Chinese power battery makers saw strong growth in installed capacity in 2022, while Korean and Japanese peers underperformed, showed a report by South Korean market research firm SNE Research.
China recorded 676,000 cross-border passenger trips on Feb 6, the highest daily figure since the start of the pandemic, rising by 32.8%
China’s foreign exchange reserves stood at $3.184 trillion in January, according to data released by the State Administration of Foreign Exchanges, rising by$56.8 billion from $3.128 trillion in the previous month.
>>>
>>>
>>>
China’s wholesale sales of NEVs are expected to reach 1.5 million units in the first quarter of 2023 and are on track
>>>
>>>
>>>
China’s domestic passenger flight volume has recovered to more than 90% of 2019-level, while daily international/regional flight volume on Feb 3 rose above 400 for first time in three years.
>>>
China’s outstanding loans to the real estate sector stood at 53.16 trillion yuan at the end of 2022, rising by 1.5% from a year earlier, slowing by 6.5 percentage points from the previous year.
In the 4th week of 2023 (January 23 – 29), the number of passenger flights executed by Chinese airlines was nearly 85,000,
Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc, said that its revenue in January jumped 48.2% from a year earlier to a record high of T$660.4 billion ($22 billion), up 4.9% from previous month.
Job openings in the hotel and catering sectors surged 40% year over year during the first six days of work after China’s
China’s top 100 property developers saw contracted sales decline 32.5% in January from a year earlier to 354.3 billion yuan, slumping 48.6%
China’s recorded 102 million railway passenger trips during the period of Jan 22 – Feb 1, rising by 48.7% from a year
…
The average new home prices in China’s 100 major cities stood at 16,174 yuan per square meter in January, falling by 0.02% from the previous month, down for the 7th consecutive month.
Shares of Chinese property developer are sliding in Hong Kong, with Times China sliding more than 8% as of 3:43 pm local time, Midea Real Estate down 5.1%, KWG Group down 4.7%, China Jinmao down 4.4% and Country Garden down 3.6%.
Chinese heavy equipment manufacturer Sany Heavy Industry said its 2022 net profit is expected to reach 4 – 4.6 billion yuan, slumping 66.76% – 61.77% from the previous year.
Retail sales of passenger vehicles in mainland China reached about 985,000 units in the period of Jan 1-27, falling 45% from a
Global gold demand hit highest in a decade in 2022, boosted by soaring purchases from central banks and other investors seeking shelter
China’s economic activity returned to expansion in January as the impact of COVID-19 outbreaks eased rapidly after the world’s second largest economy dropped its zero-Covid policy.
Chinese industrial companies’ profit dropped by 4% to 8.4 trillion yuan ($1.2 trillion) in 2022, expanding from the 3.6% fall in the first 11 months of 2022, according to data released by the National Bureau of Statistics (NBS) on Tuesday.
China’s fiscal revenue reached 20.37 trillion yuan in 2022, rising by 0.6% from the previous year, according to data released by the Ministry of Finance on Monday.
China three largest state-owned airlines are expected to have lost combined 103.3 billion yuan in 2022, expanding by 152% from that in the previous year.
China’s civil aviation industry’s transport turnover reached 59.93 billion tons-kilometers in 2022, air passenger traffic reached 250 million and cargo throughput reached
China’s smartphone sales fell 13% in 2022 to 286 million units, the steepest plunge in a decade as consumers spent cautiously, market research firm IDC said in a report.