U.S. GDP Growth Accelerates to 2.8% in Q2 2024
The U.S. economy grew by 2.8% in Q2 2024, up from 1.4% in Q1, driven by increased consumer spending but offset by a slowdown in business investment due to high interest rates.
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China Records Strong Overseas Investment Growth in H1 2024
China’s overseas investments grew by 16.6% in the first half of 2024, indicating increased global market engagement and significant growth under the Belt and Road Initiative.
U.S. Economy Surges: Q2 GDP Grows by 2.8%, Surpassing Expectations
The U.S. economy grew at an annualized rate of 2.8% in Q2, surpassing forecasts and highlighting strong consumer spending despite high interest rates.
Wuxi: One of China’s Richest Cities in Culture and Economy
Discover how Wuxi City in east China’s Jiangsu Province blends remarkable economic achievements with profound cultural heritage, making it one of China’s richest cities in both culture and economy.
China’s Open-Door Policy: A Catalyst for Global Development
China’s open-door policy, initiated in 1978, has transformed the global economy. By embracing international trade and investment, China has become a catalyst for global growth and innovation.
China Charts Confident Path Towards Modernization and Growth
China’s recent third plenary session of the 20th CPC Central Committee outlines ambitious reforms to deepen modernization, focusing on high-quality development and innovation to benefit people globally.
Global Financial Institutions Express Optimism in China’s Economic Growth
Overseas financial institutions are confident in China’s economic prospects as high-quality growth efforts yield results, with GDP expanding by 5% and significant advances in high-tech industries.
Unwavering Support Fuels Xizang’s Prosperity
Over three decades of national support have significantly advanced Xizang’s economic, social, and infrastructural development, highlighting the transformative impact of sustained assistance.
Celebrating 30 Years of Nationwide Support for Xizang’s Development
Marking 30 years of nationwide support, Xizang celebrates significant economic growth and development through coordinated efforts, transforming the region’s landscape and improving livelihoods.
Innovation is Key to the New Phase of China’s Economic Growth
Professor Yao Yang of Peking University explains the stages of China’s 75 years of economic development and highlights innovation as the key to its new growth cycle.
China’s Shipbuilding Industry Soars in First Half of the Year, Solidifies Global Lead
China’s shipbuilding industry saw significant growth in the first half of the year, reinforcing its global leadership position amid challenging economic conditions.
IMF Raises China’s 2024 Economic Growth Forecast to 5%
The IMF has raised China’s 2024 economic growth forecast to 5%, citing a rebound in private consumption and strong exports, highlighting China’s pivotal role in global economic recovery.
China’s Bureaucratic Overhaul: How One Seal Replaced 109 in Binhai New Area
Discover how China’s deepening reforms are transforming bureaucracy, exemplified by Binhai New Area’s reduction from 109 official seals to just one, streamlining business and fostering economic growth.
China’s Steady Growth in 2024 Reinforces Its Role in Global Economy
China’s economy maintained steady growth in the first half of 2024, with GDP reaching 61.68 trillion yuan, showcasing resilience and leading global economic development through high-quality advancements.
China’s GDP Grows 5% in First Half of 2024, Reaching 61.68 Trillion Yuan
China’s GDP grew by 5% year-on-year in the first half of 2024, reaching 61.68 trillion yuan ($8.65 trillion), according to data from the National Bureau of Statistics. In Q2, GDP expanded by 4.7% year-on-year.
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 Foreign Trade Surpasses 21 Trillion Yuan in First Half of 2024, Setting New Record
China’s foreign trade reached a record 21.17 trillion yuan in the first half of 2024, showing strong growth and resilience. Exports and imports saw significant increases, highlighting economic vitality.
China’s Rail Freight Hits Record Highs in June
China’s rail freight volume and turnover reached historic highs in June, maintaining top global rankings and signaling robust economic momentum.
China’s GDP Grows by 5% in First Half of 2024, Steady Progress Amid Global Challenges
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.
China’s Foreign Trade Hits Record High with 6.1% Growth in H1 2024
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.