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Tag: billion

Chinese policy bank increases support for transport system construction

wangxiao06/12/20230

BEIJING, June 11 (Xinhua) — China Development Bank, one of the country\’s policy banks, has stepped up financial support for the construction of a modern transportation system.
From January to May 202

China\’s PV exports post steady growth in first four months

wangxiao06/10/20230

BEIJING, June 10 (Xinhua) — China posted strong growth in the export value of photovoltaic (PV) products in the first four months of the year, new data showed.
Exports of PV products rose 18.9 percen

China\’s enterprise annuity funds hit 2.98 trillion yuan

wangxiao06/10/20230

BEIJING, June 10 (Xinhua) — China\’s total enterprise annuity funds hit 2.98 trillion yuan (about 419 billion U.S. dollars) at the end of the first quarter of the year, official data showed.
In the fi

China\’s foreign trade of agricultural products up in Jan-April

wangxiao06/10/20230

BEIJING, June 10 (Xinhua) — China\’s foreign trade of agricultural products maintained the trend of expansion in the first four months of this year, with the total value up 9.7 percent year on year to

China, Argentina renew currency swap deal

wangxiao06/10/20230

BEIJING, June 9 (Xinhua) — China\’s central bank on Friday said that it has renewed a bilateral currency swap agreement with the Central Bank of Argentina.
The deal has a scale of 130 billion yuan (ab

China sees increase in water conservancy project investment in Jan-May

wangxiao06/10/20230

BEIJING, June 9 (Xinhua) — China saw expanding investment in its water conservancy facilities in the first five months of 2023, the Ministry of Water Resources said on Friday.
Completed investment in

China\’s rail freight volume up 4.4 pct in 2022

wangxiao06/09/20230

BEIJING, June 8 (Xinhua) — China\’s rail freight volume, a key indicator of economic activities, went up 4.4 percent year on year in 2022, data from the Ministry of Transport showed.
Over 4.98 billion

China\’s basic medical insurance fund income up 8.1 pct in first 4 months

wangxiao06/08/20230

BEIJING, June 8 (Xinhua) — The income of China\’s basic medical insurance fund reached 1.14 trillion yuan (about 160 billion U.S. dollars) in the first four months of this year, up 8.1 percent year on

Turning deserts into forests: How China is helping the world go green

wangxiao06/08/20230

Volunteers plant trees in the Hunshandake Sandland, north China\’s Inner Mongolia Autonomous Region, April 22, 2023. (Xinhua/Li Yunping)
BEIJING, June 7 (Xinhua) — China has made sustained efforts to

Work begins on 2nd Chinese-invested expressway in Cambodia

wangxiao06/07/20230

KANDAL, Cambodia, June 7 (Xinhua) — Cambodia on Wednesday broke ground on the second Chinese-invested expressway connecting the capital Phnom Penh with Bavet City of Svay Rieng province on the border

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