Last year, the fixed-asset investment amounted to over 54.45 trillion yuan (about 8.56 trillion U.S. dollars), according to the NBS.The growth came in at 8 percent compared with the 2019 level, and the two-year average growth stood at 3.9 percent.Investment by the private sectors rose 7 percent year on year to nearly 30.77 trillion yuan last year, the NBS data showed.On a month-on-month basis, the fixed-asset investment gained 0.22 percent in December last year.Last year, investment in the primary, secondary and tertiary industries increased 9.1 percent, 11.3 percent and 2.1 percent, respectiv...
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BEIJING, Jan. 12 (Xinhua) -- The Boao Forum for Asia (BFA) will hold its annual conference this Spring in Boao, a coastal town in China's southernmost province of Hainan, the secretariat of the forum said Wednesday.Due to the COVID-19 impacts, exact dates for the conference are yet to be decided after consultation, said BFA Secretary General Li Baodong.This year's conference will focus on six areas, including the COVID-19 pandemic, green recovery and sustainable development as well as the progress of Asian regional cooperation, according to Li.The conference is expected to be held both...
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BEIJING, Jan. 16 (Xinhua) -- China's exhibition industry saw rapid expansion in 2021 against the backdrop of severe challenges brought by the COVID-19 pandemic to offline exhibitions across the world, a recent report shows.According to incomplete statistics, a total of 2,949 economic and trade exhibitions were held in China last year, jumping 48.6 percent year on year, as the resilience and vitality of the domestic exhibition industry began to increase, says a report from the China Council for the Promotion of International Trade.The exhibitions covered a total exhibition area of 92.99 mil...
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BEIJING, Jan. 14 (Xinhua) -- Chinese President Xi Jinping will attend the virtual event of the World Economic Forum (WEF) on Jan. 17 in Beijing, a Foreign Ministry spokesperson said Friday.Spokesperson Hua Chunying announced that Xi will attend the virtual event and deliver a speech at the invitation of Klaus Schwab, who is founder and executive chairman of the WEF.
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BEIJING, Jan. 13 (Xinhua) -- Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 14.9 percent year on year to a record high of 1.15 trillion yuan in 2021, the Ministry of Commerce said Thursday.In U.S. dollar terms, the inflow went up 20.2 percent year on year to 173.48 billion dollars.
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