China, Pacific

21.09.2020

China's investment in Belt and Road countries up 31.5%

China's non-financial direct investments in countries along the Belt and Road (B&R) stood at $11.8 billion in the first eight months, up by 31.5 percent year-on-year, Ministry of Commerce spokesperson Gao Feng shared in a press conference on Thursday.

The investments accounted for 17.2 percent of the country's total non-financial outbound...

China's non-financial direct investments in countries along the Belt and Road (B&R) stood at $11.8 billion in the first eight months, up by 31.5 percent year-on-year, Ministry of Commerce spokesperson Gao Feng shared in a press conference on Thursday.

The investments accounted for 17.2 percent of the country's total non-financial outbound...

21.09.2020

China to keep promoting foreign exchanges, jointly building of BRI in post-pandemic era

China will continue to promote foreign exchanges and cooperation and better synergize the Belt and Road Initiative and various countries' development strategies in the post-pandemic era, Chinese State Councilor and Foreign Minister Wang Yi said Wednesday.

At a time when the prevention and control of COVID-19 have become a regular practice,...

China will continue to promote foreign exchanges and cooperation and better synergize the Belt and Road Initiative and various countries' development strategies in the post-pandemic era, Chinese State Councilor and Foreign Minister Wang Yi said Wednesday.

At a time when the prevention and control of COVID-19 have become a regular practice,...

21.09.2020

China posts solid investment growth

China's investment growth is expected to maintain steady momentum during the rest of the year on the back of adequate funding and an increasing number of projects, the country's top economic regulator said on Wednesday.

The investment growth will be aided by the investment outlay in the central government budget, special...

China's investment growth is expected to maintain steady momentum during the rest of the year on the back of adequate funding and an increasing number of projects, the country's top economic regulator said on Wednesday.

The investment growth will be aided by the investment outlay in the central government budget, special...

21.09.2020

China witnesses major surge in fixed-asset investment projects

China's top economic regulator, the National Development and Reform Commission, said it approved six fixed-asset investment projects worth 88.2 billion yuan ($13 billion) in August, mainly in the transportation and informatization fields.

That compared with its July approval for 38.2 billion yuan worth of projects, Meng Wei, a spokeswoman for the...

China's top economic regulator, the National Development and Reform Commission, said it approved six fixed-asset investment projects worth 88.2 billion yuan ($13 billion) in August, mainly in the transportation and informatization fields.

That compared with its July approval for 38.2 billion yuan worth of projects, Meng Wei, a spokeswoman for the...

21.09.2020

Financial institutions upbeat on China's economic growth

Several foreign financial institutions have raised their forecasts of China's economic growth for the rest of the year as the country's key economic indicators point to strong recovery amid COVID-19 prevention and control.

Quick containment of the epidemic and effective monetary and fiscal policies have largely contributed to the country's stronger-than-expected...

Several foreign financial institutions have raised their forecasts of China's economic growth for the rest of the year as the country's key economic indicators point to strong recovery amid COVID-19 prevention and control.

Quick containment of the epidemic and effective monetary and fiscal policies have largely contributed to the country's stronger-than-expected...


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