- The world's first floating dynamic positioning global cage type vessel "Zhanjiang Bay No. 1" was successfully launched in Tongzhou Bay Demonstration Zone, Nantong, Jiangsu, marking that China's deep-sea industrial aquaculture has entered a new era of intelligence. The ship has a water body of 80,000 cubic meters and an annual production capacity of 2,000 tons. It integrates marine semi-submersible aquaculture, autonomous navigation and avoidance, green energy supply
- According to TrendForce's latest survey, China's policies have stimulated the overall demand of the PV industry, and module supply is tight, and it is expected that demand will peak slightly in March and April 2025, which may lead to an increase in prices in the industrial chain in the second quarter. At the end of January and the beginning of February 2025, China successively announced the relevant regulations on photovoltaic power generation and new energy electricity prices
- As for how to boost the expectations of private enterprises, Yao Yang believes that the first thing is to "promote the economy", as long as this problem is solved, the confidence of private entrepreneurs can return to 70%. Second, it is necessary to improve profit-seeking law enforcement and solve the problem of arrears in private enterprises. “The reason behind profit-seeking enforcement and defaulting on private enterprises is that local governments are running out of money. This year's two sessions have also taken a big step towards solving this problem, that is
- Ministry of Finance on March 25 news, in February, A total of 41.855 billion yuan of lottery tickets were sold nationwide, an increase of 5.554 billion CNY or 15.3% year-on-year, Mainly because the Spring Festival holiday lottery market was closed and low-based in February last year. Among them, the sales of welfare lottery institutions were 14.832 billion yuan, an increase of 2.2 billion yuan or 17.4% year-on-year; Sports lottery agency sales of 27.023 billion yuan, an increase of 3.354 billion yuan or 14.2% year-on-year. In January and February, a total of 90.374 billion yuan of lottery tickets were sold nationwide, a year-on-year decrease of 3.491 billion yuan, or a decrease of 3.7%. Among them, the sales of welfare lottery institutions were 32.073 billion yuan, a year-on-year decrease of 249 million yuan, or a decrease of 0.8%; Sports lottery agency sales was 58.301 billion yuan, a year-on-year decrease of 3.243 billion yuan, a decrease of 5.3%.
- On March 22, China's oil and gas exploration field ushered in a major breakthrough, and the 100-million-ton proven reserves of Jiyang Shale Oil Emerging Oilfield of Sinopec Shengli Oilfield officially passed the reserve review and filing of the Ministry of Natural Resources of the People's Republic of China. Located in Gaoqing County, Zibo City, Shandong Province, the emerging oilfield Fanyeping 1 block has more than 140 million tons of proven geological reserves of oil in shale formations and 11.3599 million tons of technically recoverable reserves.
- The Ministry of Commerce held a regular press conference, and spokesman He Yongqian introduced China's foreign investment cooperation from January to February this year. From January to February 2025, China's foreign non-financial direct investment was 22.97 billion US dollars, a year-on-year increase of 9.1%. Among them, the non-financial direct investment of Chinese enterprises in the "Belt and Road" countries was 5.52 billion US dollars, a year-on-year increase of 17.6%.
- The Henan Supervision Bureau of the State Administration of Financial Supervision and Administration, together with the Financial Office of the Provincial Party Committee, the Provincial Development and Reform Commission, and the Provincial Department of Commerce, recently jointly issued the "Notice on Doing a Good Job in Financial Support to Expand Consumption"
- National Energy Administration: In February, the electricity consumption of the whole society was 743.4 billion kilowatt hours, a year-on-year increase of 8.6%. In terms of electricity consumption by industry, the electricity consumption of the primary industry was 9.8 billion kWh, a year-on-year increase of 10.2%; the electricity consumption of the secondary industry was 462.4 billion kWh, a year-on-year increase of 12.4%; the electricity consumption of the tertiary industry was 142 billion kWh, a year-on-year increase of 9.7%; The domestic electricity consumption of urban and rural residents was 129.2 billion kWh, a year-on-year decrease of 4.2%.
- From January to February, the average surveyed unemployment rate in urban areas was 5.3 percent. In February, the surveyed urban unemployment rate was 5.4 percent, up 0.2 percentage points from the previous month. The unemployment rate of the local registered labour force survey was 5.6%; The surveyed unemployment rate of the migrant labor force was 5.0%
- In February, the monthly operating rate of the main products of construction machinery was 44.6%, an increase of 12.3 percentage points year-on-year. In March, China's retail sentiment index was 50.2%, up 0.1 percentage points from the previous month. In late February, the average daily crude steel production of key steel enterprises increased by 5.0% month-on-month...... Recent data from a number of high-frequency indicators and leading indicators showed that the "heat" of the economy is rising and the vitality continued to be released. According to expert analysis, in the first quarter of this year
- Recently, the exchange rate of the renminbi against the US dollar has shown a fluctuating upward trend. As of the close of trading on March 12, the onshore yuan rose 0.54% against the US dollar in March, rebounding from near the "7.3" mark to around the "7.2" level. Wang Qing, chief macro analyst of Oriental Jincheng, believes that in recent times, the US dollar and US stocks have fallen sharply
- The Industrial and Commercial Bank of China (ICBC) and the All-China Federation of Industry and Commerce (ACFEDERATION) jointly held the "Financial Assistance to Enterprises, New Quality Improvement" Financial Empowerment of Private Enterprises High-quality Development Promotion Conference in Beijing.
- According to the latest VAT invoice data released by the State Administration of Taxation, from October 2024 to February 2025, the sales revenue of enterprises nationwide increased by 1.1 percentage points compared with the third quarter of 2024. The invoice data reflects the following five highlights of economic operation: First, the manufacturing industry has grown steadily, and the supporting role of equipment manufacturing is strong. Second, the growth momentum of emerging industries is good, and the development of new quality productive forces is accelerating. Third, the equipment renewal has been steadily promoted, and the trade-in of consumer goods has continued to improve. Fourth, ecological and environmental protection services have grown rapidly, and the clean energy industry has developed rapidly. Fifth, inter-provincial trade continues to be unimpeded, and the construction of a unified market is advancing in an orderly manner.
- In February 2025, a total of 54 cities in 31 provinces (autonomous regions and municipalities directly under the central government) and the Xinjiang Production and Construction Corps opened 326 urban rail transit lines, with an operating mileage of 10,975.8 kilometers, 3.3 million trains, 2.40 billion passenger trips, and 1.44 billion station visits.
- According to customs statistics, in the first two months of 2025, the total import and export value of China's trade in goods was 6.54 trillion yuan, a year-on-year decrease of 1.2%. Among them, exports were 3.88 trillion yuan, an increase of 3.4%; imports were 2.66 trillion yuan, down 7.3%.