Sino-EU cooperation beneficial to world economy amid headwinds
Although the global economy is facing mounting uncertainty and sluggish growth due to COVID-19, economic and trade cooperation between China and Europe, which maintains sound momentum based on complementarity and mutual benefit, can act as a counter-balancing force and help stabilize the world.
Macro
China's manufacturing PMI down in March
The purchasing managers' index (PMI) for China's manufacturing sector came in at 49.5 in March, down from 50.2 in February, data from the National Bureau of Statistics showed Thursday.
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Economic Watch: China's industrial profits up 5 pct in first two months
Profits of China's major industrial firms rose 5 percent year on year in the first two months of 2022, official data showed on Sunday.
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China's factory activities slow down amid domestic COVID-19 resurgences, external uncertainties
China's factory activities slowed down in March as the country faced downward pressures including a resurgence in COVID-19 infections domestically and mounting geopolitical uncertainties.
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Industries
Nearly 900 mln 5G connections in China by 2025: GSMA
The number of 5G connections in China is expected to reach 892 million by the end of 2025, according to a recent analysis by GSMA, an international association of mobile operators.
China's sportswear industry booms with local brands on trend
China's homegrown sportswear is the latest craze among its young generation as they begin to switch from international brands to locally produced ones.
Chinese, European companies jointly build food park in Guangdong
Europe-based Louis Dreyfus Company (LDC) and Chinese enterprises DONLINK Group and HAID Group kicked off the construction of an industrial food park in Guangzhou.