Economy 09:23, 19-Oct-2020 Translate China sets up national fintech certification center in ChongqingCGTN Share Chongqing, China. /VCG China has established a national fintech certification center in Chongqing Municipality, according to the People's Bank of China (PBOC). Fintech is ...
Data from the National Bureau of Statistics showed on Wednesday that China's GDP expanded by 5.2 percent year-on-year in 2023 to 126.06 trillion yuan ($17.63 trillion), surpassing the country's preset annual growth target of around 5 percent. ...
U.S. personal consumption expenditures (PCE) price index, the Fed's preferred inflation measure, soared by 6.6 percent in March over the past year, well above the Fed's 2-percent inflation target, the Commerce Department reported last week. "The labor market is extremely tight, and inflation...
The nation's green economy is expected to unleash an investment and consumption market worth 10 trillion yuan ($1.38 trillion) a year, he added. Noting that Hainan is building a free trade port with Chinese characteristics, Zhao welcomed people...
"The large-scale tax refunds are the most important part of this year's new package of tax-and-fee policies," said Xu, citing the country's record tax cut and rebate target of 2.5 trillion yuan. "[Tax refunds] are a direct boost to the cash flow of enterprises, and will benefit the...
GITEX GLOBAL 2024 Ignites the path to a thriving AI-Driven economy. That's the scale of the biggest tech event in the world. GITEX: World's largest ICT trade Fair. A glimpse of the digital future. GITEX Returns to Dubai even stronger The major tech event in Dubai. An extraordi...
aTotal social financing, a measure of funds raised by entities in the real economy, stood at 17.29 trillion yuan last year, up 1.53 trillion yuan from a year previously and a record high. 总社会财务,资金措施由个体在真正的经济上升了,去年站立在17.29兆元, 1.53兆元从一年前和破纪录。[translate...
The real growth in FMCG is shadowed by the downward pressure of the macro-economy and lingering China-US trade uncertainties. The non-food category continues to be the main growth engine, with personal care products reporting a strong increase of 12.4% in sales value, driven primarily by ...
China’s economic performance showed a steady recovery in the first two months of 2023, with production and demand improving significantly, boosting national confidence that a roughly 5 percent GDP growth rate target for the whole year remains achievable, official data showed on Wednesday. ...
China's year-on-year economic growth in 2021 was the best in around a decade, although a complicated external environment and the evolving COVID-19 epidemic continued to weigh on the world's second-largest economy. Gross domestic product (GDP) grew by 8.1 percent year on year last year, ...