The Regional Comprehensive Economic Partnership (RCEP), which entered into force on Jan. 1, 2022, comprises 15 Asia-Pacific countries — 10 member states of the ASEAN, China, Japan, the Republic of Ko
Tag: costs
German hospitals face record insolvencies due to rising staff costs
Photo taken on Nov. 25, 2021 shows an entrance of the Charite University Hospital in Berlin, Germany. (Xinhua/Shan Yuqi)
Germany\’s hospitals face a dire situation, reaching a critical point with insol
China\’s coastal bulk freight index up in November
SHANGHAI, Dec. 8 (Xinhua) — China\’s coastal bulk freight index went up 6.4 percent month on month in November, data from the Shanghai Shipping Exchange (SSE) showed.
Last month, the composite index f
China\’s PPI down 3 pct in November
BEIJING, Dec. 9 (Xinhua) — China\’s producer price index (PPI), which measures costs for goods at the factory gate, went down 3 percent year on year in November, the National Bureau of Statistics said
California\’s Fresno ranks worst place for middle-class life in U.S.: study
SACRAMENTO, United States, Nov. 22 (Xinhua) — The U.S. middle class- and working-class families are faring worst in Fresno, California, a new study finds after comparing economic metrics for the nati
Wondrous Xinjiang: Machines drive cotton harvest in Xinjiang
URUMQI, Oct. 26 (Xinhua) — When the cotton harvest season started in October, the vast cotton fields in northwest China\’s Xinjiang Uygur Autonomous Region saw humming cotton-picking machines instead
China\’s State Council decides to abolish, adjust administrative fines
BEIJING, Oct. 20 (Xinhua) — China\’s State Council, or the cabinet, approved a decision on Friday to abolish and adjust 33 administrative fines to create a more favorable business environment and redu
China\’s technologies help BRI partners turn waste into wealth
This undated file photo shows the facility for the production of biomass-derived biochar and activated carbon materials, developed by the Institute of Urban Environment of the Chinese Academy of Scien
China offers R&D tax cut for integrated-circuit, machine-tool firms
BEIJING, Sept. 18 (Xinhua) — Chinese authorities on Monday announced a tax cut on the research and development (R&D) expenses of eligible integrated-circuit and machine-tool firms between Jan. 1, 202
Green development fosters new areas of growth for China\’s economy
Solar cells to be exported are manufactured in a workshop of an enterprise in Fuzhou, east China\’s Jiangxi province. (Photo by Zhu Haipeng/People\’s Daily Online)
The world\’s first offshore wind turbin