Affairs Ministry official stressed new reforms must be rolled out over the next decade to be effective.

China has reported that its economy expanded at a 5% annual pace in 2024, achieving Beijing’s target of “around 5%” growth ...

China is second with a predicted growth of 4.5 percent. Germany is expected to see the smallest change to its GDP at 0.3 percent. France and Italy are expected to see their economies expand by less ...

Consumers pinching pennies, businesses seeing fewer customers, and a pervading sense that the economy just isn't bouncing back -- the mood was grim in Beijing as China posted some of its lowest growth ...