• Around China September 4, 2020

    Despite floods, casualties half 5-year average

    China's flood-related casualties this year are almost half the average of the past five years, despite the wider impact of flooding on people's lives and the economy amid a grim flood control situation, according to the Ministry of Emergency Management.

  • Economy September 3, 2020

    China's trade in knowledge-intensive services rises amid pandemic

    From January to July, China's trade in knowledge-intensive services bucked the trend of an overall slowdown in trade of services amid the COVID19 pandemic, achieving an 8.9% year-on-year increase to reach a total of 1.15 trillion yuan (about US$170 billion), according to the Ministry of Commerce.

  • Economy September 2, 2020

    Chinese executives: Innovation is the key to entrepreneurship

    Four Chinese executives from state-owned and private enterprises gathered Wednesday at an SCIO group interview to talk about entrepreneurship, and said innovation is the key to the development of enterprises.

  • Economy September 2, 2020

    Chinese executive: Investing in other countries is mutually beneficial

    Liu Yonghao, chairman of New Hope Group, said that he hopes globalization does not stop amid the current international situation, and that he believes international business is for mutual benefit.

  • Economy September 2, 2020

    Top executive: Chinese firms want opening-up, free trade and free investment most

    Ning Gaoning, chairman of Sinochem Group and of ChemChina, said Chinese firms endorse opening-up and free trade, and that he hopes the cause of globalization does not stop amid the complicated international situation.

  • Society August 31, 2020

    Consumers enlisted to beat poverty

    Domestic consumer spending, an increasingly strong engine for China's economic growth, is expected to help boost rural income and contribute to the country's historic victory over absolute poverty by the end of the year.

  • Around China August 28, 2020

    China plans pro-consumption campaign to aid poverty alleviation

    China will launch nationwide pro-consumption projects in September to boost sales of products from poor areas in an effort to promote poverty alleviation, the country's poverty relief authority said Friday.

  • Around China August 28, 2020

    China to allocate US$14.48B for post-disaster recovery

    China has ramped up its efforts to prevent heavy floods from hampering the anti-poverty campaign, an official said at an SCIO press conference on Friday.

  • Around China August 28, 2020

    Consumption-driven poverty alleviation campaign to start in September

    Co-organized by 11 ministries and organizations, a nationwide month-long campaign dedicated to consumption-driven poverty alleviation will kick off in September, said Hong Tianyun, deputy director of the State Council Leading Group Office of Poverty Alleviation and Development, at Friday's SCIO press conference.

  • Around China August 26, 2020

    China issues 1 trillion yuan of bonds for COVID-19 control

    By July 30, China had finished the task of issuing 1 trillion yuan (US$145 billion) of special government bonds for COVID-19 control this year, according to a press briefing on Wednesday.

  • Economy August 26, 2020

    China allocates funds to directly benefit people and businesses

    By mid-August, the central government had allocated 1.674 trillion yuan for COVID-19 prevention and control, subsidizing market entities, stabilizing employment, ensuring normal operations of primary-level governments, and the construction of major projects, according to a press briefing on Wednesday.

  • Economy August 26, 2020

    China to advance orderly opening-up of financial sector: Official

    China will resolutely push forward the opening-up of the financial sector in an orderly manner as it is a rational choice in line with the needs of development, an official with the central bank said on Tuesday.

  • Economy August 25, 2020

    China to further ease burden on market entities

    From January to July, China's financial institutions eased the burden on market entities by over 870 billion yuan (US$125.9 billion). The amount is expected to reach around 1.5 trillion yuan for the entire year, according to a press briefing on Tuesday.

  • Around China August 21, 2020

    China increases funding for building water supply facilities

    Nearly 30 billion yuan (US$4.34 billion) of government funding has been allocated to the construction of water supply facilities in rural areas during the 13th Five-Year Plan period (2016-2020), according to an official of the Ministry of Water Resources.

  • Around China August 21, 2020

    80% of China's rural population have access to tap water

    More than 80% of China's rural population had gained access to tap water by the end of this June, said Tian Xuebin, vice minister of water resources, at Friday's SCIO press conference.

  • Society August 21, 2020

    Safe drinking water for all poor people in China

    All impoverished residents had gained access to safe drinking water in China by the end of this June, said Tian Xuebin, vice minister of water resources, at Friday's SCIO press conference.

  • Economy August 14, 2020

    NBS spokesperson: China-US ties impact both economies

    National Bureau of Statistics spokesperson Fu Linghui said China and the U.S. will benefit from cooperation and lose from confrontation.

  • Economy August 14, 2020

    China's foreign trade up 6.5% in July

    China's foreign trade rose 6.5% year on year in July. Specifically, export increased by 10.4%, marking four consecutive months of growth, said Fu Linghui, spokesperson of the National Bureau of Statistics, at Friday's SCIO briefing.

  • Economy August 14, 2020

    A look at China's economic performance in July

    In July, the Chinese economy continued to recover amid the pandemic. Here are some major economic data.

  • Economy August 14, 2020

    China's economy steadily recovers amid pandemic

    China's economy is steadily recovering as major economic indicators continued to pick up in July, the National Bureau of Statistics (NBS) announced on Friday.

  • Economy August 14, 2020

    China's retail sales up 0.85% in July

    China's retail sales of consumer goods, a major indicator of consumption growth, rose 0.85 percent month on month in July, the National Bureau of Statistics said Friday.

  • Economy August 14, 2020

    China's fixed-asset investment decline narrows

    China's fixed-asset investment (FAI) went down 1.6 percent year on year during the January-July period, narrowing from the 3.1-percent decline in the first half of the year, official data showed Friday.

  • Economy August 14, 2020

    China's surveyed unemployment rate flat in July

    China's surveyed unemployment rate in urban areas stood at 5.7 percent in July, remaining flat with that of June, data from the National Bureau of Statistics (NBS) showed Friday.

  • Economy August 14, 2020

    China's industrial output up 4.8% in July

    China's value-added industrial output, an important economic indicator, continued to recover as factories stepped up production amid effective COVID-19 control, official data showed Friday.

  • Around China August 13, 2020

    4 million people in flood-stricken areas relocated

    ​ We have relocated over 4 million affected people in flood-stricken areas across China, the most in recent years, said Zhou Xuewen, deputy minister of emergency management, at Thursday's SCIO conference.

  • Around China August 13, 2020

    Three Gorges project mitigates Yangtze flood

    The Three Gorges Dam and over 30 upstream reservoirs have eased flood prevention pressure in the Yangtze River's downstream areas, effectively stopping 30 billion cubic meters of floodwater.

  • Around China August 13, 2020

    Isolated village builds road to prosperity

    ​Thanks to its aspiration and determination of building a road on a cliff, Dianziping village, a poverty-stricken village located in the mountains of central China's Hubei province, has blazed a new path to prosperity. The convenient transportation and beautiful scenery increased the popularity of the village and spurred a boom in businesses including rural homestays and local specialty sales.

  • Around China August 11, 2020

    China endeavors to eradicate poverty in last 52 poor counties

    China has taken various approaches and established working mechanisms to solve difficult problems for the nation's remaining impoverished areas.

  • Around China August 11, 2020

    Jobs for rural workers a top priority, official says

    A top anti-poverty official said on Monday that employment of rural workers has been made a top priority as China races to meet its goal of eliminating rural poverty by the end of the year.

  • Society August 10, 2020

    Major poverty alleviation tasks resolved in last 52 poor counties

    All the remaining 52 poor counties in China have resolved issues concerning safe drinking water, secure housing, compulsory education, and medical care, an official told an SCIO press conference on Monday.

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