Chinese Vice Premier Han Zheng calls for further efforts to ensure power supply as power crunch worsens

China’s power demand repeatedly breaks records and some regions are experiencing extreme hot weather and drought, said Chinese Vice Premier Han Zheng on Wednesday, adding that China is now in a critical stage to ensure power supply in the summer peak season.

China to step up targeted investment to boost recovery, no flood-like stimulus, to extend NEV purchase tax exemption, said State Council

China should consolidate economic recovery, stabilize employment and prices and maintain economic operations within a reasonable range, the State Council said at a meeting chaired …

Technology hub Shenzhen’s GDP grew 3% in first half, retail sales grew fastest this year in June

China’s technology hub Shenzhen saw its GDP grow by 3% in the first half of 2022 from a year earlier, according to data released by the local government on Wednesday, compared to the 2.5% growth for the national GDP during the period and 2% GDP growth for Guangdong province where the city is located.