China’s economy continues its strong recovery, registering 18.3 percent year-on-year growth in the first quarter. The economic recovery on the global level, however, has been unbalanced. In the first quarter, the US economy had recovered to pre-pandemic levels. And with vaccination rates rising and the weather warming, service sector is to recover at a faster […]
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China’s economy rebounds strongly in the first two months, industrial output up 35.1%
China’s economy has shed the clouds of the coronavirus and picked up its recovery in the first two months of 2021, with key economic indicators improving at a sizable growth rate of more than 30 percent, thanks to last year’s low base and a steady acceleration of manufacturing are fired up by domestic and overseas […]
14 things you may not know about China’s Economy
Background explainers, news, and analysis on China’s economy, including its opening up, the US-China trade war, the impact of tariffs and trade talks, growth rates and other key economic data, the Belt and Road Initiative, and the Greater Bay Area plan. Read the full article here… To accelerate the success of your leaders and high […]
China’s economy grows despite pandemic
China’s economy maintained a stable recovery in 2020 in face of the severe challenges at home and abroad created by the COVID-19 pandemic, with people’s well-being effectively guaranteed and better-than-expected accomplishments for major targets of economic and social development. Major economic indicators, such as value-added industrial output, fixed-asset investment, foreign trade, foreign direct investment, per […]
China to overtake 56 economies by 2025 in per capita income
A clerk of ICBC bank counts Chinese 100 yuan banknotes as she poses for the camera during a photo opportunity at its branch in Beijing, April 13, 2016. [Photo/Agencies] China is set to overtake 56 economies in the world’s per-capita income rankings by 2025, Bloomberg reported, quoting the projection from the International Monetary Fund on […]
China predicted to report 2.3% positive GDP growth: research
A European economic research report expects China to be the only major economy to report positive growth in 2020, The Global economy may contract for 4.4%, signaling a steady recovery for the world’s second-largest economy in the post-pandemic era. Among the world’s major economies, China is looking for a 2.3% growth this year, while the […]