China's PMI remains in expansion zone amid steady economic recovery

China's PMI remains in expansion zone amid steady economic recovery

The purchasing managers' index (PMI) for China's manufacturing sector came in at 51.9 in December, edging down 0.2 percentage points from November, the National Bureau of Statistics (NBS) said Thursday.

Macro

Yearender-Economic Watch: China expected to fine-tune monetary policy to boost recovery

Yearender-Economic Watch: China expected to fine-tune monetary policy to boost recovery

China is expected to fine-tune its monetary policy next year to achieve the dual tasks of boosting economic recovery and forestalling financial risks, analysts said.

In-depth

Companies

CNPC's oil, gas output hits record high of TOE in 2020

CNPC's oil, gas output hits record high of TOE in 2020

China National Petroleum Corporation (CNPC), the country's largest oil and gas producer, said that its oil and gas output grew to a record high of over 200 million tonnes of oil equivalent (TOE) in 2020.

Three Gorges hydropower station hits world record of electricity generation

Three Gorges hydropower station hits world record of electricity generation

The Three Gorges Hydroelectric Power Station on China's Yangtze River has generated 111.8 billion kWh in 2020, a new world record.

Honda issues massive 1.09 mln vehicle recall in China

Honda issues massive 1.09 mln vehicle recall in China

GAC Honda and Dongfeng Honda, two of the Japanese automaker's joint ventures in China, have issued a massive recall of vehicles due to possible fuel pump failure, according to the country's top quality watchdog.

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