Against the headwinds from COVID-19 resurgences and external complexity, China's efforts are underway to stabilize and upgrade foreign trade, a key underpinning for the economy.
The energy supply in China has been generally stable and in good order this year despite rising external pressure, an official with the country's top economic planner said Tuesday.
China has actively rolled out targeted measures such as relaxing restrictions on purchases or sales, adjusting housing provident fund policies, and lowering mortgage interest rates to better cater to the residential buying market, and boost the development of the property market.more
China's manufacturing sector fared better in May, official data showed Tuesday, as more factories resumed production after the Omicron outbreak was brought under control.more
China's telecommunications sector posted steady expansion in the first four months of the year, with emerging businesses such as cloud computing growing rapidly, official data showed.
The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 47.8 in May, up from 41.9 in April, the National Bureau of Statistics said Tuesday.