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China's holiday rail passenger trips surpass pre-epidemic level--China Economic Net - Vimarsana News

China's holiday rail passenger trips surpass pre-epidemic level--China Economic Net

The daily number of railway passenger trips in China continued to exceed the pre-epidemic level on Monday, the third day of the May Day holiday.   Nearly 13.75 million passenger trips were made on the day, a 3.2-percent increase over the same day in 2019, the China State Railway Group Co. Ltd., the country's railway operator, said.   The country saw 14.72 million passenger trips on Sunday, an increase of 11.6 percent from the same period in 2019. On Saturday, the figure stood at 18.83 million, up 9.2 percent from the 2019 level.     May Day, also known as International Workers' Day, is ob...

Source: en.ce.cn
IMF chief says optimistic for global agreement on corporate income taxation this year--China Economic Net - Vimarsana News

IMF chief says optimistic for global agreement on corporate income taxation this year--China Economic Net

--"This type of multilateral approach is the only way to ensure that highly profitable multinational firms both pay sufficient tax and pay it to countries where they have significant engagement, including in low-income developing countries," IMF Managing Director Kristalina Georgieva said.   Kristalina Georgieva, managing director of the International Monetary Fund (IMF), said on Tuesday that she's optimistic for a global agreement on corporate income taxation this year to fix the international tax system.   "Now, we face the two disastrous and very expensive crises of COVID and climate cha...

Source: en.ce.cn
China rotates into Security Council head--China Economic Net - Vimarsana News

China rotates into Security Council head--China Economic Net

  China pledges to uphold multilateralism and push for enhanced cooperation in the United Nations Security Council in its capacity as rotating council president for May.   In a news briefing on Monday, Zhang Jun, China's permanent representative to the UN, said the Security Council bears the primary responsibility of maintaining peace and security.   In the face of various global challenges, the international community looks to the Security Council to strengthen unity and cooperation, play a greater role, and maintain a peaceful and stable international environment, he said.   "For China,...

Source: en.ce.cn
Biden says he hopes to meet Putin during Europe trip in June--China Economic Net - Vimarsana News

Biden says he hopes to meet Putin during Europe trip in June--China Economic Net

--U.S. President Joe Biden had proposed a summit with Russian President Vladimir Putin in Europe this summer to address a range of bilateral issues. U.S. media reported earlier that the White House is hammering out the details of the summit.   U.S. President Joe Biden said Tuesday that he expects to hold a meeting with Russian President Vladimir Putin during his trip to Europe in June.   "That is my hope and expectation. We are working on it," Biden told reporters when asked if he plans to meet Putin during his upcoming trip to Europe, the first overseas visit since he took office in Januar...

Source: en.ce.cn
Moderate quake jolts eastern Indonesia--China Economic Net - Vimarsana News

Moderate quake jolts eastern Indonesia--China Economic Net

A 5.7 magnitude quake struck off North Maluku province in eastern Indonesia earlier Wednesday, the meteorology and geophysics agency said.   The quake hit at 05:59 a.m. Wednesday Jakarta Time (2259 GMT Tuesday), with the epicenter at 48 km northwest Halmahera Barat district and the depth at 133 km under sea bed.     The intensity of the quake was felt at III MMI (Modified Mercalli Intensity) in Manado, the provincial capital of nearby North Sulawesi province, in the central part of the country.  (Editor:Wang Su)

Source: en.ce.cn