How innovation props up China's high-quality development
Sci-tech innovation has played a decisive role in promoting China's high-quality development and modernization drive, just as President Xi Jinping emphasized at the ongoing "two sessions," an important political event concerning the country's further development.
Macro
China's 2023 economic work priorities to facilitate high-quality development
High-quality development once again came into the spotlight as its significance to China, the world's second-largest economy, was reiterated in a government work report at the ongoing "two sessions," a crucial political event of the country.
Industries
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China's e-commerce logistics sector reports strong expansion in February
China's e-commerce logistics activities further boomed in February as enterprises and businesses accelerated recovery, industry data shows.
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China's express delivery sector continues to grow in February
China's courier sector registered expansion in February, a monthly industry index showed.
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In-depth
Economic Watch: Five investments in 3 years show German company's confidence in China
Despite the impact of the pandemic, Bitzer, a German compressor technology company, decided to invest another 300 million yuan (about 43 million U.S. dollars) in its Beijing factory this year.
China's consumer demand expected to get boost from precautionary savings
Financial experts anticipate that the pent-up demand for consumption in China will be further unleashed as household savings in the country reached a new high last year.
