Economy Archives - Page 244 of 314

Hubei’s GDP drops 5% in 2020, set to stage hefty growth in 2021

The economy of the coronavirus-stricken Central China's Hubei Province contracted 5 percent last year to 4.34 trillion yuan ($669.45 billion), but all major indicators have been recovering at a faster…

Danfe TV January 19, 2021

Economy

Douyin makes foray into third-party digital payment sector as part of new strategy

Douyin, the popular short-video sharing platform owned by Chinese start-up ByteDance, launched its in-app payment tool Douyin Pay on Tuesday, a move that aligns with the app's strategic move toward…

Danfe TV January 19, 2021

Economy

Traffic jams in North China’s Hebei Province may lead to higher prices

Traffic jams in 'Steel Belt' may lead to higher prices China's top steel-producing province is witnessing a jam in the transportation of the vital industrial material - a collateral damage…

Danfe TV January 19, 2021

Economy

Imported industrial parts from Malaysia test positive for COVID-19: East China’s Dongyang city

A batch of imported industrial parts from Malaysia, transported via East China's Hangzhou customs on January 15, have tested positive for coronavirus, authorities in Dongyang city, East China's Zhejiang Province…

Danfe TV January 19, 2021

Economy

Prada terminates cooperation with Chinese actress Zheng Shuang over alleged surrogacy dispute

Italian luxury fashion house Prada announced Tuesday that it terminated all contracts with Chinese actress Zheng Shuang, according to the brand's official Weibo account, following a reported scandal concerning the…

Danfe TV January 19, 2021

Economy

China’s new foreign investment review rules take effect, bringing country more in line with global practices

Move comes amid US curbs, will bring China more in line with world China's new rules on foreign investment security reviews, unveiled last month, took effect on Monday. The move,…

Danfe TV January 18, 2021

Economy

Chinese GDP hits 100 trillion yuan, boosts national pride under COVID-19

The Chinese economy ended what has been a year of unprecedented challenges for mankind brought about by a deadly virus on an astonishingly high note, with growth in the final…

Danfe TV January 18, 2021

Economy

The economic fields that China ranks first in 2020

The economic fields that China ranks first in 2020. Graphic: GT

Danfe TV January 18, 2021

Economy

Couriers prepare for rise in parcels ahead of Spring Festival

With the number of parcels to be delivered expected to soar as people are encouraged stay put for the Spring Festival holidays to avoid spread of the coronavirus, couriers are…

Danfe TV January 18, 2021

Economy

China’s economic rebound in 2020

Editor's Note: Despite a complex environment combined with the COVID-19 fallout, China's annual GDP in 2020 exceeded 100 trillion yuan ($15.4 trillion) for the first time, a 2.3 percent growth…

Danfe TV January 18, 2021