National Bureau of Statistics

New Business

No respite in sight for top Chinese developers as profits continue to slump

Major Chinese developers like China Overseas Land & Investment and Country Garden Holdings continue to report disappointing earnings, as the…

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New Business

China’s industrial profits unexpectedly fall in ominous sign for economy

Profits at China’s industrial firms contracted at the start of 2025, flashing a worrying sign for the economy as higher…

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China’s home prices drop for 21st straight month as property recovery remains elusive

China’s new-home prices fell for the 21st straight month in February as a recovery continued to elude the key economic…

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Breaking | China’s 2025 starts with rising retail sales as consumption takes centre stage

China has reported a 4 per cent growth in consumption in the first two months of 2025, a modest increase…

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China unveils 30-point toolbox to lift consumption

China has vowed to increase household wealth, boost the stock and property markets and funding for artificial intelligence (AI), under…

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China’s workers flock to Shenzhen and Hangzhou as talent war heats up

China’s technology hubs of Shenzhen and Hangzhou posted strong population growth in 2024, as the cities bucked the country’s broader…

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China’s January-February CPI falls 0.1% days after annual inflation control target lowered

Just days after China lowered its annual consumer inflation control target from around 3 per cent to around 2 per…

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China’s PMI data returns to positive territory for February

China’s purchasing managers’ index, a key indicator for manufacturing activity, reached three-month high in February and returned to positive territory…

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DeepSeek keeps Hangzhou’s property market abuzz as China’s ‘tech dragons’ plot growth

The property market in Hangzhou, home to China’s biggest surprise in tech innovation, is experiencing a revival – in contrast…

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New Business

Are China’s AI advancements a double-edged sword hanging over already dire job prospects?

Following the emergence of Chinese artificial intelligence (AI) start-up DeepSeek, the nation’s rapid AI developments are sending shock waves through…

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