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China's public offering fund volume hits...
BEIJING, March 16 (Xinhua) -- China's public offering funds reached 13.78 trillion yuan (about 2.05 trillion U.S. dollars) by the end of January this year, according to the Asset Management Associati
Profits of China's SOEs up 12.9 pct in 2...
The combined profits of China's state-owned enterprises (SOEs) rose 12.9 percent to 3.39 trillion yuan (about 500 billion U.S. dollars) last year, new data showed Monday. The pace was faster than th
Beijing's GDP exceeds 3 trln yuan in 201...
Beijing reported GDP of over 3 trillion yuan (446.6 billion U.S. dollars) in 2018, authorities said Wednesday. According to the municipal statistics bureau, Beijing attained GDP of 3.03 trillion yua
Chinese yuan strengthens to 6.7161 again...
BEIJING, April 2 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 32 basis points to 6.7161 against the U.S. dollar Tuesday, according to the China Fore
Chinese yuan strengthens to 6.7088 again...
BEIJING, March 18 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 79 basis points to 6.7088 against the U.S. dollar Monday, according to the China Fore
Chinese yuan strengthens to 6.6998 again...
BEIJING, March 5 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 51.00 basis points to 6.6998 against the U.S. dollar Tuesday, according to the China F
Chinese yuan strengthens to 6.7202 again...
BEIJING, March 11 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 33.00 basis points to 6.7202 against the U.S. dollar Monday, according to the China F
Chinese yuan weakens to 6.7098 against U...
BEIJING, March 25 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 154 basis points to 6.7098 against the U.S. dollar Monday, according to the China Foreign
VAT reform helps companies renovate and ...
Value-added taxes (VAT) have been one of the largest government levies for the complex, coming to nearly 30 million yuan (4.5 million U.S. dollars) last year. The latest reduced VAT rates go into eff
China's 2018 catering market revenue top...
China's catering market revenue topped 4.2 trillion yuan (626.3 billion U.S. dollars) in 2018, a report showed. This is the first time for the Chinese catering market to reach the four trillion yuan
Local gov't bond issuance going down in ...
Local governments raised 364.2 billion yuan (about 54.36 billion U.S. dollars) through bond issuance in February, down from 418 billion yuan in January, data showed Wednesday. In the first two months
China's yuan funds for forex down in Feb...
BEIJING, March 14 (Xinhua) -- China's yuan funds outstanding for foreign exchange edged down in February, according to central bank data. The funds stood at 21.2541 trillion yuan (about 3.17 trillion
Newly established trust property increas...
BEIJING, March 9 (Xinhua) -- The trust property established by China's charitable trust reached 1.1 billion yuan (163.8 million U.S. dollars) in 2018, rising 84.4 percent year-on-year, according to a
Chinese yuan weakens to 6.6901 against U...
BEIJING, Feb. 28 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 44 basis points to 6.6901 against the U.S. dollar Thursday, according to the China Foreign
China's new yuan loans expand in Februar...
BEIJING, March 10 (Xinhua) -- China's new yuan-denominated loans stood at 885.8 billion yuan (about 131 billion U.S. dollars) in February 2019, up 46.5 billion yuan year on year, central bank data sh
Chinese shares continue to rise Thursday...
BEIJING, April 4 (Xinhua) -- Chinese shares continued an upward trend on Thursday, led by airline stocks. The benchmark Shanghai Composite Index rose 0.94 percent to 3,246.57 points while the Shenzhe
Chinese yuan weakens to 6.7141 against U...
BEIJING, March 27 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 99.00 basis points to 6.7141 against the U.S. dollar Wednesday, according to the China Fo
Chinese banks post forex settlement defi...
BEIJING, March 18 (Xinhua) -- China's commercial banks saw a net forex settlement deficit of 101.3 billion yuan, or 15 billion U.S. dollars, in February, the country's forex regulator said Monday. Th
Chinese yuan strengthens slightly last w...
BEIJING, April 8 (Xinhua) -- China's yuan strengthened slightly against a basket of currencies last week, according to the China Foreign Exchange Trade System (CFETS) index. The CFETS yuan exchange r
Reverse repos worth 770 bln yuan to matu...
Reverse repos worth 770 billion yuan (about 113.8 billion U.S. dollars) will mature in China in the coming week, the largest weekly amount in a year. On Wednesday, 350 billion yuan of reverse repos
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