Chinese Mainland’s Economy Rebounds with Strong Industrial Growth, NDRC Reports
The Chinese mainland’s economy shows continued recovery in May, driven by industrial growth, exports, and rising domestic demand, reports the NDRC.
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The Chinese mainland’s economy shows continued recovery in May, driven by industrial growth, exports, and rising domestic demand, reports the NDRC.
China’s economy continues its recovery in May, with industrial production steadily growing and consumer spending significantly increasing, according to NBS data.
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.
China’s major industrial firms saw profits rise by 4.3% in Q1, reversing earlier declines and marking three consecutive quarters of growth.
The Chinese mainland’s manufacturing sector profits rose by 7.9% in Q1 2024, driven by strong demand and supportive policies, signaling robust industrial growth.
China’s major industrial firms saw a 10.2% profit increase in the first two months of 2024, with revenues up 4.5%, according to the National Bureau of Statistics.
China’s industrial output increased by 7% in the first two months of 2024, surpassing analyst expectations and signaling a stable economic recovery, according to the National Bureau of Statistics.
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China’s Jing-Jin-Ji industrial cluster hits a $1.5 trillion output in 2023, driven by tech transfers and green energy projects over the past decade.