News Muncher - category demand economic

4 weeks ago

China’s economy is in for another rough year

EACH DECEMBER China’s rulers gather for their Central Economic Work Conference, where they review the past 12 months and preview the tasks they face in the year ahead. Back-of-the-envelope calculations by Citigroup, a bank, suggest tariffs that high could cut 2.4 percentage points from China’s growth rate, if the government did nothing to cushion the blow. When the economy faltered …

China Demand Local Governments Retail Sales

4 weeks ago

Stimulating demand tops policy agenda

China Daily

Commerce Ministry eyes larger scope for consumer goods trade-in program More policies are in the pipeline to supercharge domestic demand, with analysts forecasting a doubling of ultra-long special treasury bonds targeting consumption and an expansion of the scope of trade-in programs to encompass a wider range of product categories. Citing the recently concluded Central Economic Work Conference, analysts said stimulating …

Domestic Demand

1 month ago

Reform should address market's practical concerns

China Daily

In November, the manufacturing purchasing managers' index rose by 0.2 percentage points from the previous month to 50.3, a rise for the third consecutive month and reaching a seven-month high. The package of incremental policies launched since the end of September has gradually realized its intended effects, with major indicators related to industry, services, consumption and investment recovering at the …

Practical Concerns

Reform should address market's practical concerns

China Daily

ECONOMIC DAILY | Updated: 2024-12-09 07:39 An employee works on the production line of a combine harvester manufacturer in Qingzhou, Shandong province. WANG JILIN/FOR CHINA DAILY In November, the manufacturing purchasing managers' index rose by 0.2 percentage points from the previous month to 50.3, a rise for the third consecutive month and reaching a seven-month high. Notably, as the manufacturing …

Production Supply

2 months, 1 week ago

E-way bills hit record high in October driven by festival season demand

Live Mint

India’s supply chain activity reached new heights in October, with e-way bill generation—a key measure of freight movement and economic health—surging to an unprecedented 117.25 million, marking a 17% year-on-year increase, according to data from the Goods and Services Tax Network. As a high-frequency economic indicator, e-way bill activity closely tracks broader economic trends, with higher freight volumes often signalling …

India Economic High Demand Festival Season Bill Gst

9 months, 3 weeks ago

Real GDP growth may hit 8% this fiscal year, signals FinMin

The Hindu

India’s economy may well end up growing by about 8% this fiscal, outstripping the 7.6% real GDP growth projected by the National Statistical Office, the Finance Ministry signalled on Friday, citing the continuing momentum in economic activity in the ongoing final quarter of 2023-24. Despite risks such as “hardening crude oil prices” and “global supply chain bottlenecks to trade”, the …

India Inflation Ministry Nso

10 months, 1 week ago

China says economy got a strong start in 2024, sets sights on latest technology, upgrading factories

Associated Press

BEIJING — China has plenty of room to maneuver to attain its annual target for robust economic growth of about 5% after a strong start for the year, top economic officials said Wednesday, though they acknowledged it’s a challenge. It’s hard to fully meet needs using existing funding channels and there’s an urgent need to increase support,” he said at …

China Market Congress Beijing Zheng

1 year, 1 month ago

Chinese leaders wrap up annual economic planning meeting with scant details on revving up growth

Associated Press

BEIJING — Chinese leaders agreed at an annual planning meeting to step up spending to help rev up the world’s second-largest economy, state media reported Friday, without giving details of any policy changes. The report said that the meeting concluded “the proactive fiscal policy should be appropriately intensified and improved in quality and efficiency.” Recent estimates suggest the Chinese economy …

China Report Chinese Meeting Xinhua

1 year, 3 months ago

May not be a 'Chinese Century': How Xi Jinping's economic mismanagement can derail Beijing's big dreams

Firstpost

A slower China means less demand for commodities and imports and less geopolitically-driven Chinese investments and influence in places like Africa The at least $17.7 trillion Chinese economy has been facing a slowdown recently, which is hard to miss due to China’s global trade and investment connections. The IMF expects China’s economy to expand 5.2 per cent this year after …

