Chinese Mainland Issues May 2025 Economic Briefing
The Chinese mainland’s State Council Information Office released May 2025 economic data, spotlighting industrial output, retail resilience and trading performance.
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Chinese mainland cuts gasoline and diesel prices to ease fuel costs
The Chinese mainland cuts gasoline by 230 yuan and diesel by 220 yuan per tonne to reflect global oil price shifts, the NDRC says.
Chinese mainland’s manufacturing PMI dips to 49.0 in April
Chinese mainland’s manufacturing PMI dipped to 49.0 in April, signaling slight contraction but sparking cautious optimism among factory managers and global markets.
U.S. Consumer Confidence Dives to Pandemic-Era Low
U.S. consumer confidence dropped to 86 in April—the lowest since May 2020—on tariff worries, recession fears, and cooling job and income expectations.
China’s 2025 Consumption Upgrade Fuels Demand Expansion
The Chinese mainland’s 2025 consumption upgrade boosts domestic demand via service sector opening, real estate stabilization, robust exports and targeted policy reforms.
China’s New Action Plan Fuels Consumer Growth
China’s new action plan boosts domestic consumption through digital integration, retail revitalization, and innovative market strategies.
Shift in Global Trade: McKinsey China Chairman Sees South-South Growth
McKinsey China Chairman Joseph Ngai discusses the transformation of global trade, highlighting the rapid growth of South-South trade compared to the traditional East-West focus.
China to Boost Defense Budget by 7.2% in 2025
The Chinese mainland announces a 7.2% increase in its 2025 defense budget, raising expenditure to about $249 billion. Explore the implications on global security and economic trends.
Global Leaders Express Optimism Over China’s Two Sessions
International business leaders and politicians express high hopes for China’s Two Sessions, viewing it as a key indicator of the nation’s development path.
US Companies in China Show Strong Optimism for Future Investments
US firms in China are optimistic about long-term success, with 73% reporting positive ROI in 2024 and plans to reinvest $14.59 billion over the next 3-5 years.