The Yiwu International Trade Market, the world\’s leading small commodities market located in Yiwu, east China\’s Zhejiang Province, is always bustling.
The market has trade relations with 233 countries
Tag: yuan
Chinese yuan weakens to 7.0946 against USD Wednesday
BEIJING, March 27 (Xinhua) — The central parity rate of the Chinese currency renminbi, or the yuan, weakened 3 pips to 7.0946 against the U.S. dollar Wednesday, according to the China Foreign Exchang
China has 384 cultural industry demonstration bases at national level
BEIJING, March 26 (Xinhua) — China on Tuesday named a new batch of 219 enterprises as cultural industry demonstration bases at national level, bringing the total number of such demonstration bases to
Chinese shares close lower on Monday
BEIJING, March 25 (Xinhua) — Chinese stocks closed lower on Monday, with the benchmark Shanghai Composite Index down 0.71 percent to 3,026.31 points.
The Shenzhen Component Index closed 1.49 percent
China\’s central bank adds liquidity via reverse repos
BEIJING, March 25 (Xinhua) — China\’s central bank conducted 50 billion yuan (about 7.04 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Monday.
The move aims to ke
China\’s public offering fund value hits 29.3 trln yuan
BEIJING, March 21 (Xinhua) — The assets under the management of China\’s public offering funds reached 29.3 trillion yuan (about 4.13 trillion U.S. dollars) by the end of February, data from the Asset
China\’s non-financial ODI up 10 pct in first 2 months
BEIJING, March 21 (Xinhua) — China\’s non-financial outbound direct investment (ODI) increased 10 percent year on year to 149.64 billion yuan (about 21.09 billion U.S. dollars) in the first two months
China\’s real estate market faces regulatory scrutiny
A salesman (left) introduces a residential project to potential homebuyers in Taiyuan, Shanxi province. WEI LIANG/CHINA NEWS SERVICE
China\’s real estate market will require close monitoring by policym
Novo Nordisk increases investment in China plant
TIANJIN, March 19 (Xinhua) — Danish pharmaceutical company Novo Nordisk announced Tuesday that it will increase its investment in an expansion project at its production base in Tianjin by about 4 bil
China\’s Tianjin Port reports soaring auto exports in Jan-Feb
TIANJIN, March 19 (Xinhua) — North China\’s Tianjin Port saw a surge in auto exports in the first two months of 2024, continuing an export boom for Chinese carmakers receiving increased global recogni