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China’s urban unemployment rate reaches 5.3% in Q1 of 2025

China’s urban unemployment rate rose to 5.3 percent in the first quarter of this year, climbing by 0.3 percentage points from the previous quarter, according to figures unveiled by the National Bureau of Statistics on Wednesday. The surveyed unemployment rate in urban areas was 5.2 percent in March, falling by 0.2 percentage points from that…

China’s foreign trade up 1.3% in the first quarter of 2025

China’s foreign trade recorded steady performances in the first quarter of 2025, with total goods trade volume growing by 1.3 percent year-on-year to 10.3 trillion yuan ($1.41 trillion), data from the General Administration of Customs showed on Monday. China’s total imports and exports reached a record high for the same period between January and March,…

China’s CPI up 0.5% in January

BEIJING – China’s consumer price index (CPI), a main gauge of inflation, was up 0.5 percent year-on-year in January, the National Bureau of Statistics (NBS) said Sunday. The figure was up from the 0.1-percent increase registered last month, largely due to the influence of the Spring Festival holiday, said NBS statistician Dong Lijuan. The core…

China’s SOEs log revenue growth in 2024

BEIJING — The revenues of China’s state-owned enterprises (SOEs) went up 1.3 percent in 2024 from the previous year, recent official data showed. The SOEs raked in 84.72 trillion yuan ($11.77 trillion) in operating revenues in 2024, data from the Ministry of Finance showed. The combined profits of SOEs edged up 0.4 percent year-on-year to…

China’s CPI down 0.1% in March

China’s consumer prices fell at a slower pace in March, while the annual decline in factory-gate prices deepened, official data showed on Thursday. The country’s consumer price index, the main gauge of inflation, fell by 0.1 percent year-on-year in March after a 0.7 percent drop in February, according to the National Bureau of Statistics.  Within…

‘Ne Zha 2’ smashes global box office with over 15b yuan

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‘Ne Zha 2’ stands as 5th highest-grossing movie in history

As of March 15, the Chinese animated movie Ne Zha 2 has generated over 15.019 billion yuan ($2.072 billion) in global box office, surpassed Star Wars: The Force Awakens, and become No 5 on the list of the highest-grossing films in global box office history. Thanks to Chinadaily.com.cn Please visit: Our Sponsor

China reports 5.4% GDP growth in Q1 of 2025

China’s gross domestic product expanded by 5.4 percent to 31.88 trillion yuan in the first quarter of 2025, the National Bureau of Statistics said on Wednesday. China’s retail sales increased 5.9 percent year-on-year in March, the NBS said. China’s value-added industrial output, an important economic indicator, increased 7.7 percent year-on-year in March, the NBS said.…

China’s consumption booms during Qingming Festival holiday

Editor’s note: China’s consumption surged during the Qingming Festival holiday, also known as the Tomb-Sweeping Day holiday, which ran from Friday to Sunday. Travel, tourism, online shopping and outdoor activities are some key drivers of economic growth during this period. Thanks to Chinadaily.com.cn Please visit: Our Sponsor