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The enhanced standing of the renminbi as a key global reserve asset will further boost the Chinese currency's accelerated march toward playing a more central role in the international financial governance system, officials and experts said.Nevertheless, more reform and opening-up of China's financial markets are still necessary for the renminbi to become a well-acknowledged global currency like the US dollar and the euro, they added.Taking effect on Monday, the International Monetary Fund has raised the weighting of the renminbi in the basket of currencies that make up the Special Draw...
发布时间: 2022 - 08 - 02
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BEIJING, July 28 (Xinhua) -- The Central Committee of the Communist Party of China (CPC) has held a symposium with non-CPC personages to solicit opinions and suggestions on the country's current economic situation and economic work for the second half of the year.Xi Jinping, general secretary of the CPC Central Committee, presided over the symposium on July 25 and delivered an important speech.China's development still has multiple strategic favorable conditions. China's economy is still highly resilient and has great potential and vitality, and the economic fundamentals that will ...
发布时间: 2022 - 07 - 29
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BEIJING, July 28 (Xinhua) -- Chinese People's Liberation Army (PLA) will never tolerate 'Taiwan independence' separatist acts and external interference, and will take resolute countermeasures, a Chinese defense spokesperson said Thursday.'Actions are the best answer,' said Wu Qian, a spokesperson for the Ministry of National Defense, at a regular press conference.Wu made the remarks while answering a question on Taiwan-related military actions.'The relevant sides should learn to adapt, reflect on themselves and, more importantly, avoid going down the wrong path further,...
发布时间: 2022 - 07 - 29
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According to the data released by the Ministry of Finance on July 26th, more than 4 trillion yuan of new local government bonds were issued nationwide in the first half of the year. Experts said that this year's issuance of local bonds has obviously accelerated, which fully reflects the proactive fiscal policy. Follow-up special debt funds will speed up the allocation and use, and promote the formation of physical workload as soon as possible.Advance the release scheduleAccording to the data of the Ministry of Finance, in June, 1,576.5 billion yuan of new local government bonds were issued...
发布时间: 2022 - 07 - 28
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BEIJING, July 27 (Xinhua) -- Profits of China's major industrial firms sustained growth momentum in the first half of the year as production continued to recover.Industrial firms each with annual main business revenue of at least 20 million yuan (about 2.95 million U.S. dollars) saw their combined profits exceed 4.27 trillion yuan in the period, the National Bureau of Statistics (NBS) said on Wednesday.The figure represented a 1-percent year-on-year increase compared with the same period in 2021.The combined revenues of those firms went up 9.1 percent from a year ago to 65.41 trillion yuan...
发布时间: 2022 - 07 - 28
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