Showing 1 to 12 of 12 results
China's Top 500 Service Firms Hit Record Revenue in 2024
China's top 500 service firms achieved record revenue of 51.1 trillion yuan ($7.19 trillion) in 2024, exceeding 100 billion yuan per firm on average, driven by robust domestic demand and government support.
China's Top 500 Service Firms Hit Record Revenue in 2024
China's top 500 service firms achieved record revenue of 51.1 trillion yuan ($7.19 trillion) in 2024, exceeding 100 billion yuan per firm on average, driven by robust domestic demand and government support.
Progress
40% Bias Score
China's Service Sector Expands Despite Manufacturing Contraction
Despite US tariffs, China's service sector PMI rose to 51.1 in May from 50.7 in April, marking 29 months of expansion, driven by macroeconomic policies and a potential trade thaw; however, manufacturing contracted, indicating uneven economic performance.
China's Service Sector Expands Despite Manufacturing Contraction
Despite US tariffs, China's service sector PMI rose to 51.1 in May from 50.7 in April, marking 29 months of expansion, driven by macroeconomic policies and a potential trade thaw; however, manufacturing contracted, indicating uneven economic performance.
Progress
36% Bias Score
China Expands Service Sector Opening with New Pilot Cities
China announced a plan to accelerate its service sector opening, including removing foreign ownership caps and allowing foreign medical professionals to practice, adding nine new pilot cities to the existing eleven, aiming to boost FDI and foster a more competitive market.
China Expands Service Sector Opening with New Pilot Cities
China announced a plan to accelerate its service sector opening, including removing foreign ownership caps and allowing foreign medical professionals to practice, adding nine new pilot cities to the existing eleven, aiming to boost FDI and foster a more competitive market.
Progress
36% Bias Score
China's 2025 Spring Festival: Service Consumption Boom
During China's 2025 Spring Festival, service consumption surged 12.3 percent year-on-year, exceeding goods consumption growth, driven by a record 501 million domestic tourist trips generating 677 billion yuan ($94.4 billion) in spending, along with booming restaurant and movie sales.
China's 2025 Spring Festival: Service Consumption Boom
During China's 2025 Spring Festival, service consumption surged 12.3 percent year-on-year, exceeding goods consumption growth, driven by a record 501 million domestic tourist trips generating 677 billion yuan ($94.4 billion) in spending, along with booming restaurant and movie sales.
Progress
44% Bias Score
China Opens Service Sectors to Macao to Diversify Economy
China's Ministry of Commerce amended the Closer Economic Partnership Arrangement (CEPA) in October 2023, further opening mainland service sectors to Macao businesses in finance, telecommunications, and construction, aiming to diversify Macao's economy and promote regional economic growth.
China Opens Service Sectors to Macao to Diversify Economy
China's Ministry of Commerce amended the Closer Economic Partnership Arrangement (CEPA) in October 2023, further opening mainland service sectors to Macao businesses in finance, telecommunications, and construction, aiming to diversify Macao's economy and promote regional economic growth.
Progress
16% Bias Score
Latin America's Youth Employment Shift: A Looming Crisis in Agriculture and Manufacturing
By 2030, 70% of young Latin Americans will work in services, a 10% increase causing a major decline in agriculture and manufacturing jobs, driven by technological, demographic, and environmental factors, and risking increased job insecurity and urban overcrowding without public policy intervention.
Latin America's Youth Employment Shift: A Looming Crisis in Agriculture and Manufacturing
By 2030, 70% of young Latin Americans will work in services, a 10% increase causing a major decline in agriculture and manufacturing jobs, driven by technological, demographic, and environmental factors, and risking increased job insecurity and urban overcrowding without public policy intervention.
Progress
60% Bias Score
China Launches Loan Subsidy to Boost Service Sector Consumption
China unveils a new loan interest subsidy program for eight service sectors, offering a 1 percent rebate on loans up to 1 million yuan to boost service consumption and meet annual growth targets, with the central government covering 90 percent of the subsidies.
China Launches Loan Subsidy to Boost Service Sector Consumption
China unveils a new loan interest subsidy program for eight service sectors, offering a 1 percent rebate on loans up to 1 million yuan to boost service consumption and meet annual growth targets, with the central government covering 90 percent of the subsidies.
Progress
36% Bias Score
China's Service Sector Expands Despite Manufacturing Contraction
Despite US tariffs impacting exports, China's service sector PMI rose to 51.1 in May from 50.7 in April, driven by aggressive macroeconomic policies and a potential trade truce; however, the manufacturing sector contracted, highlighting the need for domestic demand stimulation.
China's Service Sector Expands Despite Manufacturing Contraction
Despite US tariffs impacting exports, China's service sector PMI rose to 51.1 in May from 50.7 in April, driven by aggressive macroeconomic policies and a potential trade truce; however, the manufacturing sector contracted, highlighting the need for domestic demand stimulation.
Progress
20% Bias Score
China's Service Consumption Surges During 2025 Spring Festival
China's 2025 Spring Festival saw a 12.3 percent year-on-year surge in service consumption, exceeding goods consumption growth, driven by 501 million domestic tourist trips and 677 billion yuan in tourism spending, highlighting a robust consumer market and economic resilience.
China's Service Consumption Surges During 2025 Spring Festival
China's 2025 Spring Festival saw a 12.3 percent year-on-year surge in service consumption, exceeding goods consumption growth, driven by 501 million domestic tourist trips and 677 billion yuan in tourism spending, highlighting a robust consumer market and economic resilience.
Progress
44% Bias Score
China's Service Sector Booms During Lunar New Year
During China's 2025 Lunar New Year holiday, service consumption surged 12.3% year-on-year, exceeding goods consumption growth, driven by 501 million domestic tourist trips and record-breaking entertainment revenue, signaling a robust and evolving consumer market.
China's Service Sector Booms During Lunar New Year
During China's 2025 Lunar New Year holiday, service consumption surged 12.3% year-on-year, exceeding goods consumption growth, driven by 501 million domestic tourist trips and record-breaking entertainment revenue, signaling a robust and evolving consumer market.
Progress
44% Bias Score
China Opens Service Sectors Further to Macao to Diversify Economy
China is opening its service sectors further to Macao, lowering market entry thresholds for Macao businesses in finance, telecommunications, and construction, aiming to diversify Macao's economy and boost regional cooperation under the updated Closer Economic Partnership Arrangement (CEPA).
China Opens Service Sectors Further to Macao to Diversify Economy
China is opening its service sectors further to Macao, lowering market entry thresholds for Macao businesses in finance, telecommunications, and construction, aiming to diversify Macao's economy and boost regional cooperation under the updated Closer Economic Partnership Arrangement (CEPA).
Progress
36% Bias Score
Singapore Job Market Shows Diverging Priorities Between Employers and Job Seekers
Between November 2023 and November 2024, Singapore saw a 127% increase in postings for sales and marketing managers and an over 260% increase in clicks for pet sitter positions, revealing a contrast between employer demand for tech and innovation roles and job seeker interest in accessible service j...
Singapore Job Market Shows Diverging Priorities Between Employers and Job Seekers
Between November 2023 and November 2024, Singapore saw a 127% increase in postings for sales and marketing managers and an over 260% increase in clicks for pet sitter positions, revealing a contrast between employer demand for tech and innovation roles and job seeker interest in accessible service j...
Progress
48% Bias Score
Showing 1 to 12 of 12 results