Data underline need to boost incomes, spur purchases of big-ticket itemsShoppers buy groceries at a supermarket in Shijiazhuang, Hebei province. LI MINGFA/FOR CHINA DAILY
Given the slower-than-anticip
Tag: yuan
Factbox: Data highlights of China\’s economy in H1
BEIJING, July 17 (Xinhua) — China\’s economy sustained a recovery momentum in the first half (H1) of the year, with major economic indicators showing further signs of improvement.
The following are so
China\’s rural bank issues about 1.61 trln yuan of loans in H1
BEIJING, July 17 (Xinhua) — The Agricultural Development Bank of China, a rural policy bank, issued about 1.61 trillion yuan (about 225.72 billion U.S. dollars) of loans in the country in the first h
China\’s pork prices expected to increase slightly
BEIJING, July 16 (Xinhua) — Pork prices in China are expected to experience modest increases in the future, despite a week-on-week decline from July 3 to 9, experts said.
During the period, the avera
Balance of loans in Shanghai up 7.7 pct at end of June
SHANGHAI, July 16 (Xinhua) — The balance of loans in Shanghai, including all currencies, stood at 10.91 trillion yuan (1.53 trillion U.S. dollars) at the end of June 2023, up 7.7 percent year on year
China\’s Yangtze River Delta builds momentum for high-quality development with IPR
People visit the 9th China (Shanghai) International Technology Fair in east China\’s Shanghai, June 15, 2023. (Photo by Zhou Dongchao/People\’s Daily Online)
The Yangtze River Delta region in east China
China\’s new yuan loans increase 2.02 trln yuan in H1
File photo shows an exterior view of the People\’s Bank of China in Beijing, capital of China. (Xinhua/Peng Ziyang)
BEIJING, July 14 (Xinhua) — China\’s new yuan loans expanded by 2.02 trillion yuan (a
Cross-Strait film festival opens in Taipei
TAIPEI, July 13 (Xinhua) — The 14th Cross-Strait Film Festival opened in Taipei Thursday, at which eight mainland films will be screened till Monday.
The films include several latest blockbusters on
PBOC official vows to fend off RMB\’s sharp ups, downs
BEIJING, July 14 (Xinhua) — China\’s cental bank will move to correct pro-cyclical and one-sided market behaviors when necessary to prevent sharp ups and downs of the Chinese currency renminbi (RMB),
China defeats Brazil, to battle Poland in VNL Finals semis
ARLINGTON, United States, July 13 (Xinhua) — China emerged victorious over Brazil, with a 3-1 score, in Thursday\’s third quarter-final of the 2023 Volleyball Nations League (VNL) tournament held in A