Although China's consumer market slackened amid the recent COVID-19 resurgence and floods, emerging opportunities and the consolidated policy backdrop will lend steam to the country's consumption growth looking ahead.
China's economy maintained the trend of recovery in August despite disruptions from the COVID-19 epidemic and natural disasters, showing the resilience of the world's second largest economy.
The world's largest free-trade deal, the Regional Comprehensive Economic Partnership, will further boost China-ASEAN cooperation and facilitate the region's economic recovery from the COVID-19 pandemic, officials and business leaders said at a high-level forum of the ongoing 18th China-ASEAN Expo.more
China has set strategic goals to develop into a manufacturing powerhouse from 2021 to 2025, forging ahead on greater innovation and vitality, said the Ministry of Industry and Information Technology.more
China continued to see its housing market ease in August under strengthened market regulations, registering slower month-on-month and year-on-year growth of home prices in 70 major cities.
China's output of storage batteries to power new energy vehicles leaped 161.7 percent year on year to reach 19.5 gigawatt-hours in August as its NEV industry continued to boom.
The booming digitalization trend is driving China's endeavor of building a smart civil aviation industry to boost sustainable development.