BEIJING, March 27 (Xinhua) –China\’s major industrial firms experienced a decline in profits during the first two months of this year, however there are signs of recovery in sight as demand continues
Tag: yuan
China to issue commemorative coins featuring world cultural, natural heritages
BEIJING, March 26 (Xinhua) — China\’s central bank will issue commemorative coins on April 7 featuring two of the country\’s world heritage sites — Mount Huangshan and Mount Emei, including the Giant
China CITIC Bank net profit up 11.61 pct in 2022
BEIJING, March 26 (Xinhua) — China CITIC Bank, one of China\’s joint-stock commercial banks, reported net profit growth of 11.61 percent in 2022.The bank raked in 62.1 billion yuan (about 9.1 billion
China\’s privately offered funds see expansion in February
BEIJING, March 26 (Xinhua) — The scale of China\’s privately offered funds stood at 20.29 trillion yuan (about 3 trillion U.S. dollars) at the end of February, according to data from an industry assoc
Shanxi sees robust growth in trade with B&R countries in Jan-Feb
TAIYUAN, March 24 (Xinhua) — North China\’s coal-rich province of Shanxi saw 18.3 percent year-on-year growth in trade with countries along the Belt and Road (B&R) in the first two months of 2023, loc
China\’s forex market transacts 20.64 trln yuan in February
BEIJING, March 24 (Xinhua) — China\’s foreign exchange (forex) market recorded transactions worth 20.64 trillion yuan, equivalent to 3.02 trillion U.S. dollars, in February, said official data release
Yidu in C China\’s Hubei turns citrus fruits into industrial chain worth over 10 bln yuan
Photo shows a citrus fruit national park in Yidu city, central China\’s Hubei Province. (Photo/Chen Dandan)Yidu city in central China\’s Hubei Province is a major citrus fruit producing area in the coun
China Mobile net profit up 8 pct in 2022
BEIJING, March 23 (Xinhua) — China Mobile, one of the country\’s leading telecommunication operators, reported net profit growth of 8 percent year on year in 2022.The company\’s net profit was 125.46 b
Rural residents in NW China\’s Ankang city run family workshops for flexible employment
\”Making money without leaving home plus learning skills. This is just perfect for families like ours,\” Ling Xiaofeng told People\’s Daily joyfully while making socks with 12 hosiery machines at home.Si
Booming highway freight service facilitates transport between ASEAN, western China
CHONGQING, March 22 (Xinhua) — The volume of freight transport via the New International Land-Sea Trade Corridor cross-border highways soared with a growing number of trucks involved in the first two