News & Insights Across Asia
China and Kenya are strengthening infrastructure cooperation ahead of the FOCAC summit in Beijing. Discussions highlight the enduring China-Africa friendship and opportunities for modernization and growth.
China has experienced a 129.9% surge in foreign visitors, reaching 17.25 million in the first seven months of the year. This influx has boosted the economy by over 100 billion yuan, as per the National Immigration Administration.
China’s latest economic indicators for July show signs of stability and growth, with increases in industrial output, consumer spending, and international trade, highlighting steady progress in development.
Growing urban demand is propelling high-quality development in China’s property sector, fueling economic growth and transforming urban landscapes across the Chinese mainland.
China will accelerate improvements to its central bank system and promote high-quality financial development, according to PBOC Governor Pan Gongsheng in an exclusive interview.
China’s value-added industrial output expanded 5.1% year on year in July, official data showed Thursday, highlighting ongoing growth and resilience in the country’s industrial sector.
Brazil and China celebrate 50 years of diplomatic relations, reflecting on significant developments and looking forward to even greater growth in the years ahead.
China’s courier sector surpasses 100 billion parcels in 2024, reaching the milestone 71 days earlier than last year, highlighting a booming consumer market and record-breaking logistics performance.
Service consumption has become a new engine for China’s economic growth in the first half of 2024, with the service industry’s contribution to GDP surpassing 50 percent and retail sales of services surging.
Sales of China’s new energy passenger vehicles surged by 36.9% in July, reaching 878,000 units. Exports also climbed, signaling growing global recognition of Chinese-made brands.
China’s leadership adopts cautious reforms to bolster economic growth amid global challenges, shifting focus toward boosting consumer spending and rebalancing the economy for sustainable development.
China’s foreign trade reached 24.83 trillion yuan in the first seven months, up 6.2%, driven by strong domestic demand, advanced manufacturing, and a rebound in global trade, according to GAC data.
With the sports industry experiencing rapid growth globally, it offers new dynamics for economic prosperity and societal well-being.
China unveils a comprehensive plan to boost high-quality development of its service sector, aiming to meet growing consumer demand and stimulate economic growth.
China’s marine economy grew by 5.6% in the first half of the year, reaching 4.9 trillion yuan, outpacing overall economic growth, according to the Ministry of Natural Resources.
Since the Beijing-Tianjin Intercity Railway opened in 2008, China’s high-speed rail has expanded rapidly, fostering economic and social development within the country and internationally.
Colombian businesses are increasingly investing in Chinese imports, challenging the U.S. as Colombia’s primary trading partner. Entrepreneurs are building new ventures, strengthening ties across the Pacific.
China’s economic growth experienced a mild slowdown in July due to seasonal factors and extreme weather conditions, with the manufacturing PMI easing to 49.4, but optimism remains for future growth.
Local state-owned enterprises in China have increased R&D spending by 10.4% in the first half of 2024, investing 249.57 billion yuan to boost innovation and technological advancement.
China’s major industrial firms reported a 3.5% year-on-year increase in profits for the first half of the year, reaching 3.51 trillion yuan ($484.1 billion), signaling steady economic recovery.
