20230610 China News
Source: | Author:eacham | Published time: 2023-06-10 | 647 Views | Share:


01

The foreign trade volume of northwest China's Xinjiang Uygur autonomous region amounted to 94.95 billion yuan ($13.3 billion) in the first four months of this year, said local customs authorities on Thursday.

 

02

China Southern Airlines launched its first flight from Beijing Daxing International Airport to London's Heathrow Airport on Wednesday, amid a resumption in international air travel following China's optimization of COVID-19 response measures and the lifting of restrictions including quarantine-free arrivals.

 

03

Last week was a busy one in China, with some of the best-known international business tycoons embarking on visits and expressing hopes of expanding in the world's second-largest economy. One of the most prominent visitors was Tesla's founder Elon Musk, whose first visit to China in three years has aroused widespread attention from businesses and individuals alike.

 

04

China's foreign exchange market is expected to maintain a relatively stable performance as the economy remains on an uptrend while the US dollar's strength may not be sustainable, the head of the country's top foreign exchange regulator said on Thursday.

 

05

Ties between the financial sector and the real economy should be further strengthened to facilitate China's technological advancement and high-quality economic growth, said the country's top financial regulators at the 14th Lujiazui Forum in Shanghai on Thursday.

 

06

China's rail freight volume, a key indicator of economic activities, went up 4.4 percent year-on-year in 2022, data from the Ministry of Transport showed. Over 4.98 billion tons of cargo were transported by China's railways last year, 211 million tons more than that of 2021, according to a report released by the ministry.

 

07

China's economy has shifted from high-speed growth to high-quality development. The enormous opportunities created by this shift have retained China's position as a top destination for foreign investment. Citing the latest economic data such as the purchasing managers' index, some Western media reports recently cast doubt on China's economic growth prospects. But this is just a repetition of their habitual pessimistic tone. Foreign firms continue to cast votes of confidence in the world's second-largest economy.




Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham




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