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Fresh steps to ensure adequate power supply
China will effect several measures to ensure adequate power supply amid surging demand for electricity due to economic rebound and heat waves, the country's top economic regulator said on Wednesday.
July 27, 2023 -
China vows all-out efforts to secure electricity supply for peak demand
China will spare no effort to ensure energy and power security in the event of strong demand for electricity as its economy recovers and heatwaves spread across the country this summer, according to the National Development and Reform Commission (NDRC) on Wednesday.
July 27, 2023 -
7th China-South Asia Expo to be held in Yunnan
The 7th China-South Asia Exposition will be held in Kunming, southwestern China's Yunnan province, from Aug. 16 to 20, with the theme of "Solidarity and Coordination for Common Development."
July 26, 2023 -
Commerce official: China-South Asia Expo important platform for economic, trade cooperation
The China-South Asia Exposition has become an important platform for economic and trade cooperation between China and South Asian countries, Vice Minister of Commerce Li Fei said on Tuesday.
July 26, 2023 -
China, South Asia ties on upswing
China and South Asia's extensive collaboration and their highly complementary trade structure will be crucial drivers of economic and social development on both sides, Chinese officials said on Tuesday.
July 26, 2023 -
China-South Asia trade sees enormous periodic spike
Total trade value between China and South Asian countries jumped from less than $100 billion in 2013 to $197.4 billion in 2022, demonstrating a remarkable average annual growth rate of 8.3 percent, data from the Ministry of Commerce showed.
July 26, 2023 -
Flood, drought control still a problem
China has experienced significantly less damage from flood and droughts this year, but flood and drought control remains grim due to the high frequency of extreme weather events during what is the country's rainiest time of year, officials said.
July 26, 2023 -
Investors buy China bonds despite odds
China's bond market has attracted net capital inflows in the first half of this year despite the US-China interest rate differential, reflecting global investors' solid confidence in yuan-denominated assets as well as the Chinese economy, officials and experts said on Friday.
July 22, 2023 -
China to further tap consumption potential in rural areas
China will step up efforts to unleash further consumption potential in rural areas as it plays a significant role in stabilizing economic growth and expanding domestic demand, an official told a press conference on Friday.
July 22, 2023 -
Wheat farmers overcome summer rains, saving this year's harvest
It's not easy to see a bumper summer harvest after witnessing continuously overcast days and rainy weather hit major grain-growing areas from late May to present day, but we have seen a bumper harvest thanks to the rush-harvesting by government departments and farmers, said a senior official from the Ministry of Agriculture and Rural Affairs.
July 21, 2023 -
Chinese banks continue to see forex settlement surplus
China's commercial banks continued to see a net forex settlement surplus in June, which reached 58.9 billion yuan (about 8.24 billion U.S. dollars), official data showed Friday.
July 21, 2023 -
China's forex reserves remain stable in H1
China's foreign exchange reserves came in at US$3.19 trillion at the end of June, up US$65.3 billion from the end of 2022, according to the State Administration of Foreign Exchange on Friday.
July 21, 2023 -
Private firms on tap for more government assistance
China will soon roll out a series of policy measures to support more private investment and boost private enterprises as part of a package of measures to bolster corporate confidence and revive economic recovery, the country's top economic regulator said on Thursday.
July 21, 2023 -
China to unveil more measures to revive private economy
Chinese officials on Thursday pledged greater efforts to revive the private economy, with more measures to be unveiled soon.
July 20, 2023 -
China's outbound investment expands in H1
China's outbound investment continued to grow in the first half of 2023, with non-financial outbound direct investment up 22.7% year on year to 431.61 billion yuan (US$62.29 billion), said Guo Tingting, the country's vice minister of commerce, on Wednesday.
July 20, 2023 -
China adds 35.7% more foreign-funded firms in H1
In the first half of this year, the number of newly established foreign-funded companies in China rose rapidly to 24,000, an increase of 35.7% year on year, Vice Commerce Minister Guo Tingting said at a press conference Wednesday.
July 20, 2023 -
Commerce ministry: China online retail sales steadily expand in H1
China's online retail sales logged steady growth in the first half (H1) of 2023, with emerging livestreaming e-commerce gaining steam, according to the Ministry of Commerce on Thursday.
July 20, 2023 -
Commerce ministry: China's outbound investment continues to expand in H1
China's outbound investment continued to grow in the first half (H1) of 2023, official data showed Thursday.
July 20, 2023 -
Further steps in pipeline to boost FDI
China will further improve its conditions for foreign investment, and encourage global companies to invest in its services and financial sectors to stabilize the inflow of foreign direct investment in the second half of 2023, commerce officials said on Wednesday.
July 20, 2023 -
China contributes to global green development with low-carbon tech innovation
China has become an important contributor to global innovation in green and low-carbon technologies, according to the country's top IP regulator.
July 20, 2023