ECONOMIC AFFAIRSAsia News Network

China’s PMI maintains uptrend in February

The official purchasing managers index for China's manufacturing sector has stayed in the expansion territory for 4 months in a row.

Food producers have welcomed the news and are keen to regain a slice of the Taiwan market and expand their sales channels.

The value-added output of the manufacturing sector in 2021 increased 9.8 percent year-on-year to 31.4 trillion yuan

Experts expect the 2022 GDP growth target at be set at around 5.5% when leaders convene for the annual "two sessions" in March.

According to initial estimates, profits from these high-tech zones totaled 4.2 trillion yuan, a year-on-year increase of about 17 percent.

The move aims to keep month-end liquidity in the banking system stable, the central bank said.

At current temperatures, the global economy is losing US$280 to US$311 billion per year due to heat-related productivity losses.

The crisis in Eastern Europe is by no means over and markets will remain extremely volatile this week.

The province targets 3.5 million visitors, including 455,000 foreigners, and US$127.1 million worth of tourism revenue in 2025.

The BOK said that that consumer price inflation has recently remained high in the mid- to upper-3 percent range.