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Both of these factors pose a risk to global trade going forward. World industrial production volumes increased by 1.3% in Q3 of 2022 after decreasing by 1.6% in the previous quarter. Despite challenges and real estate weakness, China's production rebounded, increasing 3.4% in Q3 after contracting 6.8% in Q2.
Data through June 30 2022. Even though new infections in China are still low compared with the global standard, the Omicron outbreak had a significant impact on the economy. There were 63 cities containing one or more medium- or high-risk areas in April, representing about 28.9% of China’s population or 35.6% of GDP.
Oct 27, 2022 · China’s largest trade partner in the third quarter of 2022 remained the ASEAN region, which accounted for 15.1 percent of all imports and exports between January and September. China’s trade surplus with this region has also expanded by 93.4 percent during this time, reaching RMB 753.6 billion (US$104.5 billion).
Oct 25, 2022 · According to the relevant basic data and the method of national economic accounting, the main results of the preliminary accounting of China's GDP in the third quarter of 2022 (hereinafter referred to as GDP) are as follows: Preliminary Accounting Results of GDP for the Third Quarter of 2022. Absolute Value.
Dec 16, 2023 · As growth rates of industrial production have recently changed more strongly, this article follows their quarterly and monthly course. Update February 1st, 2024 - The diagram shows the growth rates since November 2022. They move in a range from 1.3% to +6.6%. These are rates adjusted for prices, i.e. real growth rates and declines.
The total aggregate financing to the real economy (AFRE) increased by 27.77 tn yuan in the first three quarters, 3.01 tn yuan more than the same period last year. In the first three quarters, fiscal revenue dropped by 6.6% YoY to 15.32 tn yuan, as a result of slower growth caused by renewed COVID-19 outbreaks, according to the Ministry of Finance.
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OPINIONS. China's consumption market saw steady recovery in the first three quarters, with online sales driving growth and providing momentum. China's industrial output grew 6.3 percent year-on-year in September, showcasing a strong recovery momentum.
