BEIJING, July 10 (ABC): Chinese non-financial institutions raised more funds through debt financing instruments in the interbank bond market in the first half of 2022. Net financing through debt financing instruments reached about 1.1 trillion yuan (163.94 billion U.S. dollars) in the first half of 2022, an increase of 500 billion yuan from the same period last year, data from …

BEIJING, July 10 (ABC): China’s e-commerce logistics activities further consolidated the rebound in June, industry data showed. The index tracking e-commerce logistics activities stood at 107.1 points last month, up 2.8 points from May, said a survey jointly undertaken by the China Federation of Logistics and Purchasing and e-commerce giant JD.com. The survey attributed the faster expansion in June, which …

BEIJING, July 18(ABC): Beijing began issuing coupons worth a total of 100 million yuan (14.82 million U.S. dollars) on Monday to spur catering consumption, according to the municipal commerce bureau. Funded by the government and platform enterprises that provide catering services, the promotional campaign is expected to cover more than 70,000 restaurants, the bureau said. The first batch of restaurant …

CHENGDU, July 18 (ABC): Paleontologists have confirmed that marks noticed by a diner in the yard of a restaurant in southwest China’s Sichuan Province are dinosaur footprints dating back to the early Cretaceous period. On July 10, Ou Hongtao was dining in a restaurant in the city of Leshan and noticed some special dents on the ground in the yard …

BEIJING, July 18 (ABC): A Chinese observer has pointed out that it will take some time for China and India to figure out a solution of border issues that both sides can accept. The border issue, if unsettled, will always be a source of risk for the normal development of bilateral relations, Qian Feng, Director of the Research Department of …

BEIJING, July 18(ABC): The Chinese government has allocated 468 million yuan (about 69.5 million U.S. dollars) for the repair work of water conservancy projects damaged by floods and earthquakes. The fund has been allocated to 10 provincial-level regions such as south China’s Guangdong to boost efforts in flood prevention, according to the Ministry of Water Resources. Since the flood season …

PHNOM PENH, July 18(ABC): The value of imports and exports passing through the Chinese-invested Sihanoukville Special Economic Zone (SSEZ) in Cambodia reached 1.37 billion U.S. dollars in the first half of 2022, up 38 percent year on year, said an operator’s report on Monday. Situated in the southwestern coastal province of Preah Sihanouk, the SSEZ is the country’s largest industrial …

NINGBO, July 18(ABC): Seven people were confirmed dead after strong winds hit a dock in Ningbo City, east China’s Zhejiang Province, leaving a boat and gangway capsized, local authorities said on Monday. At around 12:33 p.m. Sunday, gusts of up to 117 kph struck the dock in the city’s Fenghua District. A total of 16 people fell into the water.

BEIJING, July 9 (ABC): Chinese President Xi Jinping has stressed the better utilization of cultural relics to promote exchanges and mutual learning between civilizations and the preservation of the fine accomplishments of Chinese civilization. Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, made the remarks Friday in a …

BALI, July 9 (ABC): Chinese State Councilor and Foreign Minister Wang Yi met with U.S. Secretary of State Antony Blinken on Saturday, a day after the Group of 20 (G20) foreign ministers’ meeting held in Bali, Indonesia. The two sides had a comprehensive, in-depth and candid conversation over China-U.S. relations, as well as international and regional issues of common concern …