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Economy

As local governments are set to phase out subsidies for international flights to smaller cities amid stretched budgets and market turbulence, airlines face new challenges in getting new routes off the ground

As the low-altitude economy is prioritized as a new driver of regional economic growth, local governments are trying to seize the opportunity. However, experts warn against a headlong rush into the nascent sector, which will take decades to develop fully

China is seeking to attract private investment in infrastructure to boost economic efficiency and address fiscal constraints. However, progress has been slower in the railway sector, where mixed results highlight challenges down the tracks

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Along with fast development of rocket technologies, space tourism is attracting investment. But affordability depends on developing the most advanced technologies and reusable hardware

After years of rapid expansion, retail pharmacy chains are facing shrinking profits. To survive, they must urgently diversify and upgrade their business models

As oil-rich Middle Eastern countries seek to diversify their economies, Chinese medical instrument firms are finding new opportunities and challenges in the region’s markets