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China’s Booming Tourism Generated USD830 Billion in Revenue Last Year

China’s Booming Tourism Generated USD830 Billion in Revenue Last Year

Tourism continued to boom in China last year, generating CNY5.4 trillion (USD830 billion) in revenue, said Li Jinzao, head of the China National Tourism Administration.

Jan 9, 2018
Xu Wei
China's Passenger-Journeys to Reach Almost 3 Billion in 2018 Chunyun

China's Passenger-Journeys to Reach Almost 3 Billion in 2018 Chunyun

China’s National Development and Reform Commission expects the number of Chinese travelers during the 2018 Spring Festival to reach 2.98 billion, a similar level to that of last year.

Jan 9, 2018
Xu Wei
Hong Kong Consumer Confidence Index Ranks Lowest in Greater China

Hong Kong Consumer Confidence Index Ranks Lowest in Greater China

The consumer confidence index in Hong Kong was the lowest in Greater China in the fourth quarter of last year, China News Service reported, citing surveys schools in the region conducted.

Jan 9, 2018
Xu Wei
China’s Express Business Will Hit 49 Billion Cases This Year, China Post Projects

China’s Express Business Will Hit 49 Billion Cases This Year, China Post Projects

This year will see China’s express sector completing 49 billion deliveries, up 22.5 percent per year, the State Postal Bureau…

Jan 9, 2018
Xu Wei
China Rules Seas With Seven of the World’s Top 10 Largest Container Ports

China Rules Seas With Seven of the World’s Top 10 Largest Container Ports

Asia is home to half of the 100 largest container ports in the world, and China alone has seven ports…

Jan 8, 2018
Xu Wei
China’s Foreign Reserves Hit USD3.14 Trillion in 11-Month Winning Streak

China’s Foreign Reserves Hit USD3.14 Trillion in 11-Month Winning Streak

China’s foreign exchange reserves grew by 0.66 percent on the month to USD3.14 trillion in December, marking an 11-month winning…

Jan 8, 2018
Xu Wei
SK’s FDI Hit a New High Last Year Even as Investment from China Dropped Over 60%

SK’s FDI Hit a New High Last Year Even as Investment from China Dropped Over 60%

Foreign direct investment in South Korea remained high last year, notwithstanding a drastic drop in Chinese outlays in the country.

Jan 3, 2018
Xu Wei
Academicians Foresee 6.7% GDP Growth for China This Year

Academicians Foresee 6.7% GDP Growth for China This Year

The Chinese Academy of Social Sciences (CASS), Bank of China Ltd. [SHA:601988] and other prestigious institutions and firms foresee 6.7 percent growth in China’s gross domestic product this year.

Jan 3, 2018
Dou Shicong
Caixin China General Manufacturing PMI Hits Four-Month High in December

Caixin China General Manufacturing PMI Hits Four-Month High in December

Caixin China General Manufacturing Purchasing Managers’ Index recorded four-month high in December, but downward pressure on the economy in 2018…

Jan 2, 2018
Xu Wei
Chinese Manufacturing Preserves Growth Despite Factory Closures

Chinese Manufacturing Preserves Growth Despite Factory Closures

China’s manufacturing purchasing managers’ indexes fell last month after the introduction of smog curbing measures which caused a supply shortage, but maintained a 15-month streak above 51.

Jan 2, 2018
Xu Wei
China Places Second in MasterCard Asian-Pacific Consumer Confidence Index Ranking

China Places Second in MasterCard Asian-Pacific Consumer Confidence Index Ranking

Mainland China came in second place in a Consumer Confidence Index ranking that MasterCard published last week with a score of 92.2 on a 100-point system. The Philippines’ 94.5 put it in first.

Jan 2, 2018
Xu Wei
China’s Foreign Debts Rise to USD1.7 Trillion on Trade Credits, Advances

China’s Foreign Debts Rise to USD1.7 Trillion on Trade Credits, Advances

Growth of debt securities, trade credits and advances drove up China’s foreign debts to USD1.68 trillion in the third quarter,…

Dec 29, 2017
Xu Wei

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