BEIJING, Feb. 4 (Xinhua) — China is continuing to make concrete efforts to deepen the financial sector\’s role in serving the real economy as the fundamental goal of high-quality financial development
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PBOC unveils relending facility for tech innovation, transformation
The People\’s Bank of China has established a relending facility to support technological innovation and transformation, showcasing the central bank\’s commitment to providing accurate and effective sup
China collects over 530,000 new agricultural germplasm resources
SANYA, March 18 (Xinhua) — China collected more than 530,000 agricultural germplasm resources during a national census on these resources that concluded in 2023, according to a seed industry conferen
Anta boss promotes \’Jinjiang Experience\’
A worker operates on a footwear production line of Chinese sportswear brand Anta in Jinjiang, Fujian province, in February 2021. CHINA DAILY
The \”Jinjiang Experience\” should be promoted nationwide to
Xinjiang sees record number of high-tech firms
URUMQI, March 8 (Xinhua) — Northwest China\’s Xinjiang Uygur Autonomous Region had 1,911 high-tech enterprises in 2023, spanning fields such as smart agriculture, new energy, and new materials, hittin
AI Vibes | World\’s largest growth engine: How China\’s economic performance nullifies malign viewpoints
Not long ago, China released annual economic data showing that its GDP exceeded 126 trillion yuan (about $17.5 trillion) in 2023, registering 5.2 percent growth year-on-year, higher than the expected
China\’s gov\’t departments handle 12,480 suggestions, proposals last year
Government departments under China\’s State Council handled 12,480 suggestions and proposals submitted by deputies to the National People\’s Congress (NPC) and members of the National Committee of the C
China to defuse risks in real estate, local gov\’t debt, small and medium-sized financial institutions
BEIJING, March 5 (Xinhua) — China will address both the symptoms and root causes to defuse risks in real estate, local government debt, and small and medium-sized financial institutions to safeguard
China\’s high-quality economic development good news to world
Following the release of China\’s 2023 economic data by the National Bureau of Statistics, it is acknowledged globally that China\’s economy has successfully withstood challenges and experienced a stron
Commercial real estate defaults could spark second round of U.S. banking crisis in 2024
WASHINGTON, Dec. 29 (Xinhua) — A possible wave of commercial real estate defaults threatens to prolong the U.S. regional banking crisis into 2024, according to some experts.
\”It is all too likely tha