China's investment in the construction of water transportation infrastructure grew by 30.3% year on year to reach 73.4 billion yuan (US$10.12 billion) in the first five months of 2023, and the expansion has helped to stabilize economic growth and drive domestic demand, the country's vice minister of transport said Friday.
July 3, 2023
2023-07-03
Sales of new energy vehicles (NEVs) in China saw a five-fold increase from 1.37 million units in 2020 to 6.89 million units in 2022, accounting for over one fourth of China's overall vehicle sales in 2022, the country's vice minister of industry and information technology said at a press conference Wednesday.
June 21, 2023
2023-06-21
China's retail sales of consumer goods increased 9.3% year on year in the first five months of 2023, 0.8 percentage point higher than the growth rate from January to April, the spokesperson of the National Bureau of Statistics said Thursday.
June 15, 2023
2023-06-15
This year marks the 10th anniversary of the China-Pakistan Economic Corridor (CPEC), a flagship project of the Belt and Road Initiative. Join us to learn about the CPEC and its signature projects, as well as how they benefit people along the corridor.
May 26, 2023
2023-05-26
This year marks the 10th anniversary of the launch of the China-Pakistan Economic Corridor (CPEC), a flagship project under the Belt and Road Initiative. The CPEC highlights energy, transportation, and industrial cooperation and has created an estimated 236,000 jobs by the end of 2022, according to a recent press briefing.
May 23, 2023
2023-05-23
China's retail sales of consumer goods, a gauge of the country's consumption vitality, increased 18.4% year on year in April, according to data released by the National Bureau of Statistics on Tuesday. The growth rate was 7.8 percentage points higher than the previous month.
May 16, 2023
2023-05-16
China's job market remained stable in the first quarter of 2023, with 2.97 million new jobs created in urban areas, 120,000 more than the same period in the previous year, an official announced during a press conference Thursday.
April 28, 2023
2023-04-28
In 2022, 19% of China's cross-border trade in goods was settled in RMB, 2.2 percentage points higher than 2021, an official of the People's Bank of China said at a press conference Sunday.
April 24, 2023
2023-04-24
In the first quarter of 2023, China produced 1.65 million new energy vehicles (NEVs) and sold 1.59 million units, up 27.7% and 26.2% year on year, respectively, said an official from the Ministry of Industry and Information Technology at a press conference Thursday.
April 23, 2023
2023-04-23
In the first quarter of 2023, China's total added value of industrial enterprises above the designated size was up by 3% year on year, 0.3 percentage point higher than the previous quarter, an official from the Ministry of Industry and Information Technology said Thursday.
April 21, 2023
2023-04-21
In the first quarter of 2023, China's foreign trade of agricultural products reached US$83.38 billion, rising 11.6% year on year, the Ministry of Agriculture and Rural Affairs said Thursday.
April 20, 2023
2023-04-20
Consumer spending contributed to 66.6% of China's economic growth in the first quarter of this year, marking a remarkable rebound compared to last year, according to the National Bureau of Statistics on Tuesday.
April 19, 2023
2023-04-19
China's foreign trade got off to a good start in the first quarter of 2023, with its value totaling 9.89 trillion yuan (US$1.44 trillion) and registering a year-on-year increase of 4.8%.
April 13, 2023
2023-04-13
China's imports of consumer goods reached 1.93 trillion yuan (US280.51 billion) in 2022, accounting for 11% of all imports and more than doubling the amount in 2012, said the country's vice minister of commerce at a press conference Monday.
April 6, 2023
2023-04-06
China will continue and improve a series of preferential tax and fee policies, which are expected to reduce burdens on market entities by over 480 billion yuan (US$ 70.2 billion) annually, the country’s vice finance minister said on Friday.
March 31, 2023
2023-03-31
China's exports of electric vehicles (EVs), lithium-ion batteries, and solar batteries grew by 60% year on year in the first two months of 2023, according to a press conference Monday.
March 20, 2023
2023-03-20
In the January-February period, China's fixed-asset investment (excluding rural households) totaled 5.36 trillion yuan (US$780 billion), up by 5.5% year on year, 0.4 percentage point faster than the full-year growth rate in 2022, according to a press conference Wednesday.
March 15, 2023
2023-03-15
China's cross-border receipts and payments settled in renminbi totaled 42 trillion yuan in 2022, an increase of 3.4 times compared to 2017, and accounted for nearly half of the country's total cross-border receipts and payments, according to a press conference Friday.
March 6, 2023
2023-03-06
The output of China's manufacturing industry, which accounted for 27.7% of its GDP in 2022, has ranked first globally for 13 consecutive years, said the minister of industry and information technology at a press conference Wednesday.
March 2, 2023
2023-03-02
China's tax refunds, and tax and fee cuts and deferrals, exceeded 4.2 trillion yuan (US$608.7 billion) in 2022, including a record 2.46 trillion-yuan worth of VAT credit refunds. The tax and fee policies have helped to ease the burdens of market entities.
March 2, 2023
2023-03-02
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