-
China’s Purchasing Managers’ Index (PMI) for the manufacturing industry recovered by 0.7 basis point to reach 52.1 in November after the small decline in October, according to the latest release from the country’s National Bureau of Statistics (NBS) on November 30. The result shows that this weathervane of Chinese manufacturing activity has remained above the threshold of 50 connoting expansion for nine straight months and indicates that the performance recovery of the country’s manufacturing industry is accelerating, NBS said.
-
China’s Purchasing Managers’ Index (PMI) for its manufacturing industry recovered by 0.7 basis point on month to 52.1 for November, or above the benchmark of 50 for the ninth month, indicating the pick-up in pace of recovery in the country's manufacturing sector, according to the latest release from the country's
-
China’s economy has been improving steadily and despite uncertainties facing the global market, the government is confident about maintaining the consistent recovery and realizing the country’s development targets for 2020 by relying on its internal strength, Fu Linghui, spokesperson of the National Bureau of Statistics (NBS), shared at a press conference on November 16.
-
China’s fixed asset investments (FAI) both overall and in the property market specifically, accelerated to last month, growing by 1.8% and 6.3% respectively over January-October, with the former 1 percentage point higher and the latter 0.7 percentage points higher than those for the first nine months, according to the country’s National Bureau of Statistics (NBS).
-
China's fixed asset investment grew 1.8% on year over January-October, or 1 percentage point higher than that for the first three quarters, among which, the funding in the property grew 6.3% on year or 0.7 percentage point higher than the gain over January-September, according to the latest release by the
-
China’s gross domestic product (GDP) may grow 2% on year for the whole 2020 should the growth for the fourth quarter approximate 6.1% on the condition that “favourable factors will outweigh the adverse ones”, Meng Chun, researcher from China’s Development Research Center of the State Council shared at the 2020 National Steel Scrap Conference on November 12 in Haikou, South China’s Hainan.
-
China’s foreign trade value grew faster at 1.1% on year over January-October against the 0.7% growth for the first nine months, and both exports and imports showed the continuing improvement, with the former having increased faster by 2.4% on year and the latter narrowed the on-year decrease to 0.5% on year, the latest data from the country’s General Administration of Customs showed.
-
Guidelines released on November 2 by China’s State Council, the country’s top economic governing body, reiterate the crucial role that the development of new energy vehicles (NEVs) will play in strengthening the country’s automotive industry from just quantitative development.
-
China’s Purchasing Managers’ Index (PMI) for its manufacturing industry remained largely stable on month, down merely 0.1 basis point to 51.4 for October, or having stayed in the expansion zone for the eighth month, confirming the continuing improvement in the sector, Zhao Qinghe, the senior statistician from the country’s National Bureau of Statistics (NBS) highlighted in his latest analysis.
-
In the next five years, China will chase high-quality national development by further upgrading its systems for environment protection to realize a fundamental transformation in its economic, industrial and energy structures, Li Gao, head of Climate Change Dept. of the Ministry of Ecology and Environment (MEE), shared at the ministry’s press conference on October 28, touching upon some key components in the drive towards an eco-friendly economy in the long run.
-
By 2035, China aims to achieve socialist modernization with its per capita gross domestic product (GDP) matching a medium-level developed economy, making major breakthroughs in core technologies in key areas, and becoming a global leader in innovation, according to a Xinhua news report on October 29 summarizing the agreements reached at the 5th plenary session of the 19th Central Committee of the Communist Party of China.
-
Up to September, the profit of the sizeable industrial enterprises in China fell though the degree narrowed to 2.4% on year against the 4.4% on year for that over January-August, confirming that their performance had been improving continuously, according to detailed sharing by China’s National Bureau of Statistics (NBS) on October 27.
-
More futures contracts in China will be allowed to seek the participation of international investors by China Securities Regulatory Commission (CSRC), as the country’s regulatory body has opened expressed its intention to promote dual circulation in the derivatives markets.
-
With the steady progress achieved in China’s national economic recovery in the past three quarters, especially with a 4.9% on-year growth in the gross domestic product (GDP) for the third quarter, the trend is expected to persist in the last quarter, Liu Aihua, spokesperson of the country’s National Bureau of Statistics shared at a press conference on October 19.
-
As expected, by the end of September on-year growth in China’s gross domestic product (GDP) returned to the positive zone, rising by 0.7% on year over January-September to Yuan 72.3 trillion ($10.8 trillion), the latest release from the country’s National Bureau of Statistics (NBS) showed. The July-September quarter GDP was also up 4.9% on year and up 2.7% on quarter.
-
Over January-September, China’s fixed asset investment (FAI) returned to the positive zone, up 0.8% on year against the 0.3% on-year dip for January-August, and the funding in the domestic property market grew faster at 5.6% on year, according to the release by the country’s National Bureau of Statistics on October 19, both confirming a steady recovery in the Chinese economy.
-
Over January-September, China’s fixed asset investment (FAI) increased 0.8% on year, back to the positive zone, and the funding in the domestic property market grew faster at 5.6% on year, according to the latest release from the country's National Bureau of Statistics. A detailed report will be posted soon.
-
By the end of September, China's gross domestic product (GDP) returned to the positive zone, gaining 0.7% on year over January-September, as the GDP improved further in the third quarter, up 4.9% on year or 2.7% higher on quarter, according to the official release from the country's National Bureau of
-
China's crude steel output grew 4.5% on year to about 782 million tonnes over January-September, according to the latest release by the country's National Bureau of Statistics.A detailed report will be posted soon.
-
China’s foreign trade value in terms of Yuan finally turned positive on-year by the end of September, recording a gain for the first time this year, the country’s General Administration of Customs (GACC) shared at a press conference on October 13, highlighting that during the third quarter, the country’s total trade value, and the values of imports and exports, were all at respective record highs.
