Chinese Mainland’s Manufacturing Profits Soar 7.9% in Q1 2024 Fueled by Policy Support
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.
Manufacturing
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China’s Aviation Manufacturing Soars: 60% Growth and Drone Dominance in 2023
China’s general aviation manufacturing industry surged by nearly 60% in 2023, delivering over 3.17 million civilian drones and boosting the sector’s output to $7.18 billion.
China’s Industrial Giants Forecast Bright Prospects with Profit Growth
China’s major industrial companies are optimistic with profits up 10.2% in Q1, driven by increased private investment and expanding enterprise numbers.
China’s Pivotal Role in Shaping Global Value Chains Amid Shifts
China continues to drive global value chains, boosting economic growth while navigating technological and geopolitical challenges.
President Xi’s Hunan Visit: Boosting Innovation and Advanced Manufacturing
President Xi Jinping emphasizes technological innovation and advanced manufacturing during his first local inspection in Hunan, guiding regional growth.
China’s Economic Promise: Key Drivers Fuel Long-Term Growth
China’s economy showcases immense growth potential, driven by its manufacturing prowess and economies of scale, positioning it as a key global investment hub.
Chinese Mainland’s Manufacturing PMI Inches Down in February
The Chinese mainland’s manufacturing sector saw a slight contraction in February, with the PMI dropping to 49.1, signaling potential economic challenges.
China’s High-Quality Growth in 2023: Achievements and Future Outlook
A review of China’s high-quality growth in 2023 highlights key achievements in economic recovery, manufacturing, trade, and financial reforms, setting the pace for global progress.
CRRC Showcases Local Collaboration in Melbourne Open House
CRRC recently held an online open house at its Melbourne-based CTEA production site, showcasing local partnerships and highlighting the company’s contribution to Australia’s automobile industry and economy.