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Labour market flows in Q1 2025

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China seeks policy dialogue with multinationals at upcoming summit

BEIJING – China is poised to offer multinational companies a platform for “policy communication, industrial coordination and project cooperation” at the upcoming sixth Qingdao Multinationals Summit, a commerce ministry official said Friday. The summit is scheduled to be held from June 18 to 20 in Qingdao, a coastal city in East China’s Shandong province, said…

Euro area international trade in goods surplus €9.9 bn

Euro area The first estimates of euro area balance showed a €9.9 bn surplus in trade in goods with the rest of the world in April 2025, compared with + €13.6 bn in April 2024. The euro area exports of goods to the rest of the world in April 2025 were €243.0 billion, a decrease…

13.6% of EU children faced material deprivation in 2024

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Investing in China is investing in the future, Lundbeck’s senior executive says

Bonnie Yang, acting general manager and vice-president, Strategic Finance, Commercial and Partnerships, Lundbeck China. China Daily Editor’s Note: As China steps up efforts to boost domestic demand and drive consumption-led growth, multinational corporations are uniquely positioned to seize the opportunities presented by this transformative period. China Daily examines how these companies are aligning with China’s new…

China’s trade with Africa hits new high in Jan-May

BEIJING — China’s trade with African countries hit a record high in the first five months of this year, official data showed Monday. The China-Africa trade volume increased 12.4 percent year-on-year in the January-May period to 963.21 billion yuan (about $134 billion), accounting for 5.4 percent of the country’s total foreign trade, according to the…

Industrial production down by 2.4% in the euro area and by 1.8% in the EU

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Employment rate and labour market slack up in Q1 2025

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China Eastern Airlines to launch direct Xi’an-Istanbul flight

A direct flight between Xi’an of Shaanxi province and Istanbul of Turkiye will be launched on June 24 by China Eastern Airlines, which will be the airliner’s second direct flight connecting the two nations, according to the Shanghai-based carrier. The flight will operate between Xi’an Xianyang International Airport and Istanbul Airport every Tuesday, Friday and…

China’s consumer prices dropped in May

China’s consumer prices fell slightly in May, while the annual decline in factory-gate prices deepened, official data showed on Monday. The country’s consumer price index, the main gauge of inflation, fell by 0.1 percent year-on-year in May, the same as in the previous month, according to the National Bureau of Statistics. But the core CPI,…