Economic Watch: China revs up services trade to fuel growth
China, the world's second-largest economy, has set its sights on services trade to stabilize foreign trade and power growth amid weaker global demand and economic headwinds.
Macro
Understanding "dual circulation" and what it means for world
Ever since China's top leadership floated the new economic development pattern of "dual circulation" in May, the market is abuzz with interpretations of how the model will work and its knock-on effects on the pandemic-rattled global economy.
Financials
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Chinese consumer sentiment perks up, bolsters economic recovery
As the COVID-19 epidemic tapers off in the country and pent-up consumption demand gradually unleashes, China's economic recovery in the second half of the year will gain more momentum.
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China's PMI remains in expansion territory as economy rebounds
The purchasing managers' index (PMI) for China's manufacturing sector decreased to 51 in August from 51.1 in July, the National Bureau of Statistics (NBS) said Monday.
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Industries
China's agricultural product wholesale prices edge up
The wholesale prices of China's agricultural products edged up Friday, according to the Ministry of Agriculture and Rural Affairs.
Chinese brands make up bigger presence in global wearables market
The global wearables market saw Chinese brands increase their presence in the second quarter of the year as shipments of Chinese-made wearable devices posted rapid growth, an industrial report showed.
China reports 456 million railway trips in July, August
A total of 456 million railway trips were made in China from July 1 to Aug. 31, the latest data from the national railway operator showed.
