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Fresh measures to fuel new energy vehicle sector
China is set to roll out a series of targeted measures to fuel growth in its new energy vehicle sector, as part of broader efforts to stabilize key industries and drive economic growth, said the country's top industry regulator on Tuesday.
January 22, 2025
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Overall scale of China's manufacturing industry tops world for 15 consecutive years
China's manufacturing industry has maintained the top position in the world in terms of overall scale for 15 consecutive years in 2024, the Ministry of Industry and Information Technology said Tuesday.
January 21, 2025
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China reports steady improvements in agriculture, rural economy in 2024
China made steady improvements in its agriculture and rural economy in 2024, Zhang Xingwang, vice minister of agriculture and rural affairs, told a State Council Information Office press conference on Monday.
January 21, 2025
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Profits of China's central SOEs reach 2.6 trln yuan in 2024
The profits of China's centrally-administered state-owned enterprises (SOEs) registered steady growth in 2024, the country's top state assets regulator said on Friday.
January 19, 2025
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SOEs set to reshape economic growth
China's centrally administered State-owned enterprises will actively foster emerging industries and accelerate the modernization of traditional ones to drive economic growth in 2025, the country's top State-owned assets regulator said on Friday.
January 18, 2025
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China sees stable growth in people's incomes in 2024
People's incomes in China showed stable growth in 2024 amid a continued economic recovery, official data revealed on Friday.
January 18, 2025
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China very confident of sound 2025 economic development, official says
China has full confidence in its economic development prospects for 2025, despite potentially deepening adverse effects stemming from changes in the external environment, a senior official said on Friday.
January 18, 2025
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China maintains stable employment in 2024 with lower unemployment rate
The surveyed urban unemployment rate on average in China stood at 5.1 percent in 2024, down 0.1 percentage points from 2023, data from the National Bureau of Statistics (NBS) showed on Friday.
January 18, 2025
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China's GDP hits 134.9 trillion yuan, up 5% in 2024
China's economy grew by 5% year on year to 134.9 trillion yuan (US$18.77 trillion) in 2024, meeting the growth target and topping 130 trillion yuan for the first time, according to data released by the National Bureau of Statistics on Friday.
January 17, 2025
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China achieves 2024 growth target, bolsters global economy
China's gross domestic product (GDP) grew 5 percent year on year in 2024, meeting the annual target of around 5 percent, official data showed Friday.
January 17, 2025
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China's industrial production sees accelerated growth in 2024
China's industrial production experienced accelerated growth last year, driven by the country's continued efforts to optimize and upgrade its industrial structure, official data showed on Friday.
January 17, 2025
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China's retail sales up 3.5% in 2024
China's retail sales of consumer goods, a major indicator of the country's consumption strength, climbed 3.5 percent year on year in 2024, official data showed Friday.
January 17, 2025
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China's newborns rise in 2024, first time in years
China reported rises in both newborns and the birth rate in 2024 after seven consecutive years of decline, buoyed by a baby boom in post-COVID Year of the Dragon and a slew of birth-friendly policies.
January 17, 2025
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China's fixed-asset investment up 3.2% in 2024
China's fixed-asset investment went up 3.2 percent year on year in 2024, data from the National Bureau of Statistics showed Friday.
January 17, 2025
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China's property market sees stable prices as sentiment improves
The real estate market in China has shown more signs of warming amid stable home prices and improvements in market expectations, the National Bureau of Statistics (NBS) said Friday.
January 17, 2025
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China to continue boosting consumption in 2025
The Ministry of Commerce will further strengthen trade-in policies, launch consumption promotion events, and optimize the consumption environment to further boost consumer spending this year, according to a press conference on Wednesday.
January 16, 2025
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China strengthens IP protection for upcoming Asian Winter Games
China's top intellectual property regulator said on Wednesday that it has approved and registered 19 special symbols for the upcoming 9th Asian Winter Games Harbin 2025, including the emblem and mascots, to ensure comprehensive IP protection for the event.
January 16, 2025
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China's trade-in program boosts consumer goods sales by over 1.3 trln yuan
The sales revenue of consumer goods under China's policy-backed trade-in program has surpassed 1.3 trillion yuan (180.85 billion U.S. dollars), data from China's Ministry of Commerce showed on Wednesday.
January 15, 2025
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China becomes first nation with over 4M domestic invention patents
By the end of 2024, China held 4.76 million valid domestic invention patents, becoming the first country in the world with over 4 million patents, the China National Intellectual Property Administration announced at a press conference on Wednesday.
January 16, 2025
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Commerce ministry: China sees favorable conditions for foreign trade development in 2025
There are still many favorable conditions for China's development of foreign trade in 2025 despite external challenges, the Ministry of Commerce (MOC) said Wednesday.
January 16, 2025
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Commerce ministry: China reports active trade with BRI countries in 2024
China's trade in goods with Belt and Road Initiative (BRI) partner countries hit 22.1 trillion yuan (3.07 trillion U.S. dollars) in 2024, the Ministry of Commerce said on Wednesday.
January 16, 2025
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China pledges efforts to expand opening-up, welcomes foreign investment
China will roll out more measures to expand opening-up and attract more foreign investment in 2025, according to the Ministry of Commerce (MOC) on Wednesday.
January 15, 2025
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PBC: Bond buying suspension meant to address market risks
The People's Bank of China (PBC) has temporarily suspended treasury bond purchases to manage market risks and maintain stability, said the central bank's spokesperson Zou Lan at a press conference on Tuesday.
January 15, 2025
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Adjustments to monetary policies eyed
China will adjust the intensity and pace of monetary policies at the right time to support the achievement of annual economic targets, officials said on Tuesday, reaffirming the market's accommodative monetary environment for 2025.
January 15, 2025
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Chinese currency gaining traction in global markets
Offshore renminbi bond issuances more than doubled last year while panda bond issuances surged, highlighting the steady progress made by the Chinese currency in gaining traction in global markets, official data showed on Tuesday.
January 15, 2025
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Industrialized patents of Chinese enterprises continue to rise
The industrialization rate of invention patents among Chinese enterprises has been steadily rising, with medium and small-sized enterprises making a growing contribution, China's top intellectual property regulator said on Wednesday.
January 15, 2025
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China's innovation capabilities soar amid surge in high-value patents
China's innovation capabilities have surged, with 14 high-value invention patents per 10,000 people, marking a significant advancement in the country's intellectual property (IP) development, an official said at a press conference on Wednesday.
January 15, 2025
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China's yuan loans grow by 18.09 trln yuan in 2024
China's yuan-denominated loans rose by 18.09 trillion yuan (about 2.52 trillion U.S. dollars) in 2024, central bank data showed on Tuesday.
January 15, 2025
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Customs authority refutes overcapacity claims
At a press conference Monday, Vice Minister of the General Administration of Customs of China Wang Lingjun refuted U.S. overcapacity claims, stating that China's robust manufacturing sector ensures stable global industrial and supply chains and drives global technological progress and industrial upgrading.
January 15, 2025
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China's cross-border trade, investment more vibrant
China's cross-border trade and investment became more vibrant in 2024, said an official with the State Administration of Foreign Exchange (SAFE) on Tuesday, quoting official data.
January 15, 2025