Page 4 - Cong Yi News Today

The Chinese government is to accelerate efforts to boost the development of the private economy, with the latest moves dedicated to the manufacturing and innovation sectors.

CHINAS value-added industrial output rose 3.8 percent year on year in the first half, showing continued recovery momentum, according to data released by the National Bureau of Statistics (NBS).

Chinas value-added industrial output rose 3.8 percent year-on-year in the first half, showing continued recovery momentum, according to data released by the National Bureau of Statistics (NBS).

Chinas Caixin services purchasing managers index (PMI), a private gauge of the countrys services sector, stood at 53.9 in June, down 3.2 points from the previous month but remaining in the expansion territory for the sixth straight month, a private survey showed on Wednesday.

Major Chinese cities including Beijing and Shanghai have seen a full recovery in the tourism and consumption sectors during the recent three-day Dragon Boat Festival holidays, with certain indicators exceeding that of 2019 before the COVID-19 pandemic, according to official data on Sunday.

Microsoft co-founder and philanthropist Bill Gates has begun a highly-anticipated visit to China hot on the heels of other US business icons, during which Chinese President Xi Jinping and other high-level officials met him, while both sides expressed willingness to join hands to solve global challenges and help developing nations.

China’s fiscal situation is sound, safe and has enough redundancy for coping with risks and challenges, according to the Ministry of Finance (MOF), amid hype by some Western media outlets over China’s debt issues.

The new city being developed is located in north Chinas Hebei Province and the establishment of the 1770 square-kilometre site was announced back in 2017.

/PRNewswire/ -- Six years after China announced the construction of the Xiongan New Area, the site that "started from scratch" from a blueprint has become a...

/PRNewswire/ -- Numerous skyscrapers under construction, modern neighborhood compounds filled with green and driverless buses crisscrossing on new asphalt...