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.
China’s population expected to start to shrink before 2025, new births in several provinces hit lowest in 60 years
The number of new births in several Chinese provinces hit the lowest in 60 years in 2021 and official now expect the country’s population to start to shrink ahead of 2025. Some experts say that China’s birth rate will continue to shrink for “more than a century.”
THE WIRE – Up-to-the-minute news updates walk you through every trading day!The growth of China’s population has slowed sharply and the population is expected to start to shrink ahead of….
Chinese video games sector’s revenue declined in the first half of 2022 for the first time since the data was made available 14 years ago amid Beijing’s tightening oversight.
China’s newly built solar power capacity surged 137% on year in first half, set to hit new record in 2022
China built nearly 31 gigawatts (GW) of new solar power capacity in the first half of the year, surging 137% from a year earlier, with full-year installations on course to hit a new record high, said Wang Bohua, the honorary chairman of the China Photovoltaic Industry Association, said on Thursday.
THE WIRE – Up-to-the-minute news updates walk you through every trading day!China’s road freight volume declines again as more than 20 provincial-level regions have been hit by a new wave….
Russia remained China’s top oil supplier for a second straight month in June as Chinese buyers cashed in on lower-priced supplies, slashing more costly shipments from Saudi Arabia.
More than half of the listed Chinese property developers that have so far released forecasts for first-half earnings expect net losses for the period, with some companies projecting losses exceeding 1 billion yuan ($148 million).
China’s solar power related industries posted rapid growth in the first half of the year amid the country’s efforts to achieve its carbon-peaking and carbon-neutrality goals, with major parts of the supply chain posting year-on-year growth above 45%, said China’s Ministry of Industry and Information Technology.
China’s installed power capacity up 8.1% on year in first half, operating hours of power generation equipments fell
China’s installed capacity of electric power generation reached 2.44 billion kW in the first six months of the year, rising 8.1% from a year earlier, according to the National Energy Administration (NEA).