Real Estate Growth China Investment Consumption Demand Chinese

1 year, 10 months ago

Oil drops 3% as high inflation risks stoke demand worries

Live Mint

Oil prices fell by $2 per barrel to their lowest in two weeks on Wednesday, as investors became more concerned that recent economic data will mean more aggressive interest rate increases by central banks, pressuring economic growth and fuel demand. Minutes from the latest US Federal Reserve meeting showed a majority of Fed officials agreed that the risks of high …

Fed Oil Drops

2 years, 11 months ago

每日一词∣促进春节消费 boost consumption for the upcoming Spring Festival holiday

China Daily

1月16日，国家发展改革委发布《关于做好近期促进消费工作的通知》（以下简称《通知》），强调在精准有效做好疫情防控前提下，抓住春节等传统佳节消费旺季契机，满足居民节日消费需求，进一步释放居民消费潜力，推动实现一季度经济平稳开局。 China's top economic planner has released a notice aimed at boosting consumption as the Spring Festival holiday approaches while maintaining precise COVID-19 control. 1月14日晚，居民在湖北省恩施土家族苗族自治州宣恩县城贡水河畔观看彩灯。（图片来源：新华社）【知识点】如今，假日经济已成为大众日常生活中不可或缺的一部分。“十四五”规划纲要中提到，扩大节假日消费，完善节假日制度，全面落实带薪休假制度。在疫情防控常态化的背景下，假日经济这块“蛋糕”应继续做大做好，让假日消费不断为经济发展注入新动能。目前，节假日消费需求呈现出优质化、便利化、人性化以及多样化等特点。推动假日经济发展，要立足国情，找准方向，精准施策。随着春节脚步渐近，促消费再迎重磅支持。国家发展改革委16日发布的《通知》围绕消费时点、消费热点和消费重点，提出了10个方面的工作举措：因地制宜多措并举满足居民节日消费需求；打造线上节庆消费提质升级版；有效拓展县域乡村消费；乘势而上扩大居民冰雪消费；大力提升文旅休闲服务供给；进一步激发智慧零售新活力；积极发展绿色消费；促进住房消费健康发展；落实好中小微企业纾困政策；全力保障困难群众等群体基本生活消费。【重要讲话】要建立起扩大内需的有效制度，释放内需潜力，扩大居民消费，使建设超大规模的国内市场成为一个可持续的历史过程。 We should set up an effective system to boost domestic demand, unleash the potential of domestic demand and encourage consumer spending, thus making the formation of a super-sized domestic market …

Consumption Domestic Demand

3 years, 8 months ago

Consumer prices shot up 0.8% in April as worries escalate

Associated Press

WASHINGTON — A worrisome bout of inflation struck the U.S. economy in April, with consumer prices for goods and services surging 0.8% — the largest monthly jump in more than a decade — and the year-over-year increase reaching its fastest rate since 2008. The April inflation report showed that food prices rose 0.4%, the biggest such increase since a 0.5% …

Inflation Economic Fed Increase Months Powell Consumer Prices

3 years, 9 months ago

Jan-Feb industrial output surges over 35%

China Daily

Employees work at a truck assembly workshop of Shaanxi Automobile Holding Group Co in Xi'an, Shaanxi province, in February. ZHANG BOWEN/XINHUA China's economic recovery remained well on track in the first two months of the year, with surging industrial production and consumption, boding well for the world's second-largest economy's first-quarter growth results, officials and experts said on Monday. Economic growth …

Growth China Industrial Economic Recovery Liu Ing Retail Sales

4 years ago

每日一词∣需求侧改革 demand-side reform

China Daily

中共中央政治局近日召开会议指出，明年要坚持扩大内需战略，强化科技对经济发展的战略支撑，扩大高水平对外开放，努力保持经济运行在合理区间。 China will strive to spur domestic demand, strengthen strategic support of science and technology for economic development and expand high-standard opening-up to enable its economic growth to remain within a reasonable range in the next year, according to the meeting of the Political Bureau of the Communist Party of China Central Committee. 会议提出，要扭住供给侧结构性改革，同时注重需求侧改革，形成需求牵引供给、供给创造需求的更高水平动态平衡。 Reforms on both supply and demand …

