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Breaking: China's GDP Expands 5.3% YoY in Q1 2024 Vs. 5.0% Expected
China’s economy expanded 5.3% over the year in the first quarter of 2024, as against a 5.2%% growth in the final quarter of 2023, the official data released by the National Bureau of Statistics (NBS) showed on Tuesday.
China's New RMB Loans Hit 9.5 Trillion Yuan in Q1
China issued 9.46 trillion yuan of renminbi-denominated loans in the first quarter of 2024, according to data from the People's Bank of China on Friday. In 2023, China's first-quarter new yuan loans h
China Central Bank Keeps Key Policy Rates Steady
China's central bank kept key policy rates steady on Monday, suggesting that benchmark loan rates could remain on hold later this month. The People's Bank of China kept the one-year medium-term lendi
Economy on Stable Footing, Experts Say
China's economy has started 2024 on a stable footing, indicating a sustained trajectory of robust recovery throughout the year, despite pressures and challenges both at home and abroad, officials and analysts said on Thursday.
National Bureau of Statistics: PPI fell 2.8% year on year in March, down 0.1% month on month
In March 2024, the ex-factory prices of industrial producers across the country fell 2.8% year on year and 0.1% month on month.
Chinese Retail Sector Expands for 12th Straight Month, Survey Says
China's retail sector expanded for the 12th consecutive month in April, with the Chinese Retail Performance Index at 50.4%, Xinhua News Agency reported Sunday, citing a survey by the China General Chamber of Commerce.