China reported key economic figures on Saturday showing slower growth on industrial production, consumer spending, and investments, which called for greater policy support to consolidate the country’s economic recovery. Figures released on Saturday by the National Bureau of Statistics showed China’s value-added industrial output, a gauge of activity in the manufacturing, mining, and utilities sectors,…
China’s consumer prices continued to rise in August amid a sustained recovery of domestic demand, while declines in producer prices indicated more time needed for market sentiment to get fully restored. The consumer price index (CPI), a main gauge of inflation, was up 0.6 percent year-on-year last month, quickening from the 0.5 percent increase in…
File photo shows an exterior view of the People’s Bank of China in Beijing, capital of China. [Photo/Xinhua] BEIJING — China’s foreign exchange reserves totaled 3.2882 trillion US dollars as of the end of August, up by 31.8 billion dollars, or 0.98 percent compared to the end of July, official data showed Saturday. China’s foreign exchange…
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Three Chinese enterprises are among the top 20 global automotive suppliers, according to the 2024 Global Automotive Supply Chain White Paper released on Thursday. The three, namely CATL (7), Weichai Group (8), and HASCO (16), were the best performing supply chain companies of the country in 2023 in revenue, with the three registering supply chain…
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Over the years, China has established a comprehensive energy supply system encompassing coal, oil, gas, nuclear, hydro, wind, and photovoltaic energy, providing robust impetus for the fast and sustained development of the economy and society, said a white paper titled “China’s Energy Transition” issued by the State Council on Thursday. Thanks to Chinadaily.com.cn Please visit:…
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