New GDP Figures Stir U.S. Election as Harris and Trump Close Campaigns
Kamala Harris and Donald Trump conclude their presidential campaigns as new GDP figures show economic growth, adding a new dimension to the U.S. election in its final week.
Economic Recovery
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China’s Civil Aviation Hits Record-High Traffic in Q3
China’s civil aviation sector reports record-high air traffic in Q3, with significant increases in passenger trips and freight volume, highlighting the country’s ongoing economic recovery and global aviation role.
Economist: China’s 4.8% GDP Growth Signals Strong Economic Recovery Ahead
China’s GDP has risen by 4.8% in the first three quarters, signaling robust economic recovery. Economist Shi Jiao discusses how favorable policies may further boost growth in the upcoming quarter.
China Explores New Avenues in Foreign Trade to Boost Economic Recovery
China is exploring new avenues in foreign trade to boost economic recovery amid global challenges, demonstrating resilience and seeking to foster new growth drivers through high-tech exports and strategic partnerships.
China Enhances Government Investment to Stimulate Economic Growth
China intensifies government investment through special bonds to stimulate economic growth and drive high-quality development, addressing challenges and optimizing fiscal policies for sustained recovery.
PBOC Governor Stresses Balanced Monetary Policy Adjustments
PBOC Governor Pan Gongsheng emphasizes the need for balanced monetary policy adjustments to promote moderate price recovery and maintain the renminbi exchange rate within an appropriate range.
China’s Mid-Autumn Festival Boosts Economic Vitality
China’s Mid-Autumn Festival holiday showcased significant economic resilience, with surging travel and consumer spending indicating robust market vitality and rising consumer confidence.
China Lowers Lending Rates to Boost Economic Recovery
China has reduced its benchmark lending rates to stimulate the economy, lowering both the one-year and over-five-year loan prime rates. The move aims to reduce financing costs and bolster economic 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.
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.