China's consumer price index, a main gauge of inflation, is likely to continue to recover as the upcoming holidays of the Mid-Autumn Festival and National Day are expected to boost market demand for food and services, the National Bureau of Statistics said on 15th of Sept.
This aerial photo taken on June 11, 2023 shows a view of the Basuo Port in Dongfang City, south China's Hainan Province.
Southeast Asia and China are poised to become one of the key drivers of the world economy following their commitments at this year's ASEAN summit, analysts say.
China's dynamic retail sector is undergoing profound changes catalyzed by the rising influence of Generation Z, which has emerged as a formidable force in sparking a new wave of consumption trends, according to business insiders and analysts.
It is advisable for the government to take further steps to stabilize the economy, such as speeding up the issuance of local government special bonds, further reductions in the reserve requirement ratio and interest rate cuts.