China's economic recovery adds certainty to global growth

China's economic recovery adds certainty to global growth

After a good start this year, the Chinese economy will buoy steady and sustained development, adding certainty to global growth clouded by upheavals, an official said on Saturday.

Macro

China moves to bolster economic recovery with RRR cut

China moves to bolster economic recovery with RRR cut

China has announced its first cut in the amount of cash that banks must hold as reserves this year to bolster the economic growth momentum after investment stabilized and consumption rebounded in the first two months.

Financials

Industries

Profits of China's home appliance sector surge 19.9 pct in 2022

Profits of China's home appliance sector surge 19.9 pct in 2022

China's home appliance sector logged robust growth in 2022, with its profits soaring 19.9 percent year on year, industry data shows.

Chinese sports brands see bumper 2022

Chinese sports brands see bumper 2022

Major Chinese sports enterprises such as Anta, Xtep and Li-Ning enjoyed considerable growth in 2022, according to annual financial results released in recent days.

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