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Central meetings focus on shoring up real economy, prioritize modern industrial system

China’s central government has convened three important meetings within two weeks to discuss and lay out major tasks related to economic and social development, at a time when the nation’s economy has rode on the fast track of recovery, experts said.
Zhang Hong Central Commission For Financial First Republic Bank Economic Affairs Political Bureau National Congress

China's private Caixin manufacturing PMI dips to 49.5 in April, but industry confidence index keeps strong

Chinas private Caixin Manufacturing Purchasing Managers Index (PMI) stood at 49.5 in April, down from previous months 50.0. Though the industry is facing headwinds in market demand and employment, the industry confidence index has showed a strong momentum.
National Bureau Of Statistics On East China Anhui Province Caixin Manufacturing Purchasing Manager Index National Bureau Wang Zhe

Strong economic recovery lifts 80% of A-share firms to profitability in Q1

More than 80 percent of A-share companies listed on the Shenzhen and Shanghai stock exchanges made profits in the first quarter of 2023, thanks to expansion in domestic demand as well as science and technological advances amid Chinas digital transformation.
Yang Delong China Unicom First Seafront Fund Management Co Yanjing Brewery Co Zhonghuan Semiconductor Co Xinhua News Agency

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