http://en.xfafinance.com us-en Xinhua Finance Agency desdev@vip.qq.com http://en.xfafinance.com/html/Economies/Economic_Data/2024/1006076.shtml Xinhua Finance Agency Economic Data Thu, 15 Aug 2024 10:38:26 +0800 http://en.xfafinance.com/html/Economies/Economic_Data/2024/1006076.shtml
BEIJING, Aug. 15 (Xinhua) -- China's service production index went up 4.8 percent year on year in July, quickening by 0.1 percentage points from the previous month, official data showed Thursday. ]]> http://en.xfafinance.com/html/Economies/Economic_Data/2024/1005276.shtml Xinhua Finance Agency Economic Data Mon, 12 Aug 2024 10:38:28 +0800 http://en.xfafinance.com/html/Economies/Economic_Data/2024/1005276.shtml
BEIJING, Aug. 12 (Xinhua) -- China's automobile industry has revealed a growth trend, with its production and sales of vehicles increasing steadily in the first seven months of 2024, data from the China Association of Automobile Manufacturers showed on Friday.

From January to July, China's auto production totaled nearly 16.18 million units, up 3.4 percent year on year. Auto sales stood at 16.31 million units, an increase of 4.4 percent from the same period last year.

In July, China's auto market entered its traditional off-season and its overall performance was relatively flat. Auto production came in at nearly 2.29 million units in July, down 4.8 percent year on year, and monthly sales totaled over 2.26 million units, down 5.2 percent year on year.

Production and sales of new energy vehicles (NEVs) maintained rapid growth in the first seven months.

During the period, NEV production climbed to over 5.91 million units, rising 28.8 percent year on year. Sales of NEVs came in at over 5.93 million units, up 31.1 percent from a year earlier. NEVs accounted for 36.4 percent of all domestic new-car sales in the first seven months.

Some 708,000 NEVs were exported during the period, a year-on-year rise of 11.4 percent. ]]> http://en.xfafinance.com/html/World/2024/1004862.shtml Xinhua Finance Agency World Fri, 09 Aug 2024 09:40:15 +0800 http://en.xfafinance.com/html/World/2024/1004862.shtml
BEIJING, Aug. 9 (Xinhua) -- China's producer price index (PPI), which measures costs for goods at the factory gate, went down 0.8 percent year on year in July, the National Bureau of Statistics said Friday. ]]> http://en.xfafinance.com/html/Economies/Economic_Data/2024/1006054.shtml Xinhua Finance Agency Economic Data Thu, 15 Aug 2024 10:00:56 +0800 http://en.xfafinance.com/html/Economies/Economic_Data/2024/1006054.shtml
BEIJING, Aug. 15 (Xinhua) -- China's value-added industrial output, an important economic indicator, expanded 5.1 percent year on year in July, official data showed Thursday. ]]> http://en.xfafinance.com/html/Economies/Economic_Data/2024/1004861.shtml Xinhua Finance Agency Economic Data Fri, 09 Aug 2024 09:39:35 +0800 http://en.xfafinance.com/html/Economies/Economic_Data/2024/1004861.shtml
BEIJING, Aug. 9 (Xinhua) -- China's consumer price index (CPI), a main gauge of inflation, was up 0.5 percent year on year in July, the National Bureau of Statistics showed Friday. ]]> http://en.xfafinance.com/html/Economies/Trade/2024/1005262.shtml Xinhua Finance Agency Trade Mon, 12 Aug 2024 10:05:43 +0800 http://en.xfafinance.com/html/Economies/Trade/2024/1005262.shtml
BEIJING, Aug. 12 (Xinhua) -- China's services trade saw rapid growth in the first half of 2024, with a steep increase in the trade of travel-related services, official data showed on Friday.

The country's services trade totaled nearly 3.6 trillion yuan (503.6 billion U.S. dollars) between January and June, up 14 percent year on year, according to the Ministry of Commerce.

Services exports neared 1.5 trillion yuan, up 10.7 percent, and services imports jumped 16.4 percent to over 2.1 trillion yuan, resulting in a deficit of 662.9 billion yuan.

