2024 Newsletters

Overview of China’s Purchasing Managers’ Index (PMI) for July 2024 According to the data released by National Bureau of Statistics, in July, the Manufacturing Purchasing Managers’ Index (PMI) was 49.4%, a decrease of 0.1 percentage points from the previous month.…

The Paris Olympics Showcased a Multitude of Chinese Technological Innovations The opening ceremony of the Paris Olympics commenced at 19:30 Paris time on July 27. Chinese companies are playing pivotal roles in various aspects of the event, from broadcasting to…

China Aims to Accelerate New Development Model Construction of Real Estate The Chinese government has proposed to accelerate the establishment of a housing system that combines renting and purchasing, and to speed up the construction of a new model for…

China’s GDP Grows by 5.0% Year-on-Year in First Half of 2024 On July 15, data released by the National Bureau of Statistics showed that China’s Gross Domestic Product (GDP) for the first half of 2024 reached CNY 61.6836 trillion, representing…

China’s Manufacturing PMI for May was 49.5, While the Non-manufacturing Sector Continued to Expand According to the data released by the National Bureau of Statistics on June 30th, the Manufacturing Purchasing Managers’ Index (PMI) was 49.5%, the same level as…

1.China’s Foreign Exchange Market Transactions Totaled CNY 23.89 Trillion in May 2024 According to the State Administration of Foreign Exchange on June 28, China’s foreign exchange market (excluding the foreign currency pair market) recorded a total transaction volume of CNY…

1.Shanghai, Shenzhen, and Beijing Stock Exchanges Resume IPO Acceptance Due to the sluggish market environment, the China Securities Regulatory Commission (CSRC) had tightened the pace of IPOs since August 27 last year. As of June 21, only five new companies…

1.China’s Consumer Prices Rise 0.3% Year-on-Year in May 2024 In May 2024, national consumer prices rose 0.3% y-on-y. Among which, urban areas and rural areas rose by 0.3% and 0.4%; food prices fell by 2.0% and non-food prices rose by…

1.China’s Imports Up 1.8% and Exports Up 7.6% Year-on-Year in May On Friday, June 7, the General Administration of Customs announced that China’s imports in May 2024 increased by 1.8% y-o-y to $219.73 billion, compared to a previous y-o-y growth…

1.China’s Manufacturing PMI for May was 49.5, While the Non-manufacturing Sector Continued to Expand According to the data released by National Bureau of Statistics on May31, in May, the Manufacturing Purchasing Managers’ Index (PMI) was 49.5%, a decrease of 0.9…