China's factory activity contracted for the 10th straight month in December, and at a sharper pace than in November, a private survey showed, dampening hopes that the world's second-largest economy will enter 2016 on steadier footing.

China’s central bank reiterated that it will aim for stability in the yuan as it seeks to promote exchange-rate reform and maintain prudent monetary policy.

Chinese leaders approved an economic blueprint for next year that emphasizes tackling long-term problems and reflects a realization that debt and investment can no longer power the world’s second-largest economy.

China's top leaders have started an annual meeting to map out economic and reform plans for 2016, state media reported on Friday.

As the labor supply declines and labor cost increases, China must strengthen the supply front to really create new supply and efficiency dividends through reform. Reform on the supply front requires the improvement of capital-formation efficiency for the next five years.

China’s economy, already in the midst of a half-decade deceleration, won’t arrest its downward trajectory until at least 2018.

The first Chief Executive of the Hong Kong Special Administrative Region (SAR) C.H. Tung argues that the success of the modern day China is not accidental. While globalization certainly contributed to China’s rapid growth and prosperous development, what Tung describes as "China miracle" is a result of the country’s efforts to ensure a smooth leadership transition, enact sound policies, as well as of the expansion of freedom that liberated the entrepreneurial and innovative spirit of its citizens.

Last month, China’s leaders revealed details of the 13th Five-Year Plan, which will guide the economy’s trajectory until 2020. Gone are the directives to expand industrial production at a breakneck pace that characterized previous five-year plans. Now, the focus is on achieving sustainable long-term growth, underpinned by domestic consumption, a stronger services sector, entrepreneurship, and innovation.

The International Monetary Fund on Monday is adding the Chinese yuan to the basket of elite currencies comprising its lending reserve, marking a milestone in the country’s ascendancy as a global economic power.

With its economy slowing down, China is re-inventing itself as the next Startup Nation. A new report by UHY International, an accounting and consultancy firm based in London, unveiled data showing China is in pole position when it comes to entrepreneurship, spawning 4,000 new businesses a day.