SCIO Briefs Media on China’s April Economic Performance
The State Council Information Office of China held a press conference on the national economic performance for April, with Liu Aihua from the National Bureau of Statistics addressing the media.
China Economy
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Foreign Enterprises Boost Investment in China’s Growing Market
Foreign-funded enterprises are increasingly optimistic about China’s economic prospects, with new investments rising significantly. High-tech industries and emerging sectors like new energy vehicles are attracting foreign capital.
PBOC Reports Balanced and Effective Q1 Monetary Policy Boosting Economic Recovery
The People's Bank of China reports a balanced and effective monetary policy execution in Q1, fostering economic recovery with measures ensuring sufficient liquidity and reduced financing costs.
Hangzhou Lifts All Restrictions on New Housing Purchases
Hangzhou has lifted all restrictions on new housing purchases, allowing more individuals to buy property and apply for permanent residence, in a move aimed at stimulating economic growth.
China’s Holiday Spending Surges: AI Reveals Recovery Trends
China’s Labor Day Holiday spurred a significant surge in consumer spending and tourism, both domestically and internationally. AI data reveals key recovery trends influencing the global economy.
Labor Day Travel Trends Boost China’s Economy
China’s thriving holiday economy sees a remarkable surge during Labor Day, with travel trends boosting economic growth and highlighting shifts in consumer behavior.
China’s Q1 2024 Growth Surpasses Expectations with 5.3% Rise
China’s economy grew by 5.3% in the first quarter of 2024, exceeding market expectations and indicating a potential rebound. Growth was fueled by expansionary monetary and fiscal policies.
China’s Factory Activity Continues Expansion in April Amid Ongoing Recovery
China’s manufacturing PMI remained in expansion at 50.4 in April, signaling ongoing recovery as industrial activity continues to grow.
Hebei Governor Wang Zhengpu Accelerates High-Quality Development in New Era
At a press conference held by China’s SCIO, Hebei Governor Wang Zhengpu outlined plans for high-quality development, emphasizing innovation, sustainability, and regional collaboration to boost the province’s growth in the new era.
China’s Sci-Fi Industry Surpasses 100 Billion Yuan Mark in 2023
China’s sci-fi industry reached a milestone in 2023, generating over 100 billion yuan in revenue, marking a significant 29.1% growth year-on-year, according to a recent industry report.
Debunking Misconceptions About China’s Industrial Overcapacity
An in-depth look at misconceptions surrounding China’s industrial capacity, exploring the realities behind claims of overcapacity and its impact on the global economy.
Xi Jinping’s Chongqing Visit: Boosting Trade and Urban Development
Chinese President Xi Jinping’s recent visit to Chongqing highlights efforts to boost the New International Land-Sea Trade Corridor, urban renewal, and modernization of city governance.
Liaoning Province Sets Vision for High-Quality Development and Revitalization
Governor Li Lecheng outlines Liaoning Province’s ambitious plans for high-quality development and full revitalization during a State Council Information Office press conference.
CGTN Launches ‘BizFocus’ to Spotlight China’s Vibrant Business Sectors
CGTN has introduced ‘BizFocus,’ a new series delving into China’s dynamic economy and business landscape through in-depth interviews and on-the-ground coverage.
China’s Q1 Economy Strengthens with Stable Operations and Record Trade Growth
China’s economy showed robust growth in the first quarter, with stable business operations and record trade volumes, according to Vice Commerce Minister Guo Tingting.
Global Spotlight on China’s Production Capacity Amid Overcapacity Discussions
Media attention turns to China’s production capacity as discussions on potential overcapacity attract worldwide interest.
CICPE Highlights Hainan Free Trade Port’s Bright Future
The China International Consumer Products Expo (CICPE) in Hainan showcases China’s commitment to global openness and economic development, highlighting the potential of the Hainan Free Trade Port.
China’s NDRC Denies High Export Volume Indicates Overcapacity
China’s National Development and Reform Commission (NDRC) states that high export volumes do not signify overcapacity. Official Jin Xiandong highlighted that supply-demand imbalances are common and promote competition.
Global Observers Express Confidence in China’s Economic Growth Amid 5.3% GDP Surge
China’s GDP expanded by 5.3% in Q1 2024, exceeding expectations. International observers express renewed confidence in China’s economic outlook and its impact on global growth.
China’s Q1 Economic Growth Exceeds Expectations, Says NDRC
China’s economy surpassed expectations in Q1, with optimized structure and stable employment fueling improved market confidence, according to the NDRC’s deputy head, Liu Sushe.