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Tag: trillion

China\’s property investment cools in first 11 months

wangxiao12/27/20230

BEIJING, Dec. 15 (Xinhua) — China\’s investment in property development cooled in the first 11 months of 2023, down 9.4 percent year on year, the National Bureau of Statistics (NBS) said Friday.
Inves

China\’s domestic tourism revenue up 114 pct year-on-year in first three quarters

wangxiao12/27/20230

BEIJING, Dec. 14 (Xinhua) — China\’s tourism market experienced a remarkable surge during the first three quarters of this year, a senior cultural and tourism official said on Thursday.
Domestic touri

Public-private partnerships encouraged

wangxiao12/27/20230

JIN DING/CHINA DAILY
Mechanism could help relieve governments\’ financial burdens
China has issued a guideline that includes a raft of policies that would make it easier for public and private sector e

China\’s number of national high-tech zones increases to 178: official

wangxiao12/27/20230

BEIJING, Dec. 12 (Xinhua) — China\’s total number of national high-tech industrial development zones had reached 178 as of the end of November, an official said Tuesday.
In the first three quarters of

China\’s forex reserves up in November

wangxiao12/27/20230

BEIJING, Dec. 7 (Xinhua) — China\’s foreign exchange reserves came in at 3.1718 trillion U.S. dollars at the end of November, up from 3.1012 trillion dollars at the end of October, the State Administr

China\’s foreign trade up 1.2 pct in November

wangxiao12/27/20230

BEIJING, Dec. 7 (Xinhua) — China\’s total goods imports and exports expanded 1.2 percent year on year in November, official data showed Thursday.
Last month, the country\’s foreign trade stood at 3.7 t

More expansionary fiscal policy expected next year

wangxiao12/27/20230

China can adopt a more expansionary fiscal policy next year to underpin economic recovery amid multiple challenges including the downturn in the property market and stress from local government debts,

China\’s public offering fund value tops 27 trln yuan

wangxiao12/27/20230

BEIJING, Dec. 3 (Xinhua) — Assets under the management of China\’s public offering funds totaled 27.38 trillion yuan (about 3.85 trillion U.S. dollars) by the end of October, data from the Asset Manag

China\’s logistics sector sustains growth

wangxiao12/27/20230

BEIJING, Dec. 2 (Xinhua) — China\’s logistics industry continued to rally as the import logistics improved and the holiday economy helped release consumption logistic demands, according to an industry

China\’s central bank injects liquidity into market

wangxiao12/27/20230

BEIJING, Dec. 1 (Xinhua) — China\’s central bank pumped cash into the money market in November to meet the liquidity demand from financial institutions.
A total of 1.45 trillion yuan (about 203.9 bill

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