* The property market is still in the process of readjustment. * International organizations and institutions have raised their forecasts for China's economic growth. BEIJING, June 17 (Xinhua) -- The Chinese economy extended an upward recovery trend in May, as shown by faster consumption growth...
"We expect the strong policy measures since September, ranging from rate cuts to public outlays, will help the Chinese economy maintain 5 percent growth in 2024," said Ji Mo, chief China economist of DBS Group Research, adding that Chinese policymakers are focused both on the short-term and ...
Xu Gao, chief economist at BOC International, said: "The main challenge facing the Chinese economy is weak demand with underlying issues of tepid investment and dampened confidence. With that, it's crucial to step up efforts on expanding...
BEIJING, June 17 (Xinhua) -- The Chinese economy extended an upward recovery trend in May, as shown by faster consumption growth and steady expansion in industrial production, latest government data showed. Important economic indicators rebounded during the month amid government measures to prop up ...
* The property market is still in the process of readjustment. * International organizations and institutions have raised their forecasts for China's economic growth. BEIJING, June 17 (Xinhua) -- The Chinese economy extended an upward recovery trend in May, as shown by faster consumption growth...
File photo shows a worker counts Chinese currency Renminbi (RMB) at a bank in Linyi, east China's Shandong Province. (Xinhua/Zhang Chunlei) BEIJING, May 7 (Xinhua) -- China is making agile use of monetary policy ammo to buoy the economy amid mounting uncertainties, said an official with ...
Citi raised its forecast to 6.1 percent from its previous forecast of 5.7 percent, stating that the Chinese economy is well on track for its post-COVID recovery led by consumption and services.The International Monetary Fund said in its latest report on Tuesday that China will be the top ...
With stronger support for infrastructure investment,lower market lending rates and refined COVID-19 containment measures,the Chinese economy is expected to stage a strong rebound in the third quarter and strengthen the appeal of renminbi-denominated assets,they said.Financial markets are closely watching...
The NDRC unveiled a basket of policies to further propel the economy from urging construction projects to boost NEVs consumption; China keeps its loan prime rates unchanged in September. Here’s what you need to know about China in the past 24 hours ...
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