China's trade with Belt and Road countries reached about 20 trillion yuan (2.9 trillion U.S. dollars) during 2014-2016, an official said Wednesday. Interview: Belt and Road Initiative benefits Egypt-China cooperation: expert The Belt and Road Initiative will "open up huge opportunities" for co...
According to the People’s Bank of China, the central bank, new loans to SMEs totaled 3.08 trillion yuan (451 billion U.S. dollars) in the first nine months, accounting for 45 percent of the 6.83 trillion yuan corporate loans. …However, in 2008, SMEs accounted for 51.9 percent of corpo...
Suzhou, a new first tier city in China with a GDP of two trillion yuan, is the strongest prefecture level city in China. With excellent comprehensive strength and a strong posture, we have entered the global perspective, entered second tier cities around the world, and become the core city ...
Import and export volume of Shenzhen, South China's Guangdong Province, hit 3.51 trillion yuan during the first 11 months this year, up 6.3 percent from previous year, according to data released by Shenzhen Customs, ranking first among Chinese cities. Shenzhen's exports in the first 11 months ...
In November alone, China's import and export value reached 3.7 trillion yuan, showing a 1.2 percent growth year-on-year, according to customs statistics. In US dollars terms, overseas shipments edged up 0.5 percent on-year to USD291 billion, marking their first increase since April. However,...
On the importing side, we observe a similar pattern of growth: China's total imports increased from $80.6 billion in 1992 to $1.96 trillion in 2014, while average imports per firm rose from $3.59 million in 2000 to $11.41 million in 2014. By the end of our sample period, China had ...
At an average of 400 minutes per user, per day, the world will spend a combined total of780 trillionminutes using this internet this year, which equates to almost1.5 billion yearsof collective human existence. However, averages vary significantly by geography. ...
Beijing’s top legislative body approved on Tuesday a plan toraise ¥1 trillion ($137 billion) in additional sovereign debt to finance new infrastructure projects in the country. As The Wall Street Journal notes, this infrastructure package is relatively small, representing less than 1% of Chines...
Some RMB 10 trillion in annual GDP will be at stake in 2025 alone (Exhibit E3).6 Perhaps even more important, the next wave of Internet development will help China shift toward a model of economic growth that is...
which accounts for 8.7% of China’s tax revenue and directly benefits from strict e-cigarette regulation. China National Tobacco Corp, according to Euromonitor, last year sold more than 2.4 trillion cigarettes, nearly four times as many as U.S.-based tobacco giant Philip Morris I...