By at least one measure, China now leads the world in producing high-quality science. My research shows that Chinese scholars now publish a larger fraction of the top 1% most cited scientific papers globally than scientists from any other country. I am a policy expert and analyst who studies how governmental investment in science, technology and innovation improves social welfare. …
CNBF Daily Brief 14.2.2023
The majority of capital goods in China posted lower prices in early February 2023 compared with late January. Of the 50 goods monitored by the government, which include seamless steel tubes, gasoline, coal, fertilizer and some agricultural products mainly used for processing, 12 posted higher prices, and 35 saw prices decline, according to the National Bureau of Statistics. The figures …
CNBF Daily Brief 13.2.2023
China’s number of charging infrastructure facilities nearly doubled in 2022, following the country’s commitment to boosting the new energy vehicle (NEV) industry. The cumulative number of charging infrastructure facilities nationwide has hit 5.2 million. Some 650,000 public-charging points for electric vehicles were added last year, bringing the total to 1.8 million units. A total of 1.9 million private charging facilities …
CNBF Daily Brief 12.2.2023
China’s e-commerce logistics activities registered a steady recovery in January as the country optimized its anti-virus response and consumption boomed during the week-long Spring Festival holiday, industry data showed. The index tracking e-commerce logistics activities reached 104.6 points, up 1.8 points from the previous month, bucking the trend of contraction for three consecutive months, according to a survey jointly conducted …
CNBF Daily Brief 11.2.2023
China’s auto import volume fell 6.5% year on year in 2022, with import value slightly down, data from the China Association of Automobile Manufacturers showed. Last year, the number of sedans, SUVs, and minibusses imported into China all posted year-on-year declines. The three types of vehicles accounted for 93.5% of China’s total auto imports. In December, auto import volume fell …