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.
The economies of the Middle East and Central Asia are expected to expand by about 4 percent in 2025, the International Monetary Fund (IMF) announced recently, highlighting the region’s resilience amid global economic uncertainty and persistent geopolitical tensions.
The modern global economy is undergoing profound transformation. Global competition for markets is intensifying, logistics routes are shifting, and new centers of growth are emerging. Against this backdrop, risks and uncertainties are increasing, which requires flexibility and coordinated action from countries.