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2020 - 08 - 03
China's industrial capacity utilization rate stood at 74.4 percent in the second quarter of 2020, rising 7.1 percentage points from the first quarter as the country has been resuming work and production, official data showed Thursday.Manufacturing capacity utilization rate increased by 7.6 percentage points from the first quarter to 74.8 percent, leading in the three major sectors, according to the National Bureau of Statistics (NBS).The figure of the mining sector grew 5 percentage points from the first quarter to 72.1 percent in the second quarter, while that for the production and suppl...
2020 - 07 - 30
China's cargo transport industry reported faster growth in June with business activities recovering to normal levels, industry data showed.The China Transportation Services Index (CTSI) stood at 153.9 points last month, down 11.5 percent year-on-year, according to the China Academy of Transportation Sciences (CATS).The decrease narrowed from the 16.5-percent drop recorded in May.The subindex for cargo transport jumped 5 percent year-on-year to 185.2 points last month, with the growth faster when compared with the 0.8-percent rise in May and keeping almost the same level as that of last yea...
2020 - 07 - 27
China saw its foreign trade rise 5.1 percent year on year in June, with exports and imports up 4.3 percent and 6.2 percent respectively, official data showed Tuesday.The country registered better-than-expected foreign trade performance in the first half of the year, said Li Kuiwen, spokesman of the General Administration of Customs (GAC) at a news conference.Foreign trade of goods went down 3.2 percent year on year in the first half to 14.24 trillion yuan (about 2 trillion U.S. dollars), narrowing by 1.7 percentage points compared with the decrease for the first five months.Following the turbu...
2020 - 07 - 23
China's economy grew by 3.2 percent year-on-year in the second quarter of the year, versus a 6.8 percent contraction in the first quarter, driven by a number of improving economic indicators, the National Bureau of Statistics said on Thursday.In the first half of the year, the country's GDP contracted by 1.6 percent from a year earlier to 45.66 trillion yuan ($6.53 trillion), the NBS said. The Chinese economy has steadily recovered as epidemic containment bore fruit, with people’s basic livelihood safeguarded and market expectation brightening, the bureau said in a statement.Industrial...
2020 - 07 - 20
China's value-added industrial output, an important economic indicator, went up 4.4 percent year on year in the second quarter as factories stepped up production amid COVID-19 control, data from the National Bureau of Statistics (NBS) showed Thursday.In June alone, industrial output went up 4.8 percent year on year, faster than the 4.4-percent expansion seen in May and marking the third consecutive month of growth, the NBS data showed.In the first half of the year, industrial output fell 1.3 percent, dragged down by the 8.4-percent slump in the first quarter as the novel coronavirus outbre...
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