BEIJING, July 28 (Xinhua) -- The Central Committee of the Communist Party of China (CPC) has held a symposium with non-CPC personages to solicit opinions and suggestions on the country's current economic situation and economic work for the second half of the year.Xi Jinping, general secretary of the CPC Central Committee, presided over the symposium on July 25 and delivered an important speech.China's development still has multiple strategic favorable conditions. China's economy is still highly resilient and has great potential and vitality, and the economic fundamentals that will ...
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BEIJING, July 28 (Xinhua) -- Chinese People's Liberation Army (PLA) will never tolerate 'Taiwan independence' separatist acts and external interference, and will take resolute countermeasures, a Chinese defense spokesperson said Thursday.'Actions are the best answer,' said Wu Qian, a spokesperson for the Ministry of National Defense, at a regular press conference.Wu made the remarks while answering a question on Taiwan-related military actions.'The relevant sides should learn to adapt, reflect on themselves and, more importantly, avoid going down the wrong path further,...
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BEIJING, July 27 (Xinhua) -- Profits of China's major industrial firms sustained growth momentum in the first half of the year as production continued to recover.Industrial firms each with annual main business revenue of at least 20 million yuan (about 2.95 million U.S. dollars) saw their combined profits exceed 4.27 trillion yuan in the period, the National Bureau of Statistics (NBS) said on Wednesday.The figure represented a 1-percent year-on-year increase compared with the same period in 2021.The combined revenues of those firms went up 9.1 percent from a year ago to 65.41 trillion yuan...
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According to the data released by the Ministry of Finance on July 26th, more than 4 trillion yuan of new local government bonds were issued nationwide in the first half of the year. Experts said that this year's issuance of local bonds has obviously accelerated, which fully reflects the proactive fiscal policy. Follow-up special debt funds will speed up the allocation and use, and promote the formation of physical workload as soon as possible.Advance the release scheduleAccording to the data of the Ministry of Finance, in June, 1,576.5 billion yuan of new local government bonds were issued...
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BERLIN, July 26 (Xinhua) -- German discount retailer Aldi South is considering a further business expansion in China with the planned opening of at least 100 new stores, the local business newspaper Handelsblatt has reported.'China is and remains one of the most fascinating markets in all areas,' the paper quoted Roman Rasinger, managing director of Aldi China, as saying on Sunday. He said he sees a 'huge potential in the food market' in China.Aldi has so far opened 26 stores in China, all based in its largest city Shanghai.For Rasinger, the Shanghai-centered Yangtze River Delt...
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