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China’s Smartphone Market Looks Overripe as Annual Shipments Dip for First Time

China’s Smartphone Market Looks Overripe as Annual Shipments Dip for First Time

Total shipments of Chinese smartphones declined for the first time ever last year, suggesting the domestic market is past its prime, according to market research agency Canalys.

Jan 29, 2018
Dou Shicong
China’s Industrial Profit Growth Hits Five-Year High on Supply-Side Structural Reform

China’s Industrial Profit Growth Hits Five-Year High on Supply-Side Structural Reform

The profit growth of Chinese industrial enterprises above the designated size (those with an annual operating income of over CNY20…

Jan 26, 2018
Xu Wei
Chongqing’s GDP Nears USD320 Billion, Ranks Fifth in China

Chongqing’s GDP Nears USD320 Billion, Ranks Fifth in China

Chongqing’s gross domestic product was nearly CNY2 trillion (USD320 billion) last year, surpassing that of Tianjin and ranking fifth in…

Jan 25, 2018
Xu Wei
China's Solar Sector Sees Cell Production Surge by One-Third in 2017

China's Solar Sector Sees Cell Production Surge by One-Third in 2017

China's solar industry continued its strong momentum last year with production of photovoltaic cells growing to 68 gigawatts, a 33.3…

Jan 24, 2018
Dou Shicong
Shanghai Sets GDP Growth Target at 6.5% for Next Five Years

Shanghai Sets GDP Growth Target at 6.5% for Next Five Years

Shanghai has pegged its economic growth target at about 6.5 percent for each of the coming five years, Mayor Ying Yong said today at the annual session of the Shanghai People’s Congress.

Jan 23, 2018
Chen Juan
IMF Raises China's Growth Forecast to 6.6% for 2017 on Stricter Shadow Banking Regulation

IMF Raises China's Growth Forecast to 6.6% for 2017 on Stricter Shadow Banking Regulation

The International Monetary Fund has raised its expectations for China's economic growth this year by 0.1 percentage point to 6.6…

Jan 23, 2018
Zhou Ailin
China Used 6.3 Trillion Kilowatt Hours of Electricity as It Powered Its Economy Last Year

China Used 6.3 Trillion Kilowatt Hours of Electricity as It Powered Its Economy Last Year

China used 6.3 trillion kilowatt hours of electricity last year, reflecting the strength of the country’s economy, National Development and Reform Commission spokesman Yan Pengcheng said today.

Jan 22, 2018
Tang Shihua
China’s NEV Sector Hindered by Low Charging Station Utilization, NEA Director Says

China’s NEV Sector Hindered by Low Charging Station Utilization, NEA Director Says

China’s new energy automotive sector faces ongoing challenges related to the underutilization of public charging piles due to the uneven distribution of related infrastructure.

Jan 22, 2018
Wu Ziye
Shanghai Becomes China’s First City With GDP Exceeding CNY3 Trillion

Shanghai Becomes China’s First City With GDP Exceeding CNY3 Trillion

Shanghai’s gross domestic product topped CNY3 trillion (USD466 billion) for the first time last year marking an unprecedented milestone for a Chinese city, as its economy expanded 6.9 percent.

Jan 19, 2018
Xu Wei
China’s Highest GDP Growth Rate in Seven Years Defies Concerns Over Regulatory Controls

China’s Highest GDP Growth Rate in Seven Years Defies Concerns Over Regulatory Controls

China's gross domestic product growth last year exceeded expectations, hitting over CNY80 trillion for the first time. It also represents…

Jan 19, 2018
Xu Wei
China's Birth Rate Drops in 2017 Despite Second-Child Policy Yields 51% of Newborns

China's Birth Rate Drops in 2017 Despite Second-Child Policy Yields 51% of Newborns

China had a total of 17.58 million newborns last year, 880,000 less than that in 2016. It marks a…

Jan 19, 2018
Wang Ling
China Cuts US Treasury Holdings by USD12.6 Billion in November

China Cuts US Treasury Holdings by USD12.6 Billion in November

China reduced its US Treasury holdings by USD12.6 billion to USD1.18 trillion in November last year, according to data released by the US Treasury Department.

Jan 18, 2018
Xu Wei

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