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China's AI push shaping a burgeoning 'smart economy'

March 10, 2026 2026-03-10

With a draft outline of the 15th Five-Year Plan under examination and discussion by China's top legislature and political advisory body at their ongoing annual sessions, the new development roadmap is set to shape the country's pathways toward a modernization that stands out in how it interacts with nature.
March 10, 2026 2026-03-10
U.S. stocks ended higher on Monday, recovering from early session heavy losses, as indications of a potential swift conclusion to the ongoing U.S.-Israeli strikes on Iran triggered a sharp pullback in global oil prices.
March 10, 2026 2026-03-10
​Japan's benchmark Nikkei stock index lost over 2,800 points on Monday, marking the third largest point drop in history.
March 10, 2026 2026-03-10
​South Korean stocks on Monday suffered a massive sell-off amid escalating Middle East conflict and surging global oil prices.
March 10, 2026 2026-03-10
The Japanese government has instructed its national oil reserve storage sites to prepare for a possible release of crude oil, as the U.S.-Israeli attack on Iran has cut supply from the Middle East, local media reported Monday.
March 10, 2026 2026-03-10
​Major European stock markets fell in early trading on Monday as escalating tensions in the Middle East pushed up global energy prices and heightened concerns over inflation and economic outlook.
March 10, 2026 2026-03-10
​The number of corporate bankruptcies in Japan rose 11.3 percent in February from a year earlier to 851, the highest level for the month in 13 years, as businesses continued to face pressure from labor shortages and rising prices, local media reported Monday.
March 10, 2026 2026-03-10
China's consumer price index (CPI), a main gauge of inflation, rose 1.3 percent year on year last month, driven by the effects of the Spring Festival holiday, official data showed on Monday.
March 9, 2026 2026-03-09
China will raise its retail prices of gasoline and diesel from Tuesday, following a sharp rise in international oil prices, the country's top economic planner said on Monday.
March 9, 2026 2026-03-09
National political advisor Zhang Yi has proposed a new concept he calls the "happiness economy," a market he believes is already worth more than 1 trillion yuan ($145 billion) and has significant potential to boost consumption.
March 9, 2026 2026-03-09
China has been committed to safeguarding the order of the capital market and promoting its high-quality development, according to a work report of the Supreme People's Court on Monday.
March 9, 2026 2026-03-09
China will step up efforts to build a clean, low-carbon, safe, and efficient energy system during its 15th Five-Year Plan period (2026-2030), advancing wind, solar, hydroelectric, and nuclear power while launching a 10-year initiative to double non-fossil energy.
March 9, 2026 2026-03-09
Hunan province is reinforcing its role as a major economic powerhouse, driven by advances in manufacturing, technological innovation and opening up. In 2025, the province's GDP reached 5.53 trillion yuan ($792 billion), highlighting solid progress in high-quality development.
March 9, 2026 2026-03-09
China saw continued improvement in factory-gate prices last month, with the decline in its producer price index (PPI) continuing to narrow, according to official data on Monday.
March 9, 2026 2026-03-09
Guixi Smelter is affiliated with Jiangxi Copper Co., Ltd. (Jiangxi Copper), the largest copper producer in China. Guixi alone accounts for about 10 percent of the country's electrolytic copper output.
March 9, 2026 2026-03-09
​The United States lost 92,000 jobs in February, according to data released Friday by the Bureau of Labor Statistics, signaling potential weakness in the U.S. economy.
March 9, 2026 2026-03-09
China will expand domestic demand by boosting consumption and investment, while building a modernized industrial system this year, the country's top economic planner said Friday on the sidelines of the fourth session of the 14th National People's Congress.
March 8, 2026 2026-03-08
​China's Ministry of Commerce on Saturday said that the recent actions of Nexperia, a Dutch-headquartered semiconductor firm owned by China's Wingtech, have severely disrupted normal business operations, warning that the Dutch side must bear full responsibility should these measures trigger another crisis in the global semiconductor industry and its supply chains.
March 8, 2026 2026-03-08
​As 2026 marks the opening year of China's 15th Five-Year Plan period, the country's economic outlook is drawing close global attention.
March 8, 2026 2026-03-08
The gross domestic product (GDP) growth target set by the draft outline of China's 15th Five-Year Plan (2026-2030) has fully reflected a distinct orientation toward high-quality development by embedding quantitative requirements within a qualitative framework, an official said Saturday.
March 7, 2026 2026-03-07
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