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ARTICLE China Development Bank to offer 300 bln yuan in loans for innovation in 2021-2025

BEIJING, April 7 (Xinhua) -- The China Development Bank, one of the country's policy banks, has pledged to beef up its financial support for scientific and technological innovation during the 14th...

ARTICLE Chery recalls 82,867 vehicles in China

BEIJING, April 11 (Xinhua) -- Chery Automobile Co. has decided to recall 82,867 vehicles from the Chinese market starting April 15, according to the country's highest quality authority. The rec...

ARTICLE China to further cut corporate costs

BEIJING, May 10 (Xinhua) -- China will further cut taxes and fees to boost the vitality of market entities, the country's top economic planner said Tuesday. China will mobilize financial resour...

ARTICLE China Life Insurance reports premium income growth in 2020

BEIJING - China Life Insurance Company Limited, one of the country's biggest insurers, posted premium income growth in 2020. The company's premium income totaled approximately 604.67 billio...

ARTICLE China Focus: Leisure industry to drive economic development in post-pandemic era

BEIJING, April 22 (Xinhua) -- The prospects of the global leisure industry were extensively discussed by experts and officials at the six-day Pinggu World Leisure Conference that concluded Wednesday i...

ARTICLE China's foreign trade up 27.1 pct in H1

BEIJING, July 13 (Xinhua) -- China's total imports and exports expanded 27.1 percent year on year to 18.07 trillion yuan (about 2.79 trillion U.S. dollars) in the first half of 2021, official data...

TRADE BNIBT: producing and selling vitro diagnose kits

...Beijing North Institute of Biological Technology(BNIBT) was established on July 1,1985,which has engaged in researching, producing and selling of in vitro diagnose kits. It's one of the biggest an...

ARTICLE Global economy to recover faster in H2: report

BEIJING, July 11 (Xinhua) -- The global economy is likely to recover at a faster pace in the second half of this year, according to a report by the Bank of China (BOC). In the relevant report on th...

ARTICLE China's central bank conducts 10 bln yuan of reverse repos

BEIJING, March 30 (Xinhua) -- China's central bank Tuesday conducted 10 billion yuan (about 1.52 billion U.S. dollars) of reverse repos to maintain reasonably ample liquidity in the banking system...

ARTICLE China's overnight Shibor interbank rate decreases Wednesday

BEIJING, July 28 (Xinhua) -- The overnight Shanghai Interbank Offered Rate (Shibor), which measures the borrowing cost of China's interbank market, decreased 17.8 basis points to 2.092 percent Wed...