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Tag: billion

Chinese yuan to account for 45 percent of Russians\’ foreign currency savings by 2024

wangxiao06/15/20230

ST. PETERSBURG, June 15 (Xinhua) — Chinese yuan savings by Russian households in domestic banks will double this year and account for over 45 percent of their foreign currency savings by the end of 2

China\’s central bank cuts medium-term lending rates

wangxiao06/15/20230

BEIJING, June 15 (Xinhua) — China\’s central bank cut the interest rate of its one-year medium-term lending facility (MLF) from 2.75 percent to 2.65 percent on Thursday, amid efforts to strengthen cou

China\’s Jiangxi registers robust foreign trade growth in January-May

wangxiao06/15/20230

NANCHANG, June 14 (Xinhua) — East China\’s Jiangxi Province recorded robust foreign trade growth in the first five months of 2023, according to local customs.
The province\’s total import and export va

China\’s finance ministry issues 12 bln yuan of treasury bonds in Hong Kong

wangxiao06/15/20230

BEIJING, June 14 (Xinhua) — China\’s Ministry of Finance issued yuan-denominated treasury bonds worth 12 billion yuan (about 1.68 billion U.S. dollars) in the Hong Kong Special Administrative Region W

China\’s Xinjiang inks high-end hotel projects worth over 12.6 billion yuan

wangxiao06/14/20230

The culture and tourism departments at the regional, prefecture and municipal levels in northwest China’s Xinjiang Uygur Autonomous Region, as well as relevant scenic areas signed 12 letters of intent

Shanghai ports post 17 percent growth in consumer goods imports in Jan-May

wangxiao06/14/20230

Photo taken on Nov. 12, 2020 shows the night view of the Lujiazui area of Pudong, east China\’s Shanghai. (Xinhua/Wang Xiang)
SHANGHAI, June 13 (Xinhua) — The imports of consumer goods at Shanghai por

China\’s central bank adds liquidity via reverse repos

wangxiao06/13/20230

BEIJING, June 13 (Xinhua) — China\’s central bank continued to inject funds into the financial system through open market operations Tuesday.
The People\’s Bank of China said that it conducted 2 billio

China\’s Hunan sees robust foreign trade growth in Jan-May

wangxiao06/13/20230

CHANGSHA, June 12 (Xinhua) — Central China\’s Hunan Province saw robust foreign trade growth in the first five months of 2023, according to customs authorities in Changsha, the provincial capital.
Hun

China\’s Zhejiang sees robust foreign trade in Jan-May

wangxiao06/13/20230

HANGZHOU, June 12 (Xinhua) — East China\’s Zhejiang Province saw its foreign trade volume rise 8.4 percent year on year to 1.98 trillion yuan (around 278 billion U.S. dollars) in the first five months

China\’s central bank adds liquidity via reverse repos

wangxiao06/12/20230

BEIJING, June 12 (Xinhua) — China\’s central bank continued to inject funds into the financial system through open market operations Monday.
The People\’s Bank of China said that it conducted 2 billion

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