Chinese Premier Li Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, joins lawmakers from Guangxi Zhuang Autonomous Region in a group deliberation at the fifth session of the 13th National People's Congress in Beijing, capital of China, March 6, 2022. (Xinhua/Ding Haitao)BEIJING, March 6 (Xinhua) -- Chinese Premier Li Keqiang on Sunday stressed making concerted and concrete efforts to ensure sustained and sound economic and social development.Li, also a member of the Standing Committee of the Political Bureau of the ...
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BEIJING, March 3 (Xinhua) -- China has the confidence, conditions, and capability to ensure no systemic financial risks arise due to consistent efforts to prevent and resolve these risks, said the central bank Thursday.Risks accumulated over a long period in the country's financial system have been effectively dealt with, and financial risks are generally manageable, said a statement on the website of the People's Bank of China.Financial institutions of the banking industry have maintained stability as the sector's assets account for more than 90 percent of the financial industry.A...
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A harvester is seen at Wanbao rice farm in Gaza province, Mozambique, April 4, 2018. (Xinhua)BEIJING, March 3 (Xinhua) -- Milagre Abel Massingue was piloting a drone on his farm in Xai Xai city in southern Mozambique. He set up pre-mapped routes on his cell phone, and the drone started to spray pesticides accordingly.The buzzing machine does farmwork more precisely and efficiently than the 44-year-old farmer could do alone. With the help of the China-developed BeiDou Navigation Satellite System (BDS), it could spray pesticides over about one hectare of farmland per hour, 25 times faster than m...
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BEIJING, March 2 (Xinhua) -- China has made continued efforts to forestall and defuse financial risks while supporting steady economic recovery, said the country's top banking regulator Wednesday.In 2021, with threats in salient areas controlled, the macro leverage ratio decreased by about 8 percent, Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission, told a press conference.Asset expansion in the financial system, back at a comparatively low level, has reentered the single-digit range, said Guo.From 2017 to 2021, risky shadow banks were dismantled by 25 trillio...
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TIANJIN, March 2 (Xinhua) -- Only relying on solar power, all of the energy supply including heating and electricity can be guaranteed in the Zero Energy Building, a representative of green attempt architecture in north China's Tianjin Municipality.'No matter how cold the weather is, the whole building could always keep constant temperature and humidity,' said He Rui, a staffer of Tianjin's Binhai branch of State Grid, one of the developers.'Considering the roof structure, beam angles, and surrounding environment, we installed 60 photovoltaic panels totaling 20 kilowatts. U...
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