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Tag: finance

China to appropriately enhance intensity of proactive fiscal policy: minister

wangxiao03/06/20240

BEIJING, March 6 (Xinhua) — China will appropriately enhance the intensity of the proactive fiscal policy, the finance minister said on Wednesday.
China will continue to implement a proactive fiscal

China\’s lottery ticket sales up in January

wangxiao03/04/20240

BEIJING, March 3 (Xinhua) — China\’s lottery ticket sales showed a year-on-year increase of 73.3 percent in January, topping 57.56 billion yuan (about 8.1 billion U.S. dollars), data from the Ministry

Hong Kong makes new highlights in external interactions

wangxiao02/21/20240

Photo shows a night view of Hong Kong\’s Victoria Harbor. (People\’s Daily Online/Wang Gang)
Since the new-term Hong Kong Special Administrative Region (HKSAR) government took office in July 2022, a ser

A-share market rallies amid backing from State fund

wangxiao02/07/20240

Recent actions by China\’s securities regulator and the country\’s \”national team\” of state-linked investors aimed at safeguarding market stability are expected to calm investor anxieties and lift marke

China\’s lottery ticket sales up in 2023

wangxiao02/04/20240

BEIJING, Feb. 3 (Xinhua) — China\’s total lottery ticket sales amounted to 579.7 billion yuan (about 81.64 billion U.S. dollars) in 2023, up 36.5 percent year on year, data from the Ministry of Financ

China waives student-loan interest, defers repayment for 2024

wangxiao02/04/20240

BEIJING, Feb. 2 (Xinhua) — China has issued a circular on government-subsidized student loans, which waives this year\’s interest and allows postponed repayment terms, the Ministry of Finance said on

Indian gov\’t slashes import duty on key mobile phones\’ components

wangxiao01/31/20240

NEW DELHI, Jan. 31 (Xinhua) — The Indian government has announced a cut in customs duty on imports of key components of mobile phones from 15 percent to 10 percent, a senior federal government offici

China issues 9.34 trln yuan local gov\’t bonds in 2023

wangxiao01/31/20240

BEIJING, Jan. 30 (Xinhua) — China\’s local governments issued new bonds worth around 9.34 trillion yuan (about 1.31 trillion U.S. dollars) in 2023, data from the Ministry of Finance showed.
Of the tot

China allocates 50 mln yuan for Yunnan landslide disaster relief work

wangxiao01/23/20240

BEIJING, Jan. 22 (Xinhua) — China has allocated disaster relief funds totaling 50 million yuan (about 7 million U.S. dollars) following a landslide in the southwestern Yunnan Province early on Monday

Explainer: China emits fresh signals on building a financial powerhouse

wangxiao01/19/20240

BEIJING, Jan. 18 (Xinhua) — China has sent fresh and strong signals on building itself into a financial powerhouse as part of its efforts to pursue high-quality development of the financial sector.
T

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