CHINA’S CONSUMER INFLATION GREW STEADILY IN MAY

Highlights –

• China’s consumer inflation grew steadily in May.
• The consumer price index (CPI) rose 1.3 percent year on year in May.
• The average CPI in the first five months of the year went up 0.4 percent.
• Food prices ...

CHINA’S INDUSTRIAL COMPANIES’ PROFITS ROSE 106 PERCENT

Highlights –

• China’s industrial companies’ profits rose 106 percent.
• The average growth rate over the past two years stood at 22.3 percent.
• Profits of the equipment and high-tech manufacturing sectors respectively jumped 9...

CHINA’S RETAIL SALES INCREASE BY 29.6 PERCENT IN Q1 2021

Highlights –

• China’s retail sales increase by 29.6 percent in Q1 2021.
• Retail sales in April alone surged 17.7 percent year on year.
• Consumption in urban areas in April stood at about 2.89 trillion yuan.
• Online retail...

CHINA SEES INDUSTRIAL OUTPUT RISE BY 9.8 PERCENT IN APRIL

Highlights –

• China sees industrial output rise by 9.8 percent in April.
• China’s industrial output rose 20.3 percent year on year in the first four months of 2021.
• In April, the private sector's output increased 11.2 percent ...

CHINA’S INDUSTRIAL FIRMS MAINTAIN EXPANSION OF ITS BUSINESS IN Q1 2021

Highlights –

• China’s industrial firms maintain expansion of its business in Q1 2021.
• Major industrial firms raked in 1.83 trillion yuan in combined profits.
• In March profits of major industrial firms jumped 92.3% year on year to...

CHINA’S PMI IN DECEMBER FOR ITS MANUFACTURING SECTOR STOOD AT 51.9

Highlights –

• China’s PMI in December for its manufacturing sector stood at 51.9.
• The PMI edged down by 0.2 percentage points from November.
• In December, the country’s sub-index for production stood at 54.2.
• The ...

CHINA OUT OF THE RUT AND ONTO ROAD TO ECONOMIC PROGRESS

• China slowly but surely treading the long road to economic recovery.
• The PMI index is above 50 which is a healthy sign for the economy moving from its past figure of 35.7 until February end.

China seems to have covered a lot of ground from its...