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China sees 19% of cross-border trade in goods settled in RMB in 2022
In 2022, 19% of China's cross-border #trade in goods was settled in RMB, 2.2 percentage points higher than 2021, an official of the People's Bank of China said at a press conference Sunday.
April 24, 2023 -
China willing, capable of joining CPTPP, senior official says
China has both the willingness and capability to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and has been studying the terms, costs and benefits of joining the pact, said Wang Shouwen, vice-minister of commerce.
April 24, 2023 -
Measures set to strengthen foreign trade
China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday.
April 24, 2023 -
China continues government-subsidized student loan policy
China has continued waiving interest payments and granting extensions on government-subsidized student loans to ease the students' financial burden and employment pressure, according to the Ministry of Finance on Friday.
April 23, 2023 -
China's NEV market sustains rapid growth in Q1
In the first quarter of 2023, China produced 1.65 million new energy vehicles (NEVs) and sold 1.59 million units, up 27.7% and 26.2% year on year, respectively, said an official from the Ministry of Industry and Information Technology at a press conference Thursday.
April 23, 2023 -
China's telecom industry expands steadily in Q1
China's telecommunication industry logged a steady expansion in the first quarter of this year, with a strong expansion of emerging businesses and new infrastructure, official data shows.
April 23, 2023 -
China to waive over 2.3B yuan in student loan interest in 2023
China will exempt 2.325 billion yuan (about 338 million U.S. dollars) of interest on state-subsidized student loans as part of an effort to ease financial and job-hunting pressures on college graduates, an official said Friday.
April 23, 2023 -
China's foreign exchange market off to good start
China's foreign exchange market got off to a good start in the first quarter of 2023, with a stable exchange rate of the renminbi, steady market expectations, and balanced supply and demand, an official said Friday.
April 23, 2023 -
China's industrial output up 3% in Q1
In the first quarter of 2023, China's total added value of industrial enterprises above the designated size was up by 3% year on year, 0.3 percentage point higher than the previous quarter, an official from the Ministry of Industry and Information Technology said Thursday.
April 21, 2023 -
Chinese banks log forex settlement deficit in Q1
China's banks saw a net forex settlement deficit of 15.3 billion U.S. dollars in the first quarter, the country's forex regulator said Friday.
April 21, 2023 -
Smooth spring plowing yields bumper harvest
Spring plowing has gone ahead smoothly and the supply of farm produce has been ample in the first quarter of this year, official data released on Thursday by the Ministry of Agriculture and Rural Affairs showed.
April 21, 2023 -
Consumption in rural areas, agricultural investment rebound
Consumer spending in China's rural areas and investment in the country's agricultural sector have seen a rebound in the first quarter of 2023.
April 21, 2023 -
China has over 2.64M 5G base stations
The number of China's 5G base stations had exceeded 2.64 million by the end of March this year, the Ministry of Industry and Information Technology (MIIT) said Thursday.
April 20, 2023 -
China's agricultural trade up 11.6% in Q1
In the first quarter, China's foreign trade of agricultural products reached US$83.38 billion, rising 11.6% year on year, the Ministry of Agriculture and Rural Affairs said Thursday.
April 20, 2023 -
China pledges efforts to expand demand in rural areas
China is planning to take more actions to invigorate domestic demand in rural areas, as it has broad development room and plays a significant role in stabilizing economic growth, an official told a press conference on Thursday.
April 20, 2023 -
100 days to go until university games start
After four years of preparation, Chengdu is ready to host a safe and splendid International University Sports Federation Summer World University Games, the organizing committee said on Wednesday, starting the 100-day countdown.
April 20, 2023 -
Chengdu to hold destined splendid Universiade, says organizing committee official
With the 100-day countdown to the Chengdu World University Games underway, Wang Jiayi, vice president of the organizing committee and vice minister of education, emphasized that Chengdu would host "a Universiade that is destined to be splendid."
April 20, 2023 -
100-day countdown begins for Chengdu 2021 FISU World University Games
The Chengdu 2021 FISU World University Games, previously postponed due to COVID-19, will kick off in 100 days on July 28.
April 19, 2023 -
China's economy off to good start in Q1
China's economy got off to a good start in the first quarter, as shown by encouraging indicators, according to a press conference Tuesday.
April 19, 2023 -
Robust consumption bolsters economic growth in Q1
Consumer spending contributed to 66.6% of China's economic growth in the first quarter of this year, marking a remarkable rebound compared to last year, according to the National Bureau of Statistics on Tuesday.
April 19, 2023