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The Ministry of Commerce released data showing that the total import and export volume of services in China increased by 8.0% year-on-year in the first half of the year

On August 4th, the Ministry of Commerce released data showing that China's service trade will steadily grow in the first half of 2025, with a total import and export volume of 3887.26 billion yua ...
Macroeconomics 2025-08-05
Several state-owned banks have expressed their commitment to implementing the interest subsidy policy of the National Standing Committee to promote consumption upgrading and service industry revitalization

After the State Council executive meeting held on July 31 deployed the implementation of the personal consumption loan interest subsidy policy and the service industry operating entity loan interest s ...
Macroeconomics 2025-08-04
Balancing 'Stable Growth' and 'Risk Prevention', the central bank clarifies seven key areas of work for the second half of the year

On August 1, the People's Bank of China (hereinafter referred to as "the central bank") held the second half of 2025 work conference and the promotion conference of the normal long-term ...
Macroeconomics 2025-08-04
Perspective on July PMI data: High tech manufacturing industry leads growth rate, overall output of China's economy maintains expansion

In July, the Purchasing Managers' Index for the manufacturing industry was 49.3%, a decrease of 0.4 percentage points from the previous month; The non manufacturing business activity index and th ...
Macroeconomics 2025-08-01
The popularity of summer vacation tourism continues, and many places are focusing on building summer vacation destinations

In July, high temperatures frequently occurred in many parts of China, and the demand for tourists to escape the heat remained strong. According to recent reports released by multiple online travel pl ...
Macroeconomics 2025-08-01
National Bureau of Statistics: Manufacturing PMI for July was 49.3%

The website of the National Bureau of Statistics has released the operation status of China's Purchasing Managers' Index for July 2025. 1、 In July, the Purchasing Managers' Index (PMI) ...
Macroeconomics 2025-07-31
Looking at China's foreign trade 'including new volume' through port terminals

The Political Bureau of the Central Committee of the Communist Party of China held a meeting on July 30th to analyze and study the current economic situation and deploy economic work for the second ha ...
Macroeconomics 2025-07-31
Summer consumption boom surges, 'night economy' heats up, stimulates new vitality in cities

The hot summer continues, and the domestic consumer market is showing characteristics of day night linkage and diverse forms of coexistence. According to the data released by Meituan Travel on July 29 ...
Macroeconomics 2025-07-31

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