China achieves 5.2% GDP growth in 2023
China posted a GDP growth of 5.2 percent for 2023 on Wednesday, successfully meeting last year's annual target and in line with market forecast. The world's second-largest economy is now…
China, Switzerland agree to support early launch of formal FTA upgrade talks amid Li’s visit
China and Switzerland have completed the joint feasibility study on upgrading the China-Switzerland Free Trade Agreement (FTA) and agreed to support the early launch of formal FTA upgrade negotiations, the…
Western smears can’t undermine confidence in China’s economy
China's National Bureau of Statistics is due to release the country's GDP data for 2023 on Wednesday. While there seems no doubt about whether China's GDP met the government's annual…
FM Mahat requests foreign investors to invest in Nepal’s energy, tourism sectors
Kathmandu, Jan 10: Finance Minister Dr Prakash Sharan Mahat has invited investors of India and other countries to participate in the Investment Summit scheduled to be held on April 28…
Activities related to Pancheshwor project to be forwarded within a month: Minister Saud
Mahendranagar, Jan 9: Minister for Foreign Affairs, Narayan Prakash Saud, has said an understanding has been recently reached between Nepal and India to forward procedural activities of Pancheshwor project within…
Nepal and India agree on strengthening power transmission system
Kathmandu, Jan 7: Nepal and India have held important discussions and agreed on eight various topics on energy sector. The 11th meeting of Nepal-India Energy Secretary level Joint Steering Committee…
Tesla to recall 1.62m EVs in China over safety concerns
US electric vehicle (EV) maker Tesla will recall around 1.62 million EVs out of safety concerns in the Chinese market, the market regulator said on Friday. A total of 1,610,105…
China steps up financial support for housing rental market
China's central bank and top financial regulator on Friday issued a guideline on stepping up financial support for the housing rental market, vowing to offer more innovative credit products and…
China accelerates international commercial mediation cooperation, helping domestic and foreign companies resolve disputes
As China becomes more engaged in international trade and is committed to opening up wider, business mediation for dispute resolution is playing an increasingly important role in commercial activities. China…
China launches new sea routes to South America as trade booms
A new sea shipment route connecting Dalian port in Northeast China's Liaoning Province and South America started operation on Tuesday, marking the opening of the first South American container ocean…