In the US, some are pushing a narrative about Chinese overcapacity in the new energy sector.
They argue that China\’s excess production of new energy vehicles, lithium-ion batteries and photovoltaic pr
Tag: net
Revenue of China\’s top liquor brand up 18.04 percent in 2023
GUIYANG, April 3 (Xinhua) — China\’s leading liquor maker Kweichow Moutai posted an operating revenue of 150.56 billion yuan (about 20.81 billion U.S. dollars) in 2023, up 18.04 percent year on year.
China\’s property market showing positive signs: PBC governor
China\’s property market is showing positive signs, with a solid foundation for long-term stable development and a limited impact on the financial system, China\’s central bank governor said at the Chin
Shenzhen vigorously promotes mangrove forest protection
Shenzhen in south China\’s Guangdong Province has actively promoted mangrove forest protection, the protection of waterfowl habitats, and science popularization in recent years, striving to achieve coo
Huaxia Bank reports 5.3 pct growth in 2023 net profits
BEIJING, Feb. 22 (Xinhua) — Mid-size Chinese lender Huaxia Bank reported steady growth in net profits last year.
The bank raked in 26.36 billion yuan (3.71 billion U.S. dollars) in net profits, up 5.
Chinese commercial banks see profits up 3.2 pct in 2023
BEIJING, Feb. 21 (Xinhua) — China\’s commercial banks reported a profit growth of 3.2 percent in 2023, data from the banking regulator showed on Wednesday.
Net profits of commercial lenders hit 2.4 tr
Declining piano sales a sign of shift in focus
Born into a family of limited means in a small county in Northeast China\’s Liaoning province, Zhang Xin was envious of her classmates who had the opportunity to learn to play the piano.
When she becam
Majority of Australians believe relationship with China improving: poll
CANBERRA, Dec. 19 (Xinhua) — A majority of Australians believe the bilateral relationship with China is improving, a poll has found.
The poll, which was published by the daily newspaper the Australia
Australia to cut migrant intake under major overhaul
CANBERRA, Dec. 11 (Xinhua) — The Australian government will apply greater scrutiny to international students applying for visas under a major overhaul of the migration system.
Minister for Home Affai
China\’s manufacturing hub tackles sluggish foreign demand with industrial upgrade, innovation
GUANGZHOU, Dec. 1 (Xinhua) — Due to factors like the pandemic and soaring inflation in some Western countries, Dongguan, a manufacturing powerhouse in south China\’s Guangdong Province, faced a declin