China’s foreign exchange reserves hit $2.4 trillion, accounting for 30.7 percent of the world’s forex reserves, according to foreign media. Read the rest of this entry »
China’s overseas direct investment (ODI) may see a double-digit growth this year to around $60 billion, on the back of government support and overseas expansion plans of domestic firms, officials from the Ministry of Commerce (MOFCOM) said. Read the rest of this entry »
China’s retail sales hit 340 billion yuan (US$49.8 billion) during the “golden week” of Spring Festival, up 17.2 percent over the same period of last year, the Ministry of Commerce (MOC) said. Read the rest of this entry »
China’s tourism revenue rose 26.9 percent to 64.62 billion yuan (9.46 billion U.S. dollars) during the Spring Festival, the National Tourism Administration (NTA) said. Read the rest of this entry »
Foreign direct investment into China rose for the sixth consecutive month in January, up 7.79 percent year on year to US$8.13 billion, China’s Ministry of Commerce said. Read the rest of this entry »
