China’s GDP Grows 5% in First Half of 2024, Indicating Economic Recovery
China’s GDP grew by 5% year-on-year in the first half of 2024, signaling a positive trend of economic recovery, according to the National Bureau of Statistics.
China Economy
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China’s Industrial Transformation Drives High-Quality Development
China’s focus on supply-side structural reforms has strengthened its primary, secondary, and tertiary industries, fostering balanced and high-quality economic development.
China’s Economy Maintains 5% Growth in H1 2024, Reaches 61.68 Trillion Yuan
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 Economic Strength Fuels Global Growth Amid Challenges
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.
Foreign Investors Remain Confident Amid China’s Modernization Efforts
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 Loans Surge by 13.27 Trillion Yuan in First Half of 2024
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.
China’s Economy Maintains Price Stability Amid Robust Recovery
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.
How the CPC Engineered China’s Economic Transformation
The Communist Party of China’s strategic leadership has driven China’s rise from poverty to global economic powerhouse, fostering innovation and sustainable growth.
China’s June Manufacturing PMI Holds Steady at 49.5, Recovery Momentum Awaits Boost
China’s Manufacturing PMI remained at 49.5 in June, unchanged from May, highlighting steady manufacturing activity but emphasizing the need to consolidate recovery momentum amid insufficient market demand.
Global Institutions Raise China’s Economic Growth Forecasts for 2024
International organizations like the IMF and World Bank have raised their forecasts for China’s economic growth in 2024, expressing optimism about the country’s robust economic prospects.
China’s Economic Growth Prospects Discussed by Global Experts
Global experts discuss China's economic growth prospects and its impact on global growth in 2024.
China’s Industrial Profits Rise 3.4% in First Five Months
China’s major industrial firms saw profits rise by 3.4% year-on-year in the first five months, reaching 2.75 trillion yuan, with equipment manufacturing leading the growth, according to the NBS.
Summer Davos 2023: China’s Opening-up Offers Global Development Opportunities
Summer Davos 2023 in Dalian highlights China’s commitment to high-level opening-up, offering global development opportunities and fostering collaboration amid economic challenges.
Premier Li Qiang: China’s Economic Reforms Unlock New Opportunities for Global Enterprises
Chinese Premier Li Qiang announced at the Summer Davos Forum that China’s economic reforms are creating new opportunities for global enterprises, inviting foreign businesses to participate in the country’s growth.
Global Leaders Praise China’s High-Quality Development at 2024 Summer Davos
Global leaders at the 2024 Summer Davos expressed strong confidence in China’s high-quality development following Premier Li Qiang’s keynote speech in Dalian.
China Unveils New Measures to Boost Consumer Spending and Economic Growth
China has announced comprehensive measures to stimulate consumer spending and boost economic growth, focusing on sectors like automobiles, catering, tourism, and elderly care.
China’s Vital Role in Global Economic Stability Highlighted by WEF Greater China Chair
WEF Greater China Chair Chen Liming highlights China’s crucial role in stabilizing the global economy, noting raised forecasts and contributions amid international turbulence.
China’s Key Industries See Rapid Expansion in May: NDRC Reports
China’s key industries showed significant growth in May, with rapid expansion in industrial production, exports, and domestic demand, according to the National Development and Reform Commission (NDRC).
Xi Jinping Emphasizes High-Quality Development in Upcoming Qiushi Journal Publication
An article by Xi Jinping on China’s high-quality development will be published in Qiushi Journal, emphasizing the nation’s strategic shift towards sustainable and better growth.
China’s New Yuan Loans Reach 11.14 Trillion Yuan in First Five Months of 2024
China’s banks extended 11.14 trillion yuan ($1.54 trillion) in new loans from January to May 2024, reflecting efforts to stimulate economic growth. The People’s Bank of China reports significant rises in money supply indicators.