Getting people to spend more has emerged as a major economic task for China in 2026 and beyond, aligning with the country's broader shift toward a consumption-driven growth model.At the ongoing "two sessions" in Beijing, the strategic importance of domestic demand has been underscored in both the

Gold prices in Dubai rebounded in early trading Friday, recovering part of the sharp losses recorded a day earlier as volatility persisted amid the ongoing conflict in the Middle East.The price of 24-karat gold rose by more than 6 dirhams per gram to 618 dirhams (168 U.S. dollars) in morning trade,

Vietnam's index of industrial production (IIP) grew 10.4 percent in the first two months of this year, according to a report released by the National Statistics Office (NSO) on Friday.In February alone, the IIP fell 18.5 percent from the previous month but rose 1 percent year on year, said the

China's fiscal funding scale will reach a record high in 2026, the country's finance minister said on Friday.Speaking at a press conference on the economy during the fourth session of the 14th National People's Congress, Finance Minister Lan Fo'an said three key fiscal indicators will all reach new

The "youth economy," "emotional consumption" and "youth-run stores" have become hot topics at this year's local "two sessions," the annual meetings of provincial-level lawmakers and political advisors, across China.For the first time, the youth economy was mentioned in the government work report of

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.