Founded in Beijing on January 1, 1983, the newspaper is managed by the Central Propaganda Department of the Chinese Communist Party.

[4] In March 2018, Economic Daily won the Third National Top 100 Newspapers in China.

[7][8] On January 28, 1993, Economic Daily published an article entitled Can Water Really Become Gasoline?

[11][12] However, the water-to-gasoline technology (水变油技术) was later deemed a hoax and pseudoscience,[13] and in 1998, its initiator, Wang Hongcheng, was sentenced to 10 years in prison.

[15] It is managed by the Central Propaganda Department of the Chinese Communist Party.