2024 Newsletters

Key Economic Indicators Reflect Stabilization in October, Reports National Bureau of Statistics On December 16, the National Bureau of Statistics released data indicating a steady rebound in key economic indicators for October, signaling improvements across consumption, services, and trade. China…

China’s CPI Rises 0.2% Year-on-Year in November, Driven by Food Prices In November 2024, China’s national Consumer Price Index (CPI) increased by 0.2% year-on-year, according to data released. Urban and rural areas saw rises of 0.1% and 0.2%, respectively. Food…

South Korean Travelers Flock to China Following Visa-Free Policy According to South Korea’s SBS TV, China’s visa-free policy for South Korean citizens has sparked a surge in weekend travel demand, particularly among young professionals. With the shortest flights taking just…

China’s Manufacturing PMI Edges Higher in October, Non-Manufacturing PMI Sees Slight Dip According to data released by the National Bureau of Statistics on November 30, China’s Manufacturing Purchasing Managers’ Index (PMI) for October stood at 50.3%, marking a 0.2 percentage…

China Expands Visa-Free Policy to 38 Countries On November 22, the Consular Department of the Chinese Ministry of Foreign Affairs announced an expansion of China’s visa-free policy. From November 30, 2024, to December 31, 2025, ordinary passport holders from Bulgaria,…

Key Economic Indicators Show Rebound in October, According to National Bureau of Statistics On November 15, the National Bureau of Statistics reported a significant rebound in key economic indicators for October, including consumption, services, and trade. The added value of…

China’s CPI Rises 0.3% Year-on-Year in October, Driven by Food Price Increase In October 2024, national consumer price index(CPI) rose 0.3% year-on-year. Among which, urban areas and rural areas rose by 0.2% and 0.3%; food prices rose by 2.9% and…

China’s Manufacturing PMI Reached 50.1% in October, Indicating Growth According to data released by the National Bureau of Statistics on October 31, China’s Manufacturing Purchasing Managers’ Index (PMI) in October stood at 50.1%, up by 0.3 percentage points from the…

16th BRICS Summit Marks New Era of “Big BRICS Cooperation” Following Historic Expansion From October 22 to 24, the 16th BRICS Summit was held in Kazan, Russia, marking the first summit since the historic expansion of BRICS membership from five…

China’s Social Financing Stock Reaches CNY 402.19 Trillion by End of September 2024, Up 8% Y-o-Y On October 14, the People’s Bank of China (PBOC) reported that the stock of social financing reached CNY 402.19 trillion by the end of…