Sentiment in the foreign exchange market improved further on Monday as outlook for China's economic growth brightened against the backdrop of the country's strong resilience and expectations that the US Federal Reserve's monetary tightening is likely to slow down, experts said.The USD/CNY central parity rate offered by the China Foreign Exchange Trade System — the most important reference indicator for the spot interbank foreign exchange market — came in at 7.0899 on Monday, with the renminbi appreciating by 1,008 basis points against the greenback. It is the RMB's biggest dail...
发布时间:
2022
-
11
-
15
浏览次数：1
Vehicle sales continued their momentum into October, which has made the country's leading industry association optimistic that total sales this year will be up by 3% from 2021.Carmakers sold 2.51 million vehicles last month, said the China Association of Automobile Manufacturers on Thursday.This was 4% less than September but up 6.9% year-on-year, said the CAAM. Both September and October are usually peak months for car sales in China.The October sales numbers brought total deliveries in the first 10 months of this year to 21.98 million units across the country, up 4.6% from the same perio...
发布时间:
2022
-
11
-
14
浏览次数：1
The second ASEAN Global Dialogue kicked off in the capital of Cambodia on Sunday, focusing on sustainable post-COVID-19 pandemic economic recovery.Addressing the forum, Cambodian Prime Minister Samdech Techo Hun Sen said this high-level dialogue was designed to promote regional and global economic recovery.It focused on two topics - 'Working Together Towards Inclusive Economic Recovery' and 'Building Resilient and Sustainable ASEAN in the post-COVID-19 era', he said.'The COVID-19 has not only threatened and claimed millions of people lives, but it has also caused a severe n...
发布时间:
2022
-
11
-
14
浏览次数：1
The fifth China International Import Expo (CIIE) concluded in Shanghai Thursday, with a total of 73.5 billion U.S. dollars worth of tentative deals reached for one-year purchases of goods and services.The figure represented an increase of 3.9 percent from that of last year, Sun Chenghai, deputy director of the CIIE Bureau, told a press conference.A total of 145 countries, regions and international organizations attended the expo, Sun said, adding that more than 2,800 enterprises from 127 countries and regions participated in the business exhibition, showcasing 438 new products, technologies an...
发布时间:
2022
-
11
-
11
浏览次数：4
China has allocated multiple funds from its 2023 central budget in advance to support local government work, the Ministry of Finance said Thursday.Specifically, a total of 211.5 billion yuan (about US$29.2 billion) of transfer payments have been prearranged to ensure food security and stabilize agricultural production, according to the ministry.With regard to poverty alleviation and rural vitalization, the country has allocated subsidies worth 148.5 billion yuan from the central budget.It has earmarked 94.1 billion yuan to bolster the construction of water conservancy projects nationwide.The m...
发布时间:
2022
-
11
-
11
浏览次数：1