China's economy grew 8.1 percent in 2021, faster than a forecast 8 percent and well above a government target of "above 6 percent", Reuters reported on Monday. The country's fourth-quarter GDP rose by 4 percent from a year ago, which is also faster than the 3.6 percent increase forecast...
GDP grew by 4.5% in the first quarter, China's National Bureau of Statistics said Tuesday. That marks the highest growth since the first quarter of last year — when China's economy grew by 4.8% — and better than the 4% forecast in a Reuters poll. Quarter-on-quarter, the economy gre...
As early as the beginning of this year, when China optimized and adjusted its epidemic prevention and control policy, these Western media outlets created the same narrative: the Chinese consumer market would immediately go on a "vengeful" upsurge and the Chinese economy would rebound strongly. When...
China’s economy slowed last month, with factory growth dipping and investment growth recording a near-13 year low, according to new figures.Factory output rose 7.7% in October, up on August’s 6.9% but lower than forecasts and the second weakest pace since the global financial crisis.Reuters...
On the economy, the government said it would aim for growth this year of around 5%, lower than last year's target of 5.5%. It will also take steps to minimize risks in the property sector, intensify its push to make China self-reliant in tech, and the central bank wil...
China News Service: The latest reports issued by the World Bank and the OECD both revised up the growth forecast of the world and major economies for 2023. The World Bank predicted that China’s economy will grow by 5.6 percent in 2023 and the OECD set this figure at 5.4 percent. Both ...
The government work report has set a growth target of around 5% for 2024. Although trade remains a critical component of China's GDP, there is an increased focus on boosting consumption. This shift reflects the Chinese government's effort to adjust the economy's growth model and persist in ...
Research China Market News All China’s Economy China’s Market Top News Filter By Keyword(s) Period Search Reset China Market News - China’s Market Top NewsCPCA: CN Auto Industry Posts Higher Rev., Lower Profit in 2024; Profit Margin Relatively Low 2025...
Fourth, China will be a force for stability in promoting global growth. The Chinese economy, as vibrant and resilient as ever, is showing a more robust momentum of long-term growth. Last year, it grew by 5.2 percent, accounting for one third of global growth. We will focus energy on rea...
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