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Tag: period

China\’s industrial profits decline in first 2 months but expect recovery

wangxiao03/27/20230

BEIJING, March 27 (Xinhua) –China\’s major industrial firms experienced a decline in profits during the first two months of this year, however there are signs of recovery in sight as demand continues

China CITIC Bank net profit up 11.61 pct in 2022

wangxiao03/27/20230

BEIJING, March 26 (Xinhua) — China CITIC Bank, one of China\’s joint-stock commercial banks, reported net profit growth of 11.61 percent in 2022.The bank raked in 62.1 billion yuan (about 9.1 billion

Profits of China\’s home appliance sector surge 19.9 pct in 2022

wangxiao03/27/20230

BEIJING, March 25 (Xinhua) — China\’s home appliance sector logged robust growth in 2022, with its profits soaring 19.9 percent year on year, industry data shows.During the period, the sector\’s combin

Chinese auto enterprises roll out stimulus measures to spur consumption

wangxiao03/24/20230

NANNING, March 24 (Xinhua) — Zhou Min, a car salesperson at an Audi 4S store in Nanning, capital of south China\’s Guangxi Zhuang Autonomous Region, handed over the key of an Audi Q4 to a buyer, marki

China advances to quarters at AFC Beach Soccer Asian Cup

wangxiao03/22/20230

PATTAYA, Thailand, March 21 (Xinhua) — China advanced to the quarterfinals at the Asian Football Confederation (AFC) Beach Soccer Asian Cup 2023 after a close 5-4 victory against Indonesia here on Tu

Chinese premier urges good start for all work

wangxiao03/18/20230

Chinese Premier Li Qiang presides over the first plenary meeting of China\’s new-term State Council, in Beijing, capital of China, March 17, 2023. (Xinhua/Wang Ye)BEIJING, March 17 (Xinhua) — Chinese

Aggressive U.S. rate hikes blamed for Silicon Valley Bank collapse

wangxiao03/17/20230

People queue up outside the headquarters of the Silicon Valley Bank (SVB) in Santa Clara, California, the United States, March 13, 2023. (Photo by Li Jianguo/Xinhua)Neil Shearing, chief economist at C

Online consumers\’ rights better protected

wangxiao03/16/20230

Volunteers instruct residents on how to protect their consumer rights at a village in Rugao, Jiangsu province, on Wednesday, World Consumer Rights Day. XU HUI/FOR CHINA DAILYConsumers have been given

India\’s exports to rise over 15 pct in 2022-23 FY

wangxiao03/16/20230

NEW DELHI, March 15 (Xinhua) — India\’s aggregate exports are expected to grow over 15 percent in the current financial year (April 2022-March 2023) over the last financial year, the government and in

China\’s service sector reports accelerated recovery in Jan-Feb

wangxiao03/15/20230

BEIJING, March 15 (Xinhua) — China\’s service sector witnessed an accelerated recovery momentum in the first two months of 2023, official data showed Wednesday.The index gauging the country\’s service

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