China’s Industrial Output Soars 5.1% in July
China’s value-added industrial output grew by 5.1% year on year in July, indicating a significant expansion in the country’s economy, according to official data.
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China’s Yuan Loans Soar to $1.89 Trillion in Early 2023
China’s yuan-denominated loans surged by $1.89 trillion in the first seven months of 2023, reflecting significant growth in the country’s money supply despite a decline in social financing.
Service Consumption Fuels China’s Economic Transformation in 2024
Service consumption has become a major driver of China’s economic growth in 2024, contributing over 50% to GDP and fueling retail sales and higher quality consumer demand.
China’s CPI Rises 0.5% in July, Signaling Steady Inflation
China’s consumer price index rose by 0.5% year on year in July, indicating steady inflation as reported by the National Bureau of Statistics.
China’s Machinery Sector Soars in H1 Fueled by Smart and Green Innovations
China’s machinery industry saw strong growth in H1, driven by advancements in intelligent and green technologies, including a surge in NEVs and industrial robots.
China Shifts Economic Strategy to Boost Consumer Growth
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The Chinese Mainland’s Foreign Trade Soars by 6.2% in First Seven Months
The Chinese mainland’s foreign trade surged by 6.2% in the first seven months of the year, driven by robust domestic demand and a rebound in global trade.
China’s Economic Reforms: A New Engine for Global Growth
China’s comprehensive economic reforms are driving its modernization and fueling global growth, surpassing G7 contributions and advancing sustainability through tech innovations.
China’s Economy Thrives Beyond Traditional GDP Measures
China’s economy is thriving beyond traditional GDP metrics, driven by digital innovations and the rise of side-hustles, revealing hidden productivity gains.
China Boosts Service Consumption to Drive High-Quality Economic Growth
China is set to accelerate the development of consumer services to drive high-quality economic growth, focusing on sectors like hospitality, healthcare, and digital services.