Recovery likely to gain a firmer footing, experts say
4 months, 3 weeks ago

Recovery likely to gain a firmer footing, experts say

China Daily  

A view of Beijing's CBD area on Nov 29, 2023. China's economic recovery is expected to gain a firmer footing in the remainder of the year, as policymakers are poised to roll out a package of stimulus measures aimed at stabilizing growth and deepening structural reforms in the second half, analysts said on Wednesday. Citing key measures mapped out at Tuesday's meeting, Wang Qing, chief macroeconomic analyst at Golden Credit Rating International, said he expects to see a series of measures aimed at stabilizing the growth in the second half, including an accelerated push for issuing local government bonds in the third quarter. NBS data showed that China's economy grew 5 percent year-on-year in the first half, which is consistent with the country's preset annual growth target of around 5 percent for 2024. "To achieve the annual growth target, China's second-half GDP growth rate should hit about 5 percent," said Xiong Yuan, chief economist at Guosheng Securities, who estimated that the economic recovery may pick up pace in the third quarter, bolstered by a recovery in investment and robust export performance amid strong policy stimulus.

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History of this topic

Chinese economy records steady recovery
1 week, 1 day ago

Chinese economy records steady recovery

China Daily  

China's economy showed a steady recovery trend supported by key economic indicators released on Monday by the National Bureau of Statistics, amid a slew of policy incentives that boosted market confidence. Output of industries above a designated level grew by 5.4 percent year-on-year in November, a 0.1 percentage point higher than last month. Retail sales, a key measurement of consumer …

Chinese economy records steady recovery
1 week, 1 day ago

Chinese economy records steady recovery

China Daily  

China's economy showed a steady recovery trend supported by key economic indicators released on Monday by the National Bureau of Statistics, amid a slew of policy incentives that boosted market confidence. Output of industries above a designated level grew by 5.4 percent year-on-year in November, a 0.1 percentage point higher than last month. Retail sales, a key measurement of consumer …

PPI shows modest recovery last month
2 weeks ago

PPI shows modest recovery last month

China Daily  

Shoppers buy vegetables at a supermarket in Lianyungang, Jiangsu province. Going forward, bolder-than-expected interest rate cuts may consolidate the fledgling demand recovery while a near-term cut in banks' reserve requirement ratio is likely, analysts said, as a top-level meeting called for "moderately loose" monetary policy for the first time since the 2007-09 global financial crisis. China's producer price index — …

China's manufacturing PMI at 50.3 in November
3 weeks, 1 day ago

China's manufacturing PMI at 50.3 in November

China Daily  

chinadaily.com.cn| Updated :2024-12-02 China's manufacturing activity expanded for the second consecutive month in November with a series of recent stimulus measures gradually taking effect, official data showed on Saturday. Data from the National Bureau of Statistics showed that China's official purchasing managers index for the manufacturing sector came in at 50.3 in November, up from 50.1 in October. NBS data …

China's manufacturing PMI at 50.3 in November
3 weeks, 3 days ago

China's manufacturing PMI at 50.3 in November

China Daily  

China's manufacturing activity expanded for the second consecutive month in November with a series of recent stimulus measures gradually taking effect, official data showed on Saturday. Data from the National Bureau of Statistics showed that China's official purchasing managers index for the manufacturing sector came in at 50.3 in November, up from 50.1 in October. NBS data showed manufacturers expressing …

China's economy to sustain recovery in Nov-Dec: NDRC
Trending News
1 month ago

China's economy to sustain recovery in Nov-Dec: NDRC

China Daily  

BEIJING - China's economy is expected to maintain its recovery momentum in November and December thanks to the effectiveness of the country's policy toolkit, the National Development and Reform Commission said on Tuesday. The commission, the country's top economic planner, is working with other parties to achieve the full-year growth target, said NDRC spokesperson Li Chao at a press conference. …

