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  • China's forex market turnover dips in January

    China's foreign exchange (forex) market recorded a turnover of 18.46 trillion yuan (about 2.85 trillion U.S. dollars) in January, official data showed.

    March01,2021


  • China's sharing economy turnover grows 2.9 pct in 2020: report

    China's sharing economy demonstrated remarkable resilience and potential in 2020 amid the COVID-19 epidemic, with its market turnover up around 2.9 percent year on year, a report from the State Information Center showed.

    March01,2021


  • 1st LD: China's manufacturing PMI edges down as holiday affects activity

    The purchasing managers' index (PMI) for China's manufacturing sector came in at 50.6 in February, edging down from 51.3 in January, data from the National Bureau of Statistics (NBS) showed Sunday.

    March01,2021


  • Economic Watch: China's manufacturing PMI edges down as holiday slackens activity

    China's manufacturing activity expanded at a slower pace in February as the Spring Festival holiday during the period affected factory production and businesses, official data showed Sunday.

    March01,2021


  • Factbox: China's economic and social progress in 2020

    Braving the virus test and challenges in domestic and international situations, the Chinese economy ended 2020 on solid footing, becoming the only major economy to achieve positive growth in the pandemic-ravaged year.

    March01,2021


  • Interview: China, a linchpin of global supply chain, consumers spending -- scholar

    Sharp increase in China's retail sales volume during its Lunar New Year week indicates that China has become not only a linchpin of the global supply chain but also a linchpin of global consumers spending, a U.S. scholar has said.

    February26,2021


  • Chinese SOEs mull development plans for 2021-2025

    China's centrally-administered state-owned enterprises (SOEs) are making growth plans for the 14th Five-Year period (2021-2025), with a focus on high-quality development to underpin broader economic and social development.

    February24,2021


  • Data highlights of Chinese economy during Spring Festival holiday

    China's economy continued to gather steam during the Spring Festival period, although millions of people have stayed put for the weeklong holiday starting on Feb. 11, which usually sees mass migration across the country.

    February19,2021


  • Interview: China's Q1 GDP likely to log double-digit growth

    China is expected to see a faster economic recovery in the first half of 2021, with its gross domestic product (GDP) in the first quarter likely to log double-digit growth, an expert has said.

    February04,2021


  • China issues 4.55 trln yuan in local gov't bonds in 2020

    hina issued 4.55 trillion yuan (about 703 billion U.S. dollars) in new local government bonds in 2020, data from the Ministry of Finance (MOF) showed.

    February01,2021


  • China's non-manufacturing PMI drops in January

    The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 52.4 in January, down from 55.7 in December, the National Bureau of Statistics (NBS) said Sunday.

    February01,2021


  • Economic Watch: China's manufacturing activity slows in January amid COVID-19 resurgence

    The purchasing managers' index (PMI) for China's manufacturing sector came in at 51.3 in January, edging down 0.6 percentage points from December, data from the National Bureau of Statistics.

    February01,2021


  • China's private consumption to more than double by 2030: report

    China is expected to see the size of its private consumption more than double in the next decade, with the share of services slated to outgrow goods, according to a research report from Morgan Stanley.

    January29,2021


  • Economic Watch: Zooming into China's economy in 2020 beneath headline growth

    ​BEIJING, Jan. 21 (Xinhua) -- With a strong rebound in the fourth quarter, China ended 2020 with a full-year expansion of 2.3 percent, becoming the only major economy to achieve positive growth in the pandemic-ravaged year.

    January22,2021


  • A look at China's economy in 2020

    China's gross domestic product (GDP) expanded 2.3 percent year on year in 2020, exceeding the 100-trillion-yuan (15.42 trillion U.S. dollars) threshold to 101.5986 trillion yuan, official data showed Monday.

    January22,2021


  • Pragmatic economic policy key to China's economic recovery: expert

    China's pragmatic policy has become the main factor in ensuring the recovery of its economy amid the COVID-19 pandemic in 2020, a Ukrainian expert told Xinhua on Wednesday.

    January22,2021


  • China's economy has strong momentum for continued outperformance in 2021: U.S. economist

    The basis for China's robust economic recovery has been the control of COVID-19, a renowned U.S. economist said Tuesday, noting the country has strong momentum for continued outperformance in 2021.

    January20,2021


  • GLOBALink|Chinese economy's V-shaped recovery in 2020

    In 2020, China's economy withstood the impact of the COVID-19 epidemic, walked out of the downturn and resumed growth. Latest data show that the country's GDP exceeded 100 trillion yuan, up 2.3 percent year on year. Produced by Xinhua Global Service

    January20,2021


  • GLOBALink | What does China's 100-trillion-yuan GDP mean for the world

    China's gross domestic product (GDP) expanded 2.3 percent year on year in 2020, exceeding the 100-trillion-yuan (15.42 trillion U.S. dollars) threshold to 101.5986 trillion yuan, official data showed Monday. The pace was faster than the 0.7-percent increase in the first three quarters, data from the National Bureau of Statistics (NBS) showed.

    January20,2021


  • China's 2020 per capita disposable income doubles from 2010 level

    China's per capita disposable income reached 32,189 yuan (about 4,961 U.S. dollars) in 2020, more than double the level in 2010, official data showed Tuesday.

    January20,2021


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