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Digital economy new growth engine for old industrial base

Tire JV under BRI starts operations in Pakistan

A major project of the China-Pakistan Economic Corridor, the first all-steel radial truck/bus tire plant in Pakistan, kicked off production recently, marking a milestone in the South Asian country's tire manufacturing industry and another achievement under the Belt and Road Initiative.

China s northeast shows positive growth, strong resilience - Buz & Tech News

2021-03-01 22:33:11 GMT2021-03-02 06:33:11(Beijing Time) Xinhua English BEIJING, March 1 (Xinhua) China s three northeastern provinces all achieved positive economic growth in 2020, a sign of the country s economic resilience against the backdrop of the world s worst pandemic in decades. Last year, the GDP of Liaoning, Heilongjiang and Jilin, once China s major industrial bases, grew 0.6 percent, 1 percent and 2.4 percent, respectively, while the country gained a 2.3-percent increase as a whole, making itself the only major economy in the world to achieve positive economic growth in 2020. The region s economic activity has maintained this gratifying momentum since the beginning of 2021. Jilin s fiscal revenue in January reached 16.46 billion yuan (about 2.54 billion U.S. dollars), an increase of 22.7 percent, the second highest growth of all the provinces in China. And the figure for Liaoning during the same period also hit 33.14 billion yuan, up 3.7 percent year on year.

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