China’s technology hub Shenzhen saw its GDP grow by 3% in the first half of 2022 from a year earlier, according to data released by the local government on Wednesday, compared to the 2.5% growth for the national GDP during the period and 2% GDP growth for Guangdong province where the city is located.
Profits at China’s industrial companies returned to growth in June after falling for two consecutive months, mainly driven by recovery in the automobile industry. Profit structure improved as divergence between upstream and downstream industries narrowed.
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The growth of China’s population has slowed sharply and the population is expected to start to shrink ahead of 2025, the state-backed
The Asian Development Bank lowered its forecast for GDP growth in developing Asia in 2022, saying that China’s zero-tolerance to Covid creates ripple effects on regional supply chains and economic development.
China’s road freight volume declines again as more than 20 provincial-level regions have been hit by a new wave of Covid-19 infections.
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More than 20 provincial-level regions in China have reported locally transmitted COVID-19 cases in the latest round of outbreaks, and unlike the previous round, cases are found in some inland and small cities, posing challenges to the country’s epidemic control efforts.
China’s local governments should make joint efforts to ensure the planting area and output of corn this year stable at 2021-level, consolidate
Activity in China’s services sector shrank at the fastest pace in two years in March as a surge in coronavirus cases in
China’s tourism industry has been hit by the latest rounds of COVID-19 outbreaks, with domestic trips during the three-day Tomb-Sweeping holiday slumping