China’s industrial sector is demonstrating a significant rebound, marking a phase of economic stabilization and recovery. This positive trend is reflected in the consistent rise in profits across various industrial firms, as reported by the National Bureau of Statistics (NBS). Accompanying these industrial shifts are strategic adjustments in foreign workforce policies and new initiatives in Beijing’s service sector, further indicating…
China’s economic landscape continues to attract robust foreign investment, offering promising growth opportunities for international companies. State-level economic and technological development zones in China have lured over 30,000 foreign-funded enterprises. These zones, crucial to China’s integration into the global industrial ecosystem, generated a regional GDP of 15 trillion yuan last year. On the other side, a recent survey involving 700…
China’s industrial sector has seen a 7.7% increase in profits in the third quarter of 2023, reversing a decline observed over five previous quarters. According to the National Bureau of Statistics (NBS), this surge suggests an improving economic landscape aided by policy measures. In the first nine months, overall industrial profits dropped by 9%, a decrease that has steadily narrowed…
