China’s fixed asset investments (FAI) both overall and in the property market specifically, accelerated to last month, growing by 1.8% and 6.3% respectively over January-October, with the former 1 percentage point higher and the latter 0.7 percentage points higher than those for the first nine months, according to the country’s National Bureau of Statistics (NBS).
China’s gross domestic product (GDP) may grow 2% on year for the whole 2020 should the growth for the fourth quarter approximate 6.1% on the condition that “favourable factors will outweigh the adverse ones”, Meng Chun, researcher from China’s Development Research Center of the State Council shared at the 2020 National Steel Scrap Conference on November 12 in Haikou, South China’s Hainan.
海关：中国的1 - 10月外贸进出口总值增长1.1％2020年11月9日
China’s foreign trade value grew faster at 1.1% on year over January-October against the 0.7% growth for the first nine months, and both exports and imports showed the continuing improvement, with the former having increased faster by 2.4% on year and the latter narrowed the on-year decrease to 0.5% on year, the latest data from the country’s General Administration of Customs showed.
China’s Purchasing Managers’ Index (PMI) for its manufacturing industry remained largely stable on month, down merely 0.1 basis point to 51.4 for October, or having stayed in the expansion zone for the eighth month, confirming the continuing improvement in the sector, Zhao Qinghe, the senior statistician from the country’s National Bureau of Statistics (NBS) highlighted in his latest analysis.
在未来五年，中国将追高品质的国家发展，进一步提升其系统环境的保护，实现在经济，工业和能源结构的根本性转变，梨膏，生态部的气候变化部的负责人and Environment (MEE), shared at the ministry’s press conference on October 28, touching upon some key components in the drive towards an eco-friendly economy in the long run.
With the steady progress achieved in China’s national economic recovery in the past three quarters, especially with a 4.9% on-year growth in the gross domestic product (GDP) for the third quarter, the trend is expected to persist in the last quarter, Liu Aihua, spokesperson of the country’s National Bureau of Statistics shared at a press conference on October 19.
国家统计局：中国GDP同比超过1 - 9月增长0.7％2020年10月19日
As expected, by the end of September on-year growth in China’s gross domestic product (GDP) returned to the positive zone, rising by 0.7% on year over January-September to Yuan 72.3 trillion ($10.8 trillion), the latest release from the country’s National Bureau of Statistics (NBS) showed. The July-September quarter GDP was also up 4.9% on year and up 2.7% on quarter.
国家统计局：中国1 - 9月固定资产投资增长0.8％，财产增长5.6％2020年10月19日
Over January-September, China’s fixed asset investment (FAI) returned to the positive zone, up 0.8% on year against the 0.3% on-year dip for January-August, and the funding in the domestic property market grew faster at 5.6% on year, according to the release by the country’s National Bureau of Statistics on October 19, both confirming a steady recovery in the Chinese economy.
FLASH：中国1 - 9月固定资产投资增长0.8％，财产增长5.6％2020年10月19日
Over January-September, China’s fixed asset investment (FAI) increased 0.8% on year, back to the positive zone, and the funding in the domestic property market grew faster at 5.6% on year, according to the latest release from the country's National Bureau of Statistics. A detailed report will be posted soon.
FLASH：中国GDP GROWS 0.7％，比1 - 9月2020年10月19日
FLASH：中国的1 - 9月粗钢产量增长4.5％2020年10月19日
China’s foreign trade value in terms of Yuan finally turned positive on-year by the end of September, recording a gain for the first time this year, the country’s General Administration of Customs (GACC) shared at a press conference on October 13, highlighting that during the third quarter, the country’s total trade value, and the values of imports and exports, were all at respective record highs.
China’s Purchasing Managers’ Index (PMI) for the manufacturing industry rebounded by 0.5 basis point to 51.5 in September after a slight dip in August, indicating that performance of the manufacturing industry improved this month, according to the latest release of China’s National Bureau of Statistics (NBS) on September 30.
India’s gross domestic product (GDP) growth for fiscal year (FY) 2020 ending on 31 March 2021 is forecast to contract by 9.0% as the coronavirus disease (COVID-19) pandemic weighs heavily on economic activity and consumer sentiment in the country, according to a new report by the Asian Development Bank (ADB).
Many economic sectors in China including those of consumption, industrial production and investment showed more positive signs of returning to their normal tracks by the end of August, according to a series of highlights published individually by the country’s National Bureau of Statistics (NBS) on September 15.