Type | Daily newspaper |
---|---|
Owner(s) | Central Propaganda Department of the Chinese Communist Party |
Founder(s) | State Council |
Founded | January 1, 1983 |
Political alignment | Chinese Communist Party |
Language | Chinese |
Headquarters | 2 Baizhifang East Street, Xicheng District, Beijing |
Website | www |
The Economic Daily (Chinese: 经济日报) is a Chinese state-owned newspaper focusing on economic reports. Founded in Beijing on January 1, 1983,[1] the newspaper is managed by the Central Propaganda Department of the Chinese Communist Party.[2]
In 1984, Deng Xiaoping wrote an inscription for the Economic Daily.[3]
In October 2020, the United States Department of State designated the Economic Daily as a foreign mission of China.[4][5]
On January 28, 1993, Economic Daily published an article entitled Can Water Really Become Gasoline? —— A Record of Private Entrepreneur Wang Hongcheng and His Invention (水真能变成油吗?——记民营企业家王洪成与他的发明).[6] The article, written by Economic Daily reporters Wu Hongbo (吴红博) and Liu Donghua (刘东华),[7] praised the "invention" of Wang Hongcheng (王洪成) for transforming water into gasoline as "China's fifth greatest invention" (中国第五大发明) after the traditional Four Great Inventions.[8][9] However, the water-to-gasoline technology (水变油技术) was later deemed a hoax and pseudoscience,[10] and in 1998, its initiator, Wang Hongcheng, was sentenced to 10 years in prison.[11]