May Day holiday sees 133m railway passenger trips on May 6, 2023China’s railway passenger flow surged during the May Day holiday travel rush, data from China State Railway Group Co., Ltd. (China Railway) showed Friday. From April 27 to May 4, 133 million railway passenger trips were made nationwide, 27.94 million more than during the May Day holiday travel rush in 2019, said China Railway. The […]
China registers over 1.25m daily entry, exit trips during May Day holiday on May 5, 2023Border inspection agencies across China have seen an average of over 1.25 million inbound and outbound trips made per day during the five-day May Day holiday that ended on Wednesday, an increase of about 2.2 times compared with the same period last year, said the National Immigration Administration (NIA) on Thursday. The number was 59.2 […]
Shanghai sees strong exports of new energy products in Q1 on May 4, 2023Exports of new energy products, including electric vehicles, lithium-ion batteries, solar cells, handled by the Shanghai Customs posted strong growth in the first quarter of 2023, the customs said on Wednesday. From January to March, 147,000 electric automobiles were exported, with a value of 33.88 billion yuan (about 4.89 billion U.S. dollars), up 34.9 percent […]
Gold falls on stronger U.S. dollar on May 3, 2023Gold futures on the COMEX division of the New York Mercantile Exchange fell on Monday as U.S. dollar index rose. The most active gold contract for June delivery fell 6.90 U.S. dollars, or 0.35 percent, to close at 1,992.20 dollars per ounce. Investors are digesting JPMorgan Chase’s buying of business and deposits of the First […]
Chinese experts imparting rice-growing technology in Dominican Republic on May 2, 2023A team of Chinese experts is imparting China’s rice-growing technology in the Dominican Republic to help the country improve the yield and quality of rice. Since October, the three-member team has been experimenting on 1.3 hectares of land provided by the Dominican National Rice Training Center in Banao, a town some 80 km northeast of […]
Cambodia to transform Sihanoukville seaport into hub port by 2029 on May 2, 2023Cambodia on Monday started the construction of a new container terminal at the Sihanoukville Autonomous Port, aiming to transform this feeder port into the hub port by 2029. At a groundbreaking ceremony held here, Cambodian Prime Minister Samdech Techo Hun Sen said the port development will respond to the kingdom’s economic growth and rising international […]
China’s railway investment up 6.6% in Q1 on May 2, 2023Fixed-asset investment in China’s railways went up 6.6 percent year on year in the first quarter (Q1) of the year, data from the China State Railway Group Co., Ltd. shows. A total of 113.55 billion yuan (about 16.40 billion U.S. dollars) was invested in the country’s railways, said the group, adding that the growth of […]
California approves landmark vote to ban diesel trucks on May 2, 2023The U.S. state of California on Friday passed the Advanced Clean Fleets rule (ACF), a sweeping new regulation setting timelines for trucks to achieve zero emission as part of its on-going commitment to switch to clean energy. The California Air Resources Board (CARB) unanimously voted to implement the ACF affecting medium and heavy-duty truck fleets […]
China’s weekly export container shipping index goes up on May 2, 2023China’s index of export container transport increased in the week ending on April 28, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) went up 3.2 percent to 964.49 from the previous week, according to the exchange. The sub-index for the west coast America service led the increase with a week-on-week […]
China’s Jiangsu sees GDP up 4.7% in Q1 on April 30, 2023The gross domestic product (GDP) of east China’s Jiangsu Province grew by 4.7 percent year on year in the first quarter of 2023, exceeding 2.9 trillion yuan (about 419.7 billion U.S. dollars), according to the provincial statistical bureau. The added values of Jiangsu’s primary, secondary, and tertiary industries in the first quarter were 63.4 billion […]