China's economy to sustain recovery in Nov-Dec: NDRC
1 month ago

China's economy to sustain recovery in Nov-Dec: NDRC

China Daily  

Xinhua | Updated: 2024-11-19 11:20 BEIJING - China's economy is expected to maintain its recovery momentum in November and December thanks to the effectiveness of the country's policy toolkit, the National Development and Reform Commission said on Tuesday. The commission, the country's top economic planner, is working with other parties to achieve the full-year growth target, said NDRC spokesperson Li …

Incremental policy measures sustain China's recovery trend in October
Top News
1 month, 1 week ago

Incremental policy measures sustain China's recovery trend in October

China Daily  

China reported sustained recovery trends in October due to a set of incremental policy measures that have significantly bolstered market confidence, key economic indicators revealed on Friday. Figures released by the National Bureau of Statistics showed that China's value-added industrial output, a gauge of activity in the manufacturing, mining and utilities sectors, grew by 5.3 percent in October from a …

Incremental policy measures sustain China's recovery trend in October
Top News
1 month, 1 week ago

Incremental policy measures sustain China's recovery trend in October

China Daily  

China reported sustained recovery trends in October due to a set of incremental policy measures that have significantly bolstered market confidence, key economic indicators revealed on Friday. Figures released by the National Bureau of Statistics showed that China's value-added industrial output, a gauge of activity in the manufacturing, mining and utilities sectors, grew by 5.3 percent in October from a …

Incremental policy measures sustain China's recovery trend in October
Top News
1 month, 1 week ago

Incremental policy measures sustain China's recovery trend in October

China Daily  

China reported sustained recovery trends in October due to a set of incremental policy measures that have significantly bolstered market confidence, key economic indicators revealed on Friday. Figures released by the National Bureau of Statistics showed that China's value-added industrial output, a gauge of activity in the manufacturing, mining and utilities sectors, grew by 5.3 percent in October from a …

Incremental policy measures sustain China's recovery trend in October
1 month, 1 week ago

Incremental policy measures sustain China's recovery trend in October

China Daily  

China reported sustained recovery trends in October due to a set of incremental policy measures that have significantly bolstered market confidence, key economic indicators revealed on Friday. Figures released by the National Bureau of Statistics showed that China's value-added industrial output, a gauge of activity in the manufacturing, mining and utilities sectors, grew by 5.3 percent in October from a …

Incremental policy measures sustain China's recovery trend in October
1 month, 1 week ago

Incremental policy measures sustain China's recovery trend in October

China Daily  

China reported sustained recovery trends in October due to a set of incremental policy measures that have significantly bolstered market confidence, key economic indicators revealed on Friday. Figures released by the National Bureau of Statistics showed that China's value-added industrial output, a gauge of activity in the manufacturing, mining and utilities sectors, grew by 5.3 percent in October from a …

Incremental policy measures sustain China's recovery trend in October
1 month, 1 week ago

Incremental policy measures sustain China's recovery trend in October

China Daily  

China reported sustained recovery trends in October due to a set of incremental policy measures that have significantly bolstered market confidence, key economic indicators revealed on Friday. Figures released by the National Bureau of Statistics showed that China's value-added industrial output, a gauge of activity in the manufacturing, mining and utilities sectors, grew by 5.3 percent in October from a …

Will China attempt economic revival markets seek post-COVID with multi-trillion-yuan initiatives?
1 month, 2 weeks ago

Will China attempt economic revival markets seek post-COVID with multi-trillion-yuan initiatives?

