News

China’s used vehicle sales up 13.38 pct in January-August

BEIJING, Sept. 16 (Xinhua) — China’s used vehicle sales rose 13.38 percent year on year in the first eight months of this year, industry data showed. A total of 11.9 million second-hand vehicles changed hands during the period, with a combined transaction value of 755.75 billion yuan ... Read More

Improved inflation data signal China’s sustained recovery momentum

BEIJING, Sept. 9 (Xinhua) — China’s consumer inflation returned to positive territory in August, while the factory-gate price decline moderated, adding to evidence for a sustained recovery in the world’s second-largest economy, official data showed Saturday. The consumer price i... Read More

China’s Tibet attracts investment with optimized business environment

LHASA, Sept. 10 (Xinhua) — From January to July, southwest China’s Tibet Autonomous Region has inked 740 investment projects, with an actual investment of 34.32 billion yuan (about 4.76 billion U.S. dollars), according to local authorities. In the first seven months of this year, Tibe... Read More

Xi stresses innovation-driven development

BEIJING, Sept. 2 (Xinhua) — China will strengthen innovation-driven development, President Xi Jinping said Saturday while addressing the Global Trade in Services Summit of the 2023 China International Fair for Trade in Services via video. China will move faster to cultivate new growth drive... Read More

China to strengthen bond of mutual benefit, win-win cooperation: Xi

BEIJING, Sept. 2 (Xinhua) — China will strengthen the bond of mutual benefit and win-win cooperation while making joint efforts with the rest of the world to get the global economy onto the track of sustained recovery, President Xi Jinping noted on Saturday. Xi made the remarks while addres... Read More

Chinese companies keen on overseas trade exhibitions: trade council

BEIJING, Aug. 30 (Xinhua) — Companies across China are enthusiastic about holding and attending trade exhibitions overseas, and generally expanding their business activities abroad, said the China Council for the Promotion of International Trade (CCPIT) on Wednesday. In July, China’s ... Read More

China, Nicaragua ink free trade deal to boost economic ties

BEIJING, Aug. 31 (Xinhua) — China and Nicaragua on Thursday signed a free trade agreement (FTA) after year-long negotiations in the latest effort to enhance bilateral economic and trade cooperation. The deal was inked via a video link by Chinese Minister of Commerce Wang Wentao and Laureano... Read More

Tianjin pushes forward comprehensive transformation of iron and steel industry chain

Staff members work at the industrial internet operation center of the New Tianjin Steel Group in Tianjin, north China, July 12, 2023. To achieve carbon reduction and improve energy efficiency, Tianjin has pushed forward the comprehensive transformation of its iron and steel industry chain in rece... Read More

China’s futures market sees higher trading in first six months

BEIJING, July 16 (Xinhua) — China’s futures market posted strong year-on-year growth in both transaction volume and turnover in the first half of 2023, according to the China Futures Association. The trading volume surged by 29.71 percent year on year to over 3.95 billion lots in the ... Read More

China’s economic planner establishes communication mechanism with private businesses

BEIJING, July 5 (Xinhua) — China’s top economic planner said that it has set up a mechanism to facilitate communication with private enterprises. The National Development and Reform Commission (NDRC) recently held a symposium with entrepreneurs, during which in-depth discussions were ... Read More

China making its mark in global services trade

China has expanded its share of global commercial services exports from 3 percent in 2005 to 5.4 percent in 2022, according to a report jointly released by the World Bank Group and World Trade Organization earlier this week. Titled Trade in Services for Development, the report stated that the gro... Read More

China’s transport investment up 12.7 pct in January-May

BEIJING, July 2 (Xinhua) — Fixed-asset investment in China’s transport sector surged 12.7 percent year on year in the first five months of 2023, data from the Ministry of Transport shows. Total fixed-asset investment in the sector stood at 1.4 trillion yuan (about 193.75 billion U.S. ... Read More
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