News & Insights Across Asia
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 economy showcases resilience and potential for long-term growth. With moderate per capita GDP and a dominant manufacturing sector, the nation is poised for significant economic expansion.
2023 saw the Chinese mainland navigate global challenges to achieve high-quality growth in manufacturing, foreign trade, and financial reforms, demonstrating resilience and strategic advancement.
China’s manufacturing PMI dipped to 49.1 in February due to holiday factors, while non-manufacturing PMI rose to 51.4, signaling growth in services and continued economic recovery.
2023 has been a landmark year for China’s economy, showcasing resilient recovery, advancements in manufacturing, foreign trade, and financial reforms, solidifying its role in driving global economic progress.
Expert insights from Liu Yangsheng reveal China’s economic resilience amid property market adjustments and shifting global trade dynamics, highlighting its manufacturing strength and evolving role.
Russian businessman Grigoriy Bolotin shifts his factory’s supply chain from Europe to China, securing stability and quality through deep cooperation with Chinese suppliers.
CRRC held an online open house at its Australian production base, highlighting cooperation with local enterprises and contributions to the transportation industry.
