Economy


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


Golden Week holiday adds fuel to economic recovery

CHINA’S eight-day Golden Week holiday has reflected the country’s impressive recovery and its economic bounce back from the COVID-19 epidemic, with more than half a billion people on the move for a long-awaited ...

October 9, 2020, Friday


World Bank predicts China economy to grow by 2%

CHINA’S economy is expected to grow by 2 percent in 2020, up from the 1 percent growth projection released in June, the World Bank said yesterday. The growth will be boosted by government spending, strong ...

September 30, 2020, Wednesday


July CPI jumps 2.7% on higher food prices

CHINA’S consumer inflation accelerated for the second straight month in July on the back of higher food prices, official data showed yesterday. Consumer price index, the main gauge of inflation, grew ...

August 11, 2020, Tuesday




 

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