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China's fiscal revenue down 2.3% in first 2 months of 2024
China's fiscal revenue fell 2.3 percent year on year in the January-February period, but rose 2.5 percent after adjusting on comparable basis, official data showed Thursday.
March 22, 2024 -
China budgets 66.7 billion yuan for employment in 2024
China's central government plans to allocate 66.7 billion yuan (US$9.26 billion) of fiscal budget this year to support job creation and entrepreneurship, said Liao Min, vice minister of finance, at a press conference Thursday.
March 22, 2024 -
China's actual use of foreign capital in 2023 marks third highest in history
Despite apparent fluctuations in the scale of foreign investment in 2023, China's actual use of foreign capital exceeded 1.1 trillion yuan (US$152.83 billion), the third largest year in history, an official of the National Development and Reform Commission said at a press conference Wednesday.
March 21, 2024 -
China ramps up efforts to attract foreign investment across diverse industries
China has started revising the industry catalog of sectors encouraging foreign investment, the country's top economic planner said on Wednesday.
March 21, 2024 -
Nation opens up wider to foreign investors
China is expanding its investment scope for foreign investors with steps to revise the encouraged industries catalog and shorten the negative list for foreign investment, offering more business opportunities for global stakeholders, officials said on Wednesday.
March 21, 2024 -
Beijing eyes more foreign investment
Beijing will continue to enhance its business environment to attract investment by introducing a series of foreigner-friendly measures and strengthen international exchanges, amid its comprehensive efforts to promote high-quality development.
March 20, 2024 -
Beijing makes notable progress in sci-tech innovation
In recent years, Beijing has made significant progress in becoming an international sci-tech innovation hub. The city has been ranked as the world's top science city for eight years in a row, and 337 tech companies were created every day on average in 2023, Mayor Yin Yong said at a press conference Tuesday.
March 20, 2024 -
Beijing boosts int'l sci-tech innovation hub amid high-quality development
Beijing Municipality will focus on building itself into a major international sci-tech innovation center and leverage its strategic role as the national capital to develop new quality productive forces in a drive to enhance the city's high-quality development, local authorities said on Tuesday.
March 20, 2024 -
Beijing to further promote high-quality development
Beijing Municipality will continue to leverage its strategic role as the national capital and speed up high-quality development, local authorities said on Tuesday.
March 20, 2024 -
China's new economic drivers continue to thrive in Jan-Feb
China's new quality productive forces have made strides on various fronts in the first two months of this year. Specifically, the value added of high-tech manufacturing industries grew by 7.5%, while investment in high-tech industries surged by 9.4%, said Liu Aihua, spokesperson of the National Bureau of Statistics, at a press conference Monday.
March 19, 2024 -
Chinese economy off to robust start in 2024 as recovery gains traction
The Chinese economy has maintained good recovery momentum, beginning the year on a solid note as the country's macro policies took effect, official data showed Monday.
March 19, 2024 -
China's private investment turns positive in Jan-Feb
China's private investment in fixed assets rose 0.4% year on year in the first two months of this year, compared to a 0.4% decline in the whole year of 2023, the National Bureau of Statistics said Monday.
March 19, 2024 -
China's retail sales expand 5.5% in Jan-Feb
China's retail sales of consumer goods, a major indicator of the country's consumption strength, expanded 5.5% year on year to 8.13 trillion yuan (US$1.13 trillion) in the first two months of 2024, according to official data released Monday.
March 18, 2024 -
China's industrial output grows 7% in Jan-Feb
China's value-added industrial output above the designated size went up 7% year on year in the first two months of this year, the National Bureau of Statistics said Monday.
March 18, 2024 -
China's surveyed urban unemployment rate at 5.3% in Jan-Feb
The surveyed urban unemployment rate on average in China stood at 5.3 percent in the first two months of 2024, data from the National Bureau of Statistics (NBS) showed on Monday.
March 18, 2024 -
China's industrial output accelerates pace in Jan-Feb
China's industrial production picked up pace in the first two months of 2024, accompanied by faster growth in the high-tech manufacturing and the consumer goods manufacturing sectors, official data showed Monday.
March 18, 2024 -
China's fixed-asset investment up 4.2% in Jan-Feb
China's fixed-asset investment went up 4.2 percent year on year in the first two months of this year, 1.2 percentage points higher than the full-year growth rate of 2023, data from the National Bureau of Statistics (NBS) showed Monday.
March 18, 2024 -
China's property development investment down 9% in first 2 months
Investment in property development in China fell 9 percent year on year to 1.1842 trillion yuan (about 167 billion U.S. dollars) in the first two months of 2024, the National Bureau of Statistics (NBS) data showed Monday.
March 18, 2024 -
China's service sector posts faster growth in Jan-Feb
China's service sector registered faster growth in the first two months of 2024, with an official production index up 5.8 percent year on year, data from the National Bureau of Statistics (NBS) showed Monday.
March 18, 2024 -
Spokesperson: China has conditions to achieve full-year growth target
China has conditions to achieve its full-year growth target of around 5 percent for 2024 via enhanced efforts, a spokesperson of the National Bureau of Statistics (NBS) said Monday.
March 18, 2024