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Tag: rate

Experts urge more support on monetary, fiscal policy

wangxiao07/18/20230

An employee works at a smart production facility in Tianjin. [Photo/Xinhua]
Recovery: Private economy to get a boost
China\’s economy grew more slowly than expected in the second quarter of the year, a

New drivers expected to propel China\’s future economic growth

wangxiao07/17/20230

BEIJING, July 17 (Xinhua) — New drivers are expected to support China\’s future economic growth, guest speakers told the China Economic Roundtable hosted by Xinhua News Agency.
Fu Linghui, spokesperso

Montreux Jazz Festival closes, with an eye to its 2nd event in China

wangxiao07/17/20230

MONTREUX, Switzerland, July 15 (Xinhua) — The 57th Montreux Jazz Festival, which drew around 250,000 visitors to the shores of Lake Geneva over the past 16 days, came to a close on Saturday.
The even

China\’s unconventional water use to top 17 bln cubic meters by 2025

wangxiao07/03/20230

BEIJING, July 2 (Xinhua) — China\’s total annual consumption of unconventional water resources is expected to exceed 17 billion cubic meters by 2025, according to a recent guideline issued by the Mini

Commentary: Global human rights cause calls for unity, action

wangxiao06/27/20230

BEIJING, June 26 (Xinhua) — Everyone has the right to life, liberty and security of person. With this year marking the 75th anniversary of the Universal Declaration of Human Rights, the world needs s

UK households feeling squeeze due to stubbornly high inflation

wangxiao06/22/20230

LONDON, June 21 (Xinhua) — The latest official figures showed on Wednesday that the United Kingdom\’s (UK) inflation in May remained stubbornly high, and amid still soaring prices, households are feel

China cuts benchmark lending rate LPR

wangxiao06/20/20230

BEIJING, June 20 (Xinhua) — China on Tuesday cut the market-based benchmark lending rate.
The one-year loan prime rate (LPR) came in at 3.55 percent Tuesday, down from the previous reading of 3.65 pe

China\’s retail sales rally, consolidating economic recovery

wangxiao06/15/20230

BEIJING, June 15 (Xinhua) — China\’s retail sales of consumer goods, a major indicator of the country\’s consumption strength, continued to see robust growth in May, providing a boost to the country\’s

China\’s industrial output up 3.5 pct in May

wangxiao06/15/20230

BEIJING, June 15 (Xinhua) — China\’s value-added industrial output, an important economic indicator, went up 3.5 percent year on year in May, data from the National Bureau of Statistics showed Thursda

Australia\’s population growth boosted by overseas migration

wangxiao06/15/20230

CANBERRA, June 15 (Xinhua) — Australia\’s population rose to about 26.3 million people at the end of December 2022, marking an increase of 496,800 people from a year earlier, showed data published by

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