Home Prices Stable in Chinese Cities, New Builds Slightly Up
NBS data shows home prices in major Chinese cities remained stable in February, with first-tier new builds rising 0.1%.
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China’s January Manufacturing PMI Falls to 49.1, Signaling Slowdown
China’s January manufacturing PMI drops to 49.1, indicating contraction in factory activity influenced by the Spring Festival and employee returns, according to NBS data.
China’s Industrial Profits Climb 3.5% in First Half of 2024
China’s industrial firms achieved a 3.5% profit growth in the first half of 2024, indicating a steady recovery and positive trend in the industrial sector.
China’s Industrial Sector Boosts Profits by 3.4% with Equipment Manufacturing Leading the Way
China’s major industrial firms report a 3.4% profit increase from January to May, driven by rapid growth in the equipment manufacturing sector.
Chinese Consumption on the Rise with Steady CPI Growth
China’s Consumer Price Index shows steady growth for four months, indicating a revival in consumption backed by rising incomes and lower unemployment.
China’s Manufacturing PMI Slightly Drops in May Amid Steady Economic Recovery
China’s manufacturing sector saw a slight decline in May’s PMI, while the non-manufacturing sector continued to expand, signaling a stable economic recovery.
China Confident in Meeting 2024 GDP Growth Target Amid Economic Resurgence
China’s NBS expresses confidence in reaching a 5% GDP growth for 2024, citing economic improvements and supportive government policies despite ongoing challenges.