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Tag: increase

Innovation drives China\’s high-quality economic development

wangxiao02/01/20240

China received about 1.6 million patent applications in 2022, ranking first in the world, according to the World Intellectual Property Indicators 2023 report recently issued by the World Intellectual

China\’s Hainan sees cross-border RMB use exceed 300 billion yuan

wangxiao02/01/20240

HAIKOU, Feb. 1 (Xinhua) — South China\’s Hainan Province recorded 326.8 billion yuan (about 46 billion U.S. dollars) of renminbi (RMB) cross-border settlement in 2023, representing a massive 122.9 per

China\’s trade in services grows by 10% to over 6.5t yuan

wangxiao02/01/20240

The value of China\’s trade in services grew by 10 percent year-on-year to 6.57 trillion yuan ($915.29 billion) in 2023, data from the Ministry of Commerce showed on Thursday.
In the meantime, China\’s

China to raise gasoline, diesel retail prices

wangxiao02/01/20240

BEIJING, Jan. 31 (Xinhua) — China will raise its retail prices of gasoline and diesel from Thursday, based on recent changes in international oil prices, the country\’s top economic planner said on We

China expands online service for cross-provincial medical bill settlement

wangxiao01/30/20240

BEIJING, Jan. 30 (Xinhua) — Over 8.04 million individuals participating in China\’s basic medical insurance had applied for cross-provincial medical bill settlement through online platforms in 2023, a

Foreign-funded banks upbeat about China\’s economic development

wangxiao01/29/20240

BEIJING, Jan. 28 (Xinhua) — As China revealed data of its economic performance in 2023 recently, experts from multiple foreign-invested financial institutions made positive remarks on the country\’s f

Chinese carmaker BAIC posts robust sales growth in 2023

wangxiao01/29/20240

BEIJING, Jan. 27 (Xinhua) — Chinese automaker Beijing Automotive Group Co., Ltd. (BAIC Group) sold some 1.7 million vehicles in 2023, a robust year-on-year growth of 17.6 percent, the company said on

Shanghai remains magnet for global companies, with record foreign investment utilization in 2023

wangxiao01/27/20240

Photo taken on Nov. 3, 2021 shows the night scenery in east China\’s Shanghai. (Photo by Zhang Qiangjun/Xinhua)
SHANGHAI, Jan. 26 (Xinhua) — Standing at the forefront of China\’s reform and opening up,

National Museum of China reports over 6.75 million visits in 2023

wangxiao01/26/20240

BEIJING, Jan. 25 (Xinhua) — The National Museum of China saw more than 6.75 million visits in 2023, with people below the age of 35 accounting for more than 60 percent of that number, sources with th

U.S. GDP grows 2.5 pct in 2023 amid resilient consumer spending

wangxiao01/26/20240

WASHINGTON, Jan. 25 (Xinhua) — The U.S. real gross domestic product (GDP) grew 2.5 percent in 2023, with the fourth quarter increasing at an annual rate of 3.3 percent, the Commerce Department\’s Bure

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