In the first quarter of 2021, air passenger traffic soared by 37.6% y/ꦯy to 102mn persons, thanks to a jump in demand for domestic transport. The domestic passenger traffic in Q1 2021 surged by 54.1% to 101.6🅷mn persons. The ...

In the first quarter of 2021, China’s re🎃tail sector witnessed a surging popularity of e-commerce and a further digitalisation of the retail industry. Alibaba and its major competitors JD.com ...

Following a rebound in Q3 2020, China’s banking sect🧸or continued to recover in Q4 2020. Despite the continuously expanding balance sheet and increased lending, the net profit that Chinese commercial banks made stood at RMB ♏1.94tn ...

The teﷺlecommunications sector is of fundamental importance to the development of China’s digital economy. Domestic consumpt𓆏ion, for instance, is highly driven by the ‘new retail’ model, which relies on mobile communication ...

The revenue of China’s electronics manufacturing industry, which includes the mobile communications equipment sector, rose by 30% in Q1 2021, according to MIIT. The export val🥃ue during this period increased by 31.1% y/y. At end-March ...

In Q1 2021, China’s chemical sector presented superb performance, significan﷽tly expanding both demand and supply. On the demand side, the sales reꩵvenue of the sector ascended by 39.7% y/y to RMB 1,761bn. Compared to Q1 2019 (before ...

The revenue of China’s beverage sector jumped by 29.1% y/y to RMB 40🎀9bn in Q1 2021, driven by increased sales. Beverage retail sales for the same period surged by 37.8% y/y to RMB 64.4bn. The sector’s total pr🍎ofit reached RMB 76 ...

In Q4 2020, the automotive sector in China continued to improve in terms of production and sales on the back of economic recovery and stronger market demand. The automotive production increased by 8.8% y/y to 8.2mn🃏 units. Output of🍨 ...

Since China initiated 5G technology R&D and standard 🙈formulation in 2013, the landmark national-level policy has been Made in China 2025 issued by the State Council in 2015. 5G technology,🌟 along with integrated circuits ...

In the first quarter of 2021, the sales volume and sales revenue of China’s real estate sector reached ⛦360mn m2 and RMB 3,838bn, which represented y/y increases of 63.8% and 88.5%, respectively. Compared to the first quarter ...