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China has conditions to achieve goal of creating 12m jobs this year: ministry

China ramps up drafting of policies on consumption recovery, with auto, housing sectors in focus

China is speeding up its drafting of policies to further promote the domestic consumption recovery and expansion, the National Development and Reform Commission (NDRC) said on Wednesday, after the world’s second-largest economy is off to a good start in its economic recovery with better-than-expected performance in the first quarter.

Chinese economists upbeat about Q1 GDP data after better-than-expected March indicators

Ahead of China s release of its first-quarter economic data, experts gave generally optimistic estimates of 4-4.5 percent GDP growth, citing a decent consumption rebound and strong fixed-asset investment in March.

China won t tread path of Western modernization, which features polarization, plunder: Xi

Chinese President Xi Jinping has stressed that China will remain steadfast in comprehensively deepening reform and expanding high-standard opening-up, while also emphasizing that Chinese modernization is essentially different from Western modernization, which has features such as polarization and plunder, according to the Xinhua News Agency on Thursday.

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