The Economic Daily was established in 1981 as a successor to the former China Financial and Trade Post.
Media assets
Publishing: Economic Daily, China Flower & Gardening News, Spotlight Times, China Fashion News, Securities Daily, China Building Materials News, China Fashion Weekly, China Entrepreneur (bimonthly), China Economic Information (bimonthly), Economy (monthly), China Textile News
State Media Matrix Typology: State-Controlled (SC)
Ownership and governance
Information from local experts and journalists interviewed for this report in March 2024 indicates that the Economic Daily is operated by the Central Committee of the Chinese Communist Party. On occasion, local media outlets have made references to the ownership links of the aforementioned publication.
Source of funding and budget
The Economic Daily generates the majority of its funding from ad sales, with over 50% of its budget coming from government sources, according to local experts and journalists interviewed for this report in March 2024. There is no publicly available data regarding the Economic Daily’s revenue.
Editorial independence
The Economic Daily is subject to close control by the Communist Party Central Committee, which plays a direct role in determining its editorial agenda.
There is currently no legislation in place, nor an independent assessment or oversight mechanism, to validate the independence of the Economic Daily.
September 2024