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China's industrial output records acceleration in growth in April

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China's industrial output records acceleration in growth in April

2024-05-18 19:37 Last Updated At:20:27

China's industrial output witnessed a notable acceleration in growth in April due to the continued implementation of macroeconomic policies and a significant boost in export activities.

The industrial output in April increased by 0.97 percent from the previous month, marking one of the highest monthly growth rates in recent years, data of the National Bureau of Statistics showed on Friday.

All three major industrial sectors experienced a rebound in growth rates in April. The total value added of the mining industry grew by 2 percent, up 1.8 percentage points from the previous month. The total value added of the manufacturing sector grew by 7.5 percent, up 2.4 percentage points from the previous month, while the total value added of the production and supply of electricity, heat, gas, and water grew by 5.8 percent, up 0.9 percentage points from the previous month, according to officials from the National Bureau of Statistics.

Meanwhile, the equipment manufacturing industry showed significant signs of recovery in April, with the total value added of the industrial enterprises above the designated size reporting a 9.9 percent year-on-year increase, up 3.9 percentage points compared to the previous month.

Among them, the total value added of the automobile manufacturing sector reported a growth of 16.3 percent, and the total value added of the computer, communication, and other electronic equipment manufacturing industry recorded a growth of 15.6 percent. In addition, the consumer goods manufacturing industry also continued its recovery momentum in April which posted a 4.8 percent year-on-year increase, 1.7 percentage points faster than the previous month.

"Looking ahead, large-scale equipment upgrades in the industrial sector and the policies for consumer goods trade-ins are expected to expand market opportunities. In addition, the rapid development of information technology, digital technology, intelligent technology and green technology is set to further foster new growth drivers and strengthen the momentum of industrial development," said Liu Aihua, a spokeswoman of the National Bureau of Statistics.

China's industrial output records acceleration in growth in April

China's industrial output records acceleration in growth in April

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Vanuatu's PM commends China's cultural preservation, innovation amid fast growth

2024-07-27 02:52 Last Updated At:05:17

On his second official visit to China, Prime Minister of the Republic of Vanuatu Charlot Salwai expressed admiration for China's remarkable ability to balance preserving its cultural heritage with embracing innovative transformation.

Salwai paid an official visit to China from July 7 to 12. During his trip, he toured the southern province of Guangdong and explored the megacities of Beijing and Shanghai. His visit included tours of high-tech companies, a ride on a high-speed train, and a performance of traditional Cantonese opera.

In an interview with China Central Television Network (CCTV) aired on Friday, Salwai recounted his journey starting with a warm welcome that included enjoying Beijing Roast Duck, also known as Peking Duck -- a culinary delight introduced to him by the Chinese ambassador in Vanuatu.

"Many had to say. Peking Duck. Because we had it here on our arrival, so it was very tasty. And I understand that the Chinese ambassador in Vanuatu brought us to one of the traditional restaurants, small but beautiful," he said. The prime minister sees China's preservation of its culture as a vital lesson in understanding one's roots and the journey to the present day, acknowledging China's efforts to integrate cultural preservation with modernization.

"It's going to be my second official visit to China. I'm always impressed to see big changes and especially innovations made by China and especially the cities. Because a big impression is to see how China continues to maintain and keep its culture. Because I think it's the basis of everything -- to know where you come from and to understand where we are today. I feel that China is doing a lot to maintain its culture, but at the same time, doing, innovating to transform its culture,” Salwai said.

He also emphasized the importance of learning from China's sustainable development strategies.

"Today, it comes from a long way, some hardship, the government, and also the people of China. So, I'm impressed to see what is done, especially how China associates infrastructure development with nature. That's meant to keep, continue to keep the environment. It takes effort with the climate change by maintaining the ecosystem. I think it's something that, for a small country like Vanuatu, is important to learn. So, we are here. I'm here with my delegation to learn," Salwai said.

Vanuatu's PM commends China's cultural preservation, innovation amid fast growth

Vanuatu's PM commends China's cultural preservation, innovation amid fast growth

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