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Tag: billion

China\’s telecom sector sees steady expansion in first 11 months

wangxiao12/27/20230

BEIJING, Dec. 23 (Xinhua) — China\’s telecommunication industry logged steady growth in the first 11 months of 2023, driven by emerging businesses, official data showed.
The combined business revenue

China\’s FDI inflow reaches 1.04 trln yuan in first 11 months

wangxiao12/27/20230

BEIJING, Dec. 21 (Xinhua) — Foreign direct investment (FDI) in the Chinese mainland in actual use stood at 1.04 trillion yuan (about 146.45 billion U.S. dollars) in the first 11 months of the year, d

China\’s non-financial ODI up 18.4 pct in first 11 months

wangxiao12/27/20230

BEIJING, Dec. 21 (Xinhua) — China\’s non-financial outbound direct investment (ODI) increased 18.4 percent year on year to 814.54 billion yuan in the first 11 months of the year, official data showed

Unmasking the reality behind US economic data

wangxiao12/27/20230

The US economic data for the first three quarters of 2023 presents an impressive picture, especially amid the backdrop of the Federal Reserve\’s continued interest rate hikes. These measures have seemi

China\’s e-sports industry rakes in 26.3 billion yuan this year

wangxiao12/27/20230

SHENZHEN, Dec. 21 (Xinhua) — The number of electronic sports (e-sports) users in China reached 488 million in 2023, up 0.1 percent compared to the previous year, according to an industry report relea

China vows to build itself into an agricultural powerhouse, with food security, all-round rural revitalization prioritized

wangxiao12/27/20230

China has laid out the priorities for the country\’s rural work in 2024 at a key meeting held from Tuesday to Wednesday, stressing the target to build China into an agricultural powerhouse and the impo

Power firms help keep homes toasty

wangxiao12/27/20230

Technicians from China National Petroleum Corp conduct an inspection at a natural gas processing facility of Changqing oilfield in Yulin, Shaanxi province, in July. WANG PENG/XINHUA
Recent cold wave,

China\’s energy output maintains steady growth

wangxiao12/27/20230

BEIJING, Dec. 17 (Xinhua) — China\’s production of coal, crude oil and natural gas maintained steady expansion in the first 11 months of the year, official data showed.
Miners in the country churned o

South China\’s Guangxi sees robust foreign trade with Vietnam

wangxiao12/27/20230

NANNING, Dec. 16 (Xinhua) — In the first 11 months of the year, the imports and exports of south China\’s Guangxi Zhuang Autonomous Region with Vietnam totaled 222.97 billion yuan (about 31.42 billion

Chinese banks report forex settlement deficit in November

wangxiao12/27/20230

BEIJING, Dec. 15 (Xinhua) — Chinese banks reported a net forex settlement deficit of 176.1 billion yuan (about 24.8 billion U.S. dollars) in November, official data showed on Friday.
In yuan terms, f

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