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China Merchants Bank profit up 23 pct in 2021

China Merchants Bank profit up 23 pct in 2021

2022-03-21 15:53

China Merchants Bank, one of the largest lenders in China, posted net profit growth of 23.2 percent in 2021.

Wind, solar power installed capacities surge in China

Wind, solar power installed capacities surge in China

2022-03-21 14:46

BEIJING, March 21 (Xinhua) -- Chinas installed capacity for generating wind and solar power increased dramatically in the first two months of the year as the country revs up efforts to achieve carbon neutrality, official data showed. In the January-F

Chinas central bank conducts 30 bln yuan of reverse repos

China's central bank conducts 30 bln yuan of reverse repos

2022-03-21 14:07

BEIJING, March 21 (Xinhua) -- Chinas central bank on Monday conducted 30 billion yuan (about 4.7 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 percent,

Chinas major coal-producing region embraces new energy

China's major coal-producing region embraces new energy

2022-03-18 11:10

HOHHOT, March 18 (Xinhua) -- North Chinas Inner Mongolia Autonomous Region, a major coal production hub, has set a target to see the amount of new energy power generation surpass that of thermal power generation in 2030. Inner Mongolia is adjusting i

Chinas highest-altitude mega hydropower plant fully operational

China's highest-altitude mega hydropower plant fully operational

2022-03-18 11:08

CHENGDU, March 18 (Xinhua) -- With the last 500,000-kW power generation unit officially putting into use, a mega hydropower plant built at an average altitude of 3,000 meters, the highest one of its kind in China, went fully operational on Friday. Wi

Track-laying begins on Chinas first sea-crossing high-speed railway

Track-laying begins on China's first sea-crossing high-speed railway

2022-03-17 17:10

Track-laying begins on China's first sea-crossing high-speed railway

Speech recognition software helps Tibetans better communicate

Speech recognition software helps Tibetans better communicate

2022-03-17 14:24

CHENGDU, March 17 (Xinhua) -- When away from home, Gerong, who speaks only Kamba Tibetan, a Tibetan dialect, often found himself in awkward situations where few people could understand him. This month, however, when the 50-year-old Tibetan from Garze

Chinas central bank conducts 80 bln yuan of reverse repos

China's central bank conducts 80 bln yuan of reverse repos

2022-03-17 11:43

BEIJING, March 17 (Xinhua) -- Chinas central bank on Thursday conducted 80 billion yuan (about 12.62 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 tests rocket engine for upcoming space lab launches

China tests rocket engine for upcoming space lab launches

2022-03-16 16:45

BEIJING, March 16 (Xinhua) -- A Chinese high-thrust oxyhydrogen rocket engine has completed a 520-second test in preparation for the upcoming launches of space station lab modules, its maker said on Wednesday. Developed by the China Aerospace Science

China approves fully bioabsorbable occluder for heart defects

China approves fully bioabsorbable occluder for heart defects

2022-03-16 11:47

BEIJING, March 16 (Xinhua) -- Chinas National Medical Products Administration has issued marketing approval for a self-developed fully bioabsorbable occluder for ventricular septal defects, according to the Fuwai Hospital of the Chinese Academy of Me

Chinas overnight Shibor interbank rate decreases Wednesday

China's overnight Shibor interbank rate decreases Wednesday

2022-03-16 11:45

The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China's interbank market

Chinas home prices slightly up in February

China's home prices slightly up in February

2022-03-16 11:31

China continued to see a generally stable housing market in February

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