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A look at China’s economic data in the first three quarters of 2024

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China’s foreign trade up 5.3% in first three quarters

China’s foreign trade grew by 5.3 percent year-on-year to 32.33 trillion yuan ($4.57 trillion) in the first three quarters of 2024, statistics from the General Administration of Customs showed on Monday. In the meantime, the country’s exports surged 6.2 percent on a yearly basis to 18.62 trillion yuan and imports rose 4.1 percent year-on-year to…

China’s consumer prices hold steady in September

BEIJING – China’s consumer prices steadied in September amid a sustained recovery of domestic demand, official data showed Sunday. The consumer price index (CPI), a main gauge of inflation, was up 0.4 percent year-on-year in September, lower from a 0.6-percent rise in August, the National Bureau of Statistics said. On a monthly basis, the CPI…

China records strong tourism numbers during holiday

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Posters: China’s achievements in elderly care services

Editor’s note: Oct 11 marks this year’s Double Ninth Festival, a traditional Chinese occasion honoring senior citizens on the ninth day of the ninth month in the lunar calendar. Official figures show China has nearly 300 million citizens aged 60 or above. Faced with population aging, the country is bolstering its commitment to providing better…

China confident to achieve full-year growth target: economic planner

BEIJING — China is confident to maintain steady and healthy economic growth and achieve the full-year growth target, the country’s top economic planner said Tuesday. The market sentiment has improved recently with a pick-up of the purchasing managers’ index in the manufacturing sector, a warming stock market and a vital consumption market during the National Day…