Category archives: Business

BEIJING -- Chinese Premier Li Keqiang has stressed the importance of implementing macro policies innovatively, better unleashing market vitality, stabilizing the macroeconomy, and keeping the economy running within an appropriate range. Li, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, made the remarks at a symposium which he presided over on Thursday. The symposium was held to solicit opinions and suggestions from experts, scholars and entrepreneurs on a draft government work report. The document will be deliberated at the top legislature"s annual session in March. Vice-Premier Han Zheng,

BEIJING -- Most of capital goods monitored by the Chinese government registered higher prices in mid-January compared with early January, official data showed Monday. Of the 50 major goods monitored by the government, including seamless steel tubes, gasoline, coal, fertilizer and some chemicals, 32 reported rising prices during the period, 15 registered lower prices, while three saw prices remain unchanged, according to the National Bureau of Statistics. Hog prices lost 6.7 percent in mid-January compared with that in early January. The readings, released every 10 days, are based on a survey of nearly 2,000 wholesalers and distributors in 31 provincial-level

WUHAN-- Wuhan, capital of Central China"s Hubei province, once hit hard by the COVID-19 epidemic in 2020, notched up 12.2 percent GDP growth in 2021, local authorities said Monday. The GDP of Wuhan totaled more than 1.77 trillion yuan ($280 billion) last year, according to the municipal statistics bureau. The figure also represents a 6.7 percent increase from that of the same period in 2019, showing a sound momentum in economic recovery and development. In 2021, the added value of Wuhan's primary, secondary and tertiary industries reached over 44.4 billion yuan, 620.8 billion yuan and 1.1 trillion yuan, respectively, up