Trade in travel-related services skyrocketed 47.7 percent to surpass 961.7 billion yuan, and trade in knowledge-intensive services rose 3.7 percent to more than 1.4 trillion yuan. ]]> http://en.xfafinance.com/html/Economies/Economic_Data/2024/1006053.shtml Xinhua Finance Agency Economic Data Thu, 15 Aug 2024 10:00:21 +0800 http://en.xfafinance.com/html/Economies/Economic_Data/2024/1006053.shtml
BEIJING, Aug. 15 (Xinhua) -- China's fixed-asset investment rose 3.6 percent year on year in the first seven months of 2024, data from the National Bureau of Statistics showed Thursday. ]]> http://en.xfafinance.com/html/Economies/Trade/2024/1007112.shtml Xinhua Finance Agency Trade Mon, 19 Aug 2024 10:55:17 +0800 http://en.xfafinance.com/html/Economies/Trade/2024/1007112.shtml
TAIYUAN, Aug. 19 (Xinhua) -- The total imports and exports of goods in north China's coal-rich Shanxi Province grew 14.7 percent year on year to 101.2 billion yuan (about 14.2 billion U.S. dollars) in the first seven months of 2024, official data showed Saturday.

From January to July, the province's exports grew 12.5 percent to 61.05 billion yuan, while imports rose 18.2 percent to 40.15 billion yuan, according to the customs bureau of Taiyuan, the province's capital city.

During the period, Shanxi's trade with countries participating in the Belt and Road Initiative reached 47.52 billion yuan, marking a 23.6-percent increase and accounting for 47 percent of its total trade volume. Trade with the other Regional Comprehensive Economic Partnership (RCEP) member countries accounted for 32.1 percent of the total.

In terms of export items, mobile phones, rolled steels, solar cell and coal saw significant growth, with year-on-year surges of 10.8 percent, 15.6 percent, 189.6 percent, and 177.4 percent, respectively. ]]> http://en.xfafinance.com/html/Economies/Trade/2024/1004384.shtml Xinhua Finance Agency Trade Wed, 07 Aug 2024 10:17:54 +0800 http://en.xfafinance.com/html/Economies/Trade/2024/1004384.shtml
SHENZHEN, Aug. 7 (Xinhua) -- A total of 96 China-Europe freight trains with a cumulative shipment value of 2.74 billion yuan (about 384.2 million U.S. dollars) departed from Shenzhen in the first half of 2024, a year-on-year increase of 34.2 percent, Shenzhen Customs said on Tuesday.

The trains passed through Russia, Belarus, Poland, Germany, and other European countries and regions, carrying more than 100 types of goods, including electronic products, mechanical equipment and clothing.

"Compared to maritime transport and air transport, China-Europe freight trains are less likely to be affected by nature and have high stability. They are very attractive to companies seeking to deliver products with certain volumes and high requirements for transport timeliness," said Xu Zhenkang, a Shenzhen Customs official.

Shenzhen Customs has diverse export product categories, including such high-value-added and high-tech goods as electronic products and robots, as well as household goods, and machinery and equipment, according to Xu.

Local enterprises have made remarkable achievements in exporting electronic appliances, digital products and other goods from Shenzhen aboard the China-Europe freight trains. Increasing numbers of goods from the Pearl River Delta region, which includes Foshan City and Zhongshan City, have also been sent to Shenzhen so that they can be exported on the freight trains.

"China-Europe freight trains have become an important bridge connecting the Guangdong-Hong Kong-Macao Greater Bay Area with Europe. Since the beginning of this year, we have supported train operators to relaunch a Shenzhen-Budapest route so that enterprises can expand their markets and usher in more opportunities," Xu said.

Data shows that in the first half of 2024, Shenzhen's imports and exports totaled 2.2 trillion yuan, a year-on-year increase of 31.7 percent, which set a record high for the same period and accounted for 10.4 percent of the national total. ]]> http://en.xfafinance.com/html/Economies/Trade/2024/1007638.shtml Xinhua Finance Agency Trade Wed, 21 Aug 2024 16:44:27 +0800 http://en.xfafinance.com/html/Economies/Trade/2024/1007638.shtml
URUMQI, Aug. 21 (Xinhua) -- The total imports and exports of goods in northwest China's Xinjiang Uygur Autonomous Region grew 39.1 percent year on year to 253.3 billion yuan (about 35.5 billion U.S. dollars) in the first seven months of 2024, official data showed Wednesday.

According to the customs of Urumqi, the regional capital, the China (Xinjiang) Pilot Free Trade Zone (FTZ), and the region's integrated bonded areas have continued to be important engines driving Xinjiang's foreign trade.

In the first seven months, the import and export value of the first pilot FTZ in China's northwest border area reached 85.1 billion yuan, accounting for 33.6 percent of Xinjiang's total trade volume. The total import and export value of the four integrated bonded zones -- Kashgar, Horgos, Alataw and Urumqi accounted for 42.9 percent of the trade volume.

During that period, Xinjiang had trade exchanges with 206 countries and regions worldwide. ]]>