Support for industry critical in stabilizing economy

China will step up efforts to keep its sprawling industrial economy running stably in the second quarter so as to provide strong support for the macroeconomy amid uncertainties both at home and abroad, the nation's top industry regulator said on Tuesday.

April 20, 2022

China's central SOEs post steady revenue, profit growth in Q1

China's centrally administered state-owned enterprises (SOEs) saw solid revenue and profit growth in the first three months of 2022, the country's top state-asset regulator said Saturday.

April 20, 2022

China's central SOEs record growth in R&D spending

China's centrally administered state-owned enterprises (SOEs) spent more on research and development to boost innovation-driven development in the first three months of 2022, the country's top state-owned assets regulator said on Tuesday.

April 20, 2022

NBS: China's economy to remain on track despite challenges

The National Bureau of Statistics released the economic data of the first three months on Monday, and said the country is confident in sustaining the growth momentum for the whole year.

April 19, 2022

China's economy on solid footing despite challenges of COVID, external uncertainty

China's economy got off to a steady start in 2022 in the face of global challenges and a resurgence of COVID-19 cases.

April 19, 2022

China's industrial output expands 6.5% in Q1

China reported faster growth in its industrial production in the first quarter of 2022, with the added value of industries above the designated size growing 6.5% year on year, according to data released by the National Bureau of Statistics on Monday.

April 18, 2022

China's GDP rises 4.8% in Q1

China's economy got off to a steady start in 2022 despite challenges from an increasingly complex international environment and resurgences of COVID-19 at home. The country's gross domestic product expanded 4.8% year on year to 27.02 trillion yuan (US$4.24 trillion) in the first quarter of this year, the National Bureau of Statistics said Monday.

April 18, 2022

China's fixed-asset investment expands 9.3% in Q1

China's fixed-asset investment saw steady growth in the first quarter (Q1) of this year, bolstering overall economic growth, official data showed Monday.

April 18, 2022

China's retail sales up 3.3% in Q1

​China's retail sales of consumer goods went up 3.3 percent year on year in the first quarter of this year, the National Bureau of Statistics (NBS) said Monday.

April 18, 2022

China's industrial output up 6.5% in first quarter

​China's value-added industrial output, an important economic indicator, went up 6.5 percent year on year in the first quarter of this year, data from the National Bureau of Statistics (NBS) showed Monday.

April 18, 2022

China's industrial capacity utilization rate at 75.8% in Q1

China's industrial capacity utilization rate came in at 75.8 percent in the first quarter (Q1) of 2022, down 1.4 percentage points from the previous year, data from the National Bureau of Statistics (NBS) showed Monday.

April 18, 2022

China's GDP expands 4.8% in Q1

China's gross domestic product grew 4.8 percent year on year in the first quarter of 2022, data from the National Bureau of Statistics showed Monday.

April 18, 2022

China to send next space crew aloft in June

China announced on Sunday it will send its next spaceflight crew to the Tiangong space station in June following the successful return of the three astronauts of the Shenzhou XIII mission on Saturday.

April 18, 2022

Shenzhou XIII mission a success in testing tech for space station

The Shenzhou XIII mission has concluded the technology demonstration phase in the construction of China's Tiangong space station, according to a senior space official.

April 18, 2022

China's space station to enter new phase of application: Official

China's space station will enter a new phase of application and development that will span more than 10 years after the completion of its construction this year, according to a press conference on Sunday.

April 18, 2022

China reveals missions of Shenzhou-14, Shenzhou-15 space crews

The crews of China's Shenzhou-14 and Shenzhou-15 missions have been selected, and are carrying out relevant training and mission preparations, according to a press conference on Sunday.

April 18, 2022

Chinese assets attractive despite Fed rate hike pressure

Chinese assets are still attractive to investors despite pressure from interest rate hikes by the U.S. Federal Reserve, China's top banking regulator said Friday.

April 16, 2022

Outstanding inclusive loans to small businesses grow by 1.5 trillion yuan in Q1

China's outstanding inclusive loans to micro and small enterprises increased by more than 1.5 trillion yuan in the first quarter of 2022, an official from the China Banking and Insurance Regulatory Commission said at a press conference Friday.

April 15, 2022

Chinese banks' non-performing loan ratio declines in Q1

Chinese banks' bad loan ratio fell slightly in the first quarter and risks in the industry remained under control, data from the banking regulator showed Friday.

April 15, 2022

China deals heavy blow to telecom, cyber fraud

New cases involving telecom and internet fraud saw year-on-year decline for nine months in a row, the Ministry of Public Security announced at a press conference on Thursday.

April 15, 2022