Live Mint  

China is expected to unveil significant economic measures Friday at the conclusion of the National People's Congress Standing Committee meeting, aiming to revive its struggling economy, AP reported. Analysts believe China may need substantial, multi-trillion-yuan initiatives to reinvigorate growth in the world’s second-largest economy, which has yet to recover fully from the COVID-19 pandemic. Any new spending or economic boost …

Growth expected to pick up after lull
1 month, 2 weeks ago

Growth expected to pick up after lull

China Daily  

The skyline of Beijing. They commented as data from media group Caixin pointed to the fastest expansion of services activity in three months while manufacturing activity resumed upward momentum, matching the improvements of official indicators. David Chao, global market strategist for the Asia-Pacific region at Invesco, said: "China's leading economic indicators improved across the board for October, suggesting that the …

China's Manufacturing PMI Recovers to 50.1, Signaling Economic Vitality
1 month, 3 weeks ago

China's Manufacturing PMI Recovers to 50.1, Signaling Economic Vitality

China Daily  

China's economic vitality continues to improve, with the manufacturing PMI reaching a six-month high of 50.1 in October. The sub-index for production rose to 52, while new orders edged up to 50 from 49.9 in September, indicating a recovery in production activity. Prices in the manufacturing sector recovered as the sub-gauge for the main raw material purchase prices jumped from …

China's Economic Stability: A Steady Beacon Amid Global Uncertainty
1 month, 3 weeks ago

China's Economic Stability: A Steady Beacon Amid Global Uncertainty

China Daily  

China's economy remains a stabilizing force in the global economy, despite the challenges of global geopolitical rivalries and rising government debt. The country's structural reforms and high-quality development strategies have contributed to its stability and growth. China's commitment to high-quality development and its willingness to engage in global trade and cooperation remain crucial for maintaining its economic prosperity and stability …

China's Economic Recovery on Track, With Positive Impact on GDP
2 months ago

China's Economic Recovery on Track, With Positive Impact on GDP

China Daily  

China's economy is showing signs of recovery, with the GDP growing by 4.6 percent in the third quarter, higher than the 4.5 percent market expectations. The authorities have implemented various policies to boost market confidence, including reducing the reserve requirement ratio and interest rates, lowering the interest rate on existing housing loans, and issuing a stimulus package. The financial market …

China's Economic Recovery on Track, With Positive Impact on GDP
2 months ago

China's Economic Recovery on Track, With Positive Impact on GDP

China Daily  

China's economy is showing signs of recovery, with the GDP growing by 4.6 percent in the third quarter, higher than the 4.5 percent market expectations. The government's policies, including reduced reserve requirements and interest rates, have helped boost market confidence and support the recovery of key industries such as manufacturing and real estate. While exports may continue to decline, the …

China’s economy grows at a 4.6% rate in the last quarter, falls short of the official target
2 months ago

China’s economy grows at a 4.6% rate in the last quarter, falls short of the official target

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The latest data show the world’s second largest economy …

China's Economic Revival: A Fiscal Stimulus Package to Boost Growth
2 months, 1 week ago

China's Economic Revival: A Fiscal Stimulus Package to Boost Growth

China Daily  

China's economy is expected to receive substantial stimulus in 2024 as the government implements various measures to stabilize the real estate market and boost investment. The focus is on fiscal and monetary policies, with the government considering increasing fiscal deficits or issuing special treasury bonds to alleviate local government debt pressures. Additionally, the government plans to increase investment funding to …

China factory surveys show economy weakening, as Beijing steps up support
2 months, 3 weeks ago

China factory surveys show economy weakening, as Beijing steps up support

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy China's economy weakened further in …

China's service sector sees expansion while production shrinks
3 months, 3 weeks ago

China's service sector sees expansion while production shrinks

China Daily  

Staff members work at a factory of Chint Group in Shanghai in May. China's factory activity shrank for the fourth consecutive month this August, while the service sector has expanded at a faster pace, official data showed on Saturday. Data from the National Bureau of Statistics showed that China's official purchasing managers index for the manufacturing sector came in at …

Rising industrial profits propel recovery
3 months, 3 weeks ago

Rising industrial profits propel recovery

China Daily  

Vehicles are under examination at a smart factory of Seres Group in Liangjiang New Area, Southwest China's Chongqing municipality, April 25, 2024. China's industrial profits rose in July at their fastest pace in five months, propelled by stable industrial production and robust new growth drivers, official data showed on Tuesday, amid signs of steady economic recovery coupled with a gradual …

