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China's energy regulator has vowed to continuously improve electricity services in the country, including the power quality and process of power access to further improve the business environment.The National Energy Administration said it would further improve the process of electricity access and lower costs for residents as well as small-and medium-sized enterprises, and has earmarked 130 billion yuan ($19.1 billion) in investment for small-and medium-sized enterprises in the country over the next three years.The administration would continuously push forward the optimization of business...
Date: 2020 - 09 - 29
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China International Green & Smart Community Infrastructure Expo 2020 and City Union Partners Conference will be held from Nov 5 to 7, as part of the country's ongoing efforts to speed up the new urbanization drive.The expo hopes to help seek new development opportunities, build a new pattern of community governance and further boost the development of smart cities, Li Liping, president of China Council for the Promotion of International Trade Construction Industry Branch, said at a news conference held in Beijing on Thursday.The expo will be co-hosted by the national digital standardiz...
Date: 2020 - 09 - 28
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The U.S. Federal Reserve's decision to keep interest rates at near zero for the foreseeable future will have little effect on China's monetary policy, which will continue to remain prudent for the rest of the year, experts said.The U.S. Fed said after a policy meeting on Wednesday that short-term rates will remain at 0 percent to 0.25 percent. Fed officials said that they expect to keep the interest rates at zero through 2023 and added that they will not raise borrowing costs until inflation has reached 2 percent and 'moderately exceeds' that level for an extended period.The lo...
Date: 2020 - 09 - 18
Views:2
More efforts will be put into the coordinated development and resumption of manufacturing in the second half of the year to offset the impact brought by the COVID-19 pandemic, according to a top industry regulator.'Accelerated steps will be made to maintain the stability of the industrial and supply chains. The country will also step up efforts in helping small and medium-sized enterprises to tide over difficulties, drive technological innovation as well as bring about digital transformation and upgrading,' said Xin Guobin, vice-minister from the Ministry of Industry and Information Te...
Date: 2020 - 08 - 29
Views:1
HOHHOT -- Manzhouli, China's largest land port, has saw 2,011 China-Europe freight trains this year, up 22.6 percent year-on-year, according to China Railway Harbin Group Co Ltd.Over 180,500 twenty-foot equivalent units (TEUs) of goods have been transported through the cargo trains since the beginning of the year, up 22.2 percent year-on-year.Some 93,918 TEUs of goods have been carried by 1,039 outbound trains via Manzhouli, while over 86,600 TEUs have been carried by 972 inbound trains.Authorities in Manzhouli port have facilitated customs clearance to improve efficiency, with the time re...
Date: 2020 - 08 - 19
Views:2
China saw its foreign trade rise 6.5 percent year on year in July, with exports and imports up 10.4 percent and 1.6 percent, respectively, data showed Friday.Foreign trade stood at 2.93 trillion yuan (about 422.14 billion U.S. dollars) last month, resulting in a trade surplus of 442.23 billion yuan, the General Administration of Customs (GAC) said.In the first seven months of this year, foreign trade of goods went down 1.7 percent year on year to 17.16 trillion yuan, narrowing by 1.5 percentage points compared with the decrease for the first half.During the January-July period, the Association...
Date: 2020 - 08 - 12
Views:5
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