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China’s fixed asset investment (FAI) declines on year but at a slower rate of 10.3% to Yuan 13.7 trillion ($2 trillion) over January-April as against the 16.1% on-year drop for the first quarter, with all the major sectors posting continuing recoveries in April, according to the latest data from China’s National Bureau of Statistics (NBS) on May 15.
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Over January-April,China’s fixed asset investment (FAI) dived 10.3% on year, and that in the domestic property market clipped 3.3% on year, according to the latest statistics from the country's National Bureau of Statistics. A detailed report will be posted soon.
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China's crude steel output grew 1.3% on year to about 319.5 million tonnes over January-April, according to the latest release from the country's National Bureau of Statistics.A detailed report will be posted soon.
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China’s steel exports dipped by 11.7% on year to 20.6 million tonnes over January-April, but the pace of the drop was considerably slower than the 16% plunge seen in this year’s first quarter, according to the latest statistics from General Administration of Customs of China (GACC) published on May 7.
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China’s steel exports declined 11.7% on year to 20.6 million tonnes over January-April. A detailed report will be posted soon.
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China’s gross domestic product (GDP) over January-March fell for the first time since 1992 when the country’s National Bureau of Statistics (NBS) commenced the official release of the GDP figures by quarter, down 6.8% on year to Yuan 20.65 trillion ($2.9 trillion), according to the latest NBS release on April 17, confirming the heavy blow of the COVID-19 on China’s economy.
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China’s fixed asset investment (FAI) plummeted 16.1% on year for the first quarter of 2020 to Yuan 8.4 trillion ($1.2 trillion), though the decline narrowed from the 24.5% year-on-year decrease for January-February, suggesting the country had been recovering from the COVID-19 starting March, according to the latest statistics from the National Bureau of Statistics on April 17.
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China's crude steel output grew 1.2% year on year to 234 million tonnes for January-March, according to the latest data from the country's National Bureau of Statistics. A detailed report will be posted soon.
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Over January-MarchChina’s fixed asset investment (FAI) plunged 16.1% on year, and that in domestic property market dived 7.7% on year, according to the latest statistics from the country's National Bureau of Statistics. A detailed report will be posted soon.
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China’s gross domestic product (GDP) declined 6.8% on year for the first quarter of 2020 to Yuan 20.65 trillion ($2.9 trillion), according to the latest statistics from the National Bureau of Statistics. A detailed report will be posted soon.
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China’s steel exports fell by 16% on year to 14.3 million tonnes over the first quarter of this year – less sharply than the 27% slump seen in January-February – as export volumes rose in March with mills’ efforts to place their products abroad when the domestic steel market was at a standstill.
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China’s steel exports declined 16% on year to 14.3 million tonnes over January-March. A detailed report will be posted soon.
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Chinese steel market participants welcomed Beijing’s Thursday announcement that tax rebates on certain export products including many steel and steel-related products will be raised from March 20, according to opinions canvased by Mysteel Global on Wednesday. Many respondents believed that larger tax rebates would increase their price competitiveness and boost business in the longer run, however, rather than in the short-term.
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China’s fixed asset investment (FAI) had been hit hard by the outbreak of COVID-19 across the country over the first two months, having plunged 24.5% on year, or a free fall from the 5.4% year-on-year growth for the whole 2019, and the FAI in the property market also plummeted 16.3% on year, according to the latest statistics from the country’s National Bureau of Statistics (NBS) on March 16.
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China’s fixed asset investment (FAI) plunged 24.5% on year over January-February, and that in the property market plummeted 16.3% on year, according to the latest statistics from the National Bureau of Statistics. A detailed report will be posted soon.
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China's crude steel output grew 3.1% on year to about 154.7 million tonnes over January-February. A detailed report will be posted soon.
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China’s General Administration of Customs announced on February 7 that it will release January-February cumulative data in March starting 2020.
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For 2019, China’s gross domestic product grew 6.1% on year to Yuan 99 trillion ($14 trillion), with the final result coming within the central government’s targeted range for last year of 6-6.5%, according to National Bureau of Statistics (NBS) data released on the release on January 17. “Most of the tasks were fulfilled, laying a solid foundation for China to develop into a well-off society,” NBS commented.
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Fixed asset investment (FAI) in China’s manufacturing sector grew by a total of 5.4% on year during full year 2019, up 0.2 percentage point from the first eleven months, according to the latest data from the National Bureau of Statistics (NBS) released on Friday. FAI in the domestic property market increased by 9.9% on year during January-December, though this was off by a tiny 0.3 percentage point from the January-November reading, the data show.
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China's 2019 crude steel output grew 8.3% on year to about 996.3 million tonnes, with the December volume up 11.6% on year to 84.3 million tonnes. A detailed report will be posted soon.
