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China’s auto market demand remains weak, maintains forecast for 3% annual growth – industry association

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China’s electricity, heating, water and gas industries’ profits grew at faster pace in Apr – NBS

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Chinese industrial companies’ profits tumbles 18.2% on year in Apr

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China’s lithium prices continue to rebound in hit 2-month high

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China’s social inventory of steel products fell further in mid-May, well below level at start of year – industry association

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Chinese local governments’ hidden debt likely reached 58 tn yuan, 1.7 times higher than explicit debt – research

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China’s home mortgage rates continued falling in Apr, mortgage loan waiting time remained shortest since 2019

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CATL, BYD remained world’s top two battery producers in first quarter – research

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Chinese automakers face tremendous pressure, Tesla’s recent price hike a positive signal – auto industry association

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China’s travel service trade surged 56.6% on year in Q1, trade of knowledge-intensive services rose 12.8%

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China’s passenger car sales rose 55.5% on year in Apr, NEV sales rose 85.6%, car exports jumped

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China’s iron ore imports rose 5.1% on year in Apr, down from previous month

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China’s trade with ASEAN rose 13.9% on year in Jan – Apr, trade with US fell 11.2%

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China’s exports grew 8.5% on year in Apr, imports fell 7.9%

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China’s industry-grade lithium carbonate price rebounded 34% in half a month – research

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Shanghai’s new home transactions slide 22% in April from previous month – property agency

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China’s urban transit lines nationwide carried 2.53 bn passenger trips in Apr, surging 95.8% on year

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China’s per capital tourist spending during May Day holiday slid 15.4% from 2019-level – travel agency report

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China’s electricity consumption expected to grow about 6% this year – industry association

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China’s service activity grew at slower pace in Apr – private survey

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Hong Kong retail sales posted record growth on record in Mar amid influx of tourists

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China’s mobile phone output fell 7% on year in Q1, computer fell 22.5%, IC output fell 14.8% – official data

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China’s consumption-related industries’ sales revenue rose 24.4% on year in May Day holiday – tax administration

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Australia’s exports to China surged to record highs in March

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China’s manufacturing activities slipped into contraction in Apr – private survey

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China’s holiday passenger trips surged 163% on year, tourist trips up nearly 20% from 2019-level

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China’s electricity supply expected to remain tight this year, some regions may face power shortage during peak period – state media

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China’s domestic travel bookings during May Day holiday exceeded peak in Spring Festival holiday – Tongcheng Travel

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China’s domestic travel booking for May Day holiday doubled that in Spring Festival holiday – Fliggy

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Hotpot chain Haidilao saw customers in mainland China surge 65% on year in first three days of holiday

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China’s steel industry slipped deeper into contraction in Apr amid weak demand – industry association

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China’s factory activity slipped back into contraction in Apr, non-manufacturing sector grew at slower pace

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China’s consumption rose significantly on first day of Labor Day holiday – commerce ministry

Chinese major retailers and catering companies saw their total sales on April 29, the first day of the five-day Labor Day holiday,

Overseas investors sold net 6.6 bn yuan of A-shares last week, second-highest this year

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China’s GDP grew 4.5% on year in Q1, production and consumption picked up in Mar

China’s GDP grew by 4.5% in the first quarter from a year earlier to 28.5 trillion yuan, according to data released by

China’s forex reserves rose by 1.65 in Mar amid dollar weakness

China’s foreign exchange reserves stood at $3.1839 trillion at the end of March, representing an increase of $50.7 billion or 1.62% from

China’s lithium prices return to level in Dec, 2021, more decline expected

China’s average price of lithium carbonate, a key material for producing power batteries, hit 219,000 yuan per tonne on April 4, slumping

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Chinese airlines’ international fight volume surged 77% on year in Mar 1 – 12

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Chinese firms’ hiring intentions hit 8-year high, share of companies planning to increase investment hit highest since Oct 2021 – survey

The net balance measuring whether Chinese companies project an increase in headcount over the next 12 months was 11% in February, the highest level in eight years, according to a survey by S&P Global Market Intelligence, compared to only 2% in the previous survey conducted in October last year.

China’s credit growth stronger than expected, money supply grew fasters in nearly seven years

China reported unexpectedly strong credit growth for February, with money supply growing at the fastest pace in nearly 7 years, as the authority looks to support the economic recovery.

China’s cross-border passenger trips surged 112% on year since relaxing Covid controls

Since China downgraded the control measures COVID-19 on January 8, the country has logged 39.72 million cross-border passenger trips and 2.49 million cross-border transportation vehicles (ships, aircraft, and trains), surging 112.4% and 59.3%, respectively, from a year earlier.

Many hotels near popular tourist attractions fully booked for first day of Labor Day holiday – agency

Hotels near top tourist attractions in major cities have been fully booked for May 1, the first day of the Labour Day holiday, according to online travel agency Trip.com.

China’s domestic travelers grew 82% in Feb 19 – Mar 4 from previous two weeks – travel agency data

The number of travelers has increased by 82% in the past two weeks (Feb 19 – Mar 4), compared to the previous two weeks (Feb 5 – 18), according to data from online travel agency Tuniu.

Second-hand home transactions in financial hub Shanghai hit highest since July 2022 in Feb – agency data

Chinese financial hub Shanghai’s second-hand housing transaction volume reached 19,000 units in February, reaching the highest level since July 2022.

China’s forex reserves fell by $51.3 bn in Feb due to changes in asset prices amid dollar strengthening

China’s foreign exchange reserves fell to $3.13 trillion in February, according to data released by the PBOC, a decrease of $51.3 billion

China’s coal imports in the first two months of 2023 surged 71% from a low base a year earlier amid stock replenishment on expected of rising demand after the country ended its zero-COVID policies.

ASEAN remained China’s top trading partner in Jan – Feb, China’s trade with US fell 10.6% on year

In the first two months of the year, ASEAN remained China’s largest trading partner with bilateral trade reaching 951.93 billion yuan, a rise of 9.6% from a year earlier and accounting for 15.4% of China’s total foreign trade, according to China’s customs data on Tuesday.

China’s imports of mechanical and electrical products rose 0.4% from a year earlier – customs data

China’s exports of mechanical and electrical products reached 2.03 trillion yuan in the first two months of the year, an increase of

China’s total import and export, in US dollar terms, totaled $895.72 billion in the first two months of the year, a decrease