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Tag: growth

China CITIC Bank net profit up 11.61 pct in 2022

wangxiao03/27/20230

BEIJING, March 26 (Xinhua) — China CITIC Bank, one of China\’s joint-stock commercial banks, reported net profit growth of 11.61 percent in 2022.The bank raked in 62.1 billion yuan (about 9.1 billion

China\’s non-cash payments maintain steady growth in 2022

wangxiao03/25/20230

BEIJING, March 25 (Xinhua) — Non-cash payments handled by Chinese banks continued stable expansion in 2022, with electronic payments sustaining growth momentum, a central bank report said.Non-cash pa

Agricultural expert benefits farmers with aeroponics

wangxiao03/25/20230

In Yusangang village, Liandu district, Lishui, east China\’s Zhejiang province, there is an 18-meter-high greenhouse which is unique compared to other kinds.A beehive-type structure made of rebars is s

China Mobile net profit up 8 pct in 2022

wangxiao03/24/20230

BEIJING, March 23 (Xinhua) — China Mobile, one of the country\’s leading telecommunication operators, reported net profit growth of 8 percent year on year in 2022.The company\’s net profit was 125.46 b

Beijing records 21.8 million permanent residents in 2022, down 43,000 from 2021

wangxiao03/22/20230

The number of permanent residents in Beijing was 21.8 million by the end of 2022, decreasing by 43,000 compared with the year before, the Beijing statistic authorities announced on Tuesday. The latest

Officials see trade growing this year

wangxiao03/21/20230

The container terminal in Haikou, Hainan province. [PHOTO by SU BIKUN/FOR CHINA DAILY]Recovery, flourishing e-commerce, industrial upgrade give China edgeChina\’s foreign trade is set to grow steadily

Understanding Xi\’s quote on high-quality development

wangxiao03/17/20230

This aerial photo taken on Dec. 10, 2022 shows a view of the Yangpu international container terminal in the Yangpu Economic Development Zone, south China\’s Hainan Province. (Xinhua/Pu Xiaoxu)High-qual

E-commerce expos boom, as Chinese exporters explore new ways to sell overseas

wangxiao03/16/20230

A global cross-border e-commerce exhibition kicked off on Tuesday in Shenzhen, South China\’s Guangdong Province, amid the rising popularity of such exhibitions, where Chinese exporters explore new way

Recovery of Chinese economy from pandemic set to boost global trade: report

wangxiao03/15/20230

HELSINKI, March 15 (Xinhua) — The lifting of COVID-19 restrictions in China could increase private consumption, boosting global trade, the Bank of Finland said on Tuesday.According to the bank\’s late

China\’s industrial output up 2.4 pct in Jan-Feb

wangxiao03/15/20230

BEIJING, March 15 (Xinhua) — China\’s value-added industrial output, an important economic indicator, went up 2.4 percent year on year in the first two months of 2023, data from the National Bureau of

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