World Bank Group President David Malpass announced on Wednesday the lender has raised its global growth forecast for 2023 to 2 percent from 1.7 percent in January due to China's recovery.According to Reuters, Malpass attributed the upward revision to an improved outlook after China adjusted its COVI Read More

The growth in core CPI, which excludes volatile food and energy prices and is deemed a better gauge of the supply-demand relationship in the economy, rose by 0.7 percent year-on-year in March, up from a rise of 0.6 percent in February.Dong Lijuan, an NBS statistician, said the consumer inflation eas Read More

China's consumer inflation eased in March to an 18-month low, while its factory-gate prices showed an annual fall for a sixth month, official data showed on Tuesday.China's consumer price index, a main gauge of inflation, climbed 0.7 percent from a year earlier in March, down from 1 percent in Febru Read More

China's artificial intelligence (AI) market value is expected to reach 26.44 billion U.S. dollars in 2026, an industry report showed. The spending of the country's AI market is forecast to hit 14.75 billion dollars in 2023, accounting for about 10 percent of the world total, said a report from globa Read More

China's small and medium-sized enterprises (SMEs) registered a further increase in their activities in the first quarter (Q1) of this year as the country's economy continues its robust recovery, industrial data showed Sunday. The Small and Medium Enterprises Development Index, based on a survey of 3 Read More

On March 31, 2023, the Ministry of Commerce and Industry of India announced that it would launch an anti-dumping investigation into sodium cyanide (NaCN) originating from or imported from China, the European Union, Japan and South Korea on the application of Hindusthan Chemical Company and United Ph Read More