China allocates 6.44 billion yuan in subsidies for car trade-ins
China's Ministry of Finance announced that 6.44 billion yuan will be set aside to subsidize car trade-ins.
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China's Ministry of Finance announced that 6.44 billion yuan will be set aside to subsidize car trade-ins.
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According to the Civil Aviation Administration of China (CAAC), China's passenger transport volume in 2023 increased by 146.1% over the previous year, while 5,206 scheduled flight routes were established.
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China's state-backed Silk Road Fund is selling its stake in Italian tyremaker Pirelli for about €512 million (S $748 million). Rome last year took steps to limit investors' influence over Pirelli on national security grounds.
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The International Monetary Fund said Wednesday that China's economy is expected to grow 5 percent this year after a strong first quarter, up 0.4 percentage points from its previous forecast of 4.6 percent growth, but expects slower growth in coming years.
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China's instant lottery "scratch-off" has recently been a whirlwind among young people, this kind of scratch-off knows whether there is a winning lottery ticket, and in recent weeks, it has been frequently sold out in many places, and the situation of difficult to obtain a vote has caused public concern.
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Apple Inc's iPhone rebounded in China last month, with shipments surging 52 percent, helped by a series of discounts offered by retail partners.
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China's homegrown large aircraft C919 marked its first anniversary of commercial operation on Tuesday, having accumulated more than 6,000 hours of safe operation.
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Profits at China's industrial enterprises rose 4 percent in April from a year earlier, reversing a 3.5 percent decline in March.
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Shanghai has introduced nine new real estate measures and implemented them from May 28 to better meet the diversified housing needs of residents, including further optimizing the housing purchase restriction policy, supporting the reasonable housing demand of families with multiple children, and optimizing the housing credit policy.
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In order to support the development of the semiconductor industry, China's National Integrated Circuit Industry Investment Fund (referred to as the Big Fund) Phase III joint-stock company was established with a registered capital of 344 billion yuan
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On the morning of November 18th local time, the stock markets of Japan and South Korea opened with a sharp decline.
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