BEIJING, Oct. 26 (Xinhua) — China\’s central bank conducted 424 billion yuan (about 59.07 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Thursday.
The move aims to
Tag: rate
China\’s central bank adds liquidity via reverse repos
BEIJING, Oct. 20 (Xinhua) — China\’s central bank conducted 828 billion yuan (about 115.33 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Friday.
The move aims to
Interview: Economist says China has ample policy space to boost economy
BEIJING, Oct. 19 (Xinhua) — China has ample policy space to boost economic growth and handle challenges, and the economy is set to achieve its 2023 growth target, said Pan Jiancheng, a Chinese macroe
China’s GDP expands 4.9% in Q3 as economic recovery momentum strengthens
China\’s GDP expanded 4.9 percent year-on-year in the third quarter of the year, beating economists\’ forecast of 4.4 percent year-year-year, as the economy sustained its recovery momentum thanks to the
Egypt issues 3.5-bln-yuan sustainable panda bonds
CAIRO, Oct. 16 (Xinhua) — Egypt issued on Monday sustainable panda bonds in the Chinese financial market in the amount of about 3.5 billion yuan (nearly 479 million U.S. dollars).
In a statement, Egy
3rd Belt and Road Forum will be a landmark event: Pakistani expert
China will host the third Belt and Road Forum for International Cooperation from Oct. 17 to 18 in Beijing. It will not only be the grandest event to commemorate the 10th anniversary of the Belt and Ro
China\’s GDP expected to grow at around 4% in Q3
China\’s GDP is expected to grow 4.1 percent year-on-year in the third quarter of this year, Securities Daily reported on Thursday.
The Chinese economy has shown a trend of stabilization and recovery,
Trade between China\’s Shaanxi, BRI partners quadruples over past decade
XI\’AN, Oct. 10 (Xinhua) — Trade between northwest China\’s Shaanxi Province with Belt and Road Initiative (BRI) partners quadrupled over the past decade, said local authorities on Tuesday.
Over the pa
2 scientists share 2023 Nobel Prize in Physiology or Medicine
The announcement of the 2023 Nobel Prize in Physiology or Medicine is held at the Karolinska Institute in Stockholm, Sweden, on Oct. 2, 2022. Two scientists, Katalin Kariko and Drew Weissman, won the
China sees growth in inclusive loans to small businesses
BEIJING, Sept. 29 (Xinhua) — The balance of China\’s inclusive loans to small and micro businesses stood at 27.8 trillion yuan (about 3.87 trillion U.S. dollars) at the end of August, the country\’s ce