Feature: Port of Long Beach’s new terminal open to more trade with China
LOS ANGELES, Aug. 20 (Xinhua) — The Port of Long Beach, U.S. second busiest port, announced Friday the completion of a 1.5-billion-U.S.-dollar new container terminal …
Industrial Bank issues China’s first carbon sink loan worth 18 mln yuan
BEIJING, Aug. 20 (Xinhua) — China’s first carbon sink loan totaling 18 million yuan (about 2.77 million U.S. dollars) was issued by the Industrial Bank …
Two Chinese steelmakers announce merger, become world’s 3rd largest
SHENYANG, Aug. 20 (Xinhua) — China’s two major steelmakers, Ansteel and Ben Gang Group Corporation, inked a deal on Friday to kick off their merger …
Biggest financial risks tackled to ensure recovery
China will step up efforts to address major financial risks to ensure a stable recovery as growth momentum softens amid rising economic challenges, experts said …
China’s carbon market running smoothly: Ministry
China’s national carbon market has been operating smoothly since it started trading last month, a senior official said Wednesday. Since July, the total trading volume …
China remains largest foreign investor in Laos: deputy PM
China remains the largest foreign investor in Laos, undertaking a total of 813 projects worth over 16 billion U.S. dollars, Lao official has said. Deputy …
Tesla’s Shanghai Gigafactory eyes 90 pct localization rate in 2021
U.S. car manufacturer Tesla is expected to achieve a localization rate of about 90 percent in its Shanghai Gigafactory by the end of this year, …
Economic Watch: Chinese economy on stable track despite challenges
BEIJING, Aug. 16 (Xinhua) — China’s economy maintained its recovery streak in July, despite challenges posed by the resurgence of COVID-19, extreme weather and external …
Foreign trade of northwest China’s Shaanxi grows
XI’AN, Aug. 16 (Xinhua) — The foreign trade of northwest China’s Shaanxi Province rose by 25.1 percent to around 265.4 billion yuan (about 40.95 billion …
China’s digital economy ranks second in the world
China’s digital economy reached 41 trillion yuan ($6.33 trillion) last year, ranking second in the world. It is fair to say that the digital economy …
