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Economic Watch: Int'l financial institutions upbeat on China's economic growth
Several foreign financial institutions have raised their forecasts of China's economic growth for the rest of the year as the country's key economic indicators point to strong recovery amid COVID-19 prevention and control.
Chinese retail sales grow amid signs of wider economic recovery: UK newspaper
Chinese retail sales grow for the first time this year, and the rise in consumer spending is the latest indicator of wider economic recovery in the Asian country, a major British newspaper reported Tuesday.
China's Q3 GDP growth to accelerate evidently on sustained recovery momentum: NBS
China's economic growth is expected to see "an evident acceleration" in the third quarter if recovery momentum sustains in September, Fu Linghui, spokesperson of the National Bureau of Statistics (NBS), said Tuesday.
China's fixed-asset investment down 0.3 pct in Jan.-Aug.
China's fixed-asset investment (FAI) edged down 0.3 percent year on year during the January-August period, with the decline narrowing from the 1.6-percent fall in the first seven months, official data showed Tuesday.
Economic Watch: Record electricity use reflects China's economic recovery momentum
China's electricity consumption, a barometer for economic operation, saw new highs in the last couple of months, reflecting the sound momentum of the country's economic recovery.
Economic Watch: China advances digital trade to fuel economic growth
China has set its sights on the rapidly developing digital economy and digital trade to fuel economic development and seek higher-level opening-up.
Economic Watch: China's foreign trade maintains stable growth amid support measures
China has seen continued recovery in foreign trade amid government measures to support firms in the sector, official data showed on Monday.
China sees rise in knowledge-intensive services trade
China saw increased trade in knowledge-intensive services during the first seven months of this year, although its total services trade declined amid COVID-19 epidemic, the Ministry of Commerce said on Tuesday.
China Focus: China offers sliver of hope to hammered global tourism industry
The fast containment of the COVID-19 epidemic and recovery of the economy in China has offered a glimpse of hope to the global tourism industry that has been hit hard by the raging disease.
China's foreign trade up 6 pct in August
China saw its foreign trade rise 6 percent year on year in August in yuan terms, with exports up 11.6 percent and imports down 0.5 percent respectively, official data showed Monday. Enditem
Economic Watch: China revs up services trade to fuel growth
China, the world's second-largest economy, has set its sights on services trade to stabilize foreign trade and power growth amid weaker global demand and economic headwinds.
China's box office nears 3.4 bln yuan in August
China's box office sales reached 3.39 billion yuan (about 495.6 million U.S. dollars) in August, bringing the total box office for 2020 to 5.8 billion yuan, as the world's second-largest box-office market gradually recovers.
China's top property developers see robust sales in Jan.-Aug.
China's top real estate developers saw robust sales in the first eight months of this year, an industrial report showed.
China formalizes 15 national e-commerce demonstration bases
China has formalized 15 new national e-commerce demonstration bases in efforts to foster the development of the sector.
China int'l services trade fair reports 95,000 entries
The 2020 China International Fair for Trade in Services (CIFTIS) reported a total of 95,000 entries from 7:00 a.m. to 5:00 p.m. Saturday, according to the Beijing Municipal Commerce Bureau.
Economic Watch: China's PMI remains in expansion territory as economy rebounds
The purchasing managers' index (PMI) for China's manufacturing sector decreased to 51 in August from 51.1 in July, the National Bureau of Statistics (NBS) said Monday.
Economic Watch: Chinese consumer sentiment perks up, bolsters economic recovery
As the COVID-19 epidemic tapers off in the country and pent-up consumption demand gradually unleashes, China's economic recovery in the second half of the year will gain more momentum.
Delivery for online orders important in stabilizing employment: report
China's new profession of delivery personnel for online orders has played an important role in creating jobs and stabilizing employment, a report from the Ministry of Human Resources and Social Security showed.
Economic Watch: China's targeted policy tools help cash-strained small businesses
While the COVID-19 epidemic is taking a toll on the real economy, China's financial authority has managed to bail small businesses out and help them fare better with targeted policy instruments.
China's industrial profits up 19.6 pct in July
Profits of China's major industrial firms in July totaled 589.5 billion yuan (about 85.56 billion U.S. dollars), increasing by 19.6 percent year on year, data from the National Bureau of Statistics (NBS) showed Thursday.
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