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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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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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BERLIN, July 26 (Xinhua) -- German discount retailer Aldi South is considering a further business expansion in China with the planned opening of at least 100 new stores, the local business newspaper Handelsblatt has reported.'China is and remains one of the most fascinating markets in all areas,' the paper quoted Roman Rasinger, managing director of Aldi China, as saying on Sunday. He said he sees a 'huge potential in the food market' in China.Aldi has so far opened 26 stores in China, all based in its largest city Shanghai.For Rasinger, the Shanghai-centered Yangtze River Delt...
发布时间: 2022 - 07 - 27
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BEIJING, July 26 (Xinhua) -- China will launch a pilot program to streamline the panda bond registration and issuance mechanism in a bid to further open the country's bond market, an industrial body announced on Tuesday.As part of the pilot program, which will take effect on Aug. 1, the issuer base for universal registration will be expanded, according to a notice released by the National Association of Financial Market Institutional Investors.The association will also introduce a frequent issuer program to facilitate issuances by overseas entities and reduce repetitive disclosure.Panda bo...
发布时间: 2022 - 07 - 27
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BEIJING, July 25 (Xinhua) -- China will roll out more financial support to help COVID-19-hit cultural and tourism firms, authorities announced Monday.Credit services to culture and tourism market players will be boosted by monetary policy tools like relending and rediscount, according to a guideline released by the People's Bank of China and the Ministry of Culture and Tourism.Local authorities and banking institutions are urged to offer targeted financing services to firms that are identified as having difficulty in normal operation.The guideline is the Chinese government's latest mov...
发布时间: 2022 - 07 - 26
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