Chinese economy extends upward trend amid policies to prop up growth
The Chinese economy extended an upward recovery trend in May, as shown by faster consumption growth and steady expansion in industrial production, latest government data showed.
Macro
Sci-tech innovation injects new energy into high-quality development
In a sheet-steel plant of China Baowu Steel Group Corporation in Xinyu, east China's Jiangxi Province, robots and three unmanned intelligent vehicles are busy working in the dark, delivering rolls of steel from the warehouse.
In-depth
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Economic Watch: China's property market sees promising signs as policy package kicks in
Major Chinese cities have witnessed more signs of warming in the housing market since the government rolled out a combination of policies to prop up the property sector a month ago.
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Economic Watch: China eyes greater input on global NEV standards
China's Ministry of Industry and Information Technology on Friday announced plans to formulate new standards for the global auto industry, focusing on NEVs and intelligent connected vehicles.
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Financials
China sees robust growth in Jan-May overseas investment
China reported a robust expansion in overseas investment in the first five months of the year, official data showed on Thursday.
China's FDI inflow reaches 412.5 bln yuan in first five months
Foreign direct investment (FDI) in the Chinese mainland, in actual use, totaled 412.5 billion yuan in the first five months of 2024.
