China’s coal-rich province plans to promote intelligent coal mines on May 23, 2023North China’s coal-rich province Shanxi recently rolled out a plan to promote the development of intelligent coal mines and internet platforms for the coal industry. The plan includes building various digital platforms, cultivating talent, conducting research in key technologies and core equipment, increasing favorable financial policies and advancing the development of coal information industry clusters. […]
China, Central Asia must ‘fully unleash’ potential in trade, cooperation: Xi on May 20, 2023Xi Jinping called on China and Central Asia to “fully unleash” their potential in trade, economic and infrastructure cooperation Friday in a speech to heads of state from the strategically vital region. The Chinese president said they must “fully unleash the potential of traditional cooperation in economy, trade, industrial capacity, energy and transport,” according to […]
China’s central bank adds liquidity via reverse repos on May 20, 2023China’s central bank continued to inject funds into the financial system through open market operations Friday. The People’s Bank of China said it has conducted 2 billion yuan (about 284.27 million U.S. dollars) of seven-day reverse repos at an interest rate of 2 percent. The move is aimed at keeping liquidity reasonable and ample in […]
China’s Hunan sees trade with Africa up 90.4% in Jan-April on May 19, 2023In the first four months of 2023, central China’s Hunan Province saw its foreign trade with African countries soar by 90.4 percent year on year to hit a record high of over 22 billion yuan (about 3.14 billion U.S. dollars), said local customs authorities on Thursday. The growth was 40.6 percentage points higher than that […]
China’s industrial output up 5.6% in April on May 17, 2023China’s value-added industrial output, an important economic indicator, went up 5.6 percent year on year in April, data from the National Bureau of Statistics showed Tuesday. The growth rate was 1.7 percentage points higher than that of March, the bureau said. In April, the industrial production was generally stable, and the equipment manufacturing sector saw […]
Laos begins to prepare for ASEAN Tourism Forum 2024 on May 16, 2023Lao tourism authorities are preparing to host the annual ASEAN Tourism Forum in 2024, which will take place in the Lao capital Vientiane on Jan. 22-27. The theme of the forum will be “Quality and Responsible Tourism — Sustaining ASEAN Future”, Lao News Agency on Sunday quoted Minister of Information, Culture and Tourism Suanesavanh Vignaket […]
International pump track park opens in China’s Liaoning on May 16, 2023A world-class park featuring pump tracks opened to the public on Sunday in Shenyang, capital of northeast China’s Liaoning Province. Pump tracks are playgrounds or sports facilities for bikers, skateboarders or scooter riders. Using their arms and legs, riders can pump their bikes, boards or scooters around the tracks consisting of jumps, rollers and banked […]
China-Laos Railway records over 13,000 cross-border passenger trips on May 15, 2023The China-Laos Railway has handled 13,310 cross-border passenger trips since the launch of its passenger service on April 13, according to the Mohan entry-exit border checkpoint. During this period, the Chinese border town of Mohan in southwest Yunnan Province logged 7,024 inbound passenger trips and 6,286 outbound trips. “It’s very convenient to travel to China […]
China sees significant expansion in new taxpayers in April on May 14, 2023China has witnessed a spike in the number of new taxpaying market entities in April as the country’s economy continues to recover. A total of 1.48 million new market entities handling tax-related business were registered last month, an increase of 28.8 percent from the same period last year, data from the State Taxation Administration showed. […]
Severe corrosion in U.S. monetary policies leads to social troubles: experts on May 14, 2023A Turkish analyst says severe corrosion in the United States’ monetary policies, especially in recent years, has caused or exacerbated numerous problems in American society. Murat Tufan, an analyst with Turkish broadcaster Ekoturk, said that the wrong and inconsiderate policies of the U.S. Fed have been one of the most significant issues that drew millions […]