Tourists visit Jiefangbei, a business area in southwest China's Chongqing, Aug. 21, 2024. (Xinhua/Wang Quanchao) Yang said that as Chinese people's living standards have continued to rise, consumers now focus more on services, consumption experience, as well as green and low-carbon products,...
Analysts believe the debt swap program will unclog capital flow to the real economy and help sustain the momentum of the economic recovery. With the debt-relief package, the total hidden debts that local governments need to address by the end of 2028 will be cut from 14.3 trillion yuan to 2...
The report from the committee noted that during a June 2024 public hearing, Dr. Anthony Fauci, the former director of the National Institute of Allergy and Infectious Diseases, had articulated “that the six-foot rule for social distancing was not supported by quality scientific standards” and h...
These funds have supported the implementation of major national strategies and the building up of security capacity in key areas, facilitated post-disaster recovery and reconstruction, strengthened disaster prevention and relief efforts, and backed projects to improve livelihoods, boost employment and spur ...
Yet for many on the streets of Ankara, relief seems distant. The disconnect between official optimism and daily reality is palpable. Some, like a father of two who wished to remain anonymous, have turned to second-hand shops out of necessity. ...
China's GDP grew 4.8 percent year on year in the first three quarters of 2024. The country set a target for economic growth of around 5 percent for this year. GROWING PAIN The lack of effective demand in China stems from both cyclical and structural factors, which analysts view as challeng...
Wage increases of 6.3 percent in the EU-27 in the second half of 2023 brought some relief for consumers, but not all countries returned to 2019 wage levels in real terms. For instance, real wages are still below 2019 levels in France, Germany, Italy, and the Netherlands. On average, ...
said sen. lindsey graham, r-s.c., summing up the views of some exiting a long, private meeting of gop senators on capitol hill. mcconnell proposal aligns with the the trump administration's initial idea for economic relief. mnuchin on thursday suggested direct treasury could send direct ...
The Ministry of Finance introduced tax relief policies for innovation and the manufacturing sector, offering over 2 trillion yuan in tax cuts, refunds, and fee reductions during the first three quarters. For entrepreneurs like He Jianjun, who is developing nickel-based welding materials in Tianjin,...
Implemented specific credit policies for the export and agriculture sectors. Promoted credit to poor households and policy beneficiaries. Improve the business environment in the monetary and banking sector as part of the state administrative reform program. Increase the application of online public services...