China Economic Roundtable
Factbox: Expanded Domestic Demand Underscores China’s Economic Vitality, Potential
Domestic demand, which encompasses both consumption and investment, is a crucial engine for economic growth,…
China Stimulates Domestic Demand To Strengthen Economic Upturn
As China navigates a complex global economic landscape, it seeks to stimulate domestic demand to…
China’s Green, Low-carbon Development Nurtures New Opportunities: OfficialÂ
China’s green and low-carbon development features bright spots and nurtures new opportunities, an official with…
China Focus: Raising Retirement Age A Proactive Response To Population Aging
China’s move to raise its statutory retirement age is a proactive and effective measure tackling…
Economic Watch: Vibrant Q1 Consumption Mirrors China’s Economic Stamina
China’s economic outlook remains positive as the country’s consumer spending surged in the first quarter (Q1) of 2024, signaling a strong contribution to domestic demand and overall economic growth China’s retail sales of consumer goods, a major indicator of the country’s consumption strength, climbed 4.7 percent year on year in Q1 2024, according to data from the National Bureau of Statistics (NBS). Analysts believe that the sustained growth in consumer spending is a testament to China’s economic resilience and the…
In Numbers: Highlights Of China’s New Quality Productive Forces Reveal Growth Momentum
China has sped up industrial upgrading by cultivating new quality productive forces, laying a solid foundation for strengthened recovery momentum this year and beyond. The following are some figures highlighting the country’s progress in certain areas within the first quarter (Q1) of this year. EMERGING INDUSTRIES The high-tech manufacturing sector registered a growth of 7.5 percent in Q1, accelerating by 2.6 percentage points from the fourth quarter of 2023. Investment in high-tech industries has experienced robust growth, increasing by 11.4…
China In Perspective: China’s High-Quality Development Will Present Opportunities For Enterprises
China’s ongoing drive to advance high-quality development will create new opportunities for enterprises, according to industry insiders who joined the fourth episode of the China Economic Roundtable, an all-media talk platform hosted by Xinhua News Agency “We started from scratch like many other small Chinese companies, but after reaching a certain size, we had to undergo a major transformation to extend the growth momentum,” said You Hongtao, chairman of Chongqing Pharscin Pharmaceutical Co., Ltd. Today the company is listed on…
The Stable Growth Of China’s Economy Adds Certainty To Global Economic Landscape
China’s economic performance achieved a “good start” in the first quarter of 2024, bringing certainty to the volatile global economic landscape, according to a guest speaker at the fourth episode of the China Economic Roundtable, an all-media talk platform hosted by Xinhua News Agency. The global economic landscape will still see a year full of uncertainty, with complicated international environment, frequent geopolitical conflicts, and the trend of high inflation, high debt pressure, high interest rates and low economic growth remaining…
A Closer Look At China’s Economic Steadiness, Vitality And Potential
The Chinese economy has seen its recovery gather steam in the first quarter (Q1) of 2024, displaying strength and resilience and bringing much-needed certainty to an otherwise uncertain global economic landscape. In the first three months of the year, China’s GDP expanded 5.3 percent from one year earlier, accelerating from 5.2 percent in the previous quarter, data from the National Bureau of Statistics (NBS) showed. Acknowledging the performance as a “good start,” guest speakers at the fourth episode of the…