FTZ reforms deepen China-ASEAN economic, trade ties

2024/10/22 14:36

NANNING, Oct. 22 (Xinhua) -- In a bustling fruit processing facility in south China's Guangxi Zhuang Autonomous Region, the air is sweet with the luscious aroma of mangoes. Workers diligently manage a state-of-the...

China's forex market turnover up 10.1 pct in first three quarters

2024/10/22 14:34

BEIJING, Oct. 22 (Xinhua) -- China's foreign exchange market saw a turnover of 30.27 trillion U.S. dollars in the first three quarters of this year, up 10.1 percent year on year, official data showed Tuesday.Tradi...

BMW Brilliance kicks off geothermal energy project in China's Shenyang

2024/10/21 17:14

SHENYANG, Oct. 21 (Xinhua) -- German carmaker BMW Group's joint venture in China on Monday kicked off a geothermal energy project aimed at realizing 100 percent non-fossil energy heating for its factories in Sheny...

China’s central bank to support qualified banks to join CIPS: deputy governor

2024/10/21 17:13

The People's Bank of China (PBC), the central bank, will support qualified banks from different jurisdictions in participating in the Cross-Border Interbank Payment System (CIPS) for the Chinese yuan, Lu Lei, depu...

China greenlights BNP Paribas, Prudential’s new insurance firms: NFRA

2024/10/18 17:12

China's National Financial Regulatory Administration (NFRA) has greenlighted BNP Paribas and Volkswagen Financial Services to jointly set up a property insurance company in the capital city of Beijing. Additionall...

How Chinese agricultural expertise is improving farming in Sao Tome and Principe

2024/10/18 17:10

SAO TOME, Oct. 18 (Xinhua) -- As the rainy season approaches in October, 32-year-old Jamaika Martins was busy in her small patch of field harvesting Chinese Bok Choy for the very first time.In the close vicinity, Chin...

China, Pakistan renew currency swap agreement

2024/10/17 14:23

BEIJING, Oct. 16 (Xinhua) -- China's central bank on Wednesday said that it has renewed a bilateral currency swap agreement with the State Bank of Pakistan.The total value of the agreement is 30 billion yuan (abou...

China to introduce incremental policies to prop up property sector

2024/10/17 14:22

BEIJING, Oct. 17 (Xinhua) -- China will introduce a slew of incremental measures to stabilize the property sector, Ni Hong, minister of housing and urban-rural development, told a press conference on Thursday.The gove...

Global exhibitors, buyers hail Canton Fair’s role in boosting international trade

2024/10/16 17:11

Global exhibitors and buyers are hailing the role of the Canton Fair in boosting international trade, saying that the flagship event is irreplaceable and enables enterprises to meet global customers, while providing b...

Over 120 mineral deposits newly discovered in China in 2023: report

2024/10/16 17:10

TIANJIN, Oct. 16 (Xinhua) -- A total of 124 mineral deposits were discovered in China in 2023, according to a report released by the Ministry of Natural Resources.A report, titled "China Mineral Resources 2024,&q...

China vows to beef up support for SMEs, unicorn companies

2024/10/15 13:56

BEIJING, Oct. 14 (Xinhua) -- China will increase support for innovative small and medium-sized enterprises (SMEs) and unicorn companies to foster new quality productive forces and help enterprises expand markets and u...

China unveils measures to boost financing for businesses

2024/10/14 14:13

BEIJING, Oct. 14 (Xinhua) -- China will step up financing support for enterprises by incorporating quality credibility into lending decisions, said Luo Wen, head of the State Administration for Market Regulation on Mo...

China to introduce incremental fiscal policy measures to support economy

2024/10/12 14:41

BEIJING, Oct. 12 (Xinhua) -- China will introduce a package of targeted incremental fiscal policy measures in the near future to boost the economy, Minister of Finance Lan Fo'an told a press conference on Saturday...

136th Canton Fair expects high overseas participation

2024/10/11 14:02

The 136th China Import and Export Fair (Canton Fair) will be held in Guangzhou, South China's Guangdong Province, from October 15 to November 4, with the scale and level of participating companies remaining high, ...

China’s central bank launches 500 billion yuan swap facility to boost capital market

2024/10/10 13:52

The People's Bank of China (PBC), the central bank, announced on Thursday the launch of a 500 billion yuan ($70.61 billion) swap facility that allows eligible financial institutions to use assets as collateral to ...

CHN Energy Investment Group launches 170 billion yuan project in Xinjiang's Hami

2024/10/09 14:36

China's largest and most advanced coal-to-liquid (CTL) project, using domestically developed second-generation technology, broke ground on Tuesday in Hami, Northwest China's Xinjiang Uygur Autonomous Region, a...

Hainan duty-free sales exceed 110 mln USD during National Day holiday

2024/10/08 16:54

HAIKOU, Oct. 8 (Xinhua) -- Offshore duty-free shops on south China's island province of Hainan generated 785 million yuan (about 111 million U.S. dollars) in sales during the recent National Day holiday, local cus...

Chinese stocks continue strong performance Monday afternoon

2024/09/30 15:02

BEIJING, Sept. 30 (Xinhua) -- Chinese stocks continued strong performance in Monday's afternoon session, following a broad surge earlier in the day.The benchmark Shanghai Composite Index rose over 6 percent, once ...

China expects 175 million railway trips in National Day holiday travel rush

2024/09/29 16:32

BEIJING, Sept. 29 (Xinhua) -- China's railway network is expected to handle 175 million passenger trips during the upcoming 10-day National Day holiday travel rush, China State Railway Group Co., Ltd. said Sunday....

China's audio-visual industry revenue up 7 pct in H1

2024/09/27 16:18

BEIJING, Sept. 27 (Xinhua) -- China's broadcasting, television and online audio-visual service industry generated total revenue of 668.3 billion yuan (95.3 billion U.S. dollars) in the first half of 2024, represen...