Chinaโs Q1 Loans Surge to $1.3 Trillion ๐๐ธ
Chinaโs banks issued $1.3 trillion in new yuan loans in Q1 2024, signaling strong economic support despite a dip in social financing. ๐จ๐ณ๐ผ #ChinaEconomy
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Chinaโs banks issued $1.3 trillion in new yuan loans in Q1 2024, signaling strong economic support despite a dip in social financing. ๐จ๐ณ๐ผ #ChinaEconomy
China is transforming its economy from production-driven to consumption-driven, aiming to boost employment, incomes, and invigorate key markets. ๐
China’s new quality productive forces drive economic transformation, with NEVs leading a global green tech revolution. ๐โก
China’s transformation in global supply chains: From factory hub to innovation leader, reshaping trade dynamics in a changing world.
China’s March CPI rose 0.1% yearly while PPI fell 2.8%, signaling cautious optimism amid post-holiday demand shifts. Core inflation stays steady. ๐โจ
China’s central bank launches a $70B relending program to boost tech innovation and green projects, targeting SMEs and digital transformation. ๐๐ก
Chinese Premier Li Qiang highlights tech innovation as key to driving economic growth amid global challenges. Retail sales rise 5.5%! ๐๐
Chinese Premier Li Qiang emphasizes high-tech innovation to drive China’s robust economic growth and improve people’s livelihoods. ๐๐ #China #Economy #Innovation
China’s GDP is expected to grow by 5.3% in 2024, according to the ASEAN+3 Regional Economic Outlook 2024 by AMRO. This growth highlights China’s economic resilience and offers exciting opportunities globally. ๐๐
China’s Commerce Minister debunks subsidy claims, credits EV success to tech innovation and supply chain strengths amid global climate efforts.