Ouyang Shijia

3 weeks ago | chinadaily.com.cn | Ouyang Shijia

China is making strategic moves to secure long-term sustainable growth by doubling down on innovation, with a sharpened focus on emerging fields such as artificial intelligence, said Ben Simpfendorfer, a partner at consultancy Oliver Wyman. "China is making all the right moves to secure long-term sustainable growth," Simpfendorfer said during an exclusive interview with China Daily. "The country is turning from the world's factory to the world's innovation hub.

1 month ago | chinadaily.com.cn | Ouyang Shijia

China is on track to meet its 2025 growth target, with the economy expected to expand by 5 percent annually, given its continued recovery, a raft of stimulus measures, blossoming emerging industries, and gradual rebound in demand, an expert on economic policy said.

1 month ago | chinadailyhk.com | Ouyang Shijia

Economy to retain recovery as figures reveal early boost to hit growth targetChina’s retail sales and investment growth accelerated in the January-February period, official data showed on March 17, signaling a strong start to the year and offering an early boost for the country’s goal of achieving an annual growth target of around 5 percent. Officials and economists said the better-than-expected demand and supply performance indicates the economy gained steam in the first two months.

1 month ago | chinadaily.com.cn | Ouyang Shijia

Chinese home furnishings maker Arrow Home Group is accelerating its international expansion, betting on smart technology and localized innovation to capture growing demand in key global markets, including the United States and Europe, as well as emerging markets like Southeast Asia.

1 month ago | chinadaily.com.cn | Ouyang Shijia

Faced with structural issues at home and mounting external uncertainties, China should put in place a mix of macroeconomic and industrial policies, alongside meaningful reforms, to spur effective demand, stabilize the property market, accelerate the shift from old growth drivers to new ones, and raise the nation's total factor productivity, economists said.