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August 22, 2022
Further policy easing may be in offing
The People's Bank of China, the country's central bank, recently lowered the rate on 400 billion yuan ($58.89 billion) of one-year medium-term lending facility loans to some financial institutions by 10 basis points to 2.75 percent. It also conducted 2 billion yuan of seven-day reverse repo operations at an interest rate of 2 percent, down from 2.1 percent.
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August 22, 2022
Nation to drive growth of nonpublic sector
More efforts must be undertaken to drive the healthy development of the nonpublic sector and give full play to the dynamic role of private entrepreneurs so they will dare to make breakthroughs, China's top leadership said in recent high-level conferences.
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August 22, 2022
Automaker Geely reports 35% profit slump, rising NEV sales in H1
Chinese carmaker Geely Automobile reported on Thursday that its net profit fell 35 percent in the first half of this year due to the impact of COVID-19 outbreaks and the rising cost of materials.
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August 22, 2022
17th Provincial Games products now available
Souvenirs of the 17th Games of Zhejiang Province are now available both online and offline at official stores, released on Aug 18 by the organizing committee.
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August 22, 2022
4 Ningbo entrepreneurs among nation's top 50 CEOs
Four entrepreneurs from Ningbo, East China's Zhejiang province made the 2022 list of the China's top 50 CEOs published on Aug 18 by Forbes China.
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August 19, 2022
High-speed train crosses rice paddies in Yuyao
On Aug 15, a high-speed train ran through rice paddies featuring unique patterns in Yuyao, a county-level city in Ningbo, Zhejiang province, demonstrating the harmonious relationship between modernization and tradition.
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August 19, 2022
Self-driving vehicles on verge of becoming common
Zhang Xinlei, a 28-year-old software engineer from Yizhuang, a Beijing suburb, often hails a driverless robotaxi by using ride-hailing apps on his mobile phone for trips such as a night out with friends.
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August 19, 2022
Red alert for high temperatures
Red alert for high temperatures
