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16.09.2024
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Economy

A new railway container route has opened between Russia and China

The Consulate General of Russia in Harbin announced the opening of a new new railway freight route between Russia and China.

China's foreign exchange reserves decreased by 0.85% in September

The deputy head of the State Administration of Currency Control of the People's Republic of China, Wang Chunying, said that at the end of September they amounted to $3.029 trillion.

500 thousand air tickets will be distributed free of charge in Hong Kong to support tourism

e Hong Kong authorities intend to distribute 500 thousand air tickets for a total of $254 million for free to support tourism.

Sanya allocated over $200 million for landscaping of the city

The government of the southern Chinese resort of Sanya (Hainan Province) has allocated 1.445 billion yuan (about $203.2 million) for green spaces and landscaping projects of the city.

Investments in the road construction of the city of Sanya on Hainan for 10 years exceeded $ 1.9 billion

Investments in the expansion and improvement of the quality of the road network in the city of Sanya on Hainan Island in 2012-2021 exceeded 13.5 billion yuan (approximately $ 1.9 billion at the current exchange rate).

The Central Bank of China lowered the yuan to the dollar to a new low from June 30, 2020

The People's Bank of China (central Bank) on Tuesday lowered the renminbi (the official name of the national currency) by 424 points, to 7.0722 per dollar.

China's non-financial investments abroad increased by 5.8% in January-August%

China's direct non-financial investments abroad in January-August amounted to $75 billion, an increase of 5.8% year-on-year.

Russia and China are working on 79 investment projects worth over $160 billion

The trade representative of the Russian Federation in China, Alexey Dakhnovsky, said that the largest investment projects fall on the spheres of agriculture, mining and processing of minerals, infrastructure construction and industry.

Mutual trade turnover between Russia and China may approach $170 billion

Also, at the same time, major projects are being implemented, said Maxim Reshetnikov, Minister of Economic Development of the Russian Federation.

The convention against tax evasion has entered into force in China

This document is part of the international tax reform of the Group of Twenty.