The Chinese economy has made a flying start to 2023, with major economic indicators seeing steady expansion, offering the latest evidence that the world's second largest economy is set to secure a powerful recovery this year.
China's economy presents long-term growth potential and attractive opportunities for overseas companies and investors, said Nuno Matos, CEO of Wealth and Personal Banking of HSBC Group, in a recent written interview with Xinhua.
China's retail sales of consumer goods rebounded in the first two months of 2023 as COVID-triggered restrictions on consumption gradually waned and market demand and vitality improved.more
Major Chinese cities in general reported rising home prices last month, adding to evidence of a stabilizing property sector, official data showed Thursday.more
As China lifted more travel restrictions after it optimized its COVID-19 response, its recovering outbound and inbound travel is injecting new impetus into the global tourism market.
Global firms are endeavoring to take the pulse of the recovering Chinese market, with some making long-awaited business trips and others staying on top of the latest policy moves.