BEIJING, March 15 (Xinhua) -- China is leading the world in building infrastructure of 5G networks, and especially utilizing the technology in factories, coal mines, shipyards and warehouses, said an article published by The Wall Street Journal on Sunday.'The country is widely seen as being out front in the deployment of localized, high-powered 5G networks in sprawling industrial sites, which aim to use the technology to help automate labor-intensive or dangerous industrial processes, and hopefully boost productivity,' said the article.'These sites include 5G coal mines with remote...
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WASHINGTON/CHICAGO, March 14 (Xinhua) -- The Chinese economy is in 'excellent shape,' and the China-proposed Belt and Road Initiative (BRI) has lived up to its expectations, an economist told Xinhua recently.During a virtual interview, Khairy Tourk, a professor of economics at the Chicago-based Illinois Institute of Technology, said China's economic growth target of around 5.5 percent for 2022 is 'very realistic' and that there is a possibility that China might overshoot the number, 'judging by the country's past record of predicting future growth rates.''We...
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According to the data of the National Bureau of Statistics, in 2021, China's high-quality economic development achieved new results, and its GDP increased by 8.1%, ranking among the top economies in the world, demonstrating its strong development vitality and resilience.This year's government work report pointed out that, based on a comprehensive study of the domestic and international situation, the risks and challenges faced by China's development have obviously increased, and it is necessary to climb the slope. The more difficult it is, the more confident it is, and the more pra...
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Recently, the global financial market is facing tremendous pressure, and the A-share market is also affected to a certain extent. In this regard, the interviewed experts believe that the short-term disturbance of the A-share market mainly comes from external factors, and the strong resilience and fundamental advantages of the Chinese economy provide a solid foundation for the stable and healthy development of the market.'We are full of confidence in the Chinese economy.' A number of listed companies told the shanghai securities news that they would be ready to take various measures to ...
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BEIJING, March 13 (Xinhua) -- China's coal market has seen growth in output since late February amid the country's efforts to stabilize production and ensure supply, the top economic planner said.The country's daily output of coal has maintained more than 12 million tonnes since late February, up 10 percent year on year, the National Development and Reform Commission said.Daily output of Shanxi Province, Inner Mongolia Autonomous Region and Shaanxi Province came in at over 9 million tonnes, the commission said, noting that high output has driven the coal supply to further increase....
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