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release time: 2020 - 10 - 23
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China's outbound investment was generally stable during the first three quarters of the year, although the raging COVID-19 pandemic and other factors dampened cross-border investment globally, the Ministry of Commerce said Thursday.Chinese companies hiked investment in countries along the Belt and Road during the period, with non-financial direct investment surging 29.7 percent year on year to reach 13.02 billion U.S. dollars, Gao Feng, spokesperson for the ministry, told a press briefing.
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BEIJING - Revenue growth of China's machinery industry weakened last year, weighed down by the sluggish auto sector, according to a report from the China Machinery Industry Federation.Revenues totaled 21.76 trillion yuan ($3.11 trillion) in 2019, up 2.46 percent year-on-year. The growth rate was 1.39 percentage points lower than the national industrial average.The machinery industry's value-added output, an important economic indicator, stood at 5.1 percent, compared with the national average of 5.7 percent.The machinery industry became much divided last year, as the auto sector was a ...
发布时间: 2020 - 02 - 28
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A freight train heading to Central Asia departed from Qingdao, a coastal city in East China's Shandong province, on Tuesday night.It signified a resumption of Europe-Asia freight train service after the outbreak of novel coronavirus pneumonia.The train left from a multimodal transport logistics center in Jiaozhou, which is part of Qingdao, local officials said.According to Wang Zhenwei, a local customs official, customs approved 35 shipments of 206 standard containers of commodities, of which 100 were shipped on Tuesday and the rest would be transported over the following days.All the comm...
发布时间: 2020 - 02 - 26
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BEIJING - China's demand for steel is expected to register an uptick in 2020, according to a guild report.The country's steel demand is forecast to climb 2 percent year-on-year to reach 890 million tons in 2020, said the China Iron and Steel Industry Association (CISA) in a report.The steel demand of the construction and home appliance industries is expected to maintain expansion while that of the automobile, ship-building, container-manufacturing and machinery sectors will see negative growth in 2020.China's steel market witnessed hot demand in 2019 thanks to the steady operation ...
发布时间: 2020 - 01 - 20
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