China''s foreign trade reached 13.32t yuan in first 4
In the first four months, private enterprises accounted for over 50 percent of imports and exports of the country, increasing 15.8 percent year on year to 7.05 trillion yuan ($1.03 trillion). According to
China''s central SOEs'' profits reach 2.6 trillion yuan in 2023
The total profits of China''s centrally-administered State-owned enterprises amounted to 2.6 trillion yuan ($362.36 billion) in 2023, while their operating revenue reached 39.8 trillion yuan, according to data released by the country''s top state assets regulator. The fixed-asset investment of central SOEs, including real estate, expanded
CBNChinese yuan continues to strengthen pass 7.13 against
Here''s what you need to know about China in the past 24 hours. The Chinese yuan continues to strengthen for a second day, appreciating 0.5 percent to 7.1328 against the US dollar, its sixth straight daily gain on Tuesday, as the central bank guided the unit higher and exporters rushed to convert their dollar receipts into local currency.
China''s foreign trade in goods from Jan to May totals 17.5 trillion yuan
China''s exports of electromechanical products in the first five months totaled 5.87 trillion yuan, up 7.9 percent and accounting 59 percent of the country''s total exports, according to official data.
2020 Energy Storage Industry Summary: A New Stage in Large
The integration of renewable energy with energy storage became a general trend in 2020. With increased renewable energy generation creating pressure on the
Yantai ascends beyond trillion yuan milestone with eye on
In a landmark achievement for 2023, Yantai''s GDP soared to 1.02 trillion yuan (approximately $141.31 billion), making it the third city in Shandong and the 26th in China to surpass 1 trillion yuan. The city''s ambitious strategy for acquiring projects has yielded remarkable results, with 485 projects signed into effect and 89 policies
Beijing-Tianjin-Hebei region registers GDP of 10.4 trillion yuan in
Beijing-Tianjin-Hebei region registers GDP of 10.4 trillion yuan in 2023 0 Comment(s) Print E-mail China .cn, January 26, 2024 Adjust font size: The economy of the Beijing-Tianjin-Hebei region
Twenty Years of China''s Logistics Industry: Glorious
In 2005–2021, the number of A-grade logistics enterprises in China Footnote 4 increased from 26 to 8,534, an increase of 327 times, with an average annual growth rate of 43.6%; the number of 5A enterprises, the highest level in
Trillion yuan club of cities gives country a big boost
That, together with the GDP of Guangdong and Jiangsu provinces crossing 10 trillion yuan and that of 23 cities exceeding 1 trillion yuan, shows China is emerging as a big economic power. Several global institutions had earlier predicted that China would be the only major economy to register positive growth in 2020, but China''s full-year GDP
China, struggling to make use of a boom in energy storage, calls
2 · Investment in grid-connected batteries in China surged 364% last year to 75 billion yuan ($11 billion), according to Carbon Brief, creating by far the world''s largest
Applied Sciences | Free Full-Text | A Review of
Based on theoretical storage capacity [] shown in Table 1, China''s CO 2 storage capacity is between 1.21 and 4.13 trillion tonnes []. Therein, CO 2 -EOR and CO 2 -EGR, with a storage capacity of 5.1
Revenue of China''s state-owned enterprises hit $5.5 trillion in 2023
Cumulative fixed asset investment, including real estate, reached 5.09 trillion yuan, with a year-on-year growth of 11.4 percent. Investment in strategic emerging industries reached 2.18 trillion
GDP of China''s Guangdong surpasses 13 trillion yuan in 2023
GUANGZHOU, Jan. 23 -- The gross domestic product (GDP) of south China''s Guangdong Province surpassed 13 trillion yuan (about 1.83 trillion U.S. dollars) in 2023, topping the country for 35 consecutive years, Guangdong''s governor Wang Weizhong said Tuesday. The economic powerhouse saw its GDP grow 4.8 percent year on year in 2023, said
Guangdong GDP exceeds 13 trillion yuan in 2023, topping all
The GDP of Guangdong Province, an economic powerhouse in South China, reached 13.57 trillion yuan ($1.89 trillion) in 2023, growing by 4.8 percent year-on-year, Guangdong''s
(PDF) Prospects for the transformation and development of carbon storage in abandoned mines of coal enterprises
carbon storage capacity of the ocean is approximately 4000 trillion tons, with an annual storage approved production capacity of coal enterprises in Shanxi Province was 941.2 million tons in
China''s economic powerhouse stands out as
In 2021, the value-added output of Jiangsu''s manufacturing industry exceeded 4 trillion yuan (579 billion U.S. dollars), The province''s 163 key enterprises in the power and energy-storage battery
China accelerates deployment of hydrogen energy
In August, the Beijing Municipal Bureau of Economy and Information Technology said the capital city plans to home five to eight hydrogen energy enterprises with international influence by 2023. The industrial scale of hydrogen energy in the Beijing-Tianjin-Hebei region is expected to reach 50 billion yuan (about $7.85 billion) and reduce
China''s economic and industry outlook for 2023 | Deloitte China
Nearly 70 central SOEs have announced increased investments total of more than 10 trillion yuan into the new infrastructure sector, covering 1,300 investment projects over the next five years. The government has requested that the scope of special bond support be appropriately expanded, with a priority placed on including new types of
