RMB becomes 4th most active currency for global payments: SWIFT
The Chinese currency renminbi (RMB), or the yuan, climbed one position to become the fourth most active currency for global… Read More »
China adds 654,000 5G base stations in 2021
China has stepped up its pace of 5G development, adding 654,000 base stations in 2021, the Ministry of Industry and… Read More »
Global FDI rebounds strongly, but recovery highly uneven
Global foreign direct investment (FDI) flows showed a strong rebound in 2021, up 77 percent to an estimated 1.65 trillion… Read More »
Domestic market cheers trading firms
Increasing emphasis on integrated development of domestic and foreign trade will inject new growth impetus into Chinese enterprises and accelerate… Read More »
Airbus, partners to establish aircraft lifecycle service center in China
Airbus has signed a memorandum of understanding (MOU) to set up a sustainable aircraft “lifecycle” service center in southwest China’s… Read More »
Central SOEs report record revenues, profits in 2021
China’s centrally-administered state-owned enterprises (SOEs) registered their best performance ever in 2021, with record-setting revenues and profits, despite lingering impacts… Read More »
China’s outbound direct investment tops 930B yuan in 2021
China’s outbound direct investment (ODI) saw stable growth last year, rising by 2.2% year on year to 936.69 billion yuan,… Read More »
China’s central bank to maintain continuity in real estate financial policy
The People’s Bank of China (PBOC), the country’s central bank, will maintain the continuity, consistency and stability of real estate… Read More »
China’s pilot digital yuan hits 87.57 billion yuan
China’s digital yuan transactions hit nearly 87.57 billion yuan (13.78 billion U.S. dollars) at the end of 2021, as the… Read More »
Cross-border freight value exceeds 1 billion yuan on China-Laos Railway
The newly-opened China-Laos Railway has carried over 1 billion yuan (about 157.4 million U.S. dollars) worth of international freight, announced… Read More »