
US Q2 GDP Surges 2.8%, Outpacing Expectations
The US economy exceeded expectations in Q2, with GDP growth accelerating to 2.8% driven by robust consumer spending and inventory buildup.
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The US economy exceeded expectations in Q2, with GDP growth accelerating to 2.8% driven by robust consumer spending and inventory buildup.
The Chinese mainland’s GDP grew by 5% in the first half of 2024, reaching 61.68 trillion yuan ($8.65 trillion), signaling strong economic growth.
China’s GDP grows by 5% in H1 2024, reflecting steady progress across agriculture, industry, and services, amidst robust trade and investment.
China’s 22 Free-Trade Zones are spearheading high-quality reforms and boosting foreign trade, with key regions showing significant growth.
China launches the ‘Investment Dialogue’ in Beijing to enhance multinational enterprises’ success and foster global business partnerships.
The Chinese mainland is set to enforce new fair competition regulations on August 1, ensuring equal opportunities and a unified domestic market for all businesses.
China’s major industrial firms saw a 4.3% increase in profits year-on-year from January to April, maintaining a steady growth rate and reversing losses in April.
A recent CCPIT survey shows a significant rise in confidence among foreign investors in the Chinese mainland during Q1, with over 70% bullish on market prospects.
Tesla has successfully passed four data security tests in China, removing previous restrictions. The announcement was made by China’s Automobile Manufacturers and the National Computer Network Emergency Response teams.
China’s major industrial firms saw profits rise by 4.3% in Q1, reversing earlier declines and marking three consecutive quarters of growth.