China on track to reach economic growth goal
4 months ago

China on track to reach economic growth goal

China Daily  

Xu Hongcai, deputy director of the China Association of Policy Science's Economic Policy Committee delivers a speech at a news conference held in Beijing, on Tuesday. China is well poised to achieve its economic growth goal of about 5 percent this year, as the country continues to boost domestic demand, a senior expert said on Tuesday. Xu also said insufficient …

China's factory output disappoints, dashing hopes for speedy recovery
4 months, 1 week ago

China's factory output disappoints, dashing hopes for speedy recovery

The Hindu  

China's factory output growth slowed and missed expectations in July, adding to a series of indicators that show the world's second-largest economy is struggling to kick into a higher gear, even with recent government support. "The data shows that the economy has gotten off to a weak start in the second half of the year, and it is expected that …

China reports growth in the consumer economy
4 months, 1 week ago

China reports growth in the consumer economy

China Daily  

chinadaily.com.cn| Updated :2024-08-15 China reported major economic data on Thursday that pointed to faster growth on the consumer side while both industrial production and investment grew at a slower pace in July. Figures released on Thursday by the National Bureau of Statistics showed China's retail sales, a key measurement of consumer spending, grew by 2.7 percent year-on-year in July, up …

China reports growth in the consumer economy
4 months, 1 week ago

China reports growth in the consumer economy

China Daily  

By Ouyang Shijia | chinadaily.com.cn | Updated: 2024-08-15 10:01 China reported major economic data on Thursday that pointed to faster growth on the consumer side while both industrial production and investment grew at a slower pace in July. Figures released on Thursday by the National Bureau of Statistics showed China's retail sales, a key measurement of consumer spending, grew by …

Chinese economy gathers steam amid targeted policy mix
5 months, 1 week ago

Chinese economy gathers steam amid targeted policy mix

China Daily  

Containers are unloaded at Qingdao Port in Shandong province in March. BEIJING - Multiple indicators have pointed to improved performance of the Chinese economy in the first half, signaling sustained recovery momentum as the country navigates hurdles and headwinds with a targeted policy mix. Speaking at a symposium on the economic situation last week, Premier Li Qiang said that the …

CPI heralds modest price rises in H2
5 months, 1 week ago

CPI heralds modest price rises in H2

China Daily  

China Daily| Updated :2024-07-12 China's consumer prices will likely increase modestly in the second half of this year, as domestic demand and consumption are expected to recover with a series of macroeconomic policy measures taking effect gradually, analysts said. "The mild rise in consumer prices points to the economy's continued recovery trend, while the persistently low price levels suggest the …

China needs more momentum in its economic recovery
5 months, 2 weeks ago

China needs more momentum in its economic recovery

China Daily  

CAI MENG/CHINA DAILY China's economy is still in a post-pandemic recovery stage, with production indicators in January and February showing positive trends. From January to April, China's exports grew 11.4 percent year-on-year, and manufacturing investment maintained a rapid growth rate. Driven by exports and manufacturing investment, industrial production recovered relatively well, with a growth rate of 6 percent from January …

Effective policy to steer economy forward
5 months, 3 weeks ago

Effective policy to steer economy forward

China Daily  

Employees work on the production line of a textile company in Ganzhou, Jiangxi province. China's economy is on track for steady recovery in the second half given effective policy stimulus measures and thriving new growth drivers, said economists and executives. The Caixin China General Manufacturing Purchasing Managers' Index rose to 51.8 in June from 51.7 in May, the highest level …

