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Tag: billion

Electric vehicles, lithium-ion, solar batteries become new drivers of China\’s foreign trade

wangxiao07/22/20230

Apparel, home appliances and furniture were once known as the \”three major ones\” that drove China\’s export growth. Today, the new \”three major ones,” namely, electric vehicles, lithium-ion batteries a

Russia\’s external debt-to-GDP ratio falls to historic low

wangxiao07/22/20230

VLADIVOSTOK, July 21 (Xinhua) — It is a positive sign for Russia\’s economy that the country\’s external debt-to-GDP ratio plummeted to a historic low of 15 percent by the end of the first quarter, loc

Overseas investors continue to increase Chinese interbank bond holdings

wangxiao07/22/20230

BEIJING, July 21 (Xinhua) — China\’s forex regulator said Friday that overseas investors continued to increase their holdings in China\’s onshore bonds over the past two months.
Overseas investors\’ net

China Energy reports record electricity production for H1

wangxiao07/22/20230

BEIJING, July 21 (Xinhua) — China Energy Investment Corporation (China Energy), the world\’s largest coal-fired power generation giant, on Friday reported record-breaking half-year electricity product

China\’s Jiangsu sees GDP climb 6.6 pct in H1

wangxiao07/22/20230

NANJING, July 21 (Xinhua) — The gross domestic product (GDP) of east China\’s Jiangsu Province grew 6.6 percent year on year in the first half of 2023, exceeding 6 trillion yuan (about 839.68 billion

China\’s service outsourcing industry sees steady growth in H1

wangxiao07/22/20230

BEIJING, July 22 (Xinhua) — China\’s service outsourcing industry saw steady expansion in the first half of this year, according to data from the Ministry of Commerce.
Chinese firms inked service outs

China\’s energy output maintains steady growth

wangxiao07/22/20230

BEIJING, July 22 (Xinhua) — China\’s production of coal, crude oil and natural gas maintained steady expansion in the first half of the year, official data showed.
Miners in the country churned out 39

China\’s installed renewable energy capacity surges in H1

wangxiao07/20/20230

BEIJING, July 20 (Xinhua) — China\’s installed renewable energy capacity saw robust growth in the first half (H1) of the year amid the country\’s efforts to advance its green transition, according to t

China\’s Guangxi sees foreign trade surge 43.2 pct in H1

wangxiao07/20/20230

NANNING, July 20 (Xinhua) — South China\’s Guangxi Zhuang Autonomous Region logged strong growth in foreign trade in the first half (H1) of 2023, according to local authorities.
The region\’s total imp

Over 70 pct of Shandong\’s foreign trade contributed by private sector in H1

wangxiao07/19/20230

JINAN, July 18 (Xinhua) — East China\’s Shandong Province saw its foreign trade reach 1.56 trillion yuan (about 218 billion U.S. dollars) in the first half of this year, up 1.8 percent year on year, o

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