Supply chain heft opportunity for global firms

China's proactive support for global supply chain cooperation will enable both domestic and foreign companies to capitalize on new business opportunities and boost their confidence in investing in its market, the country's top foreign trade and investment promotion agency said on Monday.

October 29, 2024

2nd China Int'l Supply Chain Expo to be held in late November

The second China International Supply Chain Expo will be held in Beijing from Nov. 26 to 30 to promote global collaboration on industrial and supply chains, the China Council for the Promotion of International Trade announced at a press briefing Monday. The expo will feature a variety of activities such as business matchmaking events, industry seminars, and new product launches.

October 29, 2024

Chinese supply chain expo to promote global industrial cooperation

The second China International Supply Chain Expo will be held in Beijing from Nov. 26 to 30, and will focus on promoting international cooperation in industrial and supply chains, a Chinese trade official said on Monday.

October 29, 2024

China expects record bumper harvest in 2024

China's grain output is expected to exceed 700 million metric tons this year, a milestone harvest after the country has maintained yields above 650 million metric tons for nine consecutive years, said Zhang Xingwang, vice minister of agriculture and rural affairs, on Friday.

October 28, 2024

Grain yield seen topping 700M tons

Despite major food-producing areas being buffeted by typhoons and other extreme weather conditions earlier this year, agricultural officials said the nation's grain yield is expected to hit a record high.

October 28, 2024

China's auto industry shows strong momentum in Q1-Q3

China's automotive industry showed strong growth momentum in the first three quarters of 2024, with the industry's value added, production, sales, and exports all up compared to the same period last year, said Zhao Zhiguo, spokesperson of the Ministry of Industry and Information Technology, on Wednesday.

October 25, 2024

China's 2024 grain output expected to hit record high amid grain security drive

China's grain output is projected to hit a record high of 700 million tonnes this year, the Ministry of Agriculture and Rural Affairs said on Friday.

October 25, 2024

Shanghai to host 7th CIIE from Nov. 5-10

The 7th China International Import Expo will be held in Shanghai from Nov. 5 to 10, with participation from 152 countries, regions and international organizations, said Tang Wenhong, assistant minister of commerce, on Wednesday.

October 24, 2024

Jan-Sept industrial output proves solid

China's industrial economy maintained steady growth in the first three quarters, with more efforts to boost vehicle consumption, said the Ministry of Industry and Information Technology.

October 24, 2024

China to formulate action plan for manufacturing industry's green, low-carbon development

China's Ministry of Industry and Information Technology (MIIT) will formulate an action plan for green and low-carbon development of the manufacturing industry, a spokesperson said Wednesday.

October 24, 2024

Official: Import expo in Shanghai to promote high-level opening up

​The 7th China International Import Expo (CIIE), scheduled to be held in Shanghai from Nov. 5 to 10, will play its role as a platform to promote high-level opening up, an official said Wednesday.

October 24, 2024

China's industrial sector reports steady operations from Q1 to Q3

China's industrial sector logged stable growth in the first three quarters of 2024, the Ministry of Industry and Information Technology said on Wednesday.

October 24, 2024

China's forex market turnover up 10.1% in Jan-Sept

Trading on China's foreign exchange market was active in the first three quarters of this year as it saw a turnover of US$30.27 trillion, up 10.1% year on year, the State Administration of Foreign Exchange said at a press conference Tuesday.

October 23, 2024

Chinese banks report forex settlement deficit in first 3 quarters

China's commercial banks saw a forex settlement deficit of $121.3 billion in the first three quarters of this year, official data showed Tuesday.

October 23, 2024

Yuan-based assets seen more alluring

Renminbi financial assets are set to attract more foreign investment in the months ahead after foreign holdings of onshore bonds and equities rose amid the country's sharpening policy focus on shoring up asset prices, according to officials and analysts.

October 23, 2024

Foreign holdings of renminbi bonds reach historic high

The yield on renminbi bonds has been good since the start of the year, attracting foreign investors to increase their holdings, an official with the State Administration of Foreign Exchanges said on Tuesday.

October 22, 2024

China's forex market sees active trading in first 3 quarters

China's foreign exchange market recorded active trading during the first nine months of this year, demonstrating strong resilience with market expectations and transactions remaining generally rational and orderly, the country's forex regulator said on Tuesday.

October 22, 2024

Chinese economy shows positive changes in September

The Chinese economy showed positive changes in September, with industrial output and retail sales of consumer goods up 5.4% and 3.2% year on year, respectively, according to Sheng Laiyun, deputy commissioner of the National Bureau of Statistics, on Friday.

October 21, 2024

China's industrial output grows 5.8% in Q1-Q3

In the first three quarters of 2024, China's industrial output grew 5.8% year on year, with robust increases shown in equipment and high-tech manufacturing industries, said the National Bureau of Statistics at a press conference Friday.

October 21, 2024

China's retail sales of consumer goods up 3.3% in Q1-Q3

​In the first three quarters of 2024, China's total retail sales of consumer goods logged 35.36 trillion yuan (US$4.96 trillion), up 3.3% year on year, said Sheng Laiyun, deputy commissioner of the National Bureau of Statistics, on Friday.

October 21, 2024

China's consumer market grows as policies fuel domestic demand

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

October 18, 2024

Home price decline stabilizes in major Chinese cities, expectations improve

Major Chinese cities saw a stabilization in the price decline of commercial residential homes in September, along with improved expectations for the property sector, official data showed on Friday.

October 18, 2024

China's GDP expands 4.8% in first 3 quarters

China's gross domestic product (GDP) grew 4.8 percent year on year in the first three quarters of 2024, data from the National Bureau of Statistics (NBS) showed Friday.

October 18, 2024

China's service output up 4.7% in first 3 quarters

China's value-added service output went up 4.7 percent year on year in the first three quarters of 2024, data from the National Bureau of Statistics showed Friday.

October 18, 2024

China's retail sales up 3.3% in first 3 quarters

China's retail sales of consumer goods went up 3.3 percent year on year in the first three quarters of 2024, the National Bureau of Statistics (NBS) said Friday.

October 18, 2024

China's fixed-asset investment up 3.4% in first 3 quarters

China's fixed-asset investment rose 3.4 percent year on year in the first three quarters of 2024, data from the National Bureau of Statistics (NBS) showed Friday.

October 18, 2024

China's industrial output up 5.8% in first 3 quarters

China's value-added industrial output, an important economic indicator, went up 5.8 percent year on year in the first three quarters of 2024, official data showed on Friday.

October 18, 2024

China to double loans for 'white list' properties by end of 2024

As part of the incremental measures to stabilize the property sector, China will increase its loans for select real estate projects to over 4 trillion yuan (US$561.63 billion) by end of year, doubling the amount through mid-October, Vice Minister of the National Financial Regulatory Administration Xiao Yuanqi announced Thursday. Local authorities are recommending financial institutions to give support to these "white list" projects.

October 18, 2024

China unveils new measures to stabilize housing market

​Chinese officials announced new measures on Thursday to cement signs of stabilization in the property sector, after a bundle of pro-housing policies rolled out last month brought about "positive changes in the market."

October 18, 2024

New measures set to revive realty sector

China has rolled out new policy measures to rejuvenate the shaky property sector, with expanded funding for troubled property developers and renovation of an additional 1 million homes high on the agenda.

October 18, 2024