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
Tag: dollars
Chinese policy bank scales up support for water conservancy projects
BEIJING, April 22 (Xinhua) — China Development Bank, one of the country\’s policy banks, stepped up financial support for major water conservancy projects nationwide in the first three months of this
Chinese banks log forex settlement deficit in Q1
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
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
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 FDI inflow records stable growth in Q1
This photo taken on Jan. 1, 2023 shows a container ship at Tianjin Port in north China\’s Tianjin. (Xinhua/Zhao Zishuo)
BEIJING, April 20 (Xinhua) — Foreign direct investment (FDI) in the Chinese main
Foreign trade of China\’s Heilongjiang up 29.6 pct in Q1
HARBIN, April 20 (Xinhua) — China\’s northernmost province of Heilongjiang saw its foreign trade in goods grow 29.6 percent year on year to 71.98 billion yuan (about 10.4 billion U.S. dollars) in the
With swift economic recovery, China remains magnet for global firms
This aerial photo taken on April 6, 2023 shows a container ship at the smart zero-carbon terminal of Tianjin Port in north China\’s Tianjin Municipality. Tianjin Port handled approximately 5.047 millio
Global luxury brands poised for new take-off in China
BEIJING, April 19 (Xinhua) — Global luxury brands are poised to unlock fresh business growth points and tap into the vast Chinese consumer market, as China\’s economy is showing a faster-than-expected
East China\’s Jiangsu sees tourism boom in Q1
NANJING, April 19 (Xinhua) — East China\’s Jiangsu Province received 182 million tourist visits from home and abroad in the first quarter (Q1) of this year, up 60 percent compared with the same period