A view of Beijing’s CBD area on Aug 19, 2022. [Photo/VCG] China’s stronger-than-expected 4.6-percent economic expansion in the third quarter has bolstered the confidence in the world’s second-largest economy of achieving its full-year growth target, with growth momentum to further accelerate in the rest of the year, officials and analysts said. Large-scale government bond issuances…
The skyline of Beijing. [Photo/VCG] BEIJING – The gross domestic product (GDP) of Beijing increased 5.1 percent year-on-year in the first three quarters of 2024, the city’s statistics authorities said Monday. The Chinese capital’s GDP reached 3.3 trillion yuan ($465 billion) from January to September, according to the municipal bureau of statistics. Key industries in…
Customs officials verify documentation of a container ship in Ningbo, Zhejiang province. YAO FENG/FOR CHINA DAILY China will modernize its border ports, focusing on strengthening connectivity with neighboring countries to boost foreign trade and foster new business activities, a senior Customs official said on Monday. Zhang Baofeng, director of the National Office of Port Administration…
Reports assessing the investment environment of the newly added BRICS members have been released for the first time, ahead of the gathering of leaders in Kazan, Russia, for the 16th BRICS Summit, the first summit after the expansion of the grouping in January. The assessments on the countries were jointly released on Monday by Dagong…
The Global Ecological Governance (Nansen) Conference is held in Beijing on Oct 16-18. [Photo provided to chinadaily.com.cn] The Global Ecological Governance (Nansen) Conference was held in Fengtai district in Beijing on Oct 16-18. Jointly organized by Beijing Forestry University and the Beijing Forestry Society, the conference brought together hundreds of global experts to Beijing to…
Containers carrying goods for export are seen in Qingdao Port, East China’s Shandong province. [Photo/VCG] The State Council, also known as China’s Cabinet, has recently rolled out regulations on the export control of dual-use items, which will take effect on Dec 1. The new regulations are not intended to prohibit exports of dual-use items, but…
The second edition of the Linyi Trade City International Sourcing Conference for Belt and Road Initiative Cooperation was held in Linyi, Shandong province, from Thursday to Saturday. [Photo provided to chinadaily.com.cn] More than 1,070 international participants from 63 countries and regions, including 49 nations and regions involved in the Belt and Road Initiative, gathered in…
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China is likely to approve a debt swap program worth trillions of yuan as the beginning of a broader plan to decisively forestall any downward economic spiral, economists and policy advisers said. The debt resolution program — set to…
Containers are unloaded at Qingdao Port in Shandong province. [Photo by Yu Fangping/For China Daily] China’s total imports and exports of goods expanded 5.3 percent year-on-year in yuan terms in the first three quarters of this year, maintaining stable growth, official data showed on Monday. The goods trade volume expanded to 32.33 trillion yuan ($4.57…
The advanced Sikorsky S76 medium twin-engine helicopter takes off from Sanya, Hainan and flies to Zhanjiang, Guangdong province. [Photo provided to chinadaily.com.cn] Hainan province plans to boost its low-altitude economy by aiming for a total economic output value exceeding 30 billion yuan ($4.24 billion) by 2026. The island province plans to achieve this by establishing…