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Tag: finance

China issues local gov\’t bonds worth around 302 bln yuan in May

wangxiao06/29/20230

BEIJING, June 28 (Xinhua) — China\’s local governments issued bonds worth 301.9 billion yuan (about 41.87 billion U.S. dollars) in May, according to the Ministry of Finance.
Of the total, special bond

SCO demonstration area offers opportunities for win-win cooperation

wangxiao06/17/20230

QINGDAO, June 16 (Xinhua) — Five years on, the China-SCO Local Economic and Trade Cooperation Demonstration Area (SCODA) in the eastern Chinese coastal city of Qingdao has grown into a new platform f

China steps up counter-cyclical adjustment with policy rate cuts

wangxiao06/14/20230

BEIJING, June 14 (Xinhua) — With two policy rate cuts announced on a single day, Chinese monetary authorities are making greater efforts to strengthen counter-cyclical adjustment and shore up market

China invests 7.3 bln yuan for work-relief programs in 2023

wangxiao06/13/20230

BEIJING, June 12 (Xinhua) — China has invested 7.3 billion yuan (about 1.03 billion U.S. dollars) this year to support programs that provide work for people in need as a form of relief, the National

New Development Bank issues 8.5-bln-yuan bond on China Interbank Bond Market

wangxiao05/30/20230

SHANGHAI, May 29 (Xinhua) — The New Development Bank (NDB) has issued an RMB-denominated bond of 8.5 billion yuan (about 1.2 billion U.S. dollars) on the China Interbank Bond Market, the bank announc

China\’s pursuit for long-term sustainability under spotlight

wangxiao05/24/20230

This aerial photo taken on May 16, 2023 shows wind turbines of Honghe Yongning wind power plant in Honghe Hani and Yi Autonomous Prefecture, southwest China\’s Yunnan Province. (Yunnan Provincial Energ

Asian scholars prefer mainland for higher studies

wangxiao05/20/20230

Two students from Kazakhstan discuss a thesis at a college in Xi\’an, Shaanxi province. LI YIBO/XINHUA
China has become an increasingly popular destination for many Central Asian students thanks to its

How China-Central Asia cooperation turns age-old Silk Road into path of common prosperity

wangxiao05/20/20230

Chinese President Xi Jinping and his wife Peng Liyuan head for the venue of a welcome banquet along with guests in Xi\’an, northwest China\’s Shaanxi Province, May 18, 2023. (Xinhua/Huang Jingwen)
BEIJI

China\’s fiscal revenue sustains growth in first 4 months

wangxiao05/18/20230

BEIJING, May 18 (Xinhua) — China\’s fiscal revenue has maintained steady growth momentum in the first four months of 2023, official data showed on Thursday.
The country\’s fiscal revenue expanded 11.9

Senior CPC official meets with Singaporean deputy PM

wangxiao05/18/20230

Li Ganjie, a member of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the CPC Central Committee\’s Organization Department, meets with Deputy Prime Minister an

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