Surveys show Chinese economy growing but at modest pace
5 months, 3 weeks ago

Surveys show Chinese economy growing but at modest pace

Associated Press  

BANGKOK — Surveys of Chinese factory managers showed a mixed outlook for the world’s second-largest economy in June, with growth steady but not picking up much steam. “From the perspective of output, China’s economy is maintaining expansion, but the momentum of recovery still needs to be consolidated,” the official Xinhua News Agency cited Zhao Qinghe, senior statistician for the National …

China's industrial profits up 3.4% in January-May
5 months, 3 weeks ago

China's industrial profits up 3.4% in January-May

China Daily  

Xinhua| Updated :2024-06-28 BEIJING -- Profits of China's major industrial firms increased 3.4 percent year-on-year in the first five months of the year, official data showed Thursday. The profits of the equipment manufacturing sector continued to increase rapidly in the January-May period, with the combined profits of the sector gaining 11.5 percent year-on-year, said the NBS. The surge contributed 3.6 …

China's industrial profits up 3.4% in January-May
5 months, 3 weeks ago

China's industrial profits up 3.4% in January-May

China Daily  

Profits of China's major industrial firms increased 3.4 percent year-on-year in the first five months of the year, official data showed Thursday. The profits of the equipment manufacturing sector continued to increase rapidly in the January-May period, with the combined profits of the sector gaining 11.5 percent year-on-year, said the NBS. The surge contributed 3.6 percentage points to the country's …

China's industrial profits up 3.4% in January-May
5 months, 3 weeks ago

China's industrial profits up 3.4% in January-May

China Daily  

Profits of China's major industrial firms increased 3.4 percent year-on-year in the first five months of the year, official data showed Thursday. The profits of the equipment manufacturing sector continued to increase rapidly in the January-May period, with the combined profits of the sector gaining 11.5 percent year-on-year, said the NBS. The surge contributed 3.6 percentage points to the country's …

China's economy maintains recovery momentum
6 months, 1 week ago

China's economy maintains recovery momentum

China Daily  

By Ouyang Shijia| chinadaily.com.cn| Updated :2024-06-17 China's economy continued the recovery trend in May amid a steady rebound in demand, the National Bureau of Statistics said on Monday. China's value-added industrial output - a gauge of activity in the manufacturing, mining and utilities sectors - grew by 5.6 percent in May from a year earlier after 6.7 percent in April, …

IMF upgrades its forecast for China’s economy, but says reforms are needed to support growth
6 months, 3 weeks ago

IMF upgrades its forecast for China’s economy, but says reforms are needed to support growth

Associated Press  

The International Monetary Fund has upgraded its forecast for China’s economy, while warning that consumer-friendly reforms are needed to sustain strong, high-quality growth. The IMF’s report, issued late Tuesday, said the world’s second-largest economy will likely expand at a 5% annual rate this year, based on its growth in the first quarter and recent moves to support the property sector. …

China's economic recovery gets off to a great start this year
8 months ago

China's economic recovery gets off to a great start this year

China Daily  

A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. China's economic recovery has gotten off to a good start this year, laying a solid foundation for achieving annual economic targets, said Pan Gongsheng, governor of the People's Bank of China, the country's central bank. Addressing the 49th meeting of the International …

China’s economy beats expectations, growing 5.3 percent in first quarter
8 months, 1 week ago

China’s economy beats expectations, growing 5.3 percent in first quarter

Al Jazeera  

Statistics agency says economy has made ‘good start’ to the year under the leadership of Chinese President Xi Jinping. China’s economy grew faster than expected in the first three months of the year, a boost for policymakers grappling with a property-sector crisis, weak consumer demand and mounting government debt. The NBS said in a statement that the economy had made …

China reports 5.3% GDP growth for Q1
8 months, 1 week ago

China reports 5.3% GDP growth for Q1

China Daily  

By Ouyang Shijia | chinadaily.com.cn | Updated: 2024-04-16 10:02 China's gross domestic product expanded by 5.3 percent year-on-year in the first quarter after a 5.2 percent rise in the fourth quarter, official data showed on Tuesday, boding well for a steady economic recovery in the following months. On a quarter-on-quarter basis, China's GDP grew by 1.6 percent in the first …

