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Tag: funds

China\’s central bank activates emergency response for earthquake relief

wangxiao12/27/20230

BEIJING, Dec. 20 (Xinhua) — The People\’s Bank of China, the country\’s central bank, has called for relevant departments and branches to activate their emergency response measures to ensure financial

China steps up disaster relief to quake-hit regions

wangxiao12/27/20230

BEIJING, Dec. 19 (Xinhua) — The Chinese government is stepping up disaster relief to northwest China\’s Gansu and Qinghai provinces after a 6.2-magnitude earthquake at midnight Monday killed over 100

China allocates disaster-relief funds to quake-hit regions

wangxiao12/27/20230

BEIJING, Dec. 19 (Xinhua) — The Chinese government on Tuesday allocated 200 million yuan (about 28.18 million U.S. dollars) of funds to support disaster relief efforts in the earthquake-hit Gansu and

China allocates 200 million yuan in disaster relief funds after earthquake in northwest China\’s Gansu

wangxiao12/27/20230

This aerial photo taken on Dec. 19, 2023 shows rescuers in operation at Caotan Village of Minhe Hui and Tu Autonomous County in Haidong City, northwest China\’s Qinghai Province. Eleven people have bee

Over 80 bln USD mobilized at UN climate conference

wangxiao12/27/20230

DUBAI, Dec. 7 (Xinhua) — Over 83 billion U.S. dollars have been mobilized in the first five days at COP28, or the 28th meeting of the Conference of the Parties to the United Nations Framework Convent

AIIB, UAE COP28 presidency partnership to accelerate energy transition

wangxiao12/27/20230

BEIJING, Oct. 28 (Xinhua) — The Asian Infrastructure Investment Bank (AIIB) is collaborating with the United Arab Emirates (UAE), which holds the presidency of the 28th session of the Conference of t

China vows to swiftly carry out 1t yuan bond plan, in bid to further consolidate economic recovery

wangxiao10/26/20230

Chinese officials on Wednesday vowed to swiftly carry out a plan to issue an additional 1 trillion yuan ($137 billion) in special treasury bonds in the fourth quarter, which marks only a few times in

Fed official says more rate hikes likely needed to bring inflation down

wangxiao08/08/20230

NEW YORK, Aug. 7 (Xinhua) — Additional interest rate hikes will likely be needed to lower inflation to the U.S. Federal Reserve\’s 2 percent target, Fed Governor Michelle Bowman said on Monday.
\”We ha

Chinese authorities allocate additional 350 mln yuan to flood-hit regions

wangxiao08/07/20230

BEIJING, Aug. 6 (Xinhua) — Chinese authorities on Sunday earmarked an additional 350 million yuan (about 50 million U.S. dollars) to assist flood-hit regions of Beijing, Tianjin, Hebei, and also prov

China offers subsidy funds for Beijing, Hebei to repair roads after rainstorms

wangxiao08/03/20230

BEIJING, Aug. 3 (Xinhua) — China has allocated 30 million yuan (about 4.2 million U.S. dollars) of emergency road repair subsidy to Beijing and Hebei Province following typhoon-triggered rainstorms.

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