World output growth is projected to decelerate from an estimated 3.0 percent in 2022 to 1.9 percent in 2023, while China s economic growth is forecast to accelerate to 4.8 percent this year, according to a UN report launched on Wednesday.
It is estimated that China s electricity consumption - a barometer of economic activity - will reach 9.15 trillion kilowatt-hours in 2023 in normal climate conditions, up 6 percent year-on-year, a report issued by China Electricity Council showed on Sunday, being fueled by a full-fledged economic recovery that drives up electricity demand.
When China moved to optimize its COVID-19 response measures in early December and infections surged, foreign media outlets unleashed a tsunami of misinformation, fear-mongering and slander against China s anti-epidemic strategy over the past three years and its impact on the economy. Some overseas financial institutions even slashed forecast for China s economic growth in 2022.
/PRNewswire/ Vipshop Holdings Limited (NYSE: VIPS), one of China s leading online discount retailers, recently announced that its ESG-related performance.
GUANGZHOU, China, Dec. 23, 2022 /PRNewswire/ Vipshop Holdings Limited (NYSE: VIPS), one of China's leading online discount retailers, recently announced that its ESG-related performance has been recognized by major rating agencies in the capital market. The company retained an "A" from MSCI ESG Ratings in 2022, above the average for the e-commerce sector. The discount retailer also obtained.