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.
Economic Recovery
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Shanghai Cooperation Organization Boosts Economic Recovery Among Members
The Shanghai Cooperation Organization has significantly contributed to economic recovery among its members, with trade increasing nearly tenfold over two decades.
China’s Summer Consumption Soars with Launch of 37,000 Cultural Events
China is experiencing a surge in consumption as 37,000 cultural tourism events launch nationwide, offering discounts and incentives during the summer peak season.
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.
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).
China’s Economy Continues Recovery in May with Growth in Industry and Consumer Spending
China’s economy continued its recovery in May, with growth in industrial production and an increase in consumer spending, according to the National Bureau of Statistics.
China’s Manufacturing PMI Dips Slightly in May Amid Continued Economic Recovery
China’s manufacturing PMI dipped slightly in May to 49.5, but experts say the overall trend of economic recovery remains unchanged, with non-manufacturing sectors continuing to expand.
Hong Kong’s Economy Rebounds: Financial Secretary Paul Chan Highlights Growth
Financial Secretary Paul Chan announces Hong Kong’s economic rebound, highlighting stable finances, positive market outlook, and a recovering property market.
Europe’s Highest Pedestrian Bridge Aims to Revitalize Italian Town
Sellano, a medieval town in Italy’s Umbria region, unveils Europe’s highest pedestrian suspension bridge, aiming to attract tourists and revitalize its economy after devastating earthquakes.
China’s April Economic Data Signals Continued Recovery and Growth
China’s economy continued its steady recovery in April, with industrial output growing by 6.7% year-on-year and retail sales increasing. Experts predict stronger consumption momentum in May.
Global Leaders Unveil Beijing Initiative to Boost Economic Recovery
At the 2024 Global Trade and Investment Promotion Summit in Beijing, global business leaders released the Beijing Initiative, calling for accelerated economic recovery through multilateral cooperation and strengthened industrial collaboration.
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.
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.
Global Economy Faces Challenges, China Emerges as Key Growth Engine
Amid mounting geopolitical tensions and economic uncertainties, China’s robust growth provides critical momentum for global recovery, reinforcing its role as a key engine in the world economy.
German Business Leader Sees Bright Future for Hong Kong’s Economic Recovery
A German business leader expresses optimism for Hong Kong’s economic recovery, highlighting opportunities beyond finance and praising government efforts to identify new growth areas.
China’s Manufacturing Sector Rebounds in March as PMI Rises to 50.8
China’s manufacturing PMI rose to 50.8 in March, indicating expansion after five months of contraction. Analysts attribute this to recovery momentum and effective policies boosting production and demand.
China’s Manufacturing PMI Rebounds to 50.8 in March, Signaling Economic Recovery
China’s manufacturing PMI rose to 50.8 in March, signaling a return to expansion and strengthening momentum in economic recovery after the Chinese New Year holiday.
China Confident in Achieving 2024 Growth Target Amid Positive Economic Trends
China expresses confidence in achieving its 2024 growth target of around 5%, citing accumulating positive economic factors and supportive government policies.
China’s Finance Minister Advocates Proactive Fiscal Policy to Boost Economic Recovery
China’s Finance Minister Lan Fo’an calls for a proactive fiscal policy to strengthen economic recovery, highlighting increased fiscal expenditure and new special-purpose bonds totaling 3.9 trillion yuan.
China’s Economic Outlook 2024: Experts Anticipate Strong Recovery and New Growth Drivers
Experts are optimistic about China’s economic recovery in 2024. The Central Economic Work Conference emphasizes progress and stability, with new growth drivers expected to boost global economic influence.