China sees stable forex reserves in Q1: Official

China's foreign exchange reserves remained generally stable in the first quarter of 2021. The figure decreased by US$46.5 billion to US$3.17 trillion by the end of March, according to a press conference Friday.

April 23, 2021

Medical insurance to be expanded for family use

China is expanding medical insurance accounts to enable them to be shared among immediate family members rather than reserved for personal use.

April 23, 2021

NDRC: China establishes world's largest social security system

China had established the world's largest social security system by the end of 2020, raising subsistence allowance standards and including more people into basic old-age insurance, basic medical insurance, unemployment insurance and occupational injury insurance.

April 22, 2021

New standard set for basic public services

China has released a new standard for national basic public services to ensure equal access for all people and improve people's basic livelihood, a leading official at the country's top economic planner said on Wednesday.

April 22, 2021

China's high-tech, equipment manufacturing sectors see robust growth in Q1

​China's high-tech and equipment manufacturing sectors posted rapid growth in the first quarter of 2021, up 31.2% and 39.9% year on year respectively, both higher than the overall growth of the manufacturing sector.

April 21, 2021

China's manufacturing PMI expansion indicates robust economy

The purchasing managers' index (PMI) for China's manufacturing sector came in at 51.9 in March, edging up from 50.6 in February and continuing its 13-month streak above the 50-point mark indicating economic expansion, according to a press conference Tuesday.

April 21, 2021

China's major economic indicators of industrial performance within reasonable range in Q1

China's major economic indicators of industrial performance were kept within a reasonable range in the first quarter of 2021, with the industrial output growing 24.5% year on year, according to a press conference on Tuesday.

April 21, 2021

Factory output revives in China

Industrial production in China has returned to pre-COVID-19 levels amid efforts to revive economic activity and the renewed confidence of enterprises, the Ministry of Industry and Information Technology said on Tuesday.

April 21, 2021

China preparing development plan to boost manufacturing prowess

China is formulating the development plan for its manufacturing sector for the 14th Five-Year (2021-2025) and medium- and long-term period, the Ministry of Industry and Information Technology said on Tuesday.

April 21, 2021

China builds world's largest 5G mobile network

China has made initial achievements in building the world's largest 5G mobile network, the Ministry of Industry and Information Technology (MIIT) said Monday.

April 20, 2021

Sound bites of the week (April 12-18)

A roundup of the top sound bites from the press conferences held by the State Council Information Office from April 12 to 18.

April 19, 2021

Chinese economy looks to sustain steady performance in 2021: NBS

The Chinese economy is on course to sustain its steady and sound performance in 2021, thanks to growing internal driving forces, improving quality of supply, and ever-increasing market vitality, according to a National Bureau of Statistics (NBS) official at a press conference on Friday.

April 18, 2021

First-quarter figures set record amid stable policy

China posted record economic growth in the first quarter, signaling that recovering consumer spending may soon help the world's second-largest economy return to pre-COVID-19 growth conditions, officials and experts said on Friday.

April 17, 2021

China's Q1 central SOEs investment posts rapid growth

China's centrally-administered state-owned enterprises (SOEs) invested 497.89 billion yuan (about 76.25 billion U.S. dollars) in fixed assets in the first three months. It is up 36.5 percent from a year ago, according to official data on Friday.

April 17, 2021

Combined net profits of China's central SOEs set new high in Q1

The combined net profits of China's centrally administered state-owned enterprises (SOEs) hit 415.29 billion yuan (US$63.62 billion) in the first quarter of 2021, setting a new record for the quarter, according to a press conference held Friday.

April 16, 2021

China's economy surges 18.3% in Q1

China's economy grew 18.3% year on year in the first quarter (Q1) of 2021. All major economic indicators registered double-digit growths from the same period last year, showing the country's robust economic recovery, according to a press conference Friday.

April 16, 2021

China's surveyed urban unemployment rate drops in March

China's surveyed urban unemployment rate stood at 5.3 percent in March, 0.6 percentage points lower than the same period last year, data from the National Bureau of Statistics (NBS) showed Friday.

April 16, 2021

China's industrial output up 24.5% in Q1

China's value-added industrial output, an important economic indicator, went up 24.5 percent year on year in the first quarter this year as factory activities continued to pick up, data from the National Bureau of Statistics (NBS) showed Friday.

April 16, 2021

China's fixed-asset investment up 25.6% in Q1

China's fixed-asset investment (FAI) posted a strong rebound in the first quarter of 2021 with continued improvement in investment structure, official data showed Friday.

April 16, 2021

Strong start to 2021, China economy powers ahead for high-quality growth

China's economy grew 18.3 percent year on year in the first quarter of 2021, as strong domestic and foreign demands powered recovery from a low base in early 2020 when COVID-19 stalled the world's second-largest economy.

April 16, 2021