Biz China Weekly

Confidence, certainty and feasibility behind China's over 6-pct growth target

China has targeted its economic growth at over 6 percent for 2021. It is a decisive move reflecting a high degree of certainty and confidence in the country's development amid a destabilized global economic outlook marred by the COVID-19 pandemic.

Macro

China's appeal to foreign firms continues in post-pandemic era

Not long after the Spring Festival holiday, busy work resumed at a number of foreign-funded projects in Guangdong Province, China's manufacturing heartland.

Financials

China's manufacturing PMI edges down as holiday slackens activity

China's manufacturing activity expanded at a slower pace in February as the Spring Festival holiday during the period affected factory production and businesses, official data showed Sunday.
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China's northeast shows positive growth, strong resilience

China's three northeastern provinces all achieved positive economic growth in 2020, a sign of the country's economic resilience against the backdrop of the world's worst pandemic in decades.
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Companies

Sales of China's iconic sedan brand Hongqi spike in Jan.-Feb.

Hongqi, a car brand under China's leading automaker FAW Group Co. Ltd., registered over 45,500 units in vehicle sales in the first two months of 2021, an increase of 178 percent year on year.