China’s broad money (M2) supply grew 8.5 percent on the year last month, beating expectations and June’s 8 percent expansion, according to data published by the People’s Bank of China.
The Yicai Chief Economist Confidence Index, which monitors how top thinkers believe the Chinese economy performed in the month prior…
China’s service trade hit a record high in the first half of the year with total imports and exports reaching CNY2.53 trillion (USD370 billion), up 8.5 percent annually.
China’s foreign exchange reserves climbed for the second straight month in July, bucking expectations to reach almost USD3.12 trillion.
China’s current account returned to a surplus in the second quarter, but continued overseas spending on services saw the world’s second-largest economy log a deficit for the first half.
China’s shopping centers and convenience stores suffered a drop in their development and prosperity indexes in the second quarter, but are still developing soundly, latest data show.
China’s Caixin Purchasing Managers’ Index for manufacturing hit an eight-month low in July amid the steepest decline of new export orders in more than two years.
China’s National Social Security Fund yielded gains of nearly 9.7 percent last year, more than quintupling returns from the prior year.
The per capita disposable income of Chinese residents rose 8.7 percent in the first half of this year, reaching CNY14,000…
China’s manufacturing industry continued to expand in July even though the sector’s purchasing managers index fell to a five-month low.
The scale of the global licensing industry has reached hundreds of billions of US dollars, and China’s licensing industry is also thriving.
China’s total industrial profits gained 17 percent in the first half on the back of an increase in producer prices for raw materials and power, official figures show.