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China’s upgrade and trade-in program yields positive impacts

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Editor’s note: China unveiled an action plan to implement the renewal program in March 2024 in an effort to expand domestic demand and shore up the economy, and stepped up follow-up policy support in July. The program has yielded positive impacts, such as stimulating investment, unleashing consumption, fueling industrial development, improving people’s well-being and improving…

Над 6 000 товарни влака по жп линията Китай-Европа са преминали през граничния пункт Еренхот

A look at China’s economic data in August

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China’s industrial output up 4.5% in August

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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 CPI up 0.6% in August

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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…

Износа на пчелен мед за Китай е нараснал 2.37 пъти

China’s foreign exchange reserves up 0.98 pct in August

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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…