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Tag: billion

China Development Bank doubles loan support for farmland work

wangxiao04/05/20240

BEIJING, April 4 (Xinhua) — The China Development Bank (CDB), a major policy bank in the country, has enhanced financial support for farmland development and protection, as well as land productivity

China\’s waterway investment soars in first 2 months

wangxiao04/05/20240

BEIJING, April 4 (Xinhua) — Fixed-asset investment (FAI) in China\’s waterway network jumped 17 percent year on year in the first two months of this year, official data showed.
The investment came in

AI Vibes: China makes headway in digitalization

wangxiao04/05/20240

China\’s 5G penetration rate surpassed 50 percent in 2023, as noted in the country\’s government work report this year, drawing considerable attention.
China reached this milestone two years earlier tha

Revenue of China\’s top liquor brand up 18.04 percent in 2023

wangxiao04/03/20240

GUIYANG, April 3 (Xinhua) — China\’s leading liquor maker Kweichow Moutai posted an operating revenue of 150.56 billion yuan (about 20.81 billion U.S. dollars) in 2023, up 18.04 percent year on year.

U.S. to approve fighter jets in largest arms sale to Israel since Gaza conflict

wangxiao04/03/20240

WASHINGTON, April 2 (Xinhua) — The administration of U.S. President Joe Biden is about to approve the sale of 50 U.S.-made F-15 fighter jets to Israel, U.S. media has reported.
The arms sale is expec

China\’s science foundation funds 31 bln yuan in research in 2023

wangxiao04/03/20240

BEIJING, April 2 (Xinhua) — The National Natural Science Foundation of China (NSFC), a major domestic funding source for basic research and frontier exploration, financed over 52,000 programs in 2023

India\’s defense exports reach all-time high of 2.63 bln USD

wangxiao04/02/20240

NEW DELHI, April 1 (Xinhua) — India\’s defense exports reached an all-time high of 2.63 billion U.S. dollars during the financial year 2023-24 running from April 2023 to the end of March 2024, announc

Japan gov\’t designates 5 airports, 11 seaports to upgrade for possible defense use

wangxiao04/02/20240

TOKYO, April 1 (Xinhua) — The Japanese government on Monday designated five airports and 11 seaports to be upgraded for possible use by the Self-Defense Forces (SDF) and the Japan Coast Guard, local

China\’s telecom sector logs steady growth in Jan-Feb

wangxiao04/02/20240

BEIJING, March 30 (Xinhua) — China\’s telecommunication industry registered steady expansion in the first two months of this year, official data showed.
The combined business revenue of firms in the s

Output value of Xizang\’s cultural industry reaches nearly 9 bln yuan in 2023

wangxiao04/02/20240

LHASA, March 29 (Xinhua) — The cultural industry of southwest China\’s Xizang Autonomous Region recorded an output value of nearly 9 billion yuan (about 1.27 billion U.S. dollars) in 2023, up 42 perce

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