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Tag: billion

Belt and Road Initiative takes China\’s development dividends to Africa

wangxiao04/23/20230

HARARE, April 23 (Xinhua) — The Belt and Road Initiative (BRI) is taking China\’s development dividends beyond the Asian country to the world, ushering in a new era of connectivity for African economi

China approves 42 fixed-asset investment projects in Q1

wangxiao04/23/20230

BEIJING, April 22 (Xinhua) — China\’s top economic planner approved 42 fixed-asset investment (FAI) projects in the first quarter of the year, with combined investment totaling 280.3 billion yuan (abo

China\’s postal industry registers revenue growth in Q1

wangxiao04/23/20230

BEIJING, April 22 (Xinhua) — China\’s postal industry posted steady growth in business revenue in the first quarter (Q1) of the year, official data showed.
The sector\’s combined business revenue total

China\’s service outsourcing industry sees stable growth

wangxiao04/23/20230

BEIJING, April 21 (Xinhua) — China\’s service outsourcing industry saw a steady expansion in the first quarter of this year, according to data from the Ministry of Commerce on Friday.
Chinese firms in

China to waive over 2.3 bln yuan in student loan interest in 2023

wangxiao04/23/20230

Ou Wenhan (2nd L, back), an official with the Ministry of Finance, attends a press conference held by the State Council Information Office in Beijing, capital of China, April 21, 2023. (Photo by Liu J

Commentary: America\’s toxic relations with allies

wangxiao04/23/20230

This photo taken on April 20, 2022 shows the U.S. Federal Reserve in Washington, D.C., the United States. (Xinhua/Liu Jie)
The lastest leaks were quite embarrassing for the United States and created u

Chinese banks log forex settlement deficit in Q1

wangxiao04/21/20230

BEIJING, April 21 (Xinhua) — China\’s banks saw a net forex settlement deficit of 15.3 billion U.S. dollars in the first quarter, the country\’s forex regulator said Friday.
Forex purchases by banks st

Financial summit sees contracts worth over 10 bln USD signed between China, Singapore

wangxiao04/21/20230

CHONGQING, April 20 (Xinhua) — The fifth China-Singapore (Chongqing) Connectivity Initiative Financial Summit opened in China\’s Chongqing Municipality and in Singapore simultaneously on Thursday, wit

China\’s non-financial outbound direct investment up 26.3 pct in Q1

wangxiao04/21/20230

BEIJING, April 20 (Xinhua) — China\’s non-financial outbound direct investment (ODI) rose 26.3 percent year on year to 215.97 billion yuan in the first quarter of the year, official data showed Thursd

China\’s transportation sector maintains steady growth in Q1

wangxiao04/21/20230

BEIJING, April 20 (Xinhua) — China\’s transportation industry maintained steady operations in the first quarter of the year, with multiple major indicators showing an upward trend.
The following are t

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