Yujing Liu

Beijing

Reporter at Bloomberg News

China economy reporter @business, previously @SCMPNews. [email protected]. Opinions are my own.

Articles

China Will Ramp Up Stimulus If Growth Falters, PBOC Adviser Says

4 weeks ago | bloomberg.com | Stephen Engle |Yujing Liu

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
China Adviser Urges Boosting Consumption to 70% of GDP by 2035

1 month ago | bloomberg.com | Dan Murtaugh |Wenjin Lv |Yujing Liu

China should raise consumption to a level close to those of developed countries in the next decade, a government adviser said, adding to calls to rebalance the world’s second-largest economy away from investment and export. Peng Sen, president of the China Society of Economic Reform, said Tuesday authorities should make efforts to boost consumption as a share of gross domestic product to 70% by 2035 from about 55% currently.
China’s inflation drops below zero for first time in a year

1 month ago | afr.com | Yujing Liu

Mar 9, 2025 – 3.33pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Beijing | China’s consumer inflation dropped below zero for the first time in 13 months, a reading skewed by seasonal distortions but also a reminder of persistent deflationary pressures in the economy.
China Steps Up Support for Tech Sector as AI Enthusiasm Soars

1 month ago | bloomberg.com | Andrew Monahan |Yujing Liu

China is planning to increase support for its technology companies as the sector makes rapid advances in artificial intelligence. A new bond platform will be created to help tech firms issue debt onshore and use the proceeds for innovation, project financing, and mergers and acquisitions, People’s Bank of China Governor Pan Gongsheng said at a briefing Thursday. China will also expand a tech industry re-lending program to as much as 1 trillion yuan ($138 billion) from 500 billion yuan, he said.
China Signals It Has Policy Space to Counter Impact of Tariffs

1 month ago | bloomberg.com | James Mayger |Yujing Liu |Fran Wang

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Xi’s Growth Goal Will Need Big Stimulus If Trade War Escalates

1 month ago | bloomberg.com | John Liu |Yujing Liu

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
Corporate Green Power Procurement and Application: China’s Market Progress and Outlook

1 month ago | rmi.org | Shuo Gao |Yi Jiang |Yujing Liu |Jun Xie

2024 Annual Report By Shuo Gao, Yi Jiang, Yujing Liu, Jun Xie Download the report below Ongoing power market reforms and improvements to green power procurement mechanisms have continued to boost China’s green power market. This rapid expansion has strengthened the foundation for corporations to leverage green power and Green Electricity Certificates (GECs) to meet both domestic and international compliance requirements. The report evaluates five green power procurement options within the...
China’s economy loses steam ahead of new year holiday

2 months ago | afr.com | Yujing Liu

Beijing | China’s factory activity unexpectedly slowed ahead of China’s Lunar New Year holiday and the services sector cooled, signs stronger fiscal stimulus is needed even after a recent stimulus push. The official manufacturing purchasing managers’ index fell to 49.1, the lowest since August, missing economists’ forecast for a modest expansion. The non-manufacturing gauge for construction and services dropped to 50.2, just above the 50-mark that separates growth and contraction. Loading...
China’s Finance Ministry Vows Greater, Faster Spending in 2025

Dec 23, 2024 | bloomberg.com | John Liu |Yujing Liu

China’s finance ministry reaffirmed it will increase public spending with a greater focus on boosting consumption to support the economy next year, ahead of growth headwinds from looming US tariffs. China will “expand the magnitude of fiscal spending and accelerate the spending pace,” according to a statementBloomberg Terminal published Tuesday following a two-day national conference held by the Ministry of Finance on fiscal work in 2025.
China Shifts Monetary Policy Stance for First Time Since 2011

Dec 9, 2024 | bloomberg.com | Josh Xiao |Yujing Liu

China’s top leaders shifted their stance on monetary policy for the first time in some 14 years, as policymakers gird themselves for a second trade war when Donald Trump returns to the White House next month. The Politburo, comprising the ruling Communist Party’s most senior 24 officials and led by President Xi Jinping, announced it will embrace a “moderately loose” strategy next year, in a sign of greater easing ahead that will likely be welcomed by investors hungry for more stimulus.