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BEIJING, Dec. 21 (Xinhua) -- Governments at all levels in China invested a total of 7.5 trillion yuan (about 1.2 trillion U.S. dollars) in the transportation sector during the 13th Five-Year Plan period (2016-2020), driving related investment in fixed assets to exceed 16 trillion yuan, according to a report from the Ministry of Finance.When delivering a work report on the allocation and use of government funds for transportation at an ongoing session of the Standing Committee of the National People's Congress on Tuesday, vice minister of finance Yu Weiping said that during the five-year pe...
发布时间: 2021 - 12 - 23
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Xinhua news agency, Beijing, December 21, entitled 'have the confidence, conditions, and ability to keep the economy running within a reasonable range' -- an interview with Ning Jizhe, deputy director of the national development and Reform Commission and director of the National Bureau of StatisticsThe central economic work conference requires that next year's economic work should be stable and seek progress while maintaining stability. How to stabilize expectations? What policies will be introduced conducive to economic stability? How to organically combine cross cycle and counter...
发布时间: 2021 - 12 - 22
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XIAMEN, Dec. 21 (Xinhua) -- Chinese President Xi Jinping has sent a congratulatory letter on the 40th anniversary of the establishment of the Xiamen Special Economic Zone (SEZ) in east China's Fujian Province.The letter by Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, was read out on Tuesday at a gathering marking the anniversary in Xiamen.Hailing the historic strides made in various undertakings in the SEZ over the past 40 years, Xi said in the letter that the Xiamen SEZ has made important contributions ...
发布时间: 2021 - 12 - 22
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HEFEI, Dec. 20 (Xinhua) -- China is building a research facility to incubate core technologies used in power generation of fusion energy that powers the sun.The facility in the pipeline, called 'Comprehensive Research Facility for Fusion Technology' (CRAFT), is a platform on which engineers develop and test fusion energy reactor's key components.It is expected to be finished around 2024, according to the Institute of Plasma Physics under the Chinese Academy of Sciences (ASIPP).China has already completed the engineering design of a fusion energy testing reactor, according to ASIPP....
发布时间: 2021 - 12 - 21
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BEIJING, Dec. 20 (Xinhua) -- China on Monday lowered its one-year loan prime rate (LPR) for the first time in 20 months, a step for the country to further bolster the real economy.The one-year LPR, a market-based benchmark lending rate, came in at 3.8 percent in December, down from 3.85 percent a month earlier, said the National Interbank Funding Center (NIFC).The over-five-year LPR, which many lenders base their mortgage rates on, remained unchanged from the previous reading of 4.65 percent.Lowering one-year LPR will help financial institutions further reduce the financing cost of the real ec...
发布时间: 2021 - 12 - 21
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