Tag: China
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China to raise proportion of middle-income earners
China’s consumption has been on a continuous rise in recent years, and its consumption structure is also being optimized.Last year, the country’s total retail sales of consumer goods reached 39.2 trillion yuan ($6 trillion), and final consumption contributed 54.3 percent to China’s GDP. As a result, China maintained its position as the second largest consumption…
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China administers nearly 140 million COVID-19 vaccines
China has administer 139.97 million doses of COVID-19 vaccines by April 4, 2021, said the country’s National Health Commission (NHC). China is working to ensure its vaccination efforts in major areas and key industries based on the overall plan of the country, inoculating the eligible population as widely as possible and progressing in stages, said…
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China issues white paper on poverty alleviation to share experience
In a white paper issued Tuesday, China has detailed its rich experience in poverty alleviation from the past century since the founding of the Communist Party of China (CPC) in 1921. China’s experience is to be shared in an effort to contribute to global poverty reduction, which experts said fully demonstrates China’s pursuit of common…
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Chinese city wraps up coronavirus testing of 4.7 million people
A city in western China finished testing 4.7 million people for coronavirus in four days after workers at a factory tested positive, state media reported on Wednesday. Kashgar, in the far-western Xinjiang region, had tested its entire population by Tuesday after a coronavirus cluster emerged last week, according to the People’s Daily. A total of…
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Chinese city tests 10m people for COVID-19 in 4 days
A Chinese city tested almost 10 million people for COVID-19 in four days following the appearance of a cluster of cases, local authorities said on Thursday. A total of 13 infections have been discovered since the weekend. Altogether, 9.94 million samples were collected, of which 7.6 million had been processed by early Thursday. The cases…
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EU coys say China must make big leap before investment deal
China must make big improvements if it is to finalise an investment deal with the Eurpean Union (EU), European companies have said. “The European side has made it very clear that it cannot meet China in the middle,” Joerg Wuttke, President of the European Union Chamber of Commerce said on Thursday. According to Wuttke, fair…
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Asia shares push ahead as China markets jump
Asian shares crept back toward recent peaks on Monday as Chinese markets swung higher, while investors waited to see if the recent sell-off in longer-dated U.S. Treasuries would extend and maybe take some pressure off the beleaguered dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan.MIAPJ0000PUS gained 0.5 per cent to 565.74, moving nearer to…
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Merkel criticizes Chinese involvement in Hong Kong – but wants to keep talking
German Chancellor Angela Merkel has criticised Chinese involvement in Hong Kong and called for a united European Union stance towards China. “It is an alarming development with regard to something that has always applied, which is ‘one country, two systems’. “And that is very much being questioned,’’ Merkel said on Monday during a meeting with…
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China approves 2 experimental COVID-19 vaccines for clinical trials – Report
As the coronavirus pandemic continues to rage around the world, China has approved two experimental vaccines against COVID-19 for phase one and two clinical trials, Xinhua news agency reported on Tuesday. These two new inactivated coronavirus vaccines were developed by the Wuhan Institute of Biological Products and a unit of Nasdaq-listed Sinovac Biotech in Beijing…
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China reports 1,300 asymptomatic virus cases after public concern
China on Wednesday said it has more than 1,300 asymptomatic coronavirus cases, the first time it has released such data following public concern over people who have tested positive but are not showing symptoms. Health officials also reported the first imported case from abroad in Wuhan — the epicentre where the virus first emerged late…