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 average price of battery-grade lithium carbonate fell by 1,500 yuan to 366,000.0 yuan/ton on Tuesday, hitting a new low of more than one year and falling for 27 consecutive days, according to data from consultancy Shanghai Metals Market.
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.
The China Retail Performance Index (CRPI) compiled by the China Commercial Federation reached 50.6% in March, up 0.3 percentage points from the previous month.
China’s CATL remained the world’s No. 1 in terms of electric vehicle battery and energy storage system installations, according to South Korean market research firm SNE Research.
Online search volume for travel products during the Labor Day holidays has increased by 50.34% in the recent 30 days, according to data from online travel agency Tongcheng Travel.
China’s factory activities expanded at the fastest pace since April 2012 in February, with the official manufacturing Purchasing Manager Index (PMI) rising to 52.6, according to data released by the National Bureau of Statistics (NBS).
Second-hand home transactions in China’s technology hub of Shenzhen reached 1,096 units in the week of Feb 20 – 27, an increase of 24.4% from the 881 units in the previous week.
