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Tag: consumption

China extends preferential purchase tax policy for NEVs

wangxiao06/22/20230

BEIJING, June 21 (Xinhua) — China will extend its preferential purchase tax policy for new energy vehicles (NEVs) to the end of 2027 as part of the efforts to continue to support the industry, Chines

China\’s long-term development outlook unchanged amid pro-growth measures

wangxiao06/17/20230

People are seen at a cafe in Xi\’an, northwest China\’s Shaanxi Province, May 11, 2023. (Xinhua/Shao Rui)
BEIJING, June 16 (Xinhua) — The positive development trend of China\’s economy will remain uncha

View of Nanjing in east China\’s Jiangsu

wangxiao06/15/20230

This aerial photo taken on June 13, 2023 shows the Nanjing Olympic Center in Nanjing, east China\’s Jiangsu Province. Nanjing, the capital of six dynasties in ancient China, has rich cultural accumulat

China\’s auto market reports notable growth in May

wangxiao06/10/20230

BEIJING, June 9 (Xinhua) — China\’s auto market continued to expand in May as auto sales, output and exports all saw year-on-year increases, industry data shows.
Last month, auto sales rose 27.9 perce

Commentary: China\’s capital market: an unmissable opportunity

wangxiao06/10/20230

BEIJING, June 9 (Xinhua) — While the world economy faces mounting uncertainties, international capital remains assured by the investment opportunities generated by China\’s long-term economic fundamen

Starbucks says on track to meet 9,000-store goal on Chinese mainland

wangxiao05/30/20230

SHANGHAI, May 30 (Xinhua) — Starbucks\’ new global CEO Laxman Narasimhan on Tuesday highlighted China\’s huge market potential and suggested the company\’s goal of opening 9,000 stores on the Chinese ma

More action against plastic pollution needed, says WWF section lead

wangxiao05/29/20230

A child views a display of ocean plastic pollution at H22 City Expo in Helsingborg, Sweden, on June 17, 2022.(Xinhua/Fu Yiming)
According to the UN Environment Programme, more than 400 million tonnes

Water-use rights trading quenches thirst of arid land

wangxiao05/26/20230

YINCHUAN, May 26 (Xinhua) — In a cowshed in a rural area of northwest China\’s Ningxia Hui Autonomous Region, herds of cattle are guzzling water from a four-meter-long trough, which automatically refi

UN chief urges gov\’ts, businesses to take bold action for sustainable future

wangxiao05/23/20230

UN Secretary-General Antonio Guterres speaks at a press conference at the UN headquarters in New York, on May 17, 2023. (Xinhua/Xie E)
\”Last year\’s agreement on the Kunming-Montreal Global Biodiversit

April data shows China\’s economy growing steadily

wangxiao05/16/20230

BEIJING, May 16 (Xinhua) — China fully resumed normal social and economic operation in April, with multiple output and demand indicators registering faster growth, indicating continued upward momentu

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