Employees manufacture photovoltaic batteries to be exported at Shenzhou New Energy Co., Ltd. of Lianyungang, east China’s Jiangsu province, Aug. 11, 2020. (People’s Daily Online/Geng Yuhe) China secured extraordinary performance in its foreign trade against headwinds in the past year thanks to the country’s targeted measures to stabilize entities, market share, export orders and the … Continue reading China sees robust foreign trade in 2020
China’s construction industry has seen rapid growth since 1949, according to a report issued by the country’s National Bureau of Statistics (NBS). The output value of the industry totaled 23.5 trillion yuan in 2018, 4,124 times that of 1952. The average annual growth rate reached 13.4 percent, said the report. The added value accounted for … Continue reading China’s construction industry grows rapidly since 1949
An 80-year-old woman named Ge Yuqi is learning how to use social application WeChat with the help of a volunteer on January 16, 2018. (Photo by Shi Yucheng from People’s Daily Online) Thanks to the popularization of smart phones and mobile payment , China’s e-commerce industry is now embracing new growth opportunities: senior citizens. The … Continue reading More Chinese seniors attracted to online-shopping
China exported $88.19 billion worth of cultural products in 2017, up 12.4% year on year, a spokesperson for the Ministry of Commerce said at a news conference on Feb. 8. The import of cultural products stood at $8.93 billion, down 7.6%. The surplus expanded by 15.2% compared with a year earlier, reaching $79.26 billion. Over … Continue reading China’s cultural exports hit $90 billion in 2017: Ministry of Commerce
Over 5 million disabled people in China have shaken off poverty in the last 5 years, China Disabled Persons’ Federation (CDPF) said on Thursday. According to the federation, the country’s subsidy system for the disabled has achieved full coverage, benefiting 21 million disabled people. By the end of last year, China had ensured the minimum … Continue reading Over 5 million poor disabled people in China have shaken off poverty
(Photo/Xinhua) In the first five months of this year, the total value of China’s import and export of goods reached 12.1 trillion yuan, up 4.1 percent year-on-year. Exports were 6.5 trillion yuan and imports 5.6 trillion yuan, increasing by 6.1 percent and 1.8 percent, respectively, according to China Customs statistics. China’s import and export volume … Continue reading China’s foreign trade grows 4.1 percent in first five months
China’s new retail market is expected to hit 1.8 trillion yuan ($264 billion) in 2022, continuing to play its role as a major driver in consumption growth. It is estimated that this sector will see a compound growth of over 100 percent in the next few years. The concept of new retail was created by … Continue reading China’s new retail market expected to hit 1.8 trillion yuan in 2022
China’s construction industry has seen rapid growth since 1949, according to a report issued by the country’s National Bureau of Statistics (NBS). The output value of the industry totaled 23.5 trillion yuan in 2018, 4,124 times that of 1952. The average annual growth rate reached 13.4 percent, said the report. The added value accounted for … Continue reading China’s construction industry grows rapidly since 1949
Over the past 40 years, revenue of China’s catering industry has climbed from 5.48 billion yuan ($854 million) to 4 trillion yuan, over 700 times, since the start of the country’s reform and opening-up policy, China News reported. The data was released by the China Cuisine Association at a conference held in Beijing on May … Continue reading China’s catering industry revenue up 700 times since reform
(Photo/Xinhua) The Chinese People’s Liberation Army (PLA) Air Force released 7 themed commemorative envelopes on Monday in Zhuhai, south China’s Guangdong province, ahead of the 12th China International Aviation and Aerospace Exhibition (Airshow China), Xinhua News Agency reported on Nov. 5. Shen Jinke, spokesperson of the PLA Air Force, said that the commemorative envelopes fully … Continue reading PLA Air Force issues 7 commemorative envelopes ahead of 12th Airshow China