Guangdong''s enterprises above designated size achieve revenue of over 18 trillion yuan
In 2023, the revenues of industrial enterprises above designated size in Guangdong exceeded 18 trillion yuan, ranking first in the country. Zhang Jinsong, director general of the Department of Commerce of Guangdong Province, said that in 2023,
SCIO briefing on comprehensively promoting the high-quality
The development of green and low-carbon industries was vigorously promoted. From 2012 to 2021, comprehensive energy consumption per 10,000 yuan of
The Profit of Industrial Enterprises above Designated Size in
In 2023, the total profits of industrial enterprises above the designated size reached 7,685.83 billion yuan, down by 2.3 percent year on year, a decline of 2.1 percentage points narrower than that from January to November (calculated on comparable basis, see Annotation 2 for details). In 2023, among industrial enterprises above the
SCIO briefing on China''s imports and exports in 2023
In 2023, China''s exports of mechanical and electrical products reached 13.92 trillion yuan, marking a 2.9% increase and constituting 58.6% of the total export value. Notably, the export of labor-intensive products reached 4.11 trillion yuan, representing 17.3% of the total export value. In electromechanical products, the combined
GBA''s GDP increased by 3.2 trillion yuan in five years
Content>. Published: 11:33, April 8, 2024. GBA''s GDP increased by 3.2 trillion yuan in five years. By Chai Hua in Shenzhen. This aerial photo taken on Aug 25, 2023 shows a view of Shenzhen, South China''s Guangdong province. (PHOTO / XINHUA) The total economic output of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) hit 14 trillion yuan
Analysis: Clean energy was top driver of China''s economic
Our analysis shows that investment in clean power generation and energy storage capacity reached 1.7tn yuan in 2023 (up 48 per cent year-on-year), while
Digital economy becomes China''s major growth engine: white
The turnover in China''s cross-border e-commerce reached 1.92 trillion yuan, up 18.6 percent year-on-year. The scale of third-party payment transactions continues to expand. New methods have been introduced to upgrade commercial models of the service industry, and internet-based medical services, online education, and remote
''Power up'' for China''s energy storage sector
An AVIC Securities report projected major growth for China''s power storage sector in the years to come: The country''s electrochemical power storage scale is likely
Development of E-Commerce Logistics in China | SpringerLink
The second section introduces the current development of e-commerce logistics in China from the aspects of demand scale, logistics enterprise, operations mode, and industry policy. The third section puts forth the problems of e-commerce logistics, and Sect. 8.4 analyzes the development trend of e-commerce logistics in China. Download
Hangzhou''s GDP books 2tr yuan in 2023
A night view of Qianjiang New City, an up-and-coming business district in Hangzhou, Zhejiang province, Oct 25, 2023. [Photo/IC] The Hangzhou municipal bureau of statistics reported on Jan 24 that the city''s GDP reached 2.0059 trillion ($280.05 billion) yuan in 2023, marking a year-on-year growth of 5.6 percent.
Guangdong becomes first province to surpass 13 trillion yuan GDP
According to a government work report, the gross domestic product of Guangdong, an economic powerhouse in South China, grew 4.8 percent year-on-year to 13.57 trillion yuan ($1.89 trillion) in 2023.
Development of Cold Chain Logistics in China | SpringerLink
Moreover, total value of cold chain logistics of imported foods has grown sharply in China. In 2013, total value of cold chain logistics of imported food reached 91.14 billion RMB, with year-on-year growth of 21.1 %, and accounting for 2.8 % of the total value of cold chain logistics. Growth in the volume of imported cold chain food creates a
China''s 1 trillion yuan EV, solar and battery exports face overcapacity
China''s 1 trillion yuan (US$139 billion) exports of electric vehicles, lithium batteries and solar cells could face a new round of challenges this year, as Western policymakers have reflected
State enterprises gear up to promote power storage
By 2030, installed pumped-storage hydropower capacity will hit approximately 120 gigawatts. Provincial-level electrical grids will be equipped with peak
SCIO briefing on China''s imports and exports in 2023
According to preliminary estimates, China''s cross-border e-commerce logged total imports and exports of 2.38 trillion yuan in 2023, up 15.6% year on year. In general, China''s foreign trade in the past year weathered storms and achieved hard-won results of steady growth in scale and improved quality in development.
China''s state-owned firms set to boost economic recovery in 2023
In 2022, total revenue for centrally administered SOEs surged 9.1 percent year-on-year to 39.6 trillion yuan, while their profit grew by 6.2 percent to 2.6 trillion yuan, according to SASAC.
PBOC Readies Hundreds of Billions of Yuan Bond Sale Capacity
3 · July 4, 2024 at 6:26 PM PDT. Listen. 3:51. China''s central bank took the next step toward selling government bonds to cool a record-breaking rally, saying it now has "hundreds of billions
