Xi voices confidence in the future of China's economy

The Chinese economy enjoys a good momentum overall, Xi said, citing that the country's gross domestic product grew by around 8 percent year on year in 2021, achieving the dual target of fairly high growth and relatively low inflation.

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  • Consumption will be top catchphrase ahead

    Consumption will be top catchphrase ahead

    Jan 18,2022

    China should take prompt and effective measures to shore up consumption amid COVID-induced uncertainties in 2022, as "stabilizing growth" will remain the common thread running through this year's economic playbook, industry experts said.

  • Xinjiang Comprehensive Bonded Area sees soaring foreign trade

    Xinjiang Comprehensive Bonded Area sees soaring foreign trade

    Jan 18,2022

    The total import and export trade volume in the Kashgar comprehensive bonded area in northwest China's Xinjiang Uyghur Autonomous Region in 2021 has exceeded 4.6 billion yuan (about $725 million), an year-on-year increase of more than five times.

  • Nation's 2021 GDP tops 110 trillion yuan, up 8.1%

    Nation's 2021 GDP tops 110 trillion yuan, up 8.1%

    Jan 18,2022

    China's economy expanded 8.1 percent year-on-year with major indicators reaching the expected targets, showcasing its strong resilience and vitality despite the impact of the COVID-19 pandemic, officials and experts said on Monday.

  • Chinese premier urges boosting of work safety risk control capabilities

    Jan 18,2022

    Chinese Premier Li Keqiang has stressed the importance of improving capabilities in the prevention and control of major risks in work safety.

  • China's resident nominal disposable income up 9.1 pct in 2021

    China's resident nominal disposable income up 9.1 pct in 2021

    Jan 17,2022

    China's per capita disposable income stood at 35,128 yuan (about 5,523 U.S. dollars) in 2021, up 9.1 percent year on year in nominal terms, data from the National Bureau of Statistics (NBS) showed Monday.

  • China's retail sales top 44 trln yuan in 2021

    China's retail sales top 44 trln yuan in 2021

    Jan 17,2022

    China's retail sales of consumer goods, a major indicator of consumption growth, hit 44.08 trillion yuan (about 6.93 trillion U.S.Sales of consumer goods rose 12.5 percent year on year in 2021, NBS data showed, putting the average annual growth for the past two years at 3.9 percent.

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