China reaps bumper summer grain harvest

China reaps bumper summer grain harvest

China reaped another bumper summer harvest in 2021, the country's agriculture minister said Wednesday.

Macro

China looking to embrace smart, digital manufacturing sector

China looking to embrace smart, digital manufacturing sector

Boasting high efficiency, low cost and most comprehensive industrial chains, China has long been positioned as the "world's factory." The country is now heading for the next goal: cultivate an upgraded manufacturing sector that is not only big but also robust and smart.

Trade

Financials

Minimum wages rise in China amid economic recovery

Minimum wages rise in China amid economic recovery

Multiple provincial-level regions of China have increased their minimum wage standards since the beginning of this year as the economy recovers further from the COVID-19 impact.

China's goods, services trade surplus tops 170.1 bln yuan in May

China's goods, services trade surplus tops 170.1 bln yuan in May

China's international goods and services trade surplus stood at 170.1 billion yuan (about 26.5 billion U.S. dollars) in May, official data showed Thursday.

Means of production prices decline in China

Means of production prices decline in China

Half of capital goods monitored by the government reported lower prices in mid-June compared with early June, official data showed Thursday.

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