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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 China's Shandong Province on Monday. The park saw visitors peak during the Qingming Festival holiday from Saturday to Monday. Photo: VCG China's 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 even surpasses that of 2019, industry practitioners and companies said, as Chinese consumers rushed ...

Despite wide speculation that China has not so far set a national target for GDP growth in 2021, most of China's 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 producer price index, which gauges factory-gate inflation, turned positive for the first time in 12 months...

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 country's 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.