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  • China's industrial output up 2.4% in Jan-Feb

    China's value-added industrial output, an important economic indicator, went up 2.4 percent year on year in the first two months of 2023, data from the National Bureau of Statistics (NBS) showed Wednesday.

    March 15, 2023
  • China's retail sales up 3.5% in Jan-Feb

    China's retail sales of consumer goods, a major indicator of the country's consumption strength, increased 3.5 percent year on year in the first two months of 2023, data from the National Bureau of Statistics (NBS) showed Wednesday.

    March 15, 2023
  • China's fixed-asset investment up 5.5% in Jan-Feb

    China's fixed-asset investment went up 5.5 percent year on year in the first two months of this year, 0.4 percentage points higher than the full-year growth rate of 2022, data from the National Bureau of Statistics showed Wednesday.

    March 15, 2023
  • China's economy continues to pick up

    China's economy is stabilizing and picking up in the first two months of 2023 with notable improvement in both demand and supply, the National Bureau of Statistics said on Wednesday.

    March 15, 2023
  • China's consumer demand expected to get boost from precautionary savings

    Financial experts anticipate that the pent-up demand for consumption in China will be further unleashed as household savings in the country reached a new high last year.

    March 9, 2023
  • Official: China's growth target of 5% conducive to high-quality development

    China's target of around 5% growth this year suits the trend and laws of economic development and reflects the strong confidence and momentum of all regions across the country, said an official of the country's top economic planner at a press conference Monday.

    March 7, 2023
  • Growth target of 5% called reasonable

    China's growth target of around 5 percent for 2023 is reasonable and achievable, as it conforms to the nation's economic trends and will foster high-quality development, the country's top economic regulator said on Monday.

    March 7, 2023
  • China confident of meeting 2023 economic growth target

    ​China is confident of meeting its 2023 economic growth target through hard work, an official with the country's top economic planner said Monday.

    March 7, 2023
  • China's monetary policy supports high-quality growth

    China's prudent monetary policy has provided a favorable financial environment for high-quality development, Yi Gang, governor of the People's Bank of China (PBOC), said Friday.

    March 6, 2023
  • China leverages monetary policies to secure sound development

    China's central bank will implement the country's prudent monetary policy in a targeted and effective way to create a suitable monetary and financial environment for the country's high-quality economic development.

    March 6, 2023
  • China expands cross-border RMB use

    China's cross-border receipts and payments settled in renminbi totaled 42 trillion yuan in 2022, an increase of 3.4 times compared to 2017, and accounted for nearly half of the country's total cross-border receipts and payments, according to a press conference Friday.

    March 6, 2023
  • China forges closer trade ties with Belt and Road countries in past decade

    In the past 10 years, solid progress has been made between China and Belt and Road countries with growing trade and investment, higher infrastructure connectivity, and increasing cooperation on industrial and supply chains, according to a press conference Thursday.

    March 3, 2023
  • Official: China still has largest population, labor force

    Despite a decline in its labor force, China still has the largest population and workforce as a developing country, and it will continue to strengthen economic development to provide more jobs, said an official at a press conference Thursday.

    March 3, 2023
  • Greater effort vowed on foreign investment

    China is a market foreign enterprises must go to, and the country will further strengthen efforts to retain and attract more high-quality foreign investment, Commerce Minister Wang Wentao said on Thursday.

    March 3, 2023
  • China's consumer market continues to rise

    China's consumer market has been steadily recovering this year, showing a rising momentum following the optimization of COVID-19 measures, the Ministry of Commerce said during a news briefing on Thursday.

    March 3, 2023
  • China vows solid measures to ensure employment stability

    China will continue to implement solid measures this year to "go all out to maintain overall stability in employment," a senior official said on Thursday.

    March 3, 2023
  • China, Belt and Road countries enjoy closer trade ties

    Economic and trade ties between China and countries along the Belt and Road have grown significantly over the past decade, a commerce official said on Thursday.

    March 3, 2023
  • Newly established SMEs surge in China in 2022

    In 2022, China saw an average of 23,800 enterprises established every day, with the total number of micro, small and medium-sized enterprises exceeding 52 million, an official said Wednesday.

    March 2, 2023
  • China's manufacturing sector tops world for 13 years

    The output of China's manufacturing industry, which accounted for 27.7% of its GDP in 2022, has ranked first globally for 13 consecutive years, said the minister of industry and information technology at a press conference Wednesday.

    March 2, 2023
  • Over 4,100 suggestions, proposals adopted to address public concerns in 2022

    ​More than 4,100 suggestions and proposals made by national legislators and political advisors were adopted by departments of China's State Council in 2022, with 2,100 of them turned into policies and measures to address issues concerning reform and development, as well as those related to major concerns of the public, an official said at a press conference Tuesday.

    March 2, 2023
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