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Stable prices leave more options for macro policies later this year--China Economic Net


Expansion of both consumer, producer price indices edging down in June
China s producer and consumer prices registered slower growth in June thanks to the country s recent efforts in stabilizing commodity and raw material prices, leaving more room for macro policy maneuvers in the second half of this year, officials and experts say.
Data released by the National Bureau of Statistics on Friday showed that expansion of both consumer and producer price indices edged down in June. The country s consumer price index, a main gauge of inflation, rose 1.1 percent in June, down from 1.3 percent in May, putting CPI expansion at 0.5 percent year-on-year for the first half of this year. ....

Lu Ting , Dong Lijuan , Huang Yanming , Public Policy At Chongqing University , People Bank , China Minsheng Bank , National Bureau Of Statistics On , National Bureau , Public Economy , Public Policy , Chongqing University , Chief China Economist , Guotai Junan Securitie , லு டிங் , பொது பாலிஸீ இல் சோங்க்கிங் பல்கலைக்கழகம் , மக்கள் வங்கி , தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் ஆன் , தேசிய பணியகம் , பொது பொருளாதாரம் , பொது பாலிஸீ , சோங்க்கிங் பல்கலைக்கழகம் , தலைமை சீனா பொருளாதார நிபுணர் ,

Industrial profits surge 92.3%


Industrial profits surge 92.3%
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A technician oversees the manufacture of forklifts at a company in Huzhou, Zhejiang province. [Photo by TAN YUNFENG/FOR CHINA DAILY]
Production and sales increase as solid recovery continues to gather strength
Profits at China s industrial firms surged in March on a yearly basis as both production and sales grew rapidly and the economic recovery continued to gain strength, experts said.
Industrial profits rose to 711.18 billion yuan ($109.66 billion) in March, up 92.3 percent from a year ago, the National Bureau of Statistics said on Tuesday.
During the first three months, industrial profits rose to 1.825 trillion yuan, up 137 percent from a year ago, and up by 50.2 percent from the same period in 2019. This brought the two-year average growth to 22.6 percent, the NBS said. ....

Zhu Hong , Public Policy At Chongqing University , National Bureau Of Statistics , National Bureau , Public Economy , Public Policy , Chongqing University , Per Cent , ஜு ஹாங் , பொது பாலிஸீ இல் சோங்க்கிங் பல்கலைக்கழகம் , தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , தேசிய பணியகம் , பொது பொருளாதாரம் , பொது பாலிஸீ , சோங்க்கிங் பல்கலைக்கழகம் , ஒன்றுக்கு சதவீதம் ,

Manufacturing, high-tech investments to play key role--China Economic Net


Investment will continue to play a key role in energizing the Chinese economy this year, with input into manufacturing and high-tech industries playing the lead role, experts said.
China s fixed asset investment grew steadily by 2.9 percent on a yearly basis in 2020 with high-tech and the social sector leading the growth, the National Bureau of Statistics said on Monday. The country s total fixed asset investment amounted to 51.89 trillion yuan ($7.99 trillion) in 2020. Investment grew by 0.9 percent in the basic infrastructure sector, but declined by 2.2 percent in the manufacturing sector, the NBS said on Monday.
Investment growth in the agricultural, secondary and services sectors all turned positive last year. In particular, investment in high-tech industries grew by 10.6 percent on a yearly basis, 7.7 percentage points above the overall level. Private-sector investment stood at 28.93 trillion yuan, up by 1 percent on a yearly basis. ....

United States , Xiao Lisheng , Public Policy At Chongqing University , Chinese Academy Of Social Sciences , National Bureau Of Statistics , National Bureau , Chinese Academy , Social Sciences , Long Shaobo , Public Economy , Public Policy , ஒன்றுபட்டது மாநிலங்களில் , பொது பாலிஸீ இல் சோங்க்கிங் பல்கலைக்கழகம் , சீன கலைக்கழகம் ஆஃப் சமூக அறிவியல் , தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , தேசிய பணியகம் , சீன கலைக்கழகம் , சமூக அறிவியல் , பொது பொருளாதாரம் , பொது பாலிஸீ ,