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German construction activity contracts most since April 2020
The German construction sector deteriorated at the steepest pace in just over three-and-a-half years in November amid a sharp fall in activity across all segments, especially housing projects, survey results from S&P Global showed.
December06,2023
China revises preliminary calculation of 2020 GDP
- China's gross domestic product (GDP) in 2020 was revised to 101.36 trillion yuan (about 15.92 trillion U.S. dollars), official data showed Friday.
December17,2021
Eurozone investor sentiment weakest since 2020
Eurozone investor confidence deteriorated further in October on concerns over the energy supply in winter, in addition to the economic worries and a possible escalation of the military conflict in Ukraine, survey results from the behavioral research institute Sentix showed. .
October12,2022
China-Brunei cooperation expands in 2020: ambassador
Bilateral cooperation between China and Brunei in various fields had continued to develop and expand in the year 2020, Yu Hong, Chinese ambassador to Brunei, said here on Wednesday.
January21,2021
Huawei posts steady growth in 2020
Chinese hi-tech giant Huawei saw steady growth in 2020, with its global sales revenue posting a year-on-year rise of 3.8 percent to 891.4 billion yuan (about 136.1 billion U.S. dollars), according to its 2020 financial report released Wednesday.
April01,2021
Xinjiang accelerates fixed-asset investment in 2020
Northwest China's Xinjiang Uygur Autonomous Region saw booming fixed-asset investment (FAI) growth in 2020 as the region picked up pace in development, official data showed Wednesday.
January28,2021
Lenovo leads in 2020 PC shipments
Global personal computer (PC) giant Lenovo Group continued to see its market share top the world in 2020, according to a report.
January18,2021
China reports current-account surplus in 2020
China saw a current-account surplus of 274 billion U.S. dollars in 2020 as the economy recovered amid effective epidemic control, official data showed Friday.
March29,2021
A look at China's economy in 2020
China's gross domestic product (GDP) expanded 2.3 percent year on year in 2020, exceeding the 100-trillion-yuan (15.42 trillion U.S. dollars) threshold to 101.5986 trillion yuan, official data showed Monday.
January22,2021
China's bike output surges in 2020
China's bicycle manufacturers reported robust output growth in 2020, partly buoyed by booming overseas demand, official data showed.
February08,2021
SAIC-GM-Wuling posts strong auto sales in 2020
SAIC-GM-Wuling (SGMW), a major Chinese automobile manufacturer between SAIC Motor, General Motors and Liuzhou Wuling Motors, reported strong annual sales in 2020, the company said.
January05,2021
Ping An Insurance net profits down in 2020
Ping An Insurance (Group) Company of China, Ltd. announced Wednesday that net profits attributable to its shareholders declined by 4.2 percent, year on year, in 2020 due to COVID-19.
February04,2021
Chinese SOEs report higher revenue in 2020
China's state-owned enterprises (SOEs) reported a rise in revenue last year despite the impact of the COVID-19 epidemic, according to data from the Ministry of Finance.
February01,2021
China sees increasing FDI inflow in 2020
Foreign direct investment (FDI) in China expanded 37 percent year-on-year to 213 billion U.S. dollars, showing foreign investors' confidence about China's long-term economic development potential.
February24,2021
Heilongjiang Business Environment Assessment Report (2020)
Located in the northeast of the country, Heilongjiang is the northernmost and easternmost province of the country. The province is bordered by Jilin to the south and Inner Mongolia to the west. It also shares a border with Russia to the north and east. The capital and the largest city of the province is Harbin. Among Chinese provincial-level administrative divisions, Heilongjiang is the sixth-largest by total area and the 15th-most populous.
June03,2021
Guangdong Business Environment Assessment Report (2020)
Guangdong is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 113.46 million across a total area of about 179,800 km², Guangdong is the most populous province of China and the 15th-largest by area. Its economy is larger than that of any other province in the nation and the 4th largest sub-national economy in the world with GDP of 1.66 trillion USD in 2019. The Pearl River Delta Economic Zone, a Chinese megalopolis, is a core for high technology, manufacturing and foreign trade. Located in this zone are two of the four top Chinese cities and the top two Chinese prefecture-level cities by GDP; Guangzhou, the capital of the province, and Shenzhen, the first special economic zone in the country. These two are among the most populous and important cities in China, and have now become two of the world's most populous megacities.
April22,2021
Qinghai Business Environment Assessment Report (2020)
Qinghai is located in the western part of China, northeastern part of the Tibetan Plateau (also known as the “roof of the world”). As the source of the Yangtze River, the Yellow River and the Lancang River, Qinghai is also reputed as the “source of three rivers”, and “China’s water tower”. Qinghai province has an extremely important ecological status. In recent years, relying on its advantageous conditions in ecological resource, climate and geography and culture, Qinghai province has been active in developing oil, power generating, non-ferrous metals, saline chemical, and other pillar industries. Now, Qinghai’s competitive industries include hydropower resource development, saltwater lake resource development, oil and natural gas resource development, metal and non-metal resource development, etc.
January21,2021
Fujian Business Environment Assessment Report (2020)
Fujian has the second longest coastline in China, with 3,751.5 kilometers of land coastline. Via Fujian, South Asia, West Asia, and East Africa can be reached by sea. Fujian is the starting point of the Maritime Silk Road and Zheng He's voyages to the west, as well as a maritime trading hub.
January27,2021
Xinjiang Business Environment Assessment Report (2020)
Xinjiang is a key region for the Great Western Development Strategy’s implement, an important gateway for China to open up in the west and an important national energy base and transportation corridor. The region has abundant oil and gas resources, which accounts for near one third of China’s onshore reserve. It has China’s 100-million-ton oil and gas field and strategic oil and gas reserve base, and Karamay has the largest oilfield in the west of China.
March11,2021
Hebei Business Environment Assessment Report (2020)
As a passage connecting northeast provinces and cities and northwest China to the sea in the north, Hebei Province serves as a transfer station facilitating commodity circulation in north China, northwest China and northeast China, and a key region of development and opening up for China's regional development strategy.
January27,2021
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