Economy China reduceChina reduced taxes by $174 billion to support the economy in 2021 $174 billion to support the economy in 2021
Thanks to the country's efforts to stimulate economic growth and strengthen the viability of the market, by the end of 2021, the amount of taxes and fees in China was reduced by about 1.1 trillion yuan ($173.9 billion), the Main State Tax Administration of China reported on Wednesday.  The gas pipeline from Russia to Mongolia and China may start working in 2027-2028
The Soyuz Vostok gas pipeline, which will be carried out from Russia to Mongolia and China, may begin work in 2027-2028.  The largest checkpoint on the Russia-China border will restore work by January 15
The largest checkpoint on the Russian-Chinese border Zabaikalsk-Manchuria, which serves 65% of cross-border cargo turnover by land, will return to normal operation on January 15.  The volume of household appliances production in China increased in January-November 2021
In the first 11 months of 2021, China saw a steady increase in the volume of household appliances production, according to data from the Ministry of Industry and Informatization of the People's Republic of China.  Tencent has allowed payments in digital yuan via WeChat messenger in China
The Chinese telecommunications company Tencent has allowed payments to be made using the digital yuan through its WeChat messenger.  Budget revenues of Hainan Province in 2021 increased by 12.9%
Budget revenues of the southern Chinese province of Hainan increased by 12.9% last year, amounting to 92.12 billion yuan (over $14.4 billion).  China raises prices for gasoline and diesel fuel in the domestic market
The Chinese authorities announced an increase in retail prices for gasoline and diesel fuel in the country.  China and Russia will sign new space cooperation program in 2022
The program will include a plan to create an inclusive International Scientific Lunar Station by 2035.  The trade turnover of Heilongjiang with the Russian Federation in January-November 2021 increased by 32.4%
In the first 11 months of 2021, the volume of trade turnover between Heilongjiang Province (Northeast China) and Russia increased by 32.4% year-on-year and reached 118.5 billion yuan, accounting for 65.5% of the total foreign trade of this province, the Harbin Customs Service reported.  India handed over the BRICS presidency to China in 2022
India handed over to China the chairmanship of the BRICS (Brazil, Russia, India, China and South Africa) from January 1, 2022. |
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