Looking back on 2022, China's economy started off the year with a better-than-expected growth of 4.8-percent in the first quarter. The growth rate narrowed sharply in the second quarter due to the shocks from multiple unexpected factors. However, the economy was quickly brought back on track...
BEIJING, Jan. 17 (Xinhua) -- China's economy posted steady growth in 2022 despite pressures including epidemic resurgences and a complicated external environment, with its gross domestic product (GDP) reaching a new level. The economy grew 3 percent year on year to a record high of 121.0207 ...
GUANGZHOU, Oct. 28 (Xinhua) -- China's gross domestic product (GDP) is expected to grow 5.2 percent in 2023 and 5 percent in 2024, according to a report released at the International Financial Forum (IFF) on Saturday. The global growth is projected to slow further this year at 3.1 perc...
StrongeasingChina's GDP growth reached 3.0%in 2022,significantly below the potential growth rate.The negative output gap resulted from both external and internal pressures.For external factors,the sudden breakout of Russia Ukraine conflict,the seven federal funds rate hikes and the reversal of ...
The role of innovation in technological development became more prominent, with the country's ratio of R&D expenditure to GDP increasing to 2.55 percent in 2022, a rise of 0.12 percentage points. The investment led to fruitful results. The total number of valid invention patents in China had re...
BEIJING, Jan. 17 (Xinhua) -- China's economy posted steady growth in 2022 despite pressures including epidemic resurgences and a complicated external environment, with its gross domestic product (GDP) reaching a new level. The economy grew 3 percent year on year to a record high of 121.0207...
In the first quarter of this year, the GDP of the United States, the Eurozone, Japan and Brazil increased by 1.8 percent, 1 percent, 1.9 percent and 4 percent, respectively. Even considering the situation in the second quarter, the overall economic growth rate of China in the first half ...
This resilience is underpinned by impressive figures. The country's gross domestic product (GDP) has more than doubled from 60 trillion yuan (about 8.45 trillion U.S. dollars) in 2014 to 126 trillion yuan last year, countering the gloomy forecasts of a downturn or collapse. ...
The role of innovation in technological development became more prominent,with the country's ratio of R&D expenditure to GDP increasing to 2.55 percent in 2022,a rise of 0.12 percentage points.The investment led to fruitful results.The total number of valid invention patents in China had ...
China's GDP grew 4.5 percent year on year in the first quarter of 2023, according to statistics released by the country's National Bureau of Statistics on April 18. The sound performance was said to be a solid start of the Chinese economy in 2023 by international community, and the world...