China reaps bumper 2020 harvest with grain output up 0.9 pct

China reaps bumper 2020 harvest with grain output up 0.9 pct

China saw its 17th consecutive bumper year in 2020, with grain output up 0.9 percent year on year, the National Bureau of Statistics (NBS) said on Thursday.

Macro

How China pulls its economy from COVID-19 slump

How China pulls its economy from COVID-19 slump

China's economy got off to a wobbly start in 2020, when it fell victim to the coronavirus and experienced a first-quarter slump. But as the year draws to a close, it is proving to be the fastest to emerge with an economic expansion for the whole year.

In-depth

Industries

China's domestic tourism market projected to reach 1.5 tln USD

China's domestic tourism market projected to reach 1.5 tln USD

Projections indicate that China's domestic tourism market will receive 10 billion visitors per year on average, with the consumption reaching 10 trillion yuan in the next five years.

China's bike industry posts surging profits in first 10 months

China's bike industry posts surging profits in first 10 months

China's major bicycle manufacturers saw stable growth in the first 10 months of this year, with their profits jumping 25.1 percent year on year, official data showed.

Chinese auto makers seek way out of chip shortage

Chinese auto makers seek way out of chip shortage

With the shortage of automobile chips expected to linger, some Chinese auto makers need to brace for a short-term disruption to production next year, according to a local industry association.

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