U.S. Federal Reserve Chair Jerome Powell (Rear) attends a press conference in Washington, D.C., the United States, on May 3, 2023. (Xinhua/Liu Jie)
\”The problem of rising interest rates is undermining
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China\’s Tibet sees tourism boom during May Day holiday
LHASA, May 5 (Xinhua) — Southwest China\’s Tibet Autonomous Region received over 1.16 million tourist arrivals during the May Day holiday, 2.37 times that in 2019 before the outbreak of the COVID-19 e
China\’s non-ferrous metal industry reports rapid growth in Q1
BEIJING, May 4 (Xinhua) — China\’s non-ferrous metal sector logged rapid expansion in production in the first quarter of 2023, industrial data showed on Thursday.
The industrial added value of major e
China registers over 1.25 mln daily entry, exit trips during May Day holiday
BEIJING, May 4 (Xinhua) — Border inspection agencies across China have seen an average of over 1.25 million inbound and outbound trips made per day during the five-day May Day holiday that ended on W
China\’s logistics sector posts stable growth in Q1
BEIJING, May 4 (Xinhua) — China\’s logistics sector reported steady growth in the first quarter of 2023, according to an industry report.
Social logistics rose 3.9 percent year on year to 84.3 trillio
China\’s roads, waterways investment up 15 pct in Q1
BEIJING, May 3 (Xinhua) — China\’s fixed-asset investment in roads and waterways jumped 15 percent year on year during the first quarter of this year, official data shows.
More than 588.9 billion yuan
ChiNext-listed companies report improved revenue in 2022
BEIJING, May 3 (Xinhua) — Enterprises listed on China\’s NASDAQ-style board ChiNext saw improved performance in 2022, data shows.
Their average business revenue stood at about 2.81 billion yuan (about
Starbucks reports China recovery as customers return to stores
SHANGHAI, May 3 (Xinhua) — U.S. coffee giant Starbucks said Wednesday that the company has posted a recovery in its Chinese mainland business this year, fueled by a rebound in traffic as customers re
Shanghai sees strong exports of new energy products in Q1
SHANGHAI, May 2 (Xinhua) — Exports of new energy products, including electric vehicles, lithium-ion batteries, solar cells, handled by the Shanghai Customs posted strong growth in the first quarter o
China Focus: May Day holiday tourism boom fuels market rebound
People visit Jianchang ancient city in Xichang, southwest China\’s Sichuan Province, May 1, 2023. China is witnessing a travel boom during this year\’s five-day May Day holiday. (Photo by Li Jieyi/Xinhu