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.
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.
China's consumer price index, a main gauge of inflation, dipped 0.5 percent year on year in November as pork prices further declined, data from the National Bureau of Statistics (NBS) showed on Wednesday.more
The long queues at automatic teller machines have become a rare sight as people in China are already accustomed to going out with mobile phones instead of wallets, and many can't even remember when they withdrew cash the last time.more
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 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.
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.