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China’s forex reserves register biggest rise in 7 months

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China’s foreign exchange reserves increased to $3.2564 trillion as of the end of July, up 1.06 percent or $34 billion from the previous month, the biggest increase so far this year, official data showed on Wednesday. The State Administration of Foreign Exchange said that the country’s foreign exchange reserves rose last month amid a declining…

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China sees NEVs increase in popularity

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With charging infrastructures for new energy vehicles accelerating, as well as features such as intelligence, low-cost use and convenience, NEVs are now increasingly recognized by consumers, with more and more opting to buy them in China. In July, the retail sales of passenger cars reached 1.72 million units in the country, with new energy vehicle…

A look at China’s economic data in July

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Bulgarian-Chinese Chamber of Commerce (Българо-китайска търговско-промишлена палата)

China’s CPI rises for the fifth straight month

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A shopper selects fruit at a supermarket in Xinghua, Jiangsu province, on June 12, 2024. [Photo/Xinhua] China’s consumer price index, a main gauge of inflation, rose by 0.2 percent year-on-year in June, data from the National Bureau of Statistics showed on Wednesday. The country’s producer price index, which gauges factory-gate prices, dropped by 0.8 percent…

China sees imports and exports expand yearly

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China’s total goods imports and exports expanded 6.1 percent year-on-year in the first half of this year to 21.17 trillion yuan ($2.91 trillion), hitting a recording high, data from the General Administration of Customs showed on Friday. The country’s exports rose 6.9 percent year-on-year to 12.13 trillion yuan during the period, while imports climbed 5.2…

China’s economy showcases steady rebound in H1

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China’s GDP grew by 5 percent year-on-year in the first half of 2024 to 61.68 trillion yuan ($8.49 trillion), showcasing a steady economic rebound, data from the National Bureau of Statistics showed on Monday. Let’s check out more economic figures of the H1. Thanks to Chinadaily.com.cn Please visit: Our Sponsor

A look at China’s economic data in H1 of 2024

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БКТПП показа традиционни балгарски продукти на търговски панаир в гр. Фошан

China’s foreign trade up 6.2% in first 7 months

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China’s total goods imports and exports expanded 6.2 percent year-on-year in the first seven months of this year to 24.83 trillion yuan ($3.46 trillion), data from the General Administration of Customs showed on Wednesday. The country’s exports rose 6.7 percent year-on-year to 14.26 trillion yuan during the period, while imports climbed 5.4 percent to 10.57…

China sees mild price growth as consumer demand expands

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BEIJING – China’s consumer prices gained mild growth in July as the domestic consumer demand continued to expand, official data showed Friday. The consumer price index (CPI), a main gauge of inflation, was up 0.5 percent year-on-year in July, slightly higher than the 0.2 percent increase in June, according to the National Bureau of Statistics…

China reports growth in the consumer economy

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China reported major economic data on Thursday that pointed to faster growth on the consumer side while both industrial production and investment grew at a slower pace in July. Figures released on Thursday by the National Bureau of Statistics showed China’s retail sales, a key measurement of consumer spending, grew by 2.7 percent year-on-year in…