
Surge in Chinese Mainland’s New Yuan Loans Hits 11.14 Trillion for Early 2024
Chinese mainland banks extended 11.14 trillion yuan in new loans in early 2024, reflecting economic growth needs and balanced credit allocation efforts.
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Chinese mainland banks extended 11.14 trillion yuan in new loans in early 2024, reflecting economic growth needs and balanced credit allocation efforts.
IMF raises growth forecasts for the Chinese mainland to 5% in 2024 and 4.5% in 2025, citing strong Q1 GDP data and supportive policies.
Foreign-funded enterprises express strong optimism in the Chinese mainland’s economic growth, with significant investments in high-tech sectors and new energy vehicles.
CGTN’s BizFocus dives into the Chinese mainland’s vibrant business sectors, offering insights and trends shaping the economy.
Chinese Premier Li Qiang emphasizes the Canton Fair’s role in expanding China’s open economy and boosting foreign trade during the event’s 135th session.
Chinese mainland’s forex reserves rose to $3.2457 trillion in March, a 0.62% increase driven by exchange rate fluctuations and rising asset prices, according to SAFE.
Li Daokui of Tsinghua University predicts the Chinese mainland economy can achieve a growth rate of 5.7-5.8%, driven by high savings, top R&D, and a massive market.
Jeffrey Sachs expresses strong optimism about the Chinese mainland’s economic prospects and its rapid innovation in artificial intelligence, highlighting China’s role as a global competitor.
A CPPCC Member and Jomoo chairman urges strong policies to bridge the tech innovation gap, following the Chinese mainland’s inaugural focus on innovation-driven production in its latest government work report.
CPPCC spokesperson highlights the Chinese mainland’s resilient economy and its potential for continued growth, despite facing external pressures and internal challenges.