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Industrial output grows at slow pace

CHINA’S industrial output grew at a slower pace at 4.8 percent year on year in July, reversing the recovery in June, data from the National Bureau of Statistics showed yesterday. Despite fluctuations ...

August 15, 2019, Thursday

High-tech investments propel FDI to 7.3%

FOREIGN direct investment, a key yardstick to measure an economy’s potential, rose in China in the first seven months of the year with improved quality, thanks to China’s dedication to further opening-up. ...

August 14, 2019, Wednesday

Mounting fruit and egg prices push consumer inflation to 15-month high

CHINA’S consumer inflation extended last month’s rise to hit a 15-month high, while factory-gate inflation slowed slightly. The Consumer Price Index, the main gauge of inflation, grew 2.7 percent in May ...

June 13, 2019, Thursday

Nation’s foreign exchange reserves rebound

CHINA’S foreign exchange reserves expanded slightly to US$3.1 trillion at the end of May, up 0.2 percent from the end of April. The reading marked the highest level in nine months and a rebound after ...

June 11, 2019, Tuesday

Steady growth on economy into 2018

CHINA’S manufacturing activity edged down in December, official data showed yesterday, but largely maintained momentum despite curbs on heavy industry aimed at taming the country’s chronic air pollution. The ...

June 7, 2019, Friday

Report reveals US trade deficit overstated, economy benefits

CHINA-US trade has been mutually beneficial, with America reaping substantial benefits from bilateral economic and trade cooperation, China’s Ministry of Commerce said yesterday in a research report. “China-US ...

June 7, 2019, Friday

Domestic consumption will drive economic growth

CHINA’S economy has enough support to maintain stable, healthy and sustainable development, Chinese President Xi Jinping told Russian media yesterday. Xi made the remarks during a joint interview with ...

June 6, 2019, Thursday

Manufacturing stable, with orders higher

CHINESE manufacturing activity remained stable in May with the purchasing managers’ index in positive territory for the third consecutive month, according to Caixin’s latest report released yesterday. ...

June 4, 2019, Tuesday

Net forex settlement by banks hits US$11b

CHINA’S commercial banks saw a net forex settlement deficit of 73.7 billion yuan (US$11 billion) in April, the country’s forex regulator said yesterday. This widened from a deficit of 41.2 billion yuan ...

May 21, 2019, Tuesday

Economy stable over first 4 months

CHINA’S economic growth moderated in April but was stable over the first four months with steady production growth in the service sector, according to the National Bureau of Statistics. The service production ...

May 16, 2019, Thursday



 

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