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Tag: billion

Major projects worth over 500 bln yuan start in central China

wangxiao03/31/20230

CHANGSHA, March 31 (Xinhua) — Central China\’s Hunan Province on Thursday launched 1,158 major projects with a total investment of 522.1 billion yuan (about 75.98 billion U.S. dollars), according to t

China\’s CZBank posts net profit growth in 2022

wangxiao03/31/20230

BEIJING, March 30 (Xinhua) — CZBank, one of China\’s 12 nationwide joint-stock commercial banks, reported net profit growth of 7.67 percent in 2022.The Hangzhou-headquartered lender raked in about 13.

Commentary: A summit for democracy or dominance?

wangxiao03/31/20230

BEIJING, March 30 (Xinhua) — A year and a half after the first version, the United States staged the second \”Summit for Democracy\” in high-flown rhetoric, despite a complete mess in human rights at h

Chinese banking sector\’s net external assets at 166.5 bln USD

wangxiao03/31/20230

BEIJING, March 30 (Xinhua) — China\’s banking sector had 1.5186 trillion U.S. dollars of external financial assets and 1.3522 trillion dollars of external liabilities at the end of 2022, resulting in

Over half of China\’s home appliances sold via online channels: report

wangxiao03/30/20230

BEIJING, March 30 (Xinhua) — China\’s online retail sales of home appliances accounted for 58.2 percent of the total last year amid the country\’s e-commerce boom, a report showed.Total online sales st

Chinese dairy giant Mengniu sees net profit rise 11.6 pct in 2022

wangxiao03/30/20230

HOHHOT, March 30 (Xinhua) — Chinese dairy giant Inner Mongolia Mengniu Dairy (Group) Co., Ltd. said that its net profit reached 5.4 billion yuan (about 783.9 million U.S. dollars) in 2022, marking an

China will never pursue modernization through war: premier

wangxiao03/30/20230

BOAO, Hainan, March 30 (Xinhua) — Chinese Premier Li Qiang said Thursday that China will never seek modernization through war, colonization or plunder. It is committed to achieving modernization for

China\’s "water tower" sees improving water conservation capacity

wangxiao03/30/20230

XINING, March 30 (Xinhua) — Northwest China\’s Qinghai Province has seen an improving water conservation capacity thanks to continued efforts in ecological protection.Qinghai is home to the Sanjiangyu

China\’s PICC reports rise revenue, net profit in 2022

wangxiao03/29/20230

BEIJING, March 28 (Xinhua) — The People\’s Insurance Company Group of China (PICC), China\’s leading insurer, registered an increase in revenue and net profit in 2022.The business revenue of the insure

Chinese vice president holds discussions with Tsinghua University advisors

wangxiao03/29/20230

Chinese Vice President Han Zheng holds discussions with the advisory board of the Tsinghua University School of Economics and Management in Beijing, capital of China, March 28, 2023. (Xinhua/Zhang Lin

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