Republican House Speaker Kevin McCarthy (R) and U.S. Senate Republican Leader Mitch McConnell speak to the press after a high-profile debt ceiling meeting in Washington, D.C., the United States, May 9
Tag: trillion
Agricultural Bank of China ups support for manufacturing sector
BEIJING, May 9 (Xinhua) — The Agricultural Bank of China, one of the country\’s largest commercial lenders, has scaled up support for the manufacturing sector.
As of the end of March, the bank\’s outst
China\’s foreign trade up 5.8 pct in first four months
BEIJING, May 9 (Xinhua) — China\’s total imports and exports expanded 5.8 percent year on year to 13.32 trillion yuan in the first four months of 2023, official data showed Tuesday.
Exports grew 10.6
China\’s power consumption likely to rise 6 pct in 2023
BEIJING, May 7 (Xinhua) — The China Electricity Council has predicted that the country\’s power use will register stable growth in 2023 driven by the overall recovery of the country\’s economy.
The ele
Opinion: Proper use of AI can empower China\’s high-quality development in new era
A visitor shakes hands with an intelligent robot at Hannover Messe 2023 in Hannover, Germany, April 19, 2023. (Xinhua/Ren Pengfei)
Now, AI 2.0 is coming.
The cost of commercializing AI 1.0 is too high
China ups financial support for agriculture, rural areas
BEIJING, April 29 (Xinhua) — China strengthened financial support for rural areas, the agriculture sector and farmers in the first quarter of this year, with related loans and insurance premiums logg
China\’s industrial profits decline in Q1 but signs of recovery
BEIJING, April 27 (Xinhua) — China\’s major industrial firms experienced a decline in profits during the first quarter of 2023, but signs of recovery emerged with demand on the mend, data from the Nat
Value of loans to manufacturing sector up in Q1 in China
BEIJING, April 26 (Xinhua) — The value of loans to the manufacturing sector in China in the first quarter of 2023 was higher compared with the same period last year, official data showed on Wednesday
China\’s Jiangsu sees GDP up 4.7 pct in Q1
NANJING, April 25 (Xinhua) — The gross domestic product (GDP) of east China\’s Jiangsu Province grew by 4.7 percent year on year in the first quarter of 2023, exceeding 2.9 trillion yuan (about 419.7
Balance of loans in Shanghai rises at end of March
SHANGHAI, April 24 (Xinhua) — The balance of loans in Shanghai, including all currencies, stood at 10.82 trillion yuan (about 1.57 trillion U.S. dollars) at the end of March, up 8.1 percent year on y