text

China UnionPay sees more payments during Dragon Boat Festival holiday

Chinese card payment giant China UnionPay saw increased payments during the three-day Dragon Boat Festival holiday that ended Saturday, the national bank card associat

text

China's Hubei introduces measures to boost consumption

Central China's Hubei Province, once hit hard by COVID-19, will introduce 25 measures to boost consumption and promote economic growth, according to a notice released

text

China's power use up 4.6 pct in May

China's electricity consumption, a key barometer of economic activity, rose 4.6 percent in May as the impact of the novel coronavirus waned, data from the National Ene

text

China's fiscal revenue falls 13.6 pct in Jan-May period

China's fiscal revenue declined in the first five months of the year, down 13.6 percent from one year earlier, official data showed Thursday. The country's fiscal reve

text

China to issue 100 bln yuan in special government bonds

VCG China will issue 100 billion yuan (about 14.1 billion U.S. dollars) in special government bonds in a bid to balance epidemic control with economic and social development, the Ministry of F

text

China to issue 100 bln yuan of special government bonds for COVID-19 control

China will issue 100 billion yuan (about 14.1 billion U.S. dollars) of special government bonds for COVID-19 control measures in a bid to balance epidemic control with

text

Nigeria Debits Banks $1.2 Billion For Missing Regulatory Targets

FILE PHOTO: Nigerian naira banknotes are seen in this picture illustration, September 10, 2018. Picture taken September 10, 2018. REUTERS/Afolabi Sotunde/Illustration/File Photo Nigeria’s cen

text

Japan's service sector activity shrinks for fourth month in May: PMI

VCG Japan's services sector activity stayed deep in contraction in May, although the pace of decline moderated from the previous month, as restraining measures put in place over the coronaviru

text

Russia’s Putin tells government to act quickly on repairing economy

Russian President Vladimir Putin has instructed his government to take quick steps to repair economic damage from the coronavirus pandemic.Prime Minister Mikhail Mishus

text

Income growth of China's internet companies recovers in Jan.-April

The business income of China's major internet and related services companies rose by 4.9 percent during the January-April period to 344.6 billion yuan (48.3 billion U.S. dollars), reversing the de

text

China's Hubei introduces 30 measures to boost consumption

Central China's Hubei Province, once hit hard by COVID-19, introduced 30 measures to boost consumption and promote economic growth on Friday. In 2019, the total retail

text

China state firms' Jan-April profits fall 63 pct

Profits at China's state-owned enterprises (SOEs) fell 63 percent year on year in the first four months of 2020, official data showed. This came after a decline of 59.

text

China's deficit-to-GDP ratio target at over 3.6 pct in 2020

China's deficit-to-GDP ratio this year is projected at more than 3.6 percent, according to a government work report submitted to the national legislature for deliberat

text

China to issue 1-trillion-yuan government bonds for COVID-19 control

China plans to issue 1 trillion yuan (about 141 billion U.S. dollars) of government bonds for COVID-19 control, according to a government work report submitted to the

text

China to reduce corporate burden by over 2.5 trln yuan in 2020

China aims to reduce corporate burden by more than 2.5 trillion yuan (about 353 billion U.S. dollars) throughout the year, according to a government work report submit

text

China's fiscal revenue down 14.5 percent in Jan.-Apr.

VCGChina's fiscal revenue continued to decline in the first four months of the year under the influence of COVID-19, official data showed Monday.The country's fiscal re

text

Large gas belt discovered in China

An oilfield branch of PetroChina, China's largest oil and gas producer, announced their discovery of a huge natural gas belt with an estimated reserve of over 1 trilli