Factbox: Five key Chinese economy phrases in 2021
The Chinese economy showed strong resilience and a robust rebound amid COVID-19. It not only made China the only major economy worldwide with positive growth in 2020 but also injected impetus into the global economic recovery.
Macro
Economic Watch: China's economy to keep recovering with proactive fiscal policy
The epidemic-induced lockdowns loomed over China's economy in the first half of 2020, but with quick emergency response and government-aided stimulus package, the country's economy roared back.
In-depth
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Economic Watch: China's monetary policy to prioritize stability in 2021
China will prioritize stability in its monetary policy in 2021, said Yi Gang, governor of the People's Bank of China.
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China's commerce minister stresses expanding consumption, boosting opening-up
China will further unleash its consumption potential to foster a strong domestic market, while taking opening-up to a higher level.
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Companies
SAIC-GM-Wuling posts strong auto sales in 2020
SAIC-GM-Wuling (SGMW), a major Chinese automobile manufacturer between SAIC Motor, General Motors and Liuzhou Wuling Motors, reported strong annual sales in 2020, the company said.
Weichai takes 60 pct stake in agricultural equipment maker
Weichai Holding Group Co., Ltd., a leading Chinese powertrain manufacturer, has acquired a controlling stake in Lovol, one of the country's major agricultural equipment makers.
Chinese automaker FAW reports double-digit revenue growth in 2020
First Automotive Works (FAW) Group Co., Ltd., China's leading automaker, saw its revenue increase 12.5 percent year on year in 2020 to 695 billion yuan (about 107 billion U.S. dollars).
