Top legislature holds news conference on the economy

China's trade-in program shifts toward green, high-tech products

China's consumer goods trade-in program will prioritize green and intelligent products this year, while ensuring stronger support for brick-and-mortar retailers, the country's commerce minister said on Friday.

China's emerging pillar industries to surpass 10t yuan in 2030: official

China's six emerging pillar industries are expected to surpass 10 trillion yuan ($1.45 trillion) in total value in 2030, Zheng Shanjie, head of the National Development and Reform Commission, said Friday.

China to implement updated policies for departure tax refund: commerce minister

China will roll out updated policies for departure tax refund this year, Chinese Minister of Commerce Wang Wentao told a press conference Friday on the sidelines of the fourth session of the 14th National People's Congress.

China confident of achieving 2026 growth target

China has a solid foundation to achieve its GDP growth target of 4.5 to 5 percent in 2026, underpinned by the country's vast economic scale, growing innovation capabilities and institutional strengths in managing risks, according to the country's top economic regulator.

China to cut central govt spending on official overseas visits, vehicles, hospitality

The Chinese central government will cut its spending on official overseas visits, official vehicles, and official hospitality by at least 7 percent this year, Finance Minister Lan Fo'an told a press conference Friday.