China Sets Ambitious 2025 Growth Targets Amidst Global Economic Uncertainty
China's provincial "two sessions" meetings set 2025 GDP growth targets around 5 percent or higher, reflecting economic resilience and a focus on high-quality development via domestic consumption, technological innovation, and increased opening up to foreign investment.
China Sets Ambitious 2025 Growth Targets Amidst Global Economic Uncertainty
China's provincial "two sessions" meetings set 2025 GDP growth targets around 5 percent or higher, reflecting economic resilience and a focus on high-quality development via domestic consumption, technological innovation, and increased opening up to foreign investment.
Progress
48% Bias Score
China's Spring Festival Travel Rush Exceeds 1 Billion Trips, Fueling Consumption
China's 2024 Spring Festival travel rush (chunyun) has surpassed 1 billion passenger trips by January 22nd, driven by road travel (nearly 80%), with rail travel exceeding 12 million trips daily and over 214 million tickets sold via the official app; this unprecedented migration, expected to reach 2 ...
China's Spring Festival Travel Rush Exceeds 1 Billion Trips, Fueling Consumption
China's 2024 Spring Festival travel rush (chunyun) has surpassed 1 billion passenger trips by January 22nd, driven by road travel (nearly 80%), with rail travel exceeding 12 million trips daily and over 214 million tickets sold via the official app; this unprecedented migration, expected to reach 2 ...
Progress
28% Bias Score
China's Economy Slows to 5% Growth in 2024
China's 2024 economic growth slowed to 5%, its weakest pace in three decades (excluding Covid), despite record exports, due to a persistent real estate crisis, weak domestic consumption, and trade tensions; the government plans further stimulus measures in 2025.
China's Economy Slows to 5% Growth in 2024
China's 2024 economic growth slowed to 5%, its weakest pace in three decades (excluding Covid), despite record exports, due to a persistent real estate crisis, weak domestic consumption, and trade tensions; the government plans further stimulus measures in 2025.
Progress
44% Bias Score
China's Debut Economy: A Driver of Consumption and Innovation
China's debut economy, a consumption model using exclusive product launches to drive sales, is rapidly expanding due to shifting consumer preferences and technological advancements, aligning with government efforts to boost domestic demand and high-quality development.
China's Debut Economy: A Driver of Consumption and Innovation
China's debut economy, a consumption model using exclusive product launches to drive sales, is rapidly expanding due to shifting consumer preferences and technological advancements, aligning with government efforts to boost domestic demand and high-quality development.
Progress
48% Bias Score
High Eurozone Savings Hamper Economic Recovery
Eurozone households saved 15.7% of their disposable income in Q2 2024, significantly higher than pre-pandemic levels (12-13%), hindering consumption and economic growth due to inflation's impact on wealth and uncertainty from the Ukraine war.
High Eurozone Savings Hamper Economic Recovery
Eurozone households saved 15.7% of their disposable income in Q2 2024, significantly higher than pre-pandemic levels (12-13%), hindering consumption and economic growth due to inflation's impact on wealth and uncertainty from the Ukraine war.
Progress
36% Bias Score
Chinese Provinces Launch Economic Stimulus Plans for 2025
Multiple Chinese provinces, including Fujian, Chongqing, and Henan, announced plans for a strong start to 2025's first quarter, allocating millions of yuan to boost consumption and investment through initiatives like food and car purchase subsidies and consumer bonds, aligning with central governmen...
Chinese Provinces Launch Economic Stimulus Plans for 2025
Multiple Chinese provinces, including Fujian, Chongqing, and Henan, announced plans for a strong start to 2025's first quarter, allocating millions of yuan to boost consumption and investment through initiatives like food and car purchase subsidies and consumer bonds, aligning with central governmen...
Progress
24% Bias Score
China's Steel Industry: Navigating Decline Amidst Continued Global Dominance
China is expected to remain the world's largest steel producer and consumer in 2025, driven by increased demand from new energy vehicles, household appliances, and shipbuilding, despite a projected overall decrease in demand; however, the decline is expected to slow. The country is facing challenges...
China's Steel Industry: Navigating Decline Amidst Continued Global Dominance
China is expected to remain the world's largest steel producer and consumer in 2025, driven by increased demand from new energy vehicles, household appliances, and shipbuilding, despite a projected overall decrease in demand; however, the decline is expected to slow. The country is facing challenges...
Progress
32% Bias Score
China's Chunyun Surpasses One Billion Trips, Boosting Consumption
China's 40-day Spring Festival travel rush (Chunyun) has surpassed one billion trips, with road travel comprising nearly 80%, while the 2025 Chunyun is projected to reach nine billion trips, stimulating consumption across various sectors.
China's Chunyun Surpasses One Billion Trips, Boosting Consumption
China's 40-day Spring Festival travel rush (Chunyun) has surpassed one billion trips, with road travel comprising nearly 80%, while the 2025 Chunyun is projected to reach nine billion trips, stimulating consumption across various sectors.
Progress
44% Bias Score
China's Booming Debut Economy: A Driver of Consumption and Economic Growth
China's debut economy, a consumption model emphasizing first-time product launches, is booming due to evolving consumer preferences and technological advancements, aligning with government policy to boost domestic demand and driving economic growth.
China's Booming Debut Economy: A Driver of Consumption and Economic Growth
China's debut economy, a consumption model emphasizing first-time product launches, is booming due to evolving consumer preferences and technological advancements, aligning with government policy to boost domestic demand and driving economic growth.
Progress
48% Bias Score
Beijing Unveils 51 Measures for Strong 2025 Economic Start
Beijing announced six major initiatives and 51 measures to boost its economy in 2025, including streamlining business processes, enhancing public services, and launching a new trade-in policy for consumer goods, aiming for a strong start in the first quarter.
Beijing Unveils 51 Measures for Strong 2025 Economic Start
Beijing announced six major initiatives and 51 measures to boost its economy in 2025, including streamlining business processes, enhancing public services, and launching a new trade-in policy for consumer goods, aiming for a strong start in the first quarter.
Progress
48% Bias Score
China Doubles Funding for Economic Stimulus Program
To counter economic headwinds, China is significantly expanding its equipment upgrade and consumer goods trade-in program in 2025, allocating 300 billion yuan (double the 2024 amount) to boost domestic demand and support its modernization goals.
China Doubles Funding for Economic Stimulus Program
To counter economic headwinds, China is significantly expanding its equipment upgrade and consumer goods trade-in program in 2025, allocating 300 billion yuan (double the 2024 amount) to boost domestic demand and support its modernization goals.
Progress
40% Bias Score
China's 2024 Travel Boom: Record Rail and Air Passenger Numbers Signal Economic Strength
In 2024, China saw record-breaking rail (4.08 billion trips, +10.8%) and air (730 million trips, +18%) travel fueled by strong economic activity and increased consumer spending, particularly in domestic tourism (4.24 billion trips, +15.3%).
China's 2024 Travel Boom: Record Rail and Air Passenger Numbers Signal Economic Strength
In 2024, China saw record-breaking rail (4.08 billion trips, +10.8%) and air (730 million trips, +18%) travel fueled by strong economic activity and increased consumer spending, particularly in domestic tourism (4.24 billion trips, +15.3%).
Progress
40% Bias Score