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China's central bank conducts 150 bln yuan of reverse repos
BEIJING, March 29 (Xinhua) -- Chinas central bank on Tuesday conducted 150 billion yuan (about 23.57 billion U.S. dollars) of reverse repos to maintain liquidity in the banking system. The interest rate for the 7-day reverse repos was set at 2.1 perc
China conducts central bank bills swap
BEIJING, March 29 (Xinhua) -- The Peoples Bank of China, or the central bank, conducted this years third central bank bills swap (CBS) operation on Tuesday to improve the liquidity of perpetual bonds issued by commercial banks. The CBS, valued at 5 b
Mega offshore wind farm in China generates 1 bln kWh of power
BEIJING, March 28 (Xinhua) -- An offshore wind farm in the coastal area of Shapa Town, south Chinas Guangdong Province, had generated one billion kilowatt-hours (kWh) of electricity by March 25 this year, the Science and Technology Daily reported Mon
China's NEV production, sales soar in first two months
BEIJING, March 28 (Xinhua) -- Production and sales of new energy vehicles (NEVs) in China skyrocketed in the first two months of the year despite raw material price hikes and the raging COVID-19 pandemic, said an industrial report. From January to Fe
China's public offering fund volume tops 26 trln yuan
The net asset value of China's public offering funds amounted to 26.34 trillion yuan (4.13 trillion U.S. dollars) by the end of February.
China's cloud service market surges in 2021: report
China's cloud infrastructure services market expanded rapidly in 2021, according to a report by global technology market research firm Canalys.
China's bond market sees over 4 trln yuan issued in February
The total bond issuance in China stood at 4.43 trillion yuan (about 697 billion U.S. dollars) last month.
China sees higher wireless earphone shipments in 2021: report
China's wireless earphone market recorded a remarkable growth in shipments in 2021, an industry report showed.
Aussie manufacturers bank optimistic about post-pandemic boom: report
SYDNEY, March 25 (Xinhua) -- A new report from Australias largest bank, the Commonwealth Bank of Australia (CBA), has shown optimism about a boom in manufacturing as the nation and its supply chains emerge from the effects of the pandemic. According
China's postal bank reports 1 trillion yuan of outstanding microloans
BEIJING, March 25 (Xinhua) -- The Postal Savings Bank of China, one of the countrys state-owned banks, saw the outstanding amount of its microloans to small businesses stand at 1 trillion yuan (157.23 billion U.S. dollars) on Wednesday, the Shanghai
Chinese banking sector's net external liabilities at 37.9 bln USD
BEIJING, March 25 (Xinhua) -- Chinas banking sector had 1.53 trillion U.S. dollars of external financial assets and 1.57 trillion dollars of external liabilities at the end of 2021, resulting in net external liabilities of 37.9 billion dollars, new d
China releases images of Martian dust taken by Tianwen-1 orbiter
BEIJING, March 24 (Xinhua) -- Chinas Tianwen-1 orbiter has beamed back high-resolution images of Mars, showing dust storms on the surface of the planet. Released by the China National Space Administration on Thursday, the new pictures with a resoluti
World Insights: Int'l trade with China soars in 2022, decoupling theory crushed b...
Live COVID-19 updates: U.S. COVID-19 cases top 1 mln
Xinhua top 10 China news events in 2019
Feature: Tourism rejuvenates old Silk Road town
