Profit growth of China’s industrial firms quickened in the first quarter as the country rolled out a pro-growth policy mix to cope with complicated global challenges and resurgences of COVID-19 infections. As early as December, Chinese policymakers concluded that its economy would be under “the triple pressure of shrinking demand, supply impact and weakening expectations” and made coordinated policy arrangements. …

BEIJING: Chinese Premier Li Keqiang on Wednesday called for solid efforts to ensure stable employment and economic performance. Chairing a State Council executive meeting, Li also stressed clearing obstacles to coordinate smooth logistics with epidemic control. The meeting noted that keeping employment stable is a key underpinning for keeping major economic indicators within an appropriate range, and urged measures to …

BEIJING: Chinese President Xi Jinping sent a congratulatory letter to the First Innovation Exchange Conference for Craftsmen of the Nation, which opened in Beijing on Wednesday. Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, called for contributing wisdom and strength to high-quality development and the implementation of the …

Beijing vows to support Pakistan in fighting against ‘common scourge’ of terrorism A Chinese foreign ministry spokesperson on Wednesday said that “ironclad friendship” between China and Pakistan was unbreakable and any attempt to undermine the bilateral cooperation, mutual trust and China-Pakistan Economic Corridor (CPEC) would not succeed. Wang Wenbin made these remarks during his regular briefing in response to questions …