
China Bolsters Private Sector Confidence with New Measures
China is boosting confidence in its private sector with new policies and measures, promoting high-quality development and strengthening the economy.
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China is boosting confidence in its private sector with new policies and measures, promoting high-quality development and strengthening the economy.
China’s economy remained stable in the first half of 2024, expanding by 5% to reach 61.68 trillion yuan, aligning with the government’s annual target, according to the National Bureau of Statistics.
China’s economy remains steady in the first half of 2024, growing by 5% to reach 61.68 trillion yuan ($8.49 trillion), aligning with government targets, according to the National Bureau of Statistics.
China’s economy grew by 5% in the first half of 2024, reaching 61.68 trillion yuan, according to the National Bureau of Statistics, signaling steady progress amid global economic challenges.
Tesla’s second Gigafactory in Shanghai began construction on May 23, 2024, highlighting China’s ongoing efforts to attract foreign investment and Elon Musk’s commitment to the Chinese mainland market.
China’s economy doubled from 59 trillion yuan in 2013 to 126 trillion yuan in 2023, solidifying its position as the world’s second-largest economy and driving global growth despite challenges.
Despite a dip in FDI, foreign investors remain confident in China’s market as the nation advances reforms and modernization, according to data from the Ministry of Commerce.
China’s yuan-denominated loans rose by 13.27 trillion yuan in H1 2024, signaling strong economic momentum. M2 money supply grew 6.2%, while manufacturing investment booms support credit growth.
Professor Horst L\u00f6chel from the Frankfurt School of Finance and Management emphasizes that enhancing competitiveness is essential for mutually beneficial trade amidst the EU’s tariff measures against Chinese electric vehicles.
Trade between China and ASEAN reached 3.36 trillion yuan in the first half of 2024, with palm oil imports from Malaysia playing a key role. Discover how their partnership is advancing green development initiatives.
The EU accuses Elon Musk’s social media platform X of breaching online content regulations, potentially leading to significant fines and operational changes under the Digital Services Act.
China’s foreign trade grew by 6.1% in the first half of 2024, reaching a record high of 21.17 trillion yuan ($2.9 trillion), according to the General Administration of Customs.
China’s growing visa-free policies have led to a surge in international tourism, with over 14.6 million inbound trips in the first half of this year, marking a 152.7% increase.
New data shows China’s CPI rose by 0.2% in June, reflecting price stability amid a resilient economic recovery. Food and non-food prices showcased dynamic trends, underscoring robust economic operations.
China’s CPI rose 0.2% in June as non-food prices and service sector demand boosted price stability, reflecting a robust economic recovery amid global uncertainties.
The 8th China-South Asia Expo begins on July 23 in Kunming, aiming to boost trade and cooperation between China and South Asian and Southeast Asian countries, with over 2,000 enterprises participating.
The eighth China-South Asia Expo, opening on July 23 in Kunming, is set to boost trade cooperation and people-to-people exchanges between China and South Asian and Southeast Asian countries.
Set to begin on July 23 in Kunming City, the 8th China-South Asia Expo aims to boost trade cooperation and foster exchanges between China and South and Southeast Asian countries, with over 2,000 enterprises participating.
China’s NEV sales surged by 32% in the first half of 2024 to 4.94 million units, highlighting the nation’s rapid shift towards sustainable transportation and its influence on the global automotive industry.
China leaps from 29th to 12th in the Global Innovation Index over a decade, becoming the only middle-income economy among the top 30, showcasing its growing innovation capabilities.