After deducting price factors, per capita disposable income rose 5.8 percent from the previous year. "The innovation-driven strategy has been implemented in an in-depth way, and new growth drivers have continued to grow, strongly boosting high-quality development," said Fu. "At the same time,...
Wang said, predicting that the momentum will continue in the fourth quarter. However, the consumption recovery is still imbalanced, and consumer sentiment has room for further improvement.China
Urban per capita disposable income came in at 15,150 yuan, up 5.3 percent, while that for rural residents rural areas stood at 6,596 yuan, up 7.6 percent. China's job market has shown overall improvement thanks to the continuously recovering economy and pro-employment policies. "Our sense i...
commodity consumption, service consumption, and household consumption expenditure have steadily rebounded, and local governments are accelerating the implementation of policies to promote consumption. Additionally, improvement in employment and growth in residents' income have laid a foundation...
Citing a solid material foundation, vast market potential, strengthened new drivers of growth, the release of dividends of reform and opening-up, as well as rich experience in macro regulation, Kang said the Chinese economy is certain to see an overall improvement this year. ...
Citing a solid material foundation, vast market potential, strengthened new drivers of growth, the release of dividends of reform and opening-up, as well as rich experience in macro regulation, Kang said the Chinese economy is certain to see an overall improvement this year. ...
The improvement is widespread, with roughly two-thirds of countries worldwide experiencing stronger growth in 2017 than in the previous year. The recent pickup in global growth stems predominantly from firmer growth in several developed economies, although East and South Asia remain the world most ...
. Our analysis further shows that the impact of the policy differed along the region and human capital dimensions. Further analysis reveals that industrial structure and nonagricultural employment were the main channels for the policy to exert a county-level economic impact. Infrastructure improvement ...
and its middle-income population is expected to exceed 500 million. With the continuous improvement of residents’ income levels and the social security system, the people’s demand for high-quality products and services will continue to grow, a...
Citing a solid material foundation, vast market potential, strengthened new drivers of growth, the release of dividends of reform and opening-up, as well as rich experience in macro regulation, Kang said the Chinese economy is certain to see an overall improvement this year. Given the country'...