China's gross domestic product (GDP) grew 5.4 percent year on year in the first quarter of 2025, data from the National Bureau of Statistics (NBS) showed Wednesday.
Despite tariff challenges, Yiwu International Trade Market in east China is as bustling as usual, with buyers from across the globe busy negotiating prices with vendors and placing orders.
Chinese Commerce Minister Wang Wentao has called for multiple measures to bolster service consumption, amid efforts to spur domestic demand and economic growth.
China on Wednesday unveiled a work plan to boost service consumption in 2025, part of the country's efforts to unleash new drivers of domestic demand and spur economic growth.
China's total goods imports and exports in yuan-denominated terms expanded 1.3 percent year on year in the first quarter of this year, demonstrating stable growth and strong resilience despite external headwinds, official data showed on M...