Wednesday, January 27, 2021
Tags GDP

Tag: GDP

“New Drivers Account for Over 30% of China’s Economic Growth”: NDRC

The state planning agency says that the role played by "new drivers" of economic growth in China is undergoing rapid increase. "In recent years, China...

Shenzhen’s GDP Outstrips Hong Kong and Singapore’s

The latest official data indicates that the GDP of the southern Chinese manufacturing hub of Shenzhen ranks third amongst major Chinese cities. The latest official...

Yu Yongding Pessimistic About Growth Due to Fixed Investment Slowdown

One of China's top economists says that hopes for a stabilisation in Chinese GDP growth are unfounded given an intractable slowdown in fixed-asset investment. Many...

State Planning Official Forecasts 6.5 – 6.8% GDP Growth for 2018

A vice-secretary from China's National Development and Reform Commission has made a  GDP growth forecast of 6.5 - 6.8% for 2018. In article written for...

Can Low Household Debt Contain Chinese Real Estate Prices?

While Chinese households continue to bear a comparatively modest share of national debt, their high savings levels continue to drive up prices in the...

Provincial Governments Begin to Dial Down GDP Growth Targets

Some of China's provincial governments have just released new GDP growth targets that mark a significant decline compare to 2017. The third week of January...

2017 GDP Figures for 20 Chinese Provinces Released

20 of China's province-level administrative entities have released their GDP figures for 2017, with the data pointing to household income growth outpacing economic expansion. As...

Shanghai’s GDP Breaches Three Trillion Yuan Threshold

The city of Shanghai saw its annual GDP exceed the three trillion yuan (approx. USD$470 billion) threshold in 2017, with the Pudong New District...

IMF Lifts China’s Economic Growth Forecasts for 2018/2019

The International Monetary Fund has lifted its economic growth forecasts for China over the next two years on the back of improved expectations for...

China Makes 30% Global Growth Contribution Following First GDP Uptick This Decade

The National Bureau of Statistics says that official GDP figures indicate the Chinese economy makes a 30% contribution to global economic growth in 2017. NBS...

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Chengdu to Issue 50M Yuan in Digital Renminbi via Record-sized Lottery

The Sichuan province capital of Chengdu is the latest Chinese city to stage trials for the issuance of the digital renminbi via...

Automaker Geely Establishes Fintech Investment Vehicle

Privately held automaker Zhejiang Geely Holding Group (浙江吉利控股集团有限公司) is seeking to expand its presence in the fintech sector with the launch of...

China Authorises 530,000 Patents in 2020, Patent Pledge Financing Rises over 43% YoY

The China National Intellectual Property Administration (CNIPA) says it approved 530,000 patents in 2020, bringing the total number of domestic patents in...

Shanghai Pudong Development Bank Opens Fintech Research Facility in Singapore to Focus on Blockchain, AI and API Development

Municipal lender Shanghai Pudong Development Bank (SPD Bank) has become the first joint-stock bank in China to establish an innovation centre...