The decision allows the Ministry of Finance to issue new debt worth of RMB1 trillion (US$137 billion) in the fourth quarter of the year. All the new issuance is made to fund the local government for post-disaster recovery and reconstruction and improvement in weaknesses in disaster prevention,...
An aerial drone photo taken on Jan. 18, 2025, shows a view of Weizhou Island in south China's Guangxi Zhuang Autonomous Region. (Xinhua/Jin Haoyuan) China's marine economy achieved a significant milestone in 2024, with its gross ocean product (GOP) exceeding 10 trillion yuan (about 1.4 tr...
BEIJING, Feb. 24 (Xinhua) -- China's marine economy achieved a significant milestone in 2024, with its gross ocean product (GOP) exceeding 10 trillion yuan (about 1.4 trillion U.S. dollars) for the first time, according to data released on Monday by the Ministry of Natural Resources. An...
The Chinese economy has experienced remarkable growth over several decades, with an average annual GDP growth rate exceeding 9 percent. Millions of people have been lifted out of poverty. During this time, the GDP has increased rapidly from 149.55 billion U.S. dollars in 1978 to 14.34 trillion ...
自然资源部2025年2月24日发布的数据显示，2024年我国海洋经济强劲发展，经济总量首次突破10万亿元。China's marine economy achieved a significant milestone in 2024, with its gross ocean product (GOP) exceeding 10 trillion yuan for the first time, according to data released by the Ministry of Natural ...
As the main engine for the steady growth of China’s foreign trade, private companies boast themselves as a highlight in the country’s 2024 Q1 economic performance. A year-on-year comparison showed that China’s import...
*In 2022, China's digital economy had reached 50.2 trillion yuan (about 6.99 trillion U.S. dollars), up from 11 trillion yuan in 2012. *At the national level, China will promote deeper integration of the digital and real economies, and support small and medium-sized enterprises in speeding...
China's gross domestic product grew by 5.5 % in the first half of the year, reaching 59 trillion yuan, or around 8.3 trillion US dollars. What do the latest economic figures tell us? What policy response can we expect(00:40)? China has issued a guideline on promoting the deve...
according to data released by the National Bureau of Statistics (NBS) last week. Meanwhile, the NBS also announced that industrial profits reached 6.98 trillion yuan in the first 11 months of the year, down 4.4% year on year, although the rate of decline narrowed by 3.4 percentage points fro...
Trade is a crucial factor of China's contribution to the world economy. China's trade volume has been climbing steadily for the past decade, with 5.3 trillion USD in goods and services in 2020, leading the world for the first time. In 2021, the country remained first with the figure incr...