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China's services activity in Feb continues to expand, more policies needed to boost consumption: private survey

Chinas services activity continues to maintain a rapid rebound in February, with the index for services activity hitting a new high since September 2022, as the countrys economic recovery accelerates, boosting the domestic consumption, according to a private survey on Friday.
Cong Yi China Ministry Of Commerce National Bureau Of Statistics Southwest China Chongqing Municipality Senior Economist Wang Zhe

Steel coils are to be delivered to domestic and overseas customers in a warehouse of Tianjin Xinyu Color Plate Co., Ltd. in Tianjin, north China, Feb. 2, 2023.The booming orders at the beginning of 2023 marked a robust rebound in foreign trade in Tianjin, giving confidence to many local companies, meanwhile injecting new momentum into the global economy.
Cong Yi South Korea Republic Of Korea Bai Hongwei Sun Jiannan Zhang Yihai
Source: en.gmw.cn

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Holiday rebound propels Chinese stocks to near bull market

Chinese mainland stocks mounted a remarkable rally on Monday, the first trading day of the year of the Rabbit, with a benchmark surging to a near bull market, despite a pullback later in the session, as market sentiments are evidently buoyed by a better-than-expected travel and spending spree during the Spring Festival holidays.
United States Hong Kong Mi Feng Cong Yi Haikou Riyue Plaza Yang Delong

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