EconomyThe Central Bank of China strengthened the yuan against the dollar to the highest since April 2018
The People's Bank of China (central Bank) on Monday strengthened the renminbi (the official name of the Chinese currency) by 124 basis points, to 6.3222 yuan per dollar. The inflow of foreign direct investment to China increased by 11.6% in January
In January 2022, the volume of actually used foreign direct investment in mainland China increased by 11.6% year-on-year and amounted to 102.28 billion yuan, the Ministry of Commerce of the People's Republic of China reported on Tuesday. Semiconductor manufacturer UMC has stopped the operation of the enterprise in China
One of the world's largest semiconductor manufacturers, United Microelectronics Corporation (UMC), suspended the operation of its enterprise in Suzhou (eastern Jiangsu Province) due to suspected coronavirus infection in one of its employees. Chinese car sales more than doubled in January
In the first month of 2022, 9533 new cars of Chinese brands were sold in Russia. According to experts of the analytical agency "AUTOSTAT", this is 107% more than in January 2021. The volume of customs tax revenues of the People's Republic of China in 2021 increased by 17.7%
By the end of 2021, the volume of China's customs tax revenues amounted to 2.01 trillion yuan, an increase of 17.7% year-on-year. 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. |