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Tag: interest

China lays out tasks for deepening reform of medical, healthcare systems in H2

wangxiao07/25/20230

BEIJING, July 25 (Xinhua) — The Chinese government has announced key tasks for deepening the reform of medical and healthcare systems for the second half of the year.
The tasks include expanding the

Opinion: U.S. should push itself harder on global debt relief

wangxiao07/18/20230

BEIJING, July 17 (Xinhua) — As G20 finance ministers gather in India, U.S. Treasury Secretary Janet Yellen said that she was \”eager\” to work with China on debt restructurings for poorer countries and

Xi stresses advancing high-quality development of internet and information technology sector

wangxiao07/17/20230

BEIJING, July 16 (Xinhua) — Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee, Chinese president and chairman of the Central Military Commission, has given importa

Global wig industry thrives in Xuchang, C China\’s Henan

wangxiao07/06/20230

Xuchang, a city in central China\’s Henan Province, commands over 60 percent of the global wig market. In 2022, the city\’s import and export value for wig products reached 17.9 billion yuan ($2.47 bill

Vocational education turns youngsters into world champions

wangxiao06/25/20230

GUANGZHOU, June 25 (Xinhua) — Guangdong Machinery Technician College may not sound like an elite educational institute, but the vocational college in south China\’s economic powerhouse Guangdong Provi

Consumer market buoyed by shopping carnival, Father\’s Day

wangxiao06/19/20230

Consumers attend the opening ceremony of the new Jingxi Joy City shopping mall in Beijing on Sunday. This year\’s June 18 shopping festival and Father\’s Day, which also fell on Sunday, saw strong consu

U.S. Fed pauses hike of interest rates

wangxiao06/15/20230

Photo taken on June 1, 2022, shows the U.S. Federal Reserve in Washington, D.C., the United States. (Xinhua/Liu Jie)
Notably, monetary policy makers from the Fed raised their projection of the federal

China cuts interest rates on standing lending facility

wangxiao06/14/20230

BEIJING, June 13 (Xinhua) — China\’s central bank lowered interest rates on standing lending facility on Tuesday, with the overnight rate cut by 10 basis points to 2.75 percent. 

Loans issued from China\’s housing provident fund top 1 trln yuan in 2022

wangxiao06/09/20230

BEIJING, June 8 (Xinhua) — China issued over 1.18 trillion yuan (about 166.1 billion U.S. dollars) worth of mortgage loans from the housing provident fund in 2022, benefitting more home buyers, offic

Central and Eastern European businesses bullish on sales, opportunities in China

wangxiao05/20/20230

NINGBO, China, May 20 (Xinhua) — Businesses from Central and Eastern European Countries (CEEC) and beyond have been eyeing a key commerce and trade expo being held this week in eastern China\’s port c

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