Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

Factbox: China's progress in economic resumption

September 10, 2020


Abstract : China's success in controlling COVID-19 means the economy is in a steady revival mode.

BEIJING, Sept. 9 (Xinhua) -- China's success in controlling COVID-19 means the economy is in a steady revival mode. The following facts and figures indicate how the country is forging ahead in resuming work and production:

-- The 2020 China International Fair for Investment & Trade and the Belt and Road Investment Congress opened Tuesday in Xiamen, east China's Fujian Province, offering opportunities to promote investment and economic cooperation worldwide.

The fair, which has attracted merchants and delegates from 42 countries and regions including Germany, Britain and Japan, is one of the first major international economic and trade events held by China since the COVID-19 outbreak.

-- The number of China-Europe freight trains hit a record high of 1,247 in August, up 62 percent year on year, data from the China State Railway Group Co., Ltd. showed Wednesday.

This marks the sixth consecutive month that the number registered double-digit growth.

The freight trains have played a crucial role in helping stabilize the international logistics supply chain, transporting 113,000 twenty-foot equivalent units of cargo last month, up 66 percent from a year earlier, according to the company.

-- China's local government bond issuance hit 1.2 trillion yuan (about 175.4 billion U.S. dollars) in August, data from the Ministry of Finance showed Wednesday.

The figure took the total local government bond issuance for the year to 4.96 trillion yuan by the end of August as authorities quickened bond sales as part of proactive fiscal policies to shore up the virus-hit economy. Enditem

Scan the QR code and push it to your mobile phone

Keyword: China economic resumption

Reading:

China's agricultural product wholesale prices edge down

Silk Road Maritime International Cooperation Forum 2020 opens in E.China Xiamen

SNAM to strengthen itself in Greece on the regasification market and to focus on the hydrogen sector

Secoo to pave the way towards Eastern countries to Italian luxury artisans

China Focus: Steps to make life easier mirror challenges of building a well-off China

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial