Page 10 - Cong Yi News Today

Nearly a dozen centrally-administered state-owned enterprises (SOEs) and financial institutions have signed 611.71 billion yuan ($96.49 billion) worth of deals in Northwest Chinas Xinjiang Uygur Autonomous Region, aiming to boost local economic development.

Tianjin Port, the world’s ninth largest port in terms of cargo throughput, said its operations remain normal after 31 new confirmed coronavirus cases were detected in the city as of Monday, including cases involving the Omicron variant. Tianjin is about 220 kilometers away from Beijing, which is to hold the 2022 Olympic and Paralympic Winter ...

Multiple food companies in North China’s Tianjin have joined the fight against the Omicron variant outbreak. The Tianjin government on Monday issued special licenses for some local food companies to ensure the normal operation of logistics in the region amid restrictions and checks along delivery routes.

Tianjin Port, the worlds ninth largest port in terms of cargo throughput, said its operations remain normal after 21 new confirmed coronavirus cases were detected in the city on Sunday, including cases involving the Omicron variant.

Erke, a leading domestic clothing maker, has started producing goods in Northwest Chinas Xinjiang Uygur Autonomous Region, as more companies, including US electric carmaker Tesla, increase their presence in the region, shrugging off a US crackdown.

Profit growth of China’s major industrial enterprises slowed to 9 percent in November, down 15.6 percentage points from October, amid lingering cost pressure on firms and COVID-19 flare-ups.

China will firmly curb the increase of new “hidden debt” and stabilize the mechanism that settles existing “hidden debt” to guard against systemic financial risks, while speeding up preliminary work for special-purpose bond issues next year, Chinese authorities said, after the tone-setting Central Economic Work Conference last week put a heavy emphasis on economic stability. ...

China will firmly curb the increase of new

Christmas product sellers across China are ramping up production to make a final sprint before the Christmas season, as shipping freight rates have fallen by more than 20 percent in two weeks, Chinese vendors and logistics companies told the Global Times on Sunday.

A dozen centrally-administered state-owned enterprises (SOEs) in various industries have set up a platform for making breakthroughs in auto technologies that are vulnerable to external risks, according to media reports on Thursday.