This aerial photo taken on April 6, 2023 shows a container ship at the smart zero-carbon terminal of Tianjin Port in north China\’s Tianjin Municipality. Tianjin Port handled approximately 5.047 millio
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Global luxury brands poised for new take-off in China
BEIJING, April 19 (Xinhua) — Global luxury brands are poised to unlock fresh business growth points and tap into the vast Chinese consumer market, as China\’s economy is showing a faster-than-expected
China\’s Zhejiang posts trade recovery in Q1
HANGZHOU, April 18 (Xinhua) — East China\’s Zhejiang Province saw its foreign trade reverse to growth within the first quarter of 2023 as the economy gained momentum with the easing of COVID-19 restri
China\’s fiscal revenue up in Q1
BEIJING, April 18 (Xinhua) — China\’s fiscal revenue increased 0.5 percent year on year in the first quarter of 2023, official data showed on Tuesday.
The country\’s fiscal revenue amounted to more tha
China EximBank extends 300 bln yuan of loans to manufacturing sector in Q1
BEIJING, April 16 (Xinhua) — The Export-Import Bank of China (China EximBank) said it has issued 300 billion yuan (43.73 billion U.S. dollars) of loans to the country\’s manufacturing industry during
China\’s power use up 3.6 pct in Q1
BEIJING, April 14 (Xinhua) — China\’s electricity consumption, a key barometer of economic activity, saw an increase in the first quarter of this year.
Total power use in China rose 3.6 percent year o
China\’s continued tax, fee cuts bolster business confidence
BEIJING, April 14 (Xinhua) — Chinese enterprises are more vigorously making investments and expanding production thanks in part to intensified government efforts to ease business burdens and spur mar
China\’s new yuan loans rise to 3.89 trln yuan in March
BEIJING, April 11 (Xinhua) — China\’s new yuan-denominated loans totaled 3.89 trillion yuan (about 564.73 billion U.S. dollars) in March, up from 1.81 trillion yuan in February, central bank data show
China\’s forex reserves rise in March
BEIJING, April 7 (Xinhua) — China\’s foreign exchange reserves came in at 3.1839 trillion U.S. dollars at the end of March, up 1.62 percent from a month earlier, according to the State Administration
China\’s SOEs see steady revenue growth
BEIJING, March 30 (Xinhua) — China\’s state-owned enterprises (SOEs) saw increased revenues in the first two months of this year, official data shows.The SOEs raked in 12.24 trillion yuan (about 1.78