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Tag: spending

Growth of U.S. retail sales down to 3.1 pct this holiday season: Mastercard

wangxiao12/28/20230

NEW YORK, Dec. 26 (Xinhua) — U.S. retail sales excluding automobiles grew 3.1 percent year on year in the period from Nov. 1 to Dec. 24, 2023, according to preliminary data in the latest Mastercard S

Efforts for gaming sector\’s healthy growth stressed

wangxiao12/27/20230

China\’s domestic video game approvals in December hit a 17-month high, signaling the country\’s dedicated efforts to foster healthy and high-quality development of the sector, analysts said.
On Monday,

China to \”appropriately\” strengthen proactive fiscal policy in 2024: minister

wangxiao12/27/20230

BEIJING, Dec. 22 (Xinhua) — China will continue to implement its proactive fiscal policy by \”appropriately\” strengthening it to improve its effectiveness in 2024, according to Minister of Finance Lan

U.S. Q3 GDP growth revised down to annual rate of 4.9 pct

wangxiao12/27/20230

WASHINGTON, Dec. 21 (Xinhua) — The U.S. real gross domestic product (GDP) growth in the third quarter of 2023 was revised down to an annual rate of 4.9 percent in its third and final estimate, the Co

10 sets of data decoding China\’s transformation in the new era

wangxiao12/27/20230

BEIJING, Dec. 20 (Xinhua) — China has made historic achievements in economic and social spheres in the new era.
Considering these accomplishments, Xinhua has compiled data and facts showcasing advanc

China\’s cultural, tourism sectors see robust recovery, expect higher-quality development

wangxiao12/27/20230

Tourists visit the Palace Museum in snow in Beijing, capital of China, Dec. 13, 2023. (Xinhua/Li Xin)
BEIJING, Dec. 14 (Xinhua) — China\’s tourism market experienced a remarkable surge during the firs

1 in 5 people in Western Pacific grapples with \”catastrophic\” health cost, WHO says

wangxiao12/27/20230

MANILA, Dec. 11 (Xinhua) — One in five people, or an estimated 385 million, in the Western Pacific region have grappled with \”catastrophic\” health expenses, according to a new World Health Organizati

Tech reunites missing boy with family after 25 years

wangxiao12/27/20230

It took 25 long years, but on Friday, 52-year-old Xie Kefeng was finally reunited with his son, who had been snatched from his parents as an infant. The power of technology, specifically a facial comp

China\’s R&D spending exceeds 3 trln yuan in 2022

wangxiao09/18/20230

BEIJING, Sept. 18 (Xinhua) — China\’s total expenditure on research and development (R&D) exceeded 3 trillion yuan (about 418.2 billion U.S. dollars) in 2022, up 10.1 percent year on year, the Nationa

U.S. growth greatly depends on deficits, debt: Financial Times

wangxiao07/22/20230

LONDON, July 20 (Xinhua) — U.S. growth depends on deficits and debt to a much extent, and the country is now the biggest deficit spender in the developed world, an opinion article published by the Fi

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