CNBF Daily Brief 18.2.2023
[cs_content][cs_element_section _id=”1″ ][cs_element_layout_row _id=”2″ ][cs_element_layout_column _id=”3″ ][cs_element_text _id=”4″ ][cs_content_seo]China’s mobile phone shipments drop 22.6% year on year to 272 million in 2022, according to the China Academy of Information and Communications Technology (CAICT). The shipment volume of 5G mobile phones reached 214 million last year, accounting for 78.8% of the country’s total mobile phone shipments. […]
CNBF Daily Brief 17.2.2023
[cs_content][cs_element_section _id=”1″ ][cs_element_layout_row _id=”2″ ][cs_element_layout_column _id=”3″ ][cs_element_text _id=”4″ ][cs_content_seo]The Beijing Stock Exchange (BSE) will officially launch a market-making trading business on its stock market on February 20, 2023. The move was taken to further promote market reform and innovation, improve the market trading system, and enhance market vitality and resilience. As of Friday, February 17, […]
CNBF Daily Brief 16.2.2023
[cs_content][cs_element_section _id=”1″ ][cs_element_layout_row _id=”2″ ][cs_element_layout_column _id=”3″ ][cs_element_text _id=”4″ ][cs_content_seo]China’s banks saw a net forex settlement surplus of 2.5 billion U.S. dollars in January, according to the data from the State Administration of Foreign Exchange (SAFE). Forex purchases by banks totaled 175.3 billion dollars and sales hit 172.8 billion dollars. In January, foreign trade in goods […]
CNBF Daily Brief 15.2.2023
[cs_content][cs_element_section _id=”1″ ][cs_element_layout_row _id=”2″ ][cs_element_layout_column _id=”3″ ][cs_element_text _id=”4″ ][cs_content_seo]The activities of China’s small and medium-sized enterprises (SMEs) picked up in January, as the country’s economy continued to recover steadily, according to the China Association of Small and Medium Enterprises. The Small and Medium Enterprises Development Index, calculated based on a survey of 3,000 SMEs in […]
China now publishes more high-quality science than any other nation
[cs_content][cs_element_section _id=”1″ ][cs_element_layout_row _id=”2″ ][cs_element_layout_column _id=”3″ ][cs_element_text _id=”4″ ][cs_content_seo]By at least one measure, China now leads the world in producing high-quality science. My research shows that Chinese scholars now publish a larger fraction of the top 1% most cited scientific papers globally than scientists from any other country. I am a policy expert and analyst […]
CNBF Daily Brief 14.2.2023
[cs_content][cs_element_section _id=”1″ ][cs_element_layout_row _id=”2″ ][cs_element_layout_column _id=”3″ ][cs_element_text _id=”4″ ][cs_content_seo]The majority of capital goods in China posted lower prices in early February 2023 compared with late January. Of the 50 goods monitored by the government, which include seamless steel tubes, gasoline, coal, fertilizer and some agricultural products mainly used for processing, 12 posted higher prices, and […]
CNBF Daily Brief 13.2.2023
[cs_content][cs_element_section _id=”1″ ][cs_element_layout_row _id=”2″ ][cs_element_layout_column _id=”3″ ][cs_element_text _id=”4″ ][cs_content_seo]China’s number of charging infrastructure facilities nearly doubled in 2022, following the country’s commitment to boosting the new energy vehicle (NEV) industry. The cumulative number of charging infrastructure facilities nationwide has hit 5.2 million. Some 650,000 public-charging points for electric vehicles were added last year, bringing the […]
CNBF Daily Brief 12.2.2023
[cs_content][cs_element_section _id=”1″ ][cs_element_layout_row _id=”2″ ][cs_element_layout_column _id=”3″ ][cs_element_text _id=”4″ ][cs_content_seo]China’s e-commerce logistics activities registered a steady recovery in January as the country optimized its anti-virus response and consumption boomed during the week-long Spring Festival holiday, industry data showed. The index tracking e-commerce logistics activities reached 104.6 points, up 1.8 points from the previous month, bucking the […]
CNBF Daily Brief 11.2.2023
[cs_content][cs_element_section _id=”1″ ][cs_element_layout_row _id=”2″ ][cs_element_layout_column _id=”3″ ][cs_element_text _id=”4″ ][cs_content_seo]China’s auto import volume fell 6.5% year on year in 2022, with import value slightly down, data from the China Association of Automobile Manufacturers showed. Last year, the number of sedans, SUVs, and minibusses imported into China all posted year-on-year declines. The three types of vehicles accounted […]
CNBF Daily Brief 10.2.2023
[cs_content][cs_element_section _id=”1″ ][cs_element_layout_row _id=”2″ ][cs_element_layout_column _id=”3″ ][cs_element_text _id=”4″ ][cs_content_seo]China’s producer price index (PPI), which measures the cost of goods at the factory gate, decreased by 0.8% year on year in January 2023. The decrease expanded by 0.1% from that registered in December. On a monthly basis, China’s PPI edged down 0.4% in January. China’s automobile […]
