Economy


Economy stays on path of recovery

CHINA’S economy continued to recover in July, but the growth for industrial output and retail sales slowed due to new COVID-19 outbreaks and natural disasters in some regions as well as increased uncertainties ...

August 17, 2021, Tuesday


Inflation in July steady amid virus, dire floods

China managed to keep prices of staple goods and production materials stable in July despite a resurgence of COVID-19 cases and severe floods that disrupted economic activities, official data showed yesterday. The ...

August 10, 2021, Tuesday


PMI slows but expands in extreme July weather

China’s manufacturing activity continued to expand in July as its economic recovery sustained momentum, official data showed on Saturday. The purchasing managers’ index for China’s manufacturing sector ...

August 2, 2021, Monday


China GDP up 18.3% on year in Q1

CHINA’S economy grew 18.3 percent year on year in the first quarter of 2021, as strong domestic and foreign demands powered recovery from a low base in early 2020 when COVID-19 stalled the world’s second-largest ...

April 19, 2021, Monday


IMF sees China growing by 8.4%

THE International Monetary Fund raised its 2021 growth forecast for China to 8.4 percent yesterday, as it projected a stronger global rebound from the pandemic but warned of “divergences in the speed ...

April 7, 2021, Wednesday


Plans for future industries in place

Four years ago, Peng Xiaobo, who had been engaged in the research, development and management of spacecraft technology for 25 years, established the Beijing Interstellar Glory Space Technology Co, to pursue...

February 22, 2021, Monday


November CPI slides into negative territory

CHINA’S consumer inflation fell below market expectations in November as pork prices dropped further, while the year-on-year decline in factory-gate inflation narrowed. The Consumer Price Index, a main ...

December 10, 2020, Thursday


Caixin: Factory activity fastest in a decade

ACTIVITY in China’s factory sector accelerated at the fastest pace in a decade in November, a business survey showed, the latest sign that the world’s number two economy is well on track to recovery from ...

December 2, 2020, Wednesday


Factory activity, services in China hit multi-year high

CHINA’S factory activity expanded at the fastest pace in more than three years in November, while growth in the services sector also hit a multi-year high, as the country’s economic recovery from the ...

December 1, 2020, Tuesday


Economic recovery speeds up in Q3

CHINA’S economy powered ahead in the third quarter, data showed yesterday, building on a strong recovery from coronavirus lockdowns, while the country’s crucial army of consumers picked up their spending ...

October 20, 2020, Tuesday




 

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