China Domestic Demand

4 years, 2 months ago

Economic, Oil Demand Recovery Around the Corner with Development of Covid-19 Vaccine: OPEC Secy General

News 18

The secretary general of the Organization of the Petroleum Exporting Countries, Mohammad Sanusi Barkindo, on Monday exuded confidence that there is an economic as well as oil and gas demand recovery around the corner amid the development of vaccine for COVID-19. But, we are determined to stay the course.” About the oil and gas sector, he said hydrocarbons would dominate …

Oil Demand Covid Vaccine Opec Demand Recovery

4 years, 4 months ago

每日一词∣扩大内需 expand domestic demand

China Daily

中共中央总书记、国家主席、中央军委主席习近平8月24日主持召开经济社会领域专家座谈会时强调，要坚持供给侧结构性改革这个战略方向，扭住扩大内需这个战略基点，从而更好的平衡国内市场的供给与需求。 President Xi Jinping on August 24 underscored the importance of expanding domestic demand by adhering to the strategic direction of upholding supply-side reforms to better balance supply and demand in the domestic market. Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, made the remarks at a symposium attended …

China Domestic Demand

5 years, 1 month ago

Economic slowdown: Nirmala Sitharaman woke up too late, says economist PN Vijay

India Today

Economic expert and BJP's economic advisor until recently, PN Vijay, has said that Nirmala Sitharaman woke up to economic crisis too late. Speaking as part of the panel on economic slowdown in India Today Conclave East 2019, PN Vijay, who has been BJP's spokesperson in the past said: "Everyone knows that there is a lack of demand in the economy …

India Economy Indian Economic Nirmala Economic Slowdown Slowdown

5 years, 2 months ago

India to take more steps to boost consumer demand, economic growth: CEA Subramanian

Firstpost

India plans to take more steps to boost consumer demand including injecting liquidity through banks and simplifying personal taxes, a top government economic adviser said on Friday, in a bid to raise economic growth from six-year lows New Delhi: India plans to take more steps to boost consumer demand including injecting liquidity through banks and simplifying personal taxes, a top …

India Growth Tax Economic Growth Subramanian Consumer Demand Personal Taxes

5 years, 3 months ago

Gold's bull run appears certain to continue

China Daily

The dramatic surge in the price of gold in recent months has pushed the price to over $1,500 per ounce, with some forecasters suggesting it will climb to over $1,600 by early 2020, if not before. Global geopolitical uncertainty, stock market volatility and a general lack of market confidence continue to drive investors toward gold, which is seen as a …

Europe Gold Continue Bull Market Price Mining Sector

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Articles for Demand Economic

China’s economy is in for another rough year

Stimulating demand tops policy agenda

Reform should address market's practical concerns

Reform should address market's practical concerns

E-way bills hit record high in October driven by festival season demand

Real GDP growth may hit 8% this fiscal year, signals FinMin

China says economy got a strong start in 2024, sets sights on latest technology, upgrading factories

Chinese leaders wrap up annual economic planning meeting with scant details on revving up growth

May not be a 'Chinese Century': How Xi Jinping's economic mismanagement can derail Beijing's big dreams

Oil drops 3% as high inflation risks stoke demand worries

每日一词∣促进春节消费 boost consumption for the upcoming Spring Festival holiday

Consumer prices shot up 0.8% in April as worries escalate

Jan-Feb industrial output surges over 35%

每日一词∣需求侧改革 demand-side reform

Economic, Oil Demand Recovery Around the Corner with Development of Covid-19 Vaccine: OPEC Secy General

每日一词∣扩大内需 expand domestic demand

Economic slowdown: Nirmala Sitharaman woke up too late, says economist PN Vijay

India to take more steps to boost consumer demand, economic growth: CEA Subramanian

Gold's bull run appears certain to continue