China's gross domestic product (GDP) grew 5.3% year on year in the first quarter of 2024 to 29.63 trillion yuan (US$4.09 trillion), data from the National Bureau of Statistics showed Tuesday.
April 16, 2024
2024-04-16
The 4th China International Consumer Products Expo, China's first major international exhibition in 2024, opened in Hainan province on April 13. Over 3,000 brands from 59 countries and regions joined the largest boutique exhibition in the Asia-Pacific region.
April 13, 2024
2024-04-13
China will boost investment in equipment in seven major areas, including industry, agriculture, and construction, by at least 25% for the 2023-2027 period, an official of the National Development and Reform Commission said Thursday, citing a recently issued action plan.
April 12, 2024
2024-04-12
Fujian province is active in promoting policies of equal treatment, allowing Taiwan compatriots and enterprises to fully participate in the region's development opportunities, an official said Monday.
April 8, 2024
2024-04-08
China aims to boost its economy through new consumer trends, focusing on digital, green, and brand consumption, according to Vice Commerce Minister Guo Tingting. This initiative seeks to expand service consumption and tap into the growing demand for quality, sustainability, and technological innovation in consumer goods.
March 29, 2024
2024-03-29
China's central government plans to allocate 66.7 billion yuan (US$9.26 billion) of fiscal budget to support job creation and entrepreneurship in 2024, said Liao Min, vice minister of finance, at a press conference Thursday.
March 22, 2024
2024-03-22
China's retail sales of consumer goods, a major indicator of the country's consumption strength, expanded 5.5% year on year to 8.13 trillion yuan (US$1.13 trillion) in the first two months of 2024, according to official data released Monday.
March 18, 2024
2024-03-18
China's value-added industrial output above the designated size went up 7% year on year in the first two months of 2024, the National Bureau of Statistics said Monday.
March 18, 2024
2024-03-18
From the inception of China's carbon trading market in July 2021, the country's cumulative transactions of emission allowances had reached 440 million metric tons by the end of last year, totaling about 24.9 billion yuan (US$3.46 billion), said Zhao Yingmin, vice minister of ecology and environment, at a press conference Monday.
February 27, 2024
2024-02-27
From 2018 to 2023, China's fiscal expenditure on science and technology increased from 832.7 billion yuan to over 1 trillion yuan (US$139.25 billion), representing an average annual growth rate of 6.4%, the country's vice minister of finance said at a press conference Thursday.
February 1, 2024
2024-02-01
E-commerce prospered in China's rural areas in 2023, with the online retail sales totaling 2.49 trillion yuan (US$347.3 billion), said Deng Xiaogang, vice minister of agriculture and rural affairs, at a press conference Tuesday.
January 23, 2024
2024-01-23
China's newly implemented tax refunds, as well as tax and fee cuts and deferrals, exceeded 2.2 trillion yuan (US$309.1 billion) in 2023, according to Rao Lixin, deputy commissioner of the State Taxation Administration. This has helped buoy market expectations and improve market confidence and vitality, he said at a press conference Thursday.
January 19, 2024
2024-01-19
China's retail sales of consumer goods, a major indicator of consumption strength, increased 7.2% year on year to 47.15 trillion yuan (US$6.63 trillion) in 2023, according to data released by the National Bureau of Statistics on Wednesday.
January 17, 2024
2024-01-17
China's economy achieved a remarkable recovery in 2023, with its GDP growing 5.2% year on year to 126.06 trillion yuan (US$17.71 trillion), according to data released by the National Bureau of Statistics on Wednesday.
January 17, 2024
2024-01-17
The tone-setting annual Central Economic Work Conference was held in Beijing last week as Chinese leaders decided priorities for the economic work in 2024.
December 21, 2023
2023-12-21
China's retail sales of consumer goods, a significant measure of the country's consumption power, increased 7.6% year on year to 4.33 trillion yuan (US$597.4 billion) in October 2023, according to official data released Wednesday.
November 16, 2023
2023-11-16
In October 2023, the added value of China's industrial enterprises above the designated size logged a growth rate of 4.6% year on year, according to the National Bureau of Statistics at a press conference Wednesday.
November 16, 2023
2023-11-16
The sixth CIIE marks the first complete return to in-person exhibitions since the COVID-19 pandemic began. Here, China.org.cn highlights this year's event.
November 7, 2023
2023-11-07
Ten years since its inception, the Belt and Road Initiative has strengthened connectivity and injected sustained impetus into global development. Here is a quick look at its principles, objectives, and achievements.
November 2, 2023
2023-11-02
In the first three quarters of 2023, China's imports and exports with Belt and Road Initiative partner countries rose 3.1% year on year to 14.32 trillion yuan (US$1.96 trillion), accounting for 46.5% of China's total foreign trade.
October 19, 2023
2023-10-19
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