BEIJING, Jan. 12 (Xinhua) — RMB cross-border settlement under the current account reached 14.03 trillion yuan (1.98 trillion U.S. dollars) in 2023, central bank data showed Friday.
It involved 10.69
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China\’s local SOEs witness business revenue growth in 2023
BEIJING, Jan. 12 (Xinhua) — China\’s local state-owned enterprises (SOEs) saw business revenue steadily grow in 2023, according to the country\’s top state assets regulator.
The total business revenue
China\’s water conservancy investment hit record high in 2023
BEIJING, Jan. 11 (Xinhua) — China\’s water conservancy investment reached a record high in 2023, official data shows.
Nearly 1.2 trillion yuan (about 168.81 billion U.S. dollars) was invested in the s
China remains world\’s largest online retail market for 11 years: ministry
BEIJING, Jan. 11 (Xinhua) — China has remained the world\’s largest online retail market for 11 consecutive years, the Ministry of Commerce (MOC) said Thursday.
China\’s e-commerce transaction volume t
Interview: New productive forces to boost high-quality development, says expert
BEIJING, Jan. 11 (Xinhua) — The concept of new productive forces has captured the attention of various industries, sparking widespread discussions. This term doesn\’t just signify advancements in tech
Commentary: RCEP fuels regional growth amid economic recovery, challenges
BEIJING, Jan. 9 (Xinhua) — Two years on, the world\’s largest free trade pact in terms of population and trade volume, has unleashed tremendous benefits for regional integration in the Asia-Pacific re
China fosters new foreign trade drivers, optimal investment environment
BEIJING, Jan. 9 (Xinhua) — With global trade forecast to underperform in 2023 and cross-border capital flow fluctuations drawing widespread concern, China is fostering new drivers to consolidate its
Balance of loans in Shanghai up 6.1 pct at end of November
SHANGHAI, Jan. 7 (Xinhua) — The balance of loans in Shanghai, including all currencies, rose 6.1 percent year on year to 11.07 trillion yuan (about 1.56 trillion U.S. dollars) at the end of November,
Balance of loans up 12.7 pct in China\’s Yangtze River Delta
SHANGHAI, Dec. 31 (Xinhua) — The balance of loans in China\’s Yangtze River Delta region increased by 12.7 percent year on year to 63.85 trillion yuan (approximately 9.01 trillion U.S. dollars) at the
Livestreaming e-commerce develops rapidly in China\’s rural areas
Wang Chuanbao, a young man, advertised fresh lotus roots during a livestreaming session near a lotus pond in a village located in Funan county, east China\’s Anhui Province.
After holding livestreaming