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November blues: Retail slump, property woes show China’s economy not responding to Xi’s push
1 week, 1 day ago

November blues: Retail slump, property woes show China’s economy not responding to Xi’s push

Firstpost  

China’s economy in November has sparked concerns about its ability to boost domestic demand in a world full of uncertainties. Reports from the South China Morning Post and The Economic Times highlight mixed results in key areas like retail sales, property investments and industrial output. The South China Morning Post noted that while November’s retail figures seemed weak, combining data …

China Recovery Property Economic Beijing Nbs Cent
CPI dips in Oct amid ample food supply
1 year, 1 month ago

CPI dips in Oct amid ample food supply

China Daily  

A woman buys pineapples in a supermarket in Xuwen county, South China's Guangdong province. Experts say recovery in demand not yet solid and more policy support is likely China's consumer prices registered negative growth for the second time this year in October, indicating that the recovery in demand is not yet solid and more macroeconomic policy support is likely, experts …

Food Growth China Prices Price Demand Nbs
【双语财讯】国家统计局：前三季度经济恢复向好 服务消费增长快
1 year, 2 months ago

【双语财讯】国家统计局：前三季度经济恢复向好 服务消费增长快

China Daily  

国家统计局的数据显示，服务消费增速比较快，对经济增长发挥了重要支撑作用。今年前三季度消费对经济增长的贡献率是83.2%，同比明显提升。 A shopper picks up fruit at a supermarket in Shijiazhuang, Hebei province. 国家统计局10月18日称，在我国优化疫情防控措施后，前三季度零售业快速复苏，受益最大的是服务业，尤其是接触型服务业。 The contribution rate of consumption to economic growth reached 83.2 percent, the NBS said, a significant increase over the same period last year. 国家统计局称，今年前三季度消费对经济增长的贡献率是83.2%，同比明显提升。 Consumption of services played an important supportive role in contributing to economic growth, the NBS said, adding that the growth rate of …

China Economic Growth Service Consumption Nbs
China factory activity contracts for fifth straight month in August
1 year, 3 months ago

China factory activity contracts for fifth straight month in August

Firstpost  

The official manufacturing purchasing managers’ index – a key measure of factory output – came in at 49.7 in August, below the 50-point mark that separates expansion and contraction, according to the National Bureau of Statistics. “The survey results show that insufficient market demand remains a major problem facing enterprises today,” NBS analyst Zhao Qinghe said in a statement. “Overall …

China Nbs Pmi Factory Activity Official Survey
Manufacturing solid in June
3 years, 5 months ago

Manufacturing solid in June

China Daily  

By ZHOU LANXU and ZHANG YUE| ezhejiang.gov.cn| Updated :2021-07-02 PMI expansion slower due to supply shortages, but new orders edge up on '618' China's manufacturing activities maintained a solid expansion in June despite the small-scale resurgence of local COVID-19 cases, highlighting the resilience of the country's economic recovery, officials and experts said on Wednesday. Underpinned by recovering private domestic demand, …

China Manufacturing Economic Demand New Orders Nbs Pmi