News list for " consumption"
On January 9, data from the National Bureau of Statistics showed that in December 2024, the national consumer price rose by 0.1% year-on-year. Among them, urban prices rose by 0.1%, while rural prices were flat; food prices fell by 0.5%, non-food prices rose by 0.2%; consumer prices fell by 0.2%, and service prices rose by 0.5%.
On December 12, at the Central Economic Work Conference, General Secretary Xi Jinping summarized the economic work in 2024, analyzed the current economic situation, and deployed the economic work in 2025. In an interview, Minister of Commerce Wang Wentao said: In his speech, the General Secretary mentioned some content related to business work many times. For example, expanding consumption, stabilizing foreign investment, and stabilizing foreign trade. The Ministry of Commerce will combine the s...
On December 12th, according to CCTV news broadcast, the Central Economic Work Conference was held in Beijing from December 11th to 12th. The meeting determined that the following key tasks should be grasped next year. First, we should vigorously boost consumption, improve investment efficiency, and expand domestic demand in an all-round way. Implement special actions to boost consumption projects, strengthen the implementation of the "two new" policy, strengthen support for "two new" projects, s...
On December 10th, the three major indexes collectively opened higher in early trading today and maintained their volatility. As of the noon close, the Shanghai index rose by 1.58%, the Shenzhen Composite Index rose by 2.08%, and the growth enterprises market index rose by 2.21%. On the disk, the plate generally rose, the concept of PEEK materials continued to strengthen, and Xinhan New Materials, China Research Co., Ltd. and other 2-connected boards; the concept of humanoid robots was active, an...
On December 9th, the meeting pointed out that next year, we must vigorously boost consumption, improve investment efficiency, and expand domestic demand in an all-round way. We must lead the development of new quality productive forces with scientific and technological innovation, and build a modern industrial system. We must give play to the traction role of economic system reform and promote the implementation of landmark reform measures. We must expand high-level opening up, stabilize foreign...
The US personal consumption expenditure data released yesterday was in line with expectations. The market is optimistic about the prospect of the Federal Reserve's interest rate cut in December. Gold prices rose slightly in early Asian trade. The overall market performance was sluggish overnight during the US Thanksgiving holiday, with commodities markets now forecasting a 70% chance of a 25 basis point rate cut in December, up from 56% a week ago, ANZ research analysts said in a research note. ...
On November 18th, in order to better meet the rigid and improved housing needs of residents, the city has cancelled the standard of ordinary housing and non-ordinary housing, and the tax matters related to individual housing transactions are as follows: 1. If the original value certificate of the housing is not provided for the transfer of housing by individuals, and the original value of the housing and the tax payable cannot be correctly calculated, the personal income tax shall be assessed an...
National Bureau of Statistics: In October 2024, the national consumer price rose by 0.3% year-on-year. On average from January to October, the national consumer price rose by 0.3% compared with the same period last year.
On November 7th, today's three major indices opened lower and went higher. As of the close, the Shanghai index rose by 2.57%, the Shenzhen stock index rose by 2.44%, and the growth enterprises market index rose by 3.75%; the North Composite 50 index rose by 3.39%. On the disk, the sector rose generally, large financial stocks rose sharply, insurance and securities sectors led the rise, and many stocks such as CITIC Securities, CITIC Construction Investment, China Life, and Xinhua Insurance rose ...
The U.S. economy grew strongly in the third quarter, with households and businesses "standing tall" in the face of global headwinds and uncertainty ahead of the November election. Preliminary U.S. data released on Wednesday showed that U.S. real GDP rose 2.8 percent in the third quarter at an annualized quarterly rate, following a 3 percent increase in the previous quarter. Consumer spending, which accounts for the largest share of economic activity, rose 3.7 percent, the largest increase since ...
Greene, a member of the Bank of England, said that the risk of weak consumption is that inflation may be below target, so it is necessary to cut interest rates more quickly. GBP/USD was short-term lower by 14 points.
National Bureau of Statistics: In September 2024, the national consumer price rose by 0.4% year-on-year. On average from January to September, the national consumer price rose by 0.3% compared with the same period last year.
Gold Ten Futures September 25th news, steel prices fell sharply in the third quarter, the main factors of the decline is the loose supply, the old national standard stampede out of the warehouse and the export trade volume is low. At the beginning of the third quarter, steel mills produced high molten iron, has shown a trend of loose supply. Superimposed in August to switch the new standard, the market for the circulation of the old national standard rebar is worried, in the risk-averse mentalit...
On the supply side, the price difference between standard fertilizers has tightened. The second breed is more active in slaughter, and the willingness to make up for slaughter is not strong. In the medium and long term, with the slaughter of farmers in the fourth quarter, the price of live pigs will have a trend of correction, but the range is relatively limited, and the supply is still relatively loose. On the demand side, with the arrival of the National Day, consumer demand is expected to imp...
U.S. Treasury Secretary Janet Yellen said all indicators point to solid consumer spending and business investment; the job market is no longer seen as a source of inflationary pressure.
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