Consumption and innovation drive China's local GDP growth, economic upgrade
China's overall economic growth accelerated in the first half (H1) of this year as its service sector rebounded, and traditional industries achieved upgrades through innovation.
Macro
China's State Council stresses optimizing foreign investment environment
China's State Council has recently issued a statement outlining its guidelines regarding further optimizing the foreign investment environment and intensifying efforts to attract foreign investments.
In-depth
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Economic Watch: China's foreign trade to sustain growth with resilience, potential
China's foreign trade is expected to maintain steady growth despite a challenging external environment, as country continues to strengthen endogenous impetus and expand multilateral economic and trade relations, experts have said.
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Economic Watch: China's CPI logs monthly increase as consumer demand recovers
China's consumer price index, a main gauge of inflation, registered a monthly increase of 0.2 percent in July thanks to continued recovery of consumer demand, the National Bureau of Statistics said Wednesday.
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Companies
BYD's five millionth NEV rolls off production line
The five millionth new energy vehicle produced by China's leading NEV manufacturer BYD rolled off the production line on Wednesday.
Chinese auto brand unveils new SUV models in Egypt
Jetour Auto, a Chinese auto brand, on Tuesday unveiled three new SUV models in the Egyptian capital of Cairo, as Chinese automakers are accelerating their expansion in the Middle Eastern region.
