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China's paid-in foreign direct investment (FDI) in 2022 hit $189.13 billion, a year-on-year growth of 8 percent in US dollar terms, maintaining a stable growth, data from the Ministry of Commerce (MOFCOM) showed on Wednesday.
China's factory activity contracted in December as COVID cases prevent workers from go to work, but the majority of surveyed companies said they expect the prospect to improve after the epidemic situation is eased, the National Bureau of Statistics (NBS) said on Saturday.
China’s National Development and Reform Commission (NDRC), the country's economic planner, on Thursday released an action plan to boost domestic demand during the 14th Five-Year Plan period (2021-25), as the nation strives to boost its recovery and realize high-quality growth amid a global economic downturn.
China will conduct its fifth national economic census in 2023 to take stock of the country's economic and social development, a move that comes as the country braces for a slew of tone-setting economic symposiums in December, including the annual Central Economic Work Conference, which will lay out the macroeconomic policy foundation for a head start next year.
Ministry of Industry and Information Technology (MIIT), along with two other ministries, jointly issued a notice on Monday, aiming to consolidate industrial production, to be bolstered with a spate of new supportive measures.