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Despite heavy rainfall in some areas, Chinas services grew strongly in July, as evidenced by a spike in a key gauge, suggesting the sector is so resilient it will probably have no trouble at all in withstanding the disruption brought by the latest wave of local COVID-19 cases, experts said on Wednesday.

China's top economic regulator said on Tuesday that it would further deepen price reforms during the 14th Five-Year Plan period (2021-25) as part of ongoing efforts to curb unreasonable price swings in key commodities such as iron ore and copper.

China will take more steps to curb commodity price speculation and keep prices stable, showing zero tolerance for illegal activities, according to the countrys top economic regulator.   The National Development and Reform Commission, together with other four central departments, held a meeting on Sunday on the rapid commodity price gains this year, warning key enterprises in the bulk commodity sector to maintain normal market order.   The talks came after Premier Li Keqiang chaired the State ...

Regions register rapid economic rebound in Q1 1 2021-04-28 08:48:57China Daily Editor : Li Yan ECNS App Download Workers assemble a hub for a wind power generation facility in Lianyungang, Jiangsu province, on Tuesday. Profits of Chinas major industrial firms maintained fast expansion in the first quarter of the year, according to the National Bureau of Statistics. (GENG YUHE/FOR CHINA DAILY) Chinas economic recovery is on a solid track across the nation as almo...

Provided by Dow Jones By Martin Mou Online travel platform Trip.com Group Ltd. shares rose in their Monday debut in Hong Kong, as China gears up for a busy travel season during the upcoming Labor Day holiday. Trip.com shares opened 4.85% higher and were last up 3.4% at 277.00 Hong Kong dollars, compared with their IPO price of HK$268.00 a share. The company raised around HK$8.33 billion (US$1.07 billion) in net proceeds from its offering in Hong Kong. Trip.com is ...

Chinese consumption fires on all cylinders during Qingming Festival holidays Xie Jun Published: Apr 05, 2021 11:23 PM Tourists enjoy sunbathing and kites fly in the sky at an ocean park in Rizhao, East Chinas Shandong Province on Monday. The park saw visitors peak during the Qingming Festival holiday from Saturday to Monday. Photo: VCG Chinas consumption is firing on all cylinders including tourism and box office in the three-day Qingming Festival holidays to a level that is approaching, or ev...

Despite wide speculation that China has not so far set a national target for GDP growth in 2021, most of Chinas provinces and regions have set their own targets above 6 percent this year, signaling confidence to achieve further economic rebound from the coronavirus bite in a

Economic recovery firmly underway China’s economy remains on a solid track to recovery as price levels picked up while corporate borrowing increased last month, experts said. But the recovery in consumption and the services sector remained subdued in January, underlining the necessity of more structural policy support and making any sharp tightening in monetary policy unlikely, they said. Backed by recovering domestic demand and rising commodity prices globally, the growth in China’s produc...

China's economy remains on a solid track to recovery as price levels picked up while corporate borrowing increased last month, experts said on Wednesday.

Chinese economists estimate that the countrys consumer price index (CPI) rose about 0.2 percent in December, as food costs increased in the winter season, while the pandemic resurgence cut pork imports.