China’s Urban Unemployment Rate in 2024 Averaged 5.1%, Exceeding Expectations Despite Seasonal Fluctuations On January 17th, the National Bureau of Statistics of China released its 2024 national urban surveyed unemployment rate, which averaged 5.1%, marking a...
China’s December PMI Reflects Expansion in Manufacturing and Recovery in Non-Manufacturing Sectors According to data released by the National Bureau of Statistics on December 31, China’s Manufacturing Purchasing Managers’ Index (PMI) in December stood at 50.1%,...
China’s CPI Rises 0.2% Year-on-Year in November, Driven by Food Prices In November 2024, China’s national Consumer Price Index (CPI) increased by 0.2% year-on-year, according to data released. Urban and rural areas saw rises of 0.1% and 0.2%, respectively....
South Korean Travelers Flock to China Following Visa-Free Policy According to South Korea’s SBS TV, China’s visa-free policy for South Korean citizens has sparked a surge in weekend travel demand, particularly among young professionals. With the shortest...
China’s Manufacturing PMI Edges Higher in October, Non-Manufacturing PMI Sees Slight Dip According to data released by the National Bureau of Statistics on November 30, China’s Manufacturing Purchasing Managers’ Index (PMI) for October stood at 50.3%, marking a...
Key Economic Indicators Show Rebound in October, According to National Bureau of Statistics On November 15, the National Bureau of Statistics reported a significant rebound in key economic indicators for October, including consumption, services, and trade. The added...