China sets 2022 GDP target at around 5.5 pct, giving a shot in arm to world recovery

China sets 2022 GDP target at around 5.5 pct, giving a shot in arm to world recovery

China has set its economic growth target at around 5.5 percent in 2022 as the country's national lawmakers and political advisors gathered in Beijing to map out development priorities for this year.

Macro

China's CPI up 0.9 pct in February

China's CPI up 0.9 pct in February

China's consumer price index (CPI), a main gauge of inflation, rose 0.9 percent year on year in February, flat from the growth seen in the same period last year, data from the National Bureau of Statistics (NBS) showed Wednesday.

In-depth

Industries

China home to 2 mln 5G base stations by end of 2022: minister

China home to 2 mln 5G base stations by end of 2022: minister

China will work to ensure the number of 5G base stations tops 2 million this year, Minister of Industry and Information Technology Xiao Yaqing said Tuesday.

China's e-commerce logistics activities expand in February

China's e-commerce logistics activities expand in February

China's e-commerce logistics sector posted steady growth in February as the Beijing Winter Olympics boosted demand for consumption, industry data showed.

China's dairy industry logs robust growth in 2021

China's dairy industry logs robust growth in 2021

China's major dairy producers registered robust growth in output last year, official data shows.

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