From 11 trillion yuan to more than 45 trillion yuan, the scale of China's digital economy has leapt to a new level in the past ten years, providing a powerful impetus for economic and social development.In today's China, mobile payment has reached every corner of China, with an annual transaction scale of 527 trillion yuan. The world-leading mobile payment is profoundly changing everyone's life.In the past ten years, China has built an advanced and complete digital industry system, with the core industry of computing power exceeding 1.5 trillion yuan, with an average growth rate of...
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'Recently, several infrastructure projects have been added in Fuzhou. Driven by the start of new projects, the current daily cement shipments have increased from a dozen cars before October to about twenty cars.' Mr. Zhang, who is engaged in cement business in Fuzhou, Fujian, told china securities journal that with the continuous progress of the project construction, it is expected that the cement shipments will increase significantly from the end of October to November.In the fourth quarter, with the acceleration of a series of major projects, a number of central enterprises have won ...
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2022
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State-owned offshore oil and gas producer China National Offshore Oil Corp said Thursday that the company has discovered the first deep-water deep-stratum large gas field in the South China Sea.The Baodao 21-1 Gas Field, located in Qiongdongnan Basin, has a proven in-place of natural gas and condensate oil at over 50 billion cubic meters and 3 million cubic meters respectively, said the company. Baodao 21-1 gas field will lay a solid foundation for the construction of a gas production base of trillion cubic meters resources in the South China Sea. The review and filing once again confirme...
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2022
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Continued efforts are being made to boost the renminbi's international profile as it plays an increasingly important role in the global market, experts said.That will be especially conducive to the international financial system's stability and economic growth, as the United States Federal Reserve's successive interest rate hikes are exacerbating global volatility, they said.The RMB accounted for 2.44 percent of global payments in September, up from 2.31 percent a month earlier, the global bank-to-bank messaging system Society for Worldwide Interbank Financial Telecommunication sai...
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2022
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Increase investment in innovation and improve profitabilityNew achievements in reform, high-quality development of central enterprises, striving for the first timeAccording to the deployment of the State-owned Assets Supervision and Administration Commission of the State Council, the three-year task of state-owned enterprise reform should be fully completed before the end of this year, and this three-year reform examination will soon be 'rolled up by the bell'. As the 'stabilizer' and 'ballast stone' of the national economy, central enterprises have handed over one afte...
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2022
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