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NBS: Innovative, green development boosts China's economy in H1
China's economy witnessed a 5.5% growth in the first half of 2023, a result of the country's continuous innovative development and green shift, the National Bureau of Statistics said Monday.
July 18, 2023 -
Chinese economy witnesses steady growth in H1, prospects look bright
In the first half of this year, in the face of a grave and complex international environment and arduous tasks of reform, development and stability at home, all regions and departments made great efforts to stabilize growth, employment and prices, said NBS spokesperson Fu Linghui at a press conference.
July 18, 2023 -
China's fixed-asset investment rises by 3.8% in H1
China's fixed-asset investment (excluding rural households) reached 24.31 trillion yuan (US$3.41 trillion) in the first half of this year, representing a 3.8% increase year on year, the statistics authority said at a press conference Monday.
July 17, 2023 -
China sustains economic growth with better structure, driving force in H1
China's GDP grew 5.5% year on year in the first half of 2023, according to data released by the National Bureau of Statistics (NBS) on Monday. NBS Spokesperson Fu Linghui said the growth rate is the result of improved economic structure and optimized driving force.
July 17, 2023 -
China's industrial output up 4.4% in June
China's industrial production continues to recover steadily, with its output registering a year-on-year growth of 4.4% in June, the National Bureau of Statistics announced at a press briefing Monday.
July 17, 2023 -
China's retail sales continue expansion as consumers willing to spend more
China's retail sales of consumer goods, a major gauge of the country's consumption strength, continued to expand in the first half of this year, as the ongoing economic recovery and rise in residents' income have stimulated an increased propensity among consumers to spend generously, the National Bureau of Statistics (NBS) said Monday.
July 17, 2023 -
China's property investment keeps cooling in H1 at slower pace
China's investment in property development continued to decline in the first half of the year, albeit at a slower pace, indicating a stabilization of the property market since the beginning of the year thanks to a slew of cooling measures.
July 17, 2023 -
China's industrial capacity utilization rate at 74.5% in Q2
China's industrial capacity utilization rate came in at 74.5 percent in the second quarter (Q2) of 2023, up 0.2 percentage points compared to the rate registered in the first quarter of this year, data released Monday by the National Bureau of Statistics showed.
July 17, 2023 -
China's GDP expands 5.5% in H1
China's gross domestic product (GDP) grew 5.5 percent year on year in the first half of 2023, data from the National Bureau of Statistics (NBS) showed Monday.
July 17, 2023 -
China's power generation up 3.8% in H1
China's power generation climbed 3.8 percent year on year in the first half of this year, official data showed on Monday.
July 17, 2023 -
China's fixed-asset investment up 3.8% in H1
China's fixed-asset investment went up 3.8 percent year on year in the first half (H1) of 2023, data from the National Bureau of Statistics showed Monday.
July 17, 2023 -
China's industrial output up 3.8% in H1
China's value-added industrial output, an important economic indicator, went up 3.8 percent year on year in the first half of this year, data from the National Bureau of Statistics (NBS) showed Monday.
July 17, 2023 -
China's service output up 6.4% in H1
China's service sector registered faster expansion in the first half (H1) of this year and contributed more to the broader economy, official data showed on Monday.
July 17, 2023 -
China to refine city-specific real-estate market policies
China's financial departments will work to improve city-specific policies in the real estate market.
July 17, 2023 -
PBC expects no deflation risk in Chinese economy, stable yuan exchange rate
China's central bank on Friday shed light on the country's inflation outlook, the trajectory of the Chinese currency's exchange rate and dynamics within the real estate market.
July 17, 2023 -
China's CPI to recover from next month, PBC official says
China's consumer inflation may further decline in July but is likely to gradually recover from August to a level close to 1 percent by the end of the year, said Liu Guoqiang, deputy governor of the People's Bank of China, the central bank.
July 17, 2023 -
Regulation on consular protection unveiled
A regulation on consular affairs was unveiled by the State Council on Friday in a bid to make China's consular protection and assistance more law-based, institutionalized and standardized to promote the safety and interests of overseas Chinese.
July 17, 2023 -
PBC official vows to fend off RMB's sharp ups, downs
China's cental bank will move to correct pro-cyclical and one-sided market behaviors when necessary to prevent sharp ups and downs of the Chinese currency renminbi (RMB), or the yuan, an official said Friday.
July 17, 2023 -
China harnesses fresh impetus for trade
In response to foreign trade pressures in the first half of this year, China has worked to expand emerging markets, build high-level open platforms, and foster competitive industries, harnessing fresh impetus for trade.
July 14, 2023 -
China sets trade record with 20.1 trillion yuan in H1
China's foreign trade volume reached a record high of 20.1 trillion yuan (US$2.8 trillion) in the first half of this year, according to the General Administration of Customs on Thursday.
July 14, 2023