National economy improving: Finance Minister
Morang, Jan 25: Deputy Prime Minister and Minister for Finance Bishnu Poudel has reminded that the incumbent government was formed to ensure development in the country. In a press meet…
China’s foreign trade upgrade thrives with financial support
China's foreign trade achieved both steady growth and structural optimization last year. These trends underscore the resilience of the Chinese economy and provide a vivid example of how the interplay…
Lack of increase in loan disbursement concerning: Finance Minister Paudel
Kathmandu, Jan 20: Deputy Prime Minister and Minister for Finance, Bishnu Prasad Paudel, has said it is concerning that the loan investment could not increase as expected. In his address…
Nvidia CEO’s China visit shows crucial market ties
Nvidia CEO Jensen Huang's trip to China is attracting widespread attention. Last week, Huang attended the annual meeting of Nvidia's Shenzhen branch, South China's Guangdong Province, Chinese news site thepaper.cn…
China’s foreign trade remains buoyant, setting a new record of 43.85 trillion yuan in 2024
China's imports and exports grew by 5 percent year-on-year in 2024 to reach 43.85 trillion yuan ($5.98 trillion), with the total foreign trade volume setting a new record high, according…
South-South cooperation an important way for Chinese wind power to go global
China's wind power sector, renowned for its impressive advancements, is steadily emerging as a pivotal driver in the global energy transition. By leveraging international cooperation models like South-South cooperation, Chinese…
Construction of two more high-speed railways in China’s hinterland marks important progress
Two Chinese high-speed railways with trains running at 350 kilometers (km) per hour are making important progress in construction. The first station on the Xi'an-Ankang High-Speed Railway has its main…
Foreign Secretary pledges to prioritize economic diplomacy
Kathmandu, Jan 9: Acting Foreign Secretary Amrit Bahadur Rai has officially assumed the responsibility as the 26th Foreign Secretary from Wednesday. A meeting of the Council of Ministers had, on…
China’s central bank highlights efforts to strengthen monetary policy regulation, cut RRR, interest rates at appropriate time
The monetary policy committee of the People’s Bank of China (PBC) advised to strengthen monetary policy regulation, including reductions in the reserve requirement ratio (RRR) and cutting interest rates at…
Public debt reaches 2,500 billion, interest payment exceeds development budget
Kathmandu, Dec 24: With the growing size of public debt each year, the expenditure for servicing its interest has also increased, now surpassing the development budget. According to…