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Economic News

Chinext Index Closes Lower Wednesday

BEIJING, Jan. 10 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 0.43 percent to close at 1,743.2 points Wednesday. The...
Economic News

Chinese Yuan Weakens To 7.1055 Against USD Wednesday

BEIJING, Jan. 10 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 45 pips to 7.1055 against the...
Economic News

PBOC To Enhance Global Presence Of RMB, Manage Risks

BEIJING, Jan. 9 (Xinhua) -- China will boost the internationalization of the RMB, guard against systemic risks, and foster a sound monetary and financial...
Economic News

China’s Road Logistics Price Index Rises

BEIJING, Jan. 8 (Xinhua) -- China's road logistics price index went up 0.9 percent year on year in December, industry data showed. The index came...
Economic News

China To Revise Financial Leasing Regulation To Curb Risks

BEIJING, Jan. 8 (Xinhua) -- China is amending market rules for the financial leasing sector to intensify supervision, improve financial services, and prevent and...
Economic News

China’s Futures Market Sees Robust Trading In 2023

BEIJING, Jan. 8 (Xinhua) -- China's futures market logged brisk trading in terms of both volume and turnover in 2023, data from the China...
Economic News

China’s Trust Asset Rises With More Emphasis On Investment Functions

BEIJING, Jan. 8 (Xinhua) -- The balance of China's trust assets reached 22.64 trillion yuan (about 3.19 trillion U.S. dollars) by the end of...
Economic News

Chinese Yuan Strengthens To 7.1006 Against USD Monday

BEIJING, Jan. 8 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 23 pips to 7.1006 against the...
Economic News

Chinext Index Opens Lower Monday

BEIJING, Jan. 8 (Xinhua) -- The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, was down 0.35 percent to open at 1,769.33 points...
Economic News

Chinese Shares Open Lower Monday

BEIJING, Jan. 8 (Xinhua) -- Chinese stocks opened lower on Monday, with the benchmark Shanghai Composite Index down 0.20 percent to open at 2,923.46...
Economic News

Balance Of Loans In Shanghai Up 6.1 Pct At End Of November

SHANGHAI, Jan. 8 (Xinhua) -- The balance of loans in Shanghai, including all currencies, rose 6.1 percent year on year to 11.07 trillion yuan...
Economic News

Chinese Shares Open Mixed Tuesday

BEIJING, Jan. 9 (Xinhua) -- Chinese stocks opened mixed on Tuesday, with the benchmark Shanghai Composite Index down 0.01 percent to open at 2,887.11...
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