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June 14, 2023
PBOC cuts rates to boost growth
China's central bank cut its short-term lending rate, the first such move since August 2022, as the country stepped up measures to consolidate economic recovery and restore market confidence amid downward pressure, analysts said on Tuesday.
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June 14, 2023
Zhejiang sees robust foreign trade in Jan-May
East China's Zhejiang province saw its foreign trade volume rise 8.4 percent year-on-year to 1.98 trillion yuan ($278 billion) in the first five months of 2023.
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June 13, 2023
Ningbo's foreign trade totals 514.19b yuan Jan-May
Ningbo's foreign trade was valued at 514.19 billion yuan ($71.77 billion) in the first five months of this year, according to official statistics from Ningbo Customs.
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June 13, 2023
China's auto sector sees moderate recovery in May
The output and sales, as well as exports of China's automobile market, registered year-on-year growth in May, industrial data showed.
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June 13, 2023
COVID wave on decline, say experts
The recent wave of COVID-19 is now trending downward, with experts saying China's medical system and the public have coped with the fresh outbreak in an orderly and calm manner.
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June 13, 2023
Zhejiang adds agri-tourism flourish
To revitalize its rural industries, Wushi has ramped up efforts to improve its infrastructure.
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June 13, 2023
Foreign firms cast wise votes of confidence in China's economy
China's economy has shifted from high-speed growth to high-quality development. The enormous opportunities created by this shift have retained China's position as a top destination for foreign investment.
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June 12, 2023
Immersive game to be launched in Ningbo
In celebration of the upcoming Hangzhou Asian Games, Ningbo's first immersive interactive game - Cross-City Race "Discover Ningbo" - is open for registration and is set to officially launch on June 17.
