Chinese banks' non-performing loan ratio declines in Q1

Chinese banks' bad loan ratio fell slightly in the first quarter and risks in the industry remained under control, data from the banking regulator showed Friday.

April 15, 2022

China deals heavy blow to telecom, cyber fraud

New cases involving telecom and internet fraud saw year-on-year decline for nine months in a row, the Ministry of Public Security announced at a press conference on Thursday.

April 15, 2022

Trade between China and RCEP members up 6.9% in Q1

From January to March, China's imports and exports with the other 14 member countries of the Regional Comprehensive Economic Partnership (RCEP) expanded 6.9% year on year to 2.86 trillion yuan (US$448.6 billion), according to customs data released Wednesday.

April 14, 2022

Telecom fraud cases in China decrease for 9th consecutive month

The number of telecom fraud cases in China has declined for nine consecutive months starting June 2021, thanks to China's intensified crackdown on such crimes, official figures showed Thursday.

April 14, 2022

China's customs authorities to strike balance between virus control, trade

Adhering to the dynamic zero-COVID strategy to prevent COVID infections, China's customs authorities will make full efforts to strike a balance between the prevention and control of the epidemic at ports and the promotion of the steady growth of foreign trade, Li Kuiwen, a spokesman of the General Administration of Customs, told a media conference in Beijing on Wednesday.

April 14, 2022

China's foreign trade sustains upward momentum despite mounting challenges

China's foreign trade maintained its growth trajectory in the first quarter of 2022 despite increasingly complex internal and external challenges and risks.

April 14, 2022

China's trade with RCEP members sustains steady growth

Trade between China and members of the Regional Comprehensive Economic Partnership (RCEP) saw steady growth since the trade agreement took effect at the beginning of this year, official data showed Wednesday.

April 13, 2022

China's foreign trade up 10.7% in Q1

China's foreign trade in goods expanded 10.7% year on year to 9.42 trillion yuan (US$1.48 trillion) in the first quarter of 2022, according to official data released Wednesday. During this period, exports and imports rose 13.4% and 7.5% year on year respectively.

April 13, 2022

China issues 1.25-trillion-yuan local gov't special bonds by end of March

China had issued 1.25 trillion yuan for this year's local government special bonds by the end of March, aiming to expand effective investment for stable economic performance, according to a press conference Tuesday.

April 13, 2022

China's foreign trade up 10.7% in first quarter

China's total imports and exports expanded 10.7 percent year on year to 9.42 trillion yuan (1.48 trillion U.S. dollars) in the first quarter of 2022, official data showed Wednesday.

April 13, 2022

Local bonds set to boost investment

China is accelerating the issuance of special purpose bonds at the local government level to further boost investment, a move that experts see as key to stabilizing growth this year amid mounting pressure from home and abroad.

April 13, 2022

China accelerates issuance of local-gov't special bonds

The issuance of local-government special bonds in China has progressed much faster and is more advanced this year than in previous years, an official said Tuesday.

April 13, 2022

More funds for water conservancy

China will intensify efforts to increase funding channels for investment in water conservancy projects and contribute to economic growth, officials said.

April 10, 2022

China's investment in water conservancy facilities jumps 35% in Q1

​China's investment in water conservancy facilities reached 107.7 billion yuan (about 16.92 billion U.S. dollars) during the first quarter of the year, Zhang Xiangwei, an official with the Ministry of Water Resources, said Friday.

April 8, 2022

China to invest 800 billion yuan in water conservancy

China plans to invest a total of 800 billion yuan (US$125.76 billion) this year in water conservancy projects, including major projects concerning flood control and disaster reduction, the optimal allocation of water resources, as well as irrigation, the Ministry of Water Resources said at a policy briefing Friday.

April 8, 2022

China to complete extensive screening of outfalls by end of 2025

China will finish screening outfalls in seven major river and lake basins and water near the coastline for problems by the end of 2025, Vice Minister of Ecology and Environment Qiu Qiwen said Saturday.

April 3, 2022

Sewage outlets on major rivers to be supervised

China will locate and effectively supervise all sewers that empty into the sea and watercourses in its seven major river basins before the end of 2025, according to a recent guideline from the State Council, China's Cabinet.

April 4, 2022

Sewage management system improving quality of water

​China's efforts in beefing up sewage management has brought significant improvement to water quality in the country's longest watercourses and largest enclosed sea, according to the Ministry of Ecology and Environment.

April 3, 2022

China doubles number of sports venues from 2013 to 4 million

By the end of 2021, China had more than 3.97 million sports venues across the country, registering an increase of 134.3% from the 2013 level, the General Administration of Sport of China said at a press conference Wednesday.

March 31, 2022

China to build 2,000 fitness facilities by 2025

China has planned to build 2,000 fitness facilities, including sports parks, across the country by 2025, a Chinese sports official said on Wednesday.

March 31, 2022