Chinese economy firms up recovery in Q1, ready to navigate uncertainties

(250416) -- BEIJING, April 16, 2025 (Xinhua) -- A visitor dressed in ancient costume interacts with a humanoid robot of Unitree Robotics at the 5th China International Consumer Products Expo (CICPE) in Haikou, south China's Hainan Province, April 13, 2025. (Xinhua/Zhang Liyun)

* China’s economy started 2025 on solid footing, bolstered by a structural shift toward domestic demand and innovation, positioning the country to better weather global uncertainties.  * China has made thorough policy preparations to address external changes, as a series of targeted marco policies have already taken effects and more incremental policies will be introduced… Continue reading Chinese economy firms up recovery in Q1, ready to navigate uncertainties

China’s Platform Giants Are Poised to Drive the Next Wave of Economic Growth

Alibaba’s booth at the 136th Canton Fair in Guangzhou, Guangdong Province, on 15 October 2024. (Photo: Xinhua)

On 20 April 1994, China made its first official full-function connection to the World Wide Web through a 64-kilobyte international leased line, marking the country’s formal entry into the global digital age. The year 2024 marked the 30th anniversary of the country’s entry into the internet era.  Over the past three decades, the internet has… Continue reading China’s Platform Giants Are Poised to Drive the Next Wave of Economic Growth

China Stimulates Domestic Demand To Strengthen Economic Upturn

As China navigates a complex global economic landscape, it seeks to stimulate domestic demand to tackle both immediate and long-term challenges. China’s policy for invigorating consumer spending and investment has produced results, according to guest speakers who joined the ninth episode of the China Economic Roundtable hosted by Xinhua News Agency, which was broadcast on… Continue reading China Stimulates Domestic Demand To Strengthen Economic Upturn

China Remains Key Source Of Growth And Profits For Many Multinationals

In March, Apple opened its largest retail store on the Chinese mainland in Shanghai – the company’s second-largest flagship store after its Fifth Avenue outlet in New York. The new addition brings Apple’s store tally in Shanghai and the Chinese market to eight and 57, respectively, a significant milestone for the company, which opened its… Continue reading China Remains Key Source Of Growth And Profits For Many Multinationals

Economic Watch: Vibrant Q1 Consumption Mirrors China’s Economic Stamina

Giant rice field paintings are seen in Xiaotanzi Village, Dalu Town, Jungar Banner, Inner Mongolia Autonomous Region. Photo: ChinAfrica

China’s economic outlook remains positive as the country’s consumer spending surged in the first quarter (Q1) of 2024, signaling a strong contribution to domestic demand and overall economic growth China’s retail sales of consumer goods, a major indicator of the country’s consumption strength, climbed 4.7 percent year on year in Q1 2024, according to data… Continue reading Economic Watch: Vibrant Q1 Consumption Mirrors China’s Economic Stamina

The Stable Growth Of China’s Economy Adds Certainty To Global Economic Landscape

Chinese instructor Jiang Liping (R) and apprentice Horace Owiti walk past a train carriage on the Mombasa-Nairobi Railway in Nairobi, Kenya, May 23, 2023. (Xinhua/Wang Guansen)

China’s economic performance achieved a “good start” in the first quarter of 2024, bringing certainty to the volatile global economic landscape, according to a guest speaker at the fourth episode of the China Economic Roundtable, an all-media talk platform hosted by Xinhua News Agency. The global economic landscape will still see a year full of… Continue reading The Stable Growth Of China’s Economy Adds Certainty To Global Economic Landscape

A Closer Look At China’s Economic Steadiness, Vitality And Potential

Chinese President Xi Jinping addresses the 23rd meeting of the Council of Heads of State of the Shanghai Cooperation Organization (SCO) via video conference from Beijing, capital of China, July 4, 2023. (Xinhua/Li Xueren).

The Chinese economy has seen its recovery gather steam in the first quarter (Q1) of 2024, displaying strength and resilience and bringing much-needed certainty to an otherwise uncertain global economic landscape. In the first three months of the year, China’s GDP expanded 5.3 percent from one year earlier, accelerating from 5.2 percent in the previous… Continue reading A Closer Look At China’s Economic Steadiness, Vitality And Potential

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