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Tag: yuan

China\’s newly registered ABS products hit 66.9 bln yuan in value in November

wangxiao12/28/20230

BEIJING, Dec. 28 (Xinhua) — Asset-backed securities (ABS) products worth 66.9 billion yuan (about 9.43 billion U.S. dollars) were registered in November, data from the Asset Management Association of

Village officials help increase income by promoting tea leaves through livestreams

wangxiao12/27/20230

Officials of a tea-producing village in southwest China\’s Yunnan Province have taken the lead to promote tea through livestreams, generating wealth for local villagers.
Tucked away in the mountains, B

Zhuzhou in C China\’s Hunan prospers by cultivating tea-oil industry

wangxiao12/27/20230

Zhuzhou city, central China\’s Hunan Province has blazed a trail to prosperity by cultivating tea-oil camellia (camellia oleifera).
Statistics show that Zhuzhou is home to 2.2 million mu (146,667 hecta

China\’s non-financial ODI up 18.7 pct in first nine months

wangxiao12/27/20230

BEIJING, Oct. 26 (Xinhua) — China\’s non-financial outbound direct investment (ODI) increased 18.7 percent year on year to 673.14 billion yuan in the first nine months of the year, official data showe

China\’s 2022 government procurement falls 3.9 pct

wangxiao12/27/20230

BEIJING, Dec. 25 (Xinhua) — The scale of China\’s government procurement registered a decline in 2022, down 3.9 percent year on year, the Ministry of Finance said on Monday.
Nationwide government proc

China\’s telecom sector sees steady expansion in first 11 months

wangxiao12/27/20230

BEIJING, Dec. 23 (Xinhua) — China\’s telecommunication industry logged steady growth in the first 11 months of 2023, driven by emerging businesses, official data showed.
The combined business revenue

China\’s non-financial ODI up 18.4 pct in first 11 months

wangxiao12/27/20230

BEIJING, Dec. 21 (Xinhua) — China\’s non-financial outbound direct investment (ODI) increased 18.4 percent year on year to 814.54 billion yuan in the first 11 months of the year, official data showed

China\’s e-sports industry rakes in 26.3 billion yuan this year

wangxiao12/27/20230

SHENZHEN, Dec. 21 (Xinhua) — The number of electronic sports (e-sports) users in China reached 488 million in 2023, up 0.1 percent compared to the previous year, according to an industry report relea

Quake relief worth over 40 mln yuan raised by All-China Women\’s Federation

wangxiao12/27/20230

BEIJING, Dec. 20 (Xinhua) — The All-China Women\’s Federation (ACWF) said Wednesday that it has raised funds and gathered relief supplies worth a total of 43.47 million yuan (about 6.13 million U.S. d

China steps up fiscal support for post-quake reconstruction

wangxiao12/27/20230

BEIJING, Dec. 20 (Xinhua) — China has ramped up its funding efforts for the restoration work in the earthquake-affected provinces of Gansu and Qinghai.
The Ministry of Finance, together with the Mini

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