
China Boosts Service Consumption for High-Quality Growth ๐
China releases new guidelines to boost service consumption, aiming for high-quality economic development and expanded consumer sectors.
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China releases new guidelines to boost service consumption, aiming for high-quality economic development and expanded consumer sectors.
China’s economy is set to hit its 2024 growth target, with the IMF projecting 5% GDP expansion. Inflation expected to rise gradually. ๐๐
The Asian Development Bank highlights China’s role as the world’s top economic growth driver, with raised 2024 forecasts signaling global optimism. ๐๐ผ
China’s marine economy grew 5.6% in H1 2024, outperforming overall growth. Key sectors like energy, shipbuilding, and offshore wind drive the surge. ๐๐
Chinaโs steel sector embraces green tech and smart manufacturing as demand shifts from construction to auto and shipbuilding industries. ๐ฑ๐๏ธ
China’s corporate credit index hits 158.95 in H1 2023, signaling stronger business trust and regulatory progress. ๐๐
China’s corporate credit index hits 158.95 in H1 2023, indicating a stable and trustworthy financial standing among enterprises, following last year’s record high.
China’s manufacturing PMI fell to 49.4 in July amid heatwaves and seasonal slowdowns, while service sectors grew modestly. What’s next for global markets? ๐๐
China’s July Purchasing Managers’ Index shows a slight dip in manufacturing but overall economic growth continues. ๐๐
China’s manufacturing PMI dipped below 50 in July, indicating a contraction influenced by heatwaves and floods, while overall economic growth remains steady.