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Economic Watch: China steps up counter-cyclical adjustment with policy rate cuts
With two policy rate cuts announced on a single day, Chinese monetary authorities are making greater efforts to strengthen counter-cyclical adjustment and shore up market expectations amid post-COVID recovery, analysts said.
China's industrial profits decline in Q1 but signs of recovery
China's major industrial firms experienced a decline in profits during the first quarter of 2023, but signs of recovery emerged with demand on the mend, data from the National Bureau of Statistics (NBS) showed Thursday.
Economic Watch: Demographic, talent dividend continues to drive China's high-quality economic development
China will continue to enjoy rich human resources and pick up its pace to improve the quality of the labor force to drive the country's high-quality economic development, according to analysts.
China's FDI inflow up 4.9 pct in first three months
Foreign direct investment (FDI) in the Chinese mainland, in actual use, expanded 4.9 percent year on year in the first three months of the year, the Ministry of Commerce said Thursday.
With swift economic recovery, China remains magnet for global firms
With faster-than-expected economic growth in the first quarter of 2023, China continues to exert a powerful pull for foreign investment, defying the so-called "decoupling" from the country and providing boons to the global economy.
Economic Watch: China's high-quality development to have positive spillover effects
China's pursuit of high-quality development will produce notable positive spillover effects for the global economy, facilitating trade and contributing to global decarbonization efforts, according to participants at an ongoing international forum in the southern Chinese city of Guangzhou.
Burgeoning economic, trade cooperation makes China, ASEAN keep at each other's major tradeing partner: expert
China and ASEAN have been firmly deepening bilateral relations and strengthening the level of economic and trade cooperation, making them keep at each other's major trading partner in the past three years, according to an expert.
China's CPI up 1 pct in February
China's consumer price index (CPI), a main gauge of inflation, rose 1 percent year on year in February, the National Bureau of Statistics (NBS) said Thursday.
China's PPI down 1.4 pct in February
China's producer price index (PPI), which measures costs for goods at the factory gate, went down 1.4 percent year on year in February, the National Bureau of Statistics (NBS) said Thursday.
China's inflation remains tame in February
China's inflation remained tame last month with a mild year-on-year consumer price increase and a slight drop in costs for goods at the factory gate, official data showed.
Interview: PwC global chairman optimistic about China's economy
The global chairman of PricewaterhouseCoopers (PwC) said on Monday that he was bullish on the economic outlook of China, given its strong consumer base, technological advancement and top exporter's position.
China's Guangdong targets 2023 GDP growth of over 5 pct
China's economic powerhouse Guangdong Province has set a GDP growth target of at least 5 percent for 2023, Guangdong governor Wang Weizhong said Thursday.
GLOBALink | Foreign business leaders upbeat on China's economic outlook in 2023
A survey by China's top trade-facilitating body shows that the majority of foreign firms in China are upbeat about China's economic outlook in 2023.
China posts outstanding economic performance while battling COVID-19
China has made outstanding achievements in both economic development and epidemic control over the past three years, with positive results delivered on both fronts, demonstrating huge potential for continued prosperity.
Economic Watch: China's economy sustains resilience in first 11 months
The Chinese economy has maintained resilient growth in the first 11 months of 2022, despite challenges posed by domestic COVID-19 outbreaks and a complex global environment.
China issues guideline on expanding domestic demand
China has released a guideline on expanding domestic demand and fostering a sound domestic demand system to promote its long-term development.
China Focus: China, a leading growth engine for world economy amid COVID-19 control
Specifically, China has maintained the overall stability of its economy, ensured grain supply, kept industrial and supply chains basically stable, and effectively protected people's lives and health.
China's FDI inflow up 14.4 pct in first 10 months
Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 14.4 percent year on year to nearly 1.09 trillion yuan in the first 10 months of the year, the Ministry of Commerce said Thursday.
China's non-financial ODI up 10.3 pct in Jan.-Oct.
China's non-financial outbound direct investment (ODI) reached 627.4 billion yuan in the first 10 months of the year, up 10.3 percent year on year, official data showed Thursday.
Economic Watch: China further eases corporate burden with tax, fee support
China's tax refunds, as well as tax and fee cuts and deferrals, topped 3.7 trillion yuan (about 525.8 billion U.S. dollars) this year as of Nov. 10, as the country continued efforts to ease enterprises' burden, official data showed Wednesday.
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