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China Focus: Tech innovation leads China’s coal-rich Shanxi on smarter, greener path

TAIYUAN, July 4 (Xinhua) — In a coal mine 500 meters underground, Chen Jianlong holds a 5G mobile phone, opens an app and taps the screen to hail a vehicle. In less than a minute, a rubber-tyred vehicle approached. “In Read more…

By Visa China, 4 yearsJuly 5, 2021 ago
News

China’s central bank conducts 10 bln yuan of reverse repos

BEIJING, July 1 (Xinhua) — China’s central bank Thursday conducted 10 billion yuan (about 1.55 billion U.S. dollars) of reverse repos to maintain reasonably ample liquidity in the banking system. The interest rate for the seven-day reverse repos was set Read more…

By Visa China, 4 yearsJuly 1, 2021 ago
News

Economic Watch: China looks to deeper waters for wind power in pursuit of carbon neutrality

FUZHOU, June 30 (Xinhua) — As China’s push to reach carbon neutrality by 2060 draws increased attention toward wind power, experts say moving wind farms to deeper waters could eliminate some of the challenges to offshore wind power and help Read more…

By Visa China, 4 yearsJune 30, 2021 ago
Working in China

China world’s biggest producer of over 220 types of industrial goods

by Xinhua BEIJING, June 28 (Xinhua) — China is the world’s largest producer of over 220 types of industrial products, including vehicles and computers, an official said at a press conference held to mark the 100th anniversary of the founding Read more…

By Visa China, 4 yearsJune 28, 2021 ago
COVID-19

Tokyo stocks close higher on Wall Street’s lead, COVID-19 fears cap gains

TOKYO, June 25 (Xinhua) — Tokyo stocks closed higher Friday following an upbeat lead from Wall Street overnight, although concerns over Japan’s rising COVID-19 cases ahead of the Olympics to be held in the capital in less than a month Read more…

By Visa China, 4 yearsJune 25, 2021 ago
COVID-19

WHO, South Africa to set up hub for COVID-19 mRNA technology transfer

GENEVA, June 21 (Xinhua) — The South African government and the World Health Organization (WHO) are making progress to set up a technology transfer hub in South Africa, notably for the technology of COVID-19 mRNA vaccines, according to the WHO Read more…

By Visa China, 4 yearsJune 22, 2021 ago
COVID-19

China’s Sinopharm COVID-19 vaccines arrive in Thailand

BANGKOK, June 20 (Xinhua) — A batch of China’s Sinopharm COVID-19 vaccines landed in the Thai capital of Bangkok Sunday, increasing support to the Southeast Asian country’s battle against its worst wave of outbreak so far. The shipment, imported by Read more…

By Visa China, 4 yearsJune 21, 2021 ago
News

China to further release metal reserves to ease commodity price hikes

BEIJING, June 17 (Xinhua) — China will further release its state reserves of copper, aluminum and zinc to ensure stable prices of commodities and ease cost pressure on firms, the country’s top economic planner said Thursday. The National Development and Read more…

By Visa China, 4 yearsJune 18, 2021 ago
News

China’s home prices remain generally stable amid global rising trend

BEIJING, June 17 (Xinhua) — China continued to see a generally stable housing market in May amid a rapid rise in global property prices, with home prices in 70 major cities showing slight month-on-month increases, official data showed Thursday. New Read more…

By Visa China, 4 yearsJune 17, 2021 ago
News

China’s industrial output up 8.8 pct in May

BEIJING, June 16 (Xinhua) — China’s value-added industrial output, an important economic indicator, went up 8.8 percent year on year in May as production demand continued to recover, data from the National Bureau of Statistics (NBS) showed Wednesday. The figure Read more…

By Visa China, 4 yearsJune 16, 2021 ago

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