BEIJING, Jan. 25 (Xinhua) — China\’s central bank will next month lower the amount of reserve requirement that financial institutions have to set aside, amid efforts to support economic recovery and c
Tag: market
PBOC solicits public opinion on overseas institutional investors conducting bond repos in interbank market
BEIJING, Jan. 24 (Xinhua) — The People\’s Bank of China (PBOC) on Wednesday began soliciting public opinion on a circular concerning support for overseas institutional investors to carry out bond repu
China\’s gold output, consumption rise in 2023
BEIJING, Jan. 25 (Xinhua) — China produced 375.16 tonnes of gold in 2023, up 0.84 percent from a year earlier, industry data showed Thursday.
In 2023, gold consumption in China stood at 1,089.69 tonn
Harbin\’s morning markets attract tourists
A vendor sells strawberries at the Hongzhuan Morning Market in Harbin, northeast China\’s Heilongjiang Province, Jan. 22, 2024. (Xinhua/Cai Yang)
Harbin\’s morning markets, known for their diverse offer
Local street market bustles with activity as Spring Festival approaches
As the Spring Festival draws near, the local street market in Licun village, Shandong Province, is abuzz with activity. Residents and visitors alike flock to the market to stock up on essentials and f
Interview: Primavera Capital CEO refutes narratives calling China \”uninvestable\”
DAVOS, Switzerland, Jan. 24 (Xinhua) — Narratives calling China \”uninvestable\” are \”purely nonsense,\” a senior executive of Primavera Capital Group, an Asia Pacific-based investment firm, has said.
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China fostering new competitive edges to bolster foreign trade in 2024
Vehicle carrier vessel \”BYD EXPLORER NO.1\” arrives at Xiaomo International Logistics Port in Shenzhen, south China\’s Guangdong Province, Jan. 14, 2024. (Xinhua)
BEIJING, Jan. 22 (Xinhua) — China is b
Young people savor beauty of Chinese dance dramas
XI\’AN, Jan. 22 (Xinhua) — For Lyu Hang, an avid fan of theater performances, attending as many as 10 dance dramas with diverse themes during the past year provided her with both emotional and spiritu
China\’s consumer market enjoys festive aura as Spring Festival approaches
A shopping fair held for the coming Spring Festival in Beijing is packed with citizens looking to make special purchases for the Spring Festival. (People\’s Daily Online/Wang Tianle) Chinese cities are
Chinese-brand passenger car sales soar 24.1 pct in 2023
BEIJING, Jan. 16 (Xinhua) — Chinese-brand passenger vehicle sales jumped 24.1 percent year on year in 2023 to 14.6 million units, industry data shows.
The market share of such vehicles hit 56 percent