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Luna Sun
Luna Sun
Beijing
@sunyue_luna
Reporter, Politcal Economy
Luna Sun joined the Post in 2021, covering China’s economy and social issues. She has previously covered local news and human interest stories in Indiana and New York City before returning to Beijing.
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Institute of Finance and Banking under the Chinese Academy of Social Sciences says the fund would enhance the stability of the capital market and promote steady growth.

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President Xi Jinping says China’s economic and technological development zones should focus on modernisation, innovation and internal dynamism.

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Chinese travellers and tourists spent 700.82 billion yuan during the just-ended holiday week – a 7.9 per cent increase from the same period in pre-pandemic 2019.

Jiaxing, a city in eastern China’s Zhejiang province, says it is ‘crucial to remain vigilant regarding the risk of leading enterprises relocating’.

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Pressures facing China, including from capital outflows, could be allayed by start of US Federal Reserve’s rate-cutting cycle, but real stabilisation will take much more.

The use of foreign domestic helpers in China to lower the costs of child care, mirroring a move by South Korea, would not do much for the declining birth rate, analysts say.

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From drone deliveries and surveillance to flying cars and tourism, technology for manned and unmanned aviation applications is being rapidly embraced across China.

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A robotics conference has put China’s humanoid robot industry in the spotlight, with new incentives and investment driving market growth and pushing the technology forward.

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