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- July 14, 2023
Offshore RMB sees strongest surge in month
While downward pressure has been piling up on the US dollar, the recent rebound in the Chinese yuan may sustain in the following months amid China's on-track economic recovery and rising market anticipation of more stabilizing policies, experts said.
- July 14, 2023
Report: Domestic demand, BRI spur more opportunities for infrastructure developers
Major Chinese infrastructure builders and contractors are expected to embrace more opportunities this year amid the release of pent-up demand in the post-COVID-19 era — especially in regions involved in the Belt and Road Initiative — and alongside continued strength in the sector domestically, a report said.
- July 14, 2023
'New three' helping drive exports
China's foreign trade landscape is undergoing a green transformation as traditional export categories, such as clothing and furniture, make way for high-tech innovations in the new energy sector, typified by electric vehicles, lithium batteries and solar cells, experts said.
- July 14, 2023
Heat waves expected to hover in central, east
A subtropical high-pressure system lingering in eastern China will continue to pester the region, making the next 10 days feel like a sauna with high temperatures and high humidity, the National Meteorological Center said on Wednesday.
- July 13, 2023
Ningbo emerging as a transport hub bolstering BRI
Ningbo in East China's Zhejiang province has been committed to becoming more open in recent years, with the goal of becoming a pivotal city serving the Belt and Road Initiative (BRI).
- July 13, 2023
EU Chip Act reflect global emphasis on semiconductor industry
The European Parliament's decision to approve the EU Chips Act reflects its attempts to boost its own supply of semiconductors, but it remains to be seen whether the move can produce the intended results, experts said.
- July 13, 2023
China leads world in providing charging piles
Global interest in homegrown charging piles for new energy vehicles has ballooned as China cements its leading position in the global NEV market with exports set to almost double this year, experts and industry executives said.
- July 13, 2023
China's foreign trade up 2.1% in H1
China's foreign trade grew by 2.1 percent year-on-year to 20.1 trillion yuan ($2.8 trillion) in the first half of 2023, data from the General Administration of Customs showed on Thursday.
