BEIJING, April 27 (Xinhua) — China\’s major industrial firms experienced a decline in profits during the first quarter of 2023, but signs of recovery emerged with demand on the mend, data from the Nat
Tag: March
Value of loans to manufacturing sector up in Q1 in China
BEIJING, April 26 (Xinhua) — The value of loans to the manufacturing sector in China in the first quarter of 2023 was higher compared with the same period last year, official data showed on Wednesday
China\’s postal sector registers robust growth in Q1
BEIJING, April 26 (Xinhua) — China\’s postal sector registered a robust expansion in both business revenue and parcel volume in the first quarter, laying a solid foundation for the industry\’s whole-ye
Net profit of China\’s top liquor brand posts strong growth in Q1
GUIYANG, April 26 (Xinhua) — China\’s leading liquor maker Kweichow Moutai posted a net profit of about 20.8 billion yuan (about 3 billion U.S. dollars) in the first quarter of 2023, up 20.59 percent
East China province sees 5G base stations exceed 200,000
NANJING, April 25 (Xinhua) — The number of 5G base stations in Jiangsu Province, an economic powerhouse in east China, increased to 202,000 by the end of March amid the province\’s drive to foster 5G
World shifts away from using the dollar
A ship carrying soybeans from Brazil arrives at a port in Haikou, Hainan province, in July. GUO CHENG/XINHUA
Yuan used increasingly in preference to US currency for trade settlements
Economies across
China\’s gold output up 1.88 pct in Q1
BEIJING, April 25 (Xinhua) — China produced 84.972 tonnes of gold in the first quarter of this year, an increase of 1.571 tonnes or 1.88 percent from the same period last year, industry data showed o
Balance of loans in Shanghai rises at end of March
SHANGHAI, April 24 (Xinhua) — The balance of loans in Shanghai, including all currencies, stood at 10.82 trillion yuan (about 1.57 trillion U.S. dollars) at the end of March, up 8.1 percent year on y
China\’s renewable energy capacity surges in Q1
BEIJING, April 23 (Xinhua) — China\’s installed clean energy capacity registered robust growth in the first three months of the year, data from the National Energy Administration showed on Sunday.
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China\’s steel output up in Q1
BEIJING, April 22 (Xinhua) — China\’s steel sector saw output expansion in the first quarter of the year, industrial data showed.
In the January-March period, crude steel output rose 6.1 percent year