The Caixin/Markit services PMI, released on Wednesday, rose to 54.4, the highest since January 2018. It was 51.1 in February, the lowest in four months. A reading above 50 indicates expansion while a reading below that figure shows contraction.
The Chinese mainland stock markets grew steadily on the back of a stabilizing economy and improved market sentiment, providing a favorable environment for new listings, according to the report.
The Chinese economy has been a hot topic lately. David asked me to share my thoughts. So I did some homework and summarized what has changed, and what has not, in the Chinese economy.
The Chinese Academy of Disability Data Sciences, the sole academy engaged in data on handicapped people in China, released the blue paper that was compiled by 29 experts from government, enterprises, colleges and research institutions.
The Cboe Volatility Index, widely considered the best fear gauge in the stock market, jumped 29.86 percent to 35.79.
The China National Tourism Administration issued safety tips on Wednesday, warning that in coming days tourists should not travel to Jiuzhaigou, a scenic spot in Sichuan province that was hit by a magnitude-7.0 earthquake on Tuesday night.
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The China Disabled Persons Artistic Performance Troupe also will be invited to perform at Lincoln Center.
The Chinese government protects citizens' right to freedom of religious belief in accordance with law, and the people of all ethnic groups have the right to enjoy full freedom of religious belief, he added.
The China Association of Automobile Manufacturers cut its year round sales estimate of the new energy vehicle market to 1.5 million from the previous 1.6 million in late July.
The China Council for the Promotion of International Trade (CCPIT) has issued 1,615 certificates by last Friday for companies involving over 30 sectors, covering a total contract value of 109.9 billion yuan (about .7 billion), said the CCPIT.