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Tag: finance

China allocates 110 mln yuan for disaster relief in Beijing, Tianjin, Hebei

wangxiao08/02/20230

BEIJING, Aug. 1 (Xinhua) — China has earmarked 110 million yuan (about 15.43 million U.S. dollars) to support flood prevention and disaster relief work in Beijing, Tianjin, and Hebei, according to th

Chinese state-owned firms report 5 pct profit growth in H1

wangxiao08/01/20230

BEIJING, July 31 (Xinhua) — The total profits of China\’s state-owned enterprises (SOEs) hit around 2.38 trillion yuan (333.49 billion U.S. dollars) in the first half of 2023, up 5 percent year on yea

China, France vow to promote ties, cooperation

wangxiao07/30/20230

Chinese Vice Premier He Lifeng co-chairs the ninth China-France High Level Economic and Financial Dialogue with Bruno Le Maire, minister of economy, finance and industrial and digital sovereignty of F

Pakistan sets target of 3.5 pct growth in ongoing financial year

wangxiao07/27/20230

ISLAMABAD, July 27 (Xinhua) — Pakistan eyes a 3.5-percent growth in its economy in the ongoing financial year starting from July 2023 to June 2024, the country\’s finance ministry has said.
The govern

UNESCO, Italy sign agreement to restore railway station damaged by Beirut explosions

wangxiao07/25/20230

BEIRUT, July 24 (Xinhua) — Parts of the damaged Beirut Railway Station in the Mar Mikhael neighborhood of the Lebanese capital will soon be restored with foreign funding, according to a UNESCO-Italia

Pakistan allocates 149 mln USD for general elections 2023

wangxiao07/22/20230

ISLAMABAD, July 21 (Xinhua) — The Economic Coordination Committee (ECC) of Pakistan approved a request of the Election Commission of Pakistan (ECP) to allocate funds of 42.528 billion rupees (over 14

China\’s finance ministry to issue sovereign yuan bonds in Hong Kong next month

wangxiao07/19/20230

BEIJING, July 19 (Xinhua) — China\’s finance ministry will issue 12 billion yuan (about 1.68 billion U.S. dollars) of yuan-denominated bonds in the Hong Kong Special Administrative Region next month,

Chinese tech giant Huawei launches latest AI model

wangxiao07/08/20230

GUANGZHOU, July 7 (Xinhua) — Chinese tech giant Huawei on Friday launched the latest version of its Pangu pre-trained deep learning AI model, Pangu 3.0. The announcement was made at the Huawei Cloud

China to up financial support through inclusive loans

wangxiao07/01/20230

BEIJING, June 30 (Xinhua) — China will continue to provide inclusive loan support for small and micro businesses, and loans to ensure the delivery of pre-sold homes, according to the People\’s Bank of

China\’s lottery sales surge 52.7 pct in May

wangxiao06/30/20230

BEIJING, June 30 (Xinhua) — China\’s lottery ticket sales surged 52.7 percent year on year to about 50.02 billion yuan (about 6.92 billion U.S. dollars) in May, data from the Ministry of Finance showe

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