China’s small and medium-sized enterprises (SMEs) are facing an alarming credit and economic crisis that, by one estimate, has driven at least 20 percent of them to the wall since the global financial crisis began. Officially the numbers are relatively low, and Minister of Industry and Infor...
Forty-one percent of the exports went to the United States. China recently supplanted Japan as the country with the largest trade surplus with the U.S. Last year American purchases of Chinese goods were $83 billion greater than Chinese purchases of U.S. products. Wal-Mart Stores Inc., the...
Fig. 1: China’s food supply chain Sankey map from 2010 to 2019. Food waste in China is quantified across five stages of the food supply chain (labels on top), covering seven food categories (labels on left). Data are annual averages for the period 2010–2019. ...
The nation’s third-largest bank will maintain its original target of generating about 10 percent of China’s new loans in 2009, Beijing-based spokesman Wang Zhaowen said by telephone yesterday. Bank of China may “fine tune” its strategy in line with any government policy changes, he said....
Under the framework of counterpart aid, supporting provinces are required to donate 1 percent of their fiscal revenue from the preceding year to supported counties for reconstruction in the next three years.80 One percent is the minimum requirement of the central government, but the supporting provin...
Only 1 percent of China's 560 million-strong urban population breathe air considered safe by EU standards [18]. If Beijing can convince people that reducing subsidies will directly lead to health benefits, it will face far fewer roadblocks to the implementation of these policies. However, ...
In particular, the following topics are contained in both models: Simba, one of the top hosts, sold fake bird nests, and Pan Changjiang, a well-known artist, sold fake wine, which made the public deeply aware of the many problems in the industry. Many netizens express that live streaming...
located in Africa and Latin America, with South Africa displaying the world's highest value in 2021. Theworld's most equal countries, on the contrary, are situated mostly in Europe. TheUnited States' Gini for household incomehas increased by more than ten percent since 1990, to 0.49 in 2021...
Since reform and opening up, more than 770 million of China's rural population living below the current poverty line have been raised from poverty, accounting for more than 70 percent of the global total over the same period according to the World Bank's international poverty standard. Against...
China approves projects worth 20 bln USD in April: economic planner The top economic planner said Thursday that it had approved 12 fixed-asset investment projects with total investment reaching 141.6 billion yuan (about 20.56 billion U.S. dollars) in April. Chinese museums receive 900 mln visitors...