The country's value-added service output went up 6.4 percent year on year in H1. The growth rate accelerated by 1 percentage point from the pace recorded in the first quarter. From the perspective of production, the economic growth was mainly driven by the secondary industry last year, but...
Goldman Sachs, HSBC, Barclays, and Natixis, have upwardly revised their forecast for China's economic growth rate in 2023, betting on the country's rosy prospects and strong resilience.近日,摩根士丹利、高盛、汇丰银行、巴克莱银行和法国外贸银行等多家国际投资银行和金融机构上调了对2023年中国...
Xizang autonomous region's GDP growth rate reached 9.5 percent in 2023, taking the lead in the country for now, followed by Hainan province, and Inner Mongolia autonomous region with 9.2 and 7.3 percent GDP growth, respectively. The places with growth rates above 6 percent include Ningxia Hui ...
He noted that China is facing demographic challenges, particularly due to a declining birthrate, saying that it has significant implications for the country's future growth trajectory and is expected to persist for the foreseeable future. "But one should not think of this in such negative terms,...
The average annual growth rate of China's GDP between 2013 and 2021 reached 6.6 percent, contributing to more than 30 percent of the world's economy growth on average, according to a recent report by National Bureau of Statistics. The country's GDP hit 114.4 trillion RMB in 2021, equaling...
by Olatunji Saliu ABUJA, May 6 (Xinhua) -- China's Q1 economic growth rate indicates that the country has been able to overcome economic shocks and keep a steady momentum of growth, continuing to make enormous contributions to global recovery, a Nigerian scholar has said. ...
Yi Gang, governor of the People's Bank of China, the nation's central bank, said China is expected to achieve a relatively high GDP growth rate in the second quarter given the base effects, and the country has the confidence, capabilities and conditions to meet its preset annual growth tar...
trade in goods surpassed 6 trillion USD for the first time, showing the highest growth rate since 2011. The import and export volumes with countries along the Belt and Road Initiative reached 11.6 trillion RMB. With 15,000 trips, the number of the China-Europe freight trains rose by 22 ...
Chinese economy: Adaptive, targeted, resilient Registering an annual growth rate of 5.2%over the past five years,China's economy has achieved a medium-high growth rate given the large economic aggregate,and transitioned to high-quality development.As the country now strives toward its new GDP ...
Higher rates of employment and substantial per-capita output gains seem to occur when the real economic growth rate is over 3%, as it was in the years 1983 through 1988. Recent experience shows that, with a real growth rate of less than 2 5%, the U. S. economy suffers from __48__ ...