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Tag: finance

300,000 new families eligible for welfare program in Sri Lanka

wangxiao01/19/20240

COLOMBO, Jan. 18 (Xinhua) — About 300,000 new families are eligible for Sri Lanka\’s Aswesuma social welfare program, according to a statement from the Ministry of Finance, Economic Stabilization and

China\’s State Council appoints, removes officials

wangxiao01/17/20240

BEIJING, Jan. 16 (Xinhua) — The State Council on Tuesday announced the appointment and removal of several officials.
Song Qichao was appointed assistant minister of finance.
Hu Haifeng was named vice

Interview: China\’s development success a great opportunity for world economy, says expert

wangxiao01/01/20240

FRANKFURT, Jan. 1 (Xinhua) — China\’s development success since it opened up to the world has benefited foreign companies, and its vast market remains promising for European firms, a leading German ec

China\’s finance minister highlights proactive fiscal policy at symposium

wangxiao12/29/20230

BEIJING, Dec. 28 (Xinhua) — China will continue to implement its proactive fiscal policy to provide financial guarantees for building a modern socialist country in all respects, Minister of Finance L

China\’s lottery sales fall 2.5 pct in November

wangxiao12/29/20230

BEIJING, Dec. 28 (Xinhua) — China\’s lottery ticket sales fell 2.5 percent year on year to 50.54 billion yuan (about 7.12 billion U.S. dollars) in November, data from the Ministry of Finance showed on

China\’s 2022 government procurement falls 3.9 pct

wangxiao12/27/20230

BEIJING, Dec. 25 (Xinhua) — The scale of China\’s government procurement registered a decline in 2022, down 3.9 percent year on year, the Ministry of Finance said on Monday.
Nationwide government proc

China to \”appropriately\” strengthen proactive fiscal policy in 2024: minister

wangxiao12/27/20230

BEIJING, Dec. 22 (Xinhua) — China will continue to implement its proactive fiscal policy by \”appropriately\” strengthening it to improve its effectiveness in 2024, according to Minister of Finance Lan

China allocates emergency funding for road restoration in quake-hit regions

wangxiao12/27/20230

BEIJING, Dec. 20 (Xinhua) — The Chinese government on Wednesday allocated 30 million yuan (about 4.23 million U.S. dollars) in emergency funding for the restoration of roads in quake-hit Gansu and Qi

China allocates first batch of funds raised by 1-trln-yuan additional gov\’t bonds

wangxiao12/27/20230

BEIJING, Dec. 18 (Xinhua) — China has allocated the first batch of funds raised by the issuance of an additional 1-trillion-yuan (about 140.98 billion U.S. dollars) of government bonds for disaster r

Tech innovation expected to get more policy support

wangxiao12/27/20230

An employee works on the production line of display screens at a tech firm in Hefei, Anhui province. [XIE CHEN/FOR CHINA DAILY]
China will devote more financial resources and roll out new policies to

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