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China's credit expansion is expected to remain healthy in the fourth quarter after rebounding stronger than expected last month, setting the stage for a steady economic recovery, experts said on Wednesday.The nation's increment in aggregate social financing — the total amount of financing to the real economy — rose to 3.53 trillion yuan ($492.79 billion) last month, up 624.5 billion yuan year-on-year, according to the People's Bank of China, the country's central bank.The amount was significantly higher than market forecasts of less than 3 trillion yuan, experts said, indicatin...
发布时间: 2022 - 10 - 14
浏览次数:2
In the first eight months of this year, a total of 3.3 billion yuan in selected taxes and fees were cut for some 831,000 taxpayers in Beijing, with a temporary exemption on VAT payments worth 1 billion yuan being granted to 44,000 small-scale taxpayers, official data shows.These selected taxes are called the 'six taxes and two surcharges' for short, and include resource tax (excluding water tax), urban maintenance and construction tax, property tax, urban land use tax, stamp duty (excluding stamp duty on securities transactions), farmland occupation tax, educational surcharges, and loc...
发布时间: 2022 - 10 - 13
浏览次数:2
The Shenzhen stock exchange will include qualified primary listed stocks on the Hong Kong Stock Exchange in the Southbound Stock Connect, a spokesperson said Saturday.Companies including Chinese video platform Bilibili, tech conglomerate Alibaba and fast-food restaurant Yum China have applied for primary listing status in Hong Kong this year, paving the way for a Stock Connect application.The Stock Connect is a cross-boundary investment channel that connects the Shanghai, Shenzhen, and Hong Kong stock exchanges. The scheme helps investors in one market to trade shares in others.Takin...
发布时间: 2022 - 10 - 13
浏览次数:2
The International Monetary Fund (IMF) on Tuesday projected the global economy to grow by 3.2 percent this year and 2.7 percent in 2023, with a downward 0.2-percentage-point revision for 2023 from the July forecast, according to the latest World Economic Outlook (WEO) report.The global economy is experiencing 'a number of turbulent challenges,' as inflation higher than seen in several decades, tightening financial conditions in most regions, Russia-Ukraine conflict, and the lingering COVID-19 pandemic all weigh heavily on the outlook, the report said.'This is the weakest growth prof...
发布时间: 2022 - 10 - 12
浏览次数:2
China's resident income growth has basically kept pace with the country's economic growth in the past decade, and the income gap between urban and rural residents has narrowed, the National Bureau of Statistics (NBS) said Tuesday.China's per capita disposable income stood at 35,128 yuan (about 4,940 U.S. dollars) in 2021, up 112.8 percent from 2012. It brought the average annual nominal growth rate to 8.8 percent in the past decade. After deducting price factors, the average annual real growth rate was 6.6 percent, basically in line with the expanding economy, the NBS said.The inco...
发布时间: 2022 - 10 - 12
浏览次数:2
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