China reports 5.3% GDP growth for Q1
8 months, 1 week ago

China reports 5.3% GDP growth for Q1

China Daily  

By Ouyang Shijia | chinadaily.com.cn | Updated: 2024-04-16 10:02 China's gross domestic product expanded by 5.3 percent year-on-year in the first quarter after a 5.2 percent rise in the fourth quarter, official data showed on Tuesday, boding well for a steady economic recovery in the following months. On a quarter-on-quarter basis, China's GDP grew by 1.6 percent in the first …

Economist predicts further upswing for economy
8 months, 2 weeks ago

Economist predicts further upswing for economy

China Daily  

China's economic outlook is poised to improve in the following months, buoyed by robust fiscal spending, and the country's growth target of around 5 percent for 2024 is achievable, according to a renowned economist. Huang Yiping, dean of Peking University's National School of Development, told China Daily in an exclusive interview that the nation's economy is relatively stable, with better-than-expected …

Is China’s economy finally bottoming out?
8 months, 3 weeks ago

Is China’s economy finally bottoming out?

Live Mint  

Better late than never: After a rough 2023 and early 2024, the first read on China’s economy in March points to a tentative rebound heading into the second quarter. Data released over the weekend showed China’s official factory purchasing managers index in March moving back above the 50-point level separating expansion from contraction for the first time since September. But …

PMI uptick another positive sign: China Daily editorial
8 months, 3 weeks ago

PMI uptick another positive sign: China Daily editorial

China Daily  

A staff member assembles a planter at the workshop of an agricultural machinery manufacturing enterprise in Jiamusi, Northeast China's Heilongjiang province on March 12. There was more good news for the Chinese economy as the manufacturing purchasing managers' index reached 50.8 percent in March, up 1.7 percentage points from February. It is an encouraging sign that all three major manufacturing …

China's manufacturing activity expands in March after a 5-month lull
8 months, 3 weeks ago

China's manufacturing activity expands in March after a 5-month lull

The Hindu  

Manufacturing in China expanded in March after contracting for five consecutive months, according to an official survey of factory managers released on March 31, suggesting a rebound in industrial activities following the Lunar New Year holiday. China’s National Bureau of Statistics senior statistician Zhao Qinghe said the market became more active as companies resumed and sped up production after the …

China’s manufacturing activity expands in March after a 5-month lull
8 months, 3 weeks ago

China’s manufacturing activity expands in March after a 5-month lull

Associated Press  

BEIJING — Manufacturing in China expanded in March after contracting for five consecutive months, according to an official survey of factory managers released Sunday, suggesting a rebound in industrial activities following the Lunar New Year holiday. National Bureau of Statistics senior statistician Zhao Qinghe said the market became more active as companies resumed and sped up production after the Lunar …

Experts see signs of recovery in economy
8 months, 3 weeks ago

Experts see signs of recovery in economy

China Daily  

Participants discuss the outlook for the Chinese economy during the Boao Forum for Asia Annual Conference 2024 in Boao, Hainan province, on Thursday. FENG YONGBIN/CHINA DAILY China's economy is showing signs of steady recovery with effective measures to boost domestic demand and tackle structural issues, participants attending the Boao Forum for Asia Annual Conference 2024 said on Thursday. Citing some …

China will continue to make strides, and contribute to global economy
9 months ago

China will continue to make strides, and contribute to global economy

China Daily  

An aerial drone photo shows a container vessel berthing at the smart zero-carbon terminal of Tianjin Port in North China on Feb 2. In the first two months of this year, China's total retail sales of consumer goods increased by 5.5 percent year-on-year, reflecting further strengthening of its consumption momentum. In January, 4,588 new foreign-invested enterprises were established in China, …

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