By Addison Gong
14 May 2021
In this round-up, China records the lowest population growth in decades, the pace of credit expansion moderates, and a surge in the country’s factory gate prices adds to global inflation concerns.
China’s population hit 1.412bn last year, up from 1.4bn in 2019 and an increase of 72.06m from 2010, according to the National Bureau of Statistics (NBS). The average annual growth rate was 0.53% for the past decade, slower than the 0.57% recorded for the 2000-2010 period. Those aged 60 or above made up 18.7% of the population, which was 5.44 percentage points higher compared to 2010. The male to female ratio was 51.24 to 48.76.
2021-05-12 08:05:38 GMT2021-05-12 16:05:38(Beijing Time) Xinhua English
BEIJING, May 12 (Xinhua) A 100-episode documentary series depicting Chinese people s economic endeavors and achievements in science, technology and production under the leadership of the Communist Party of China (CPC) over the past century has been released on a national television channel and online media outlets.
Jointly launched by China Media Group and the State-owned Assets Supervision and Administration Commission of the State Council, the series premiered on Tuesday following a launch ceremony.
The series spotlights a range of items symbolic of the enterprising spirit of CPC members in the country s state-owned enterprises who have pioneered and led the people to achieve great feats in economic development, scientific research and manufacturing industries.
A 100-episode documentary series depicting Chinese people s economic endeavors and achievements in science, technology and production under the leadership of the Communist Party of China (CPC) over the past century has been released on a national television channel and online media outlets.
Jointly launched by China Media Group and the State-owned Assets Supervision and Administration Commission of the State Council, the series premiered on Tuesday following a launch ceremony.
The series spotlights a range of items symbolic of the enterprising spirit of CPC members in the country s state-owned enterprises who have pioneered and led the people to achieve great feats in economic development, scientific research and manufacturing industries.
May 11, 2021
China regularly forces us to check our assumptions about how the world works. The country’s return to regional and global prominence challenged preconceived notions (in the West) about leadership. Then, there was the stubborn defiance of expectations that one-party communist rule would give way to democracy. Sharpening tensions between China and the West (and its neighbors) reflect a whole series of inaccurate priors about ways that Beijing’s policies would evolve.
Now, China is forcing us to reassess how capitalism works and how the world should adjust to its refusal to mimic Western corporate and business practices. These differences assume great significance in the race to catch up with and overtake the West in the development of leading-edge technologies. Make no mistake: China is in many important ways a capitalist country; but Chinese capitalism is a very different animal from that practiced in the West.
CX Daily: Is Global Inflation About to Take Off?
Inflation /
Factories around the world
are facing headwinds from surging commodity prices, rising shipping costs and semiconductor shortages, fueling worries that global inflationary pressures are looming as major economies recover from pandemic lockdowns.
In China, factory gate prices have climbed at an accelerated pace in recent months. The
producer price index (PPI), which gauges changes in prices of goods circulated among manufacturers and mining companies, rose 4.4% year-on-year, in March, the fastest growth since July 2018. The trend further strengthened in April as prices of coal, steel, cement and glass all increased significantly.