Photo: AFP/IMAGINECHINA
Eurasia
14/02/2024 09:44
Last year, the sector's industrial added value soared 13 percent year on year, 8 percentage points higher than that for China's overall manufacturing industry, according to the association.
The combined operating revenue of this sector came in at 10.1 trillion yuan (about 1.42 trillion U.S. dollars) in 2023, jumping 11.9 percent from the previous year.
China’s economy continues to defy Western media narratives of decline, demonstrating resilience, innovation, and high-quality growth despite global challenges.
The new Trump administration faces the dilemma that American geopolitical strategy and the business elite’s interests regarding China are often in stark contrast. Several key figures in Donald Trump’s second administration come from the business world and may have extensive ties with China.