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Harbin Electric Corporation speeds up production--China Economic Net

Harbin Electric Corporation speeds up production--China Economic Net
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In a tough 2022, China s economic governance inspires stability, US protectionism wreaks havoc globally

China’s ultra-efficiency in policymaking and implementation has been on full display in the last week of 2022. After the nation’s top health authority on Monday night announced it will downgrade management of COVID-19 and lift quarantine requirements on inbound travelers from January 8, 2023, various ministries responsible for everything from customs and immigration to foreign affairs swiftly moved to remove anti-COVID measures in their respective areas, essentially reopening China’s borders after three years of arduous fight against COVID pandemic.

Global leaders warn against split in world economy at IFF, commend China s stabilizing role

Leaders from international organizations, executives of major global financial institutions and experts on Sunday called for open and pragmatic cooperation among countries to jointly deal with multiple challenges and put the global economic recovery back on track.

Key meetings in December set tone for China s economic policy next year

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.

Workers are busy in a workshop of Harbin Turbine Company Ltd. of Harbin Electric Corporation in Harbin, northeast China s Heilongjiang Province, May 7, 2022.Retail sales, a major indicator of consumption strength, continued falling in May but saw a narrower decline of 6.7 percent, thanks to the gradual improvement of domestic demand.

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