Chief Executive of China's Macao Special Administrative Region (SAR) Ho Iat Seng delivers the policy address for the fiscal year 2022 in Macao, south China, Nov. 16, 2021. (Xinhua/Cheong Kam Ka)MACAO, Nov. 16 (Xinhua) -- Ho Iat Seng, chief executive of China's Macao Special Administrative Region (SAR), Tuesday delivered the policy address for the fiscal year 2022, stressing efforts to strengthen the epidemic prevention system and promote the stable recovery of Macao's economy in the coming year.Ho said that thanks to the support of the central government and the concerted efforts o...
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People visit the 12th Expo Central China in Taiyuan City of north China's Shanxi Province, May 21, 2021. (Xinhua/Zhan Yan)BEIJING, Nov. 15 (Xinhua) -- Foreign direct investment (FDI) into the Chinese mainland, in actual use, rose 17.8 percent year on year to 943.15 billion yuan, or 142.01 billion U.S. dollars, in the first 10 months of the year, the Ministry of Commerce said Monday.During the Jan.-Oct. period, FDI into the service sector increased 20.3 percent year on year, while high-tech industries saw FDI inflow jump 23.7 percent, data from the ministry showed.Foreign investments from c...
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BEIJING, Nov. 16 (Xinhua) -- A virtual meeting between Chinese President Xi Jinping and U.S. President Joe Biden kicked off on Tuesday morning (Beijing Time).
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U.S. Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen have repeatedly argued that inflation is transitory, but former Treasury Secretary Larry Summers said in a recent interview with CNN that policymakers in Washington have almost every month been 'behind the curve,' and inflation doesn't look so transitory.WASHINGTON, Nov. 14 (Xinhua) -- Software engineer Robert Moran, 37, has switched to Lactaid milk as it doesn't spoil as much, and is now buying cat food in bulk. These are some of the small changes in his spending habits that can help him save money...
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Chinese President Xi Jinping attends the 28th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting via video link, in Beijing, capital of China, Nov. 12, 2021. (Xinhua/Huang Jingwen)'Xi's proposal is of enlightening and historic significance to the future development and peaceful co-existence of the Asia-Pacific region.'BEIJING, Nov. 14 (Xinhua) -- Chinese President Xi Jinping's proposals on deepening regional cooperation at the 28th APEC Economic Leaders' Meeting build consensus to overcome difficulties, and inject impetus into global economic recovery, o...
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