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- September 22, 2022
Experts see room for more lending rate cuts
The recent cuts to deposit rates effected by some Chinese commercial banks have increased room for the country's benchmark lending rates to decline in the coming months and give more support to the economy, experts said on Wednesday.
- September 22, 2022
Chinese apps gain popularity globally
From the world's top short video application TikTok to the biggest fast-fashion app Shein and emerging music-video app StarMaker, a rising number of mobile apps developed by Chinese companies are influencing people's daily lives across the globe.
- September 22, 2022
Chartered flights bolster foreign trade growth amid epidemic
A chartered flight carrying 136 businesspeople departed from Ningbo, East China's Zhejiang province for Budapest, Hungary on Sept 21, local media reported.
- September 21, 2022
M&A activities of A-share firms remain active
As of Sept 20, companies listed on the A-share market have released 4,790 merger and acquisition plans, up 19.15 percent year-on-year. Among them, 1,442 were completed, 82 failed and the remaining 3,266 are under way, Securities Daily reported quoting data from financial information service provider iFinD.
- September 21, 2022
China's delivery service industry show stable growth despite challenges
China's express delivery service sector maintained stable growth in August, with most of the companies seeing increasing numbers in operational revenue, package pieces and market share, news portal the Paper reported.
- September 21, 2022
China's oil reserves reach 3.69 billion tons
By the end of 2021, China's oil and natural gas reserves reached 3.69 billion tons and 6.34 trillion cubic meters respectively, according to the 2022 China Mineral Resources report released by the Ministry of Natural Resources.
- September 21, 2022
Interest rate cut feasible tool to spur growth
While a number of central banks are expected to announce big tightening steps this week to beat inflation, China may continue to go in the opposite direction by tamping down interest rates in the coming months to spur growth, experts said on Tuesday.
- September 21, 2022
Ningbo's largest ore terminal put into use
Hong May, a vessel loaded with 178,000 metric tons of iron ore from Australia, berthed at a wharf in Ningbo, East China's Zhejiang province on Sept 20.