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Tag: trillion

China\’s rural bank issues about 1.61 trln yuan of loans in H1

wangxiao07/17/20230

BEIJING, July 17 (Xinhua) — The Agricultural Development Bank of China, a rural policy bank, issued about 1.61 trillion yuan (about 225.72 billion U.S. dollars) of loans in the country in the first h

China\’s power generation up 3.8 pct in H1

wangxiao07/17/20230

BEIJING, July 17 (Xinhua) — China\’s power generation climbed 3.8 percent year on year in the first half of this year, official data showed on Monday.
The country\’s total power generation reached near

China\’s power use up 5 percent in H1

wangxiao07/17/20230

BEIJING, July 16 (Xinhua) — China\’s electricity consumption, a key barometer of economic activity, registered steady growth in the first six months of 2023, official data showed.
In the first half of

Balance of loans in Shanghai up 7.7 pct at end of June

wangxiao07/17/20230

SHANGHAI, July 16 (Xinhua) — The balance of loans in Shanghai, including all currencies, stood at 10.91 trillion yuan (1.53 trillion U.S. dollars) at the end of June 2023, up 7.7 percent year on year

China\’s marine economy demonstrates high-quality development

wangxiao07/14/20230

China\’s gross ocean product reached 9.46 trillion yuan (US$1.31 trillion) in 2022, accounting for 7.8% of the country\’s GDP. Emerging marine industries maintained rapid growth momentum, with new order

China\’s yuan loans grow by 15.73 trln yuan in H1

wangxiao07/12/20230

File photo shows a bank staff member counts 100-yuan banknotes at the Beijing Branch of the Bank of Communication in Beijing, capital of China. (Xinhua/Li Xin)
BEIJING, July 11 (Xinhua) — China\’s yua

Balance of loans up in China\’s Yangtze River Delta

wangxiao07/10/20230

SHANGHAI, July 8 (Xinhua) — The balance of loans in the Yangtze River Delta region was 61.2 trillion yuan (about 8.5 trillion U.S. dollars) at the end of May, up 13.8 percent year on year.
Of the tot

China\’s forex reserves up in June

wangxiao07/07/20230

BEIJING, July 7 (Xinhua) — China\’s foreign exchange reserves came in at 3.193 trillion U.S. dollars at the end of June, up from 3.17651 trillion U.S. dollars a month earlier, according to the State A

China\’s services trade sustains growth in first 5 months

wangxiao07/07/20230

BEIJING, July 6 (Xinhua) — China\’s services trade sustained its growth momentum in the first five months of the year, official data showed Thursday.
The country\’s services trade reached nearly 2.61 t

China making its mark in global services trade

wangxiao07/06/20230

China has expanded its share of global commercial services exports from 3 percent in 2005 to 5.4 percent in 2022, according to a report jointly released by the World Bank Group and World Trade Organiz

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