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Tag: trillion

Commentary: Washington is hitting gas on de-dollarization

wangxiao06/01/20230

BEIJING, May 31 (Xinhua) — In the wake of World War II, the United States joined many Western countries and built the Bretton Woods system, laying the foundation for the current international monetar

China\’s food industry sees steady growth in 2022

wangxiao05/29/20230

GUANGZHOU, May 29 (Xinhua) — China\’s food industry registered steady growth in 2022 and is expected to maintain growth momentum this year, according to an industrial association.
Major food companies

Agricultural Bank of China steps up support for rural revitalization

wangxiao05/27/20230

BEIJING, May 27 (Xinhua) — The Agricultural Bank of China, one of the country\’s largest commercial lenders, has scaled up support for rural revitalization, according to the latest data from the bank.

China\’s int\’l trade in goods, services up 7 pct in April

wangxiao05/27/20230

BEIJING, May 26 (Xinhua) — China\’s international trade in goods and services increased by 7 percent year on year last month to nearly 3.67 trillion yuan, or 533 billion U.S. dollars, official data sh

Steady power consumption growth mirrors China\’s economic recovery

wangxiao05/27/20230

Staff members of the Guizhou branch of the China Southern Power Grid use a robot to conduct inspections at a power substation in Tongren, southwest China\’s Guizhou Province, Oct. 23, 2022. (Photo by F

Shanghai sees steady increase in foreign trade

wangxiao05/22/20230

SHANGHAI, May 22 (Xinhua) — The foreign trade of China\’s economic hub Shanghai registered a steady recovery this year, customs data shows.
In the first four months, the total value of Shanghai\’s fore

G7\’s lack of international credibility on full display with its baseless allegations against China

wangxiao05/22/20230

People rally in a protest against the Group of Seven (G7) summit in Hiroshima, Japan, May 21, 2023. (Xinhua/Zhang Xiaoyu)
The Group of Seven (G-7) was formed in the wake of the first oil shock of the

Balance of loans in Shanghai rises at end of April

wangxiao05/22/20230

SHANGHAI, May 21 (Xinhua) — The balance of loans in Shanghai, including all currencies, stood at 10.79 trillion yuan (about 1.53 trillion U.S. dollars) at the end of April, up 8.5 percent year on yea

China\’s fiscal revenue sustains growth in first 4 months

wangxiao05/18/20230

BEIJING, May 18 (Xinhua) — China\’s fiscal revenue has maintained steady growth momentum in the first four months of 2023, official data showed on Thursday.
The country\’s fiscal revenue expanded 11.9

China\’s fixed-asset investment up 4.7 pct in first four months

wangxiao05/16/20230

BEIJING, May 16 (Xinhua) — China\’s fixed-asset investment went up 4.7 percent year on year in the first four months of 2023, data from the National Bureau of Statistics showed Tuesday.
Fixed-asset in

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