China's economy grows 5.5% in H1
7.17.2023, 2:32:31 PM
72

7.17.2023, 2:32:31 PM
72
China's economy grows 5.5% in H1
China's GDP grew by 5.5 percent year-on-year in the first half of the year to 59.3 trillion yuan ($8.3 trillion), posting a steady economic rebound, the National Bureau of Statistics said on Monday.
In the second quarter, the economy rose by 6.3 percent compared with a year earlier, up from 4.5 percent in the first quarter of the year. On a quarter-on-quarter basis, China's GDP increased by 0.8 percent in the second quarter of the year, the NBS said.
Figures released by the NBS showed China's value-added industrial output, a gauge of activity in the manufacturing, mining and utilities sectors, grew by 4.4 percent in June from a year earlier after a 3.5 percent rise in May.
In the first half of the year, value-added industrial output grew by 3.8 percent compared to the same period last year, while in the first quarter, it rose by 3 percent from a year earlier.
Source: China Daily
Next
Sino trade volumes soar with Middle East, Africa
Sino trade volumes soar with Middle East, Africa



Precise Insights into Parenting Anxiety! These 4 Toy Categories Become New Favorites Among Gen Z Parents
As consumer demands evolve and parenting concepts iterate, toy products continue to innovate. In 2025, the infant toy market welcomes a new wave of innovation, spanning sensory training to social enlightenment, and role-playing to cognitive development. Global toy brands are competing for user mindshare through differentiated designs. This article analyzes 15 new infant toys recommended by ToyInsider across four core categories, offering fresh perspectives for product R&D.

Pop Mart's Growth Strategy to Reach 20 Billion RMB in Revenue: The Globalization of Trendy Toy Brands 3.0
Recently, Pop Mart announced its 2024 full-year financial results, with a record-breaking revenue of 13.04 billion RMB, a year-on-year growth of 106.9%, and a net profit of 3.4 billion RMB, marking an astonishing 185.9% increase. Behind these impressive figures lies not only the rise of a trendy toy company but also the evolution of the entire industry. This article delves into Pop Mart's growth logic, analyzing their strategic layout, IP management, channel innovation, and globalization breakthroughs to provide valuable insights for other toy companies.

Earth Day: 20 Eco-Friendly and Nature-Themed Toys Reveal Emerging Industry Trends
On April 22, 2025, the 56th annual Earth Day arrives as a pivotal moment for the toy industry, which is increasingly embracing sustainability. As global environmental awareness deepens, the toy sector is accelerating efforts to build a green industry ecosystem centered on sustainable development. This shift provides families with playful options that are both engaging and environmentally responsible.?

Building Block Toys Maintain Strong Growth Trajectory in Global Market
Building block toys have experienced five consecutive years of growth in the global toy market, with a notable 14% surge in sales in 2024.