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Multiple Chinese ports reported increased throughput in January, marking a strong start for the year. As an important economic indicator, port operations showcase the robustness of China's production activity and foreign trade, and the ports play a significant role in maintaining the stability of the global supply chain, experts said.
There are over 4,000 AI-powered virtual livestreamers in Yiwu and experts believe that such burgeoning digital technologies will bring fresh impetus to e-commerce and trade growth.
China posted a robust GDP growth of 5.2 percent for 2023, successfully beating the government’s pre-set yearly target of around 5 percent, the National Bureau of Statistics said on Wednesday. This highlighted the strong internal dynamics of the world’s second-largest economy and its significant potential for continuous expansion, even amid a turbulent international macroeconomic environment, continuing to drive global resurgence.
China’s exports grew slightly for a second consecutive month in December even as deflationary pressures persisted, according to official data released Friday that underscored the uneven nature of the country’s economic recovery from the pandemic. Demand for Chinese exports has been weak since the Federal Reserve and central banks in Europe and Asia began raising…
The continued escalation of the Red Sea crisis is still affecting Asia-Europe shipping, with some even fearing a return to container shortages. But Chinese logistics companies and experts said that the country’s ocean-going supply chain is resilient enough to cope with the situation.