BEIJING, Feb. 27 (Xinhua) — China\’s import logistics registered steady expansion in 2023, data from the China Federation of Logistics and Purchasing showed.
The country\’s total value of import logist
Tag: trillion
China\’s public offering fund value hits 27.36 trln yuan
BEIJING, Feb. 24 (Xinhua) — The assets under the management of China\’s public offering funds reached 27.36 trillion yuan (about 3.85 trillion U.S. dollars) in January, data from the Asset Management
Chinese banks report forex settlement deficit in January
BEIJING, Feb. 23 (Xinhua) — China\’s commercial banks saw a net forex settlement deficit of 70.1 billion yuan (about 9.9 billion U.S. dollars) in January, official data showed on Friday.
In yuan terms
BRI praised for promoting world peace, stability at Eurasian Economic Summit
ISTANBUL, Feb. 22 (Xinhua) — The Belt and Road Initiative (BRI) proposed by China in 2013 was hailed for promoting world peace and stability by strengthening win-win cooperation at the Eurasian Econo
Beijing-Tianjin-Hebei\’s GDP up 90 pct in past decade
People visit the exhibition center of Zhongguancun National Independent Innovation Demonstration Zone in Beijing, capital of China, May 27, 2023. (Xinhua/Zhang Chenlin)
BEIJING, Feb. 22 (Xinhua) — Th
Chinese commercial banks see profits up 3.2 pct in 2023
BEIJING, Feb. 21 (Xinhua) — China\’s commercial banks reported a profit growth of 3.2 percent in 2023, data from the banking regulator showed on Wednesday.
Net profits of commercial lenders hit 2.4 tr
Balance of loans up 13.1 pct in China\’s Yangtze River Delta
SHANGHAI, Feb. 18 (Xinhua) — The balance of loans in China\’s Yangtze River Delta region increased by 13.1 percent year-on-year to 64.34 trillion yuan (9.06 trillion U.S. dollars) at the end of Decemb
Investment of China\’s central SOEs surpasses 6 trillion yuan in 2023
BEIJING, Feb. 16 (Xinhua) — China\’s centrally administered state-owned enterprises (SOEs) expanded effective investment in 2023, official data showed.
The total investment of central SOEs stood at 6.
China\’s central bank signs 40 currency swap agreements with foreign counterparts
BEIJING, Feb. 16 (Xinhua) — The People\’s Bank of China (PBOC), the country\’s central bank, has signed bilateral currency swap agreements with more than 40 foreign central banks or monetary authoritie
China\’s rural policy bank issues loans totaling 2.78 tln yuan in 2023
BEIJING, Feb. 12 (Xinhua) — The Agricultural Development Bank of China, the country\’s rural policy bank, has said that it issued loans totaling approximately 2.78 trillion yuan (about 391.35 billion