Home -  SCIO briefing on China's economic performance of first half of 2023 - 

  • 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

  • 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

  • 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 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 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 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 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'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 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