Business & Commerce
The China Beijing Green Exchange (CBGEX), a professional market platform that integrates various environmental trading services, was recently launched in Beijing's sub-center Tongzhou District.With an aim to build itself into a national-level green exchange, CBGEX will focus on strengthening the...
Bullish on China's head start in economic recovery in 2023, global investors are lining up for yuan-denominated assets.Market data shows that net overseas capital inflow into shares traded at the Shenzhen and Shanghai bourses hit a single-month record of 131.146 billion yuan (about 19.4 bil...
Oil prices fell on Friday, suffering a loss for the week.The West Texas Intermediate (WTI) for March delivery dropped 1.33 U.S. dollars, or 1.6 percent, to settle at 79.68 dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery lost 81 cents, or 0.9 percent, to close at ...
The Export-Import Bank of China (China EximBank) said it provided greater credit support to shore up the foreign trade industry in 2022.By the end of 2022, the bank's outstanding loans to the foreign trade industry was 2.87 trillion yuan (about 423.92 billion U.S. dollars), up 470 billion yuan f...
China's top economic planner said it approved a total of 109 fixed-asset investment projects in 2022.These projects, with a combined investment value of 1.48 trillion yuan (about 218.6 billion U.S. dollars), mainly cover areas including transportation, energy and water conservancy, the National ...
World
Jacinda Ardern made a de facto farewell speech as New Zealand prime minister on Tuesday with the presence of her successor Chris Hipkins. The outgoing Labor leader on her last day as prime minister said her departure should not be viewed as a negative commentary on New Zealand. "I hav...
Braving the headwinds of protectionism and unilateralism, China has been consistently committed to promoting shared development through its opening-up drive, reinforcing its status as a magnet for foreign investors.Latest data highlighted China's continued attractiveness as the global economy sl...
Beijing has set a GDP growth target of over 4.5 percent for 2023, the city's acting mayor Yin Yong said Sunday, as he delivered the government report at the annual session of the Beijing Municipal People's Congress.The Chinese capital also set goals for other major economic indicators in 202...
Brazilian grain production will reach 310.9 million tons in the 2022-2023 cycle, a growth of 14.5 percent compared to the previous period, according to the estimate released Thursday by the state-run National Supply Company (CONAB).CONAB expects the production of soybeans, Brazil's main export, ...
UN Secretary-General Antonio Guterres on Thursday called for preserving the status quo of Jerusalem's holy sites and the two-state solution to the Palestine-Israel issue."I had the occasion to reaffirm that we must preserve the status quo of the holy sites in Jerusalem and that it is essent...
Nepali Prime Minister Pushpa Kamal Dahal won a vote of confidence comfortably in the House of Representatives on Tuesday evening, two weeks after he took office as the head of a new coalition government.Dahal, also known as Prachanda, won the support of 268 lawmakers in the 275-strong lower house, m...
A rail-sea intermodal train carrying cargo from ASEAN countries, including instant noodles, vegetable oil, and coconut milk, launched from Qinzhou Port in south China's Guangxi Zhuang Autonomous Region on Friday.These goods are the special purchases for the Spring Festival, which falls on Jan. 2...
Tesla's Shanghai plant delivered 710,000 vehicles in 2022, an increase of 48 percent from 2021, the U.S. electric carmaker said Thursday.Delivery of the Model Y at the Shanghai Gigafactory exceeded 450,000 vehicles last year, while that of the Model 3 surpassed 250,000, it said.In August 2022, t...
Despite the biting cold at an altitude of about 4,500 meters on the "world roof," workers were busy installing photovoltaic (PV) panels.With the last module switched on, the 120,000-kW PV power generation project in the city of Nagqu, southwest China's Tibet Autonomous Region, started ...
This New Year holiday, Guo Naitao and his family travelled from south China's Guangdong Province to northeast China's Jilin Province to learn to ski and enjoy the beautiful scenery of Changbai Mountain."We watched the Beijing 2022 Winter Olympics and became curious about the snow and ic...
A survey released by the United Nations Economic and Social Commission for Western Asia (ESCWA) on Friday said that poverty affects one-third of the Arab region's population, excluding the Gulf Cooperation Council (GCC) countries and Libya.Dubbed "Survey of Economic and Social Developments ...
Trade between China and the other members of the Regional Comprehensive Economic Partnership (RCEP) has sustained rapid growth since the trade agreement took effect at the beginning of this year, according to the Ministry of Commerce (MOC).China's trade with the other RCEP members expanded 7.9 p...
The Shenzhen branch of China National Offshore Oil Corporation (CNOOC), China's largest offshore oil and gas producer, announced Friday that the annual oil-and-gas output of its oilfield in the eastern part of the South China Sea had exceeded 20 million tonnes of oil equivalent in 2022 -- the fi...
World,Back Page
A hundred million people across the world were forced to leave their homes in 2022 and the United Nations is continuing to help those in need in a myriad of ways, UNHCR, the UN refugee agency, said recently.Filippo Grandi, head of the agency, described the figure as "a record that sho...
The majority of foreign firms in China are supportive of the country's optimized COVID-19 response and economic outlook in 2023, a survey by the country's top trade-facilitating body revealed.Among the 160-plus foreign firms, commerce chambers, and associations surveyed, 91 percent are very ...
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