Workers operate a microchip production line at a factory in Sihong, Jiangsu province. XU CHANGLIANG/FOR CHINA DAILY
China\’s latest call for innovation in key technologies and crucial components will m
Tag: Economics
Feature: Chinese books draw Thai fans at Bangkok Int\’l Book Fair
BANGKOK, April 9 (Xinhua) — Holding several books, including one on China\’s high-quality development, 51 year-old Wisan Chedi was searching for more books at a Chinese book exhibition booth at the Ba
U.S. dollar to play much less dominant role within decade: U.S. economist
NEW YORK, April 7 (Xinhua) — The U.S. dollar will play a much less dominant role than it is today within the next ten years due to a smaller share of the U.S. economy in the world, weaponization of t
Bank crashes won\’t turn into repeat of 2008 crisis, says expert
This photo taken on March 25, 2023 shows a Deutsche Bank branch in Berlin, Germany. (Xinhua/Ren Pengfei)
In Europe, Credit Suisse, the second largest bank in Switzerland, was taken over by Swiss banki
Economists expect recession in U.S. this year: survey
PARIS, March 29 (Xinhua) — Economists expect the United States to enter a recession in 2023, and to face high inflation into 2024, a survey has shown.Over two-thirds of respondents to the National As
U.S. consumer confidence inches up in March
NEW YORK, March 28 (Xinhua) — The U.S. consumer confidence index increased slightly in March to 104.2, higher than 103.4 in the prior month and the consensus of 101.0, according to data issued by thi
Winners of China\’s top industry awards unveiled
BEIJING, March 19 (Xinhua) — The seventh China Grand Awards for Industry were announced on Sunday, with 19 Chinese enterprises and 19 projects named as winners.These winners are from a diverse range
Five key aspects about Xi Jinping\’s Economic Thought: think tank report
BEIJING, March 14 (Xinhua) — New China Research, the think tank of Xinhua News Agency, has summarized the distinct characteristics of Xi Jinping\’s economic thought in five aspects, which are key to l
Cities roll out incentives to boost birthrates
Major cities have ramped up subsidies and nursery care services to encourage families to have more children as senior health officials said \”bold and innovative\” measures should be taken to address lo