BEIJING, June 14 (ABC): Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 17.3 percent year on year to 564.2 billion yuan in the first five months of the year, the Ministry of Commerce said Tuesday. In U.S. dollar terms, the inflow went up 22.6 percent year on year to 87.77 billion U.S. dollars. The service industry …

BEIJING, June 14 (ABC): A Chinese Foreign Ministry spokesperson on Monday urged the United States to match its words with action, including not seeking confrontation or conflict, not seeking a new Cold War, and not seeking an Asian NATO or a region split into hostile blocs, and to stop saying or doing things that could create division and confrontation. Spokesperson …

BEIJING, June 14 (ABC): Over 6.5 million master’s and more than 600,000 doctorate degrees have been awarded in China over the past decade, according to the Ministry of Education. China has made continuous efforts to improve the composition of disciplines and majors concerning its postgraduate education, the ministry said at a press conference Tuesday. This achievement has provided a strong …

BEIJING, June 14(ABC): Foreign investors continued to increase their investments in Chinese equities and bonds, casting a vote of confidence in the country’s long-term development. By June 10, the Chinese A-share market had seen net inflows of foreign capital for the last ten consecutive trading days, the longest period of net inflows so far this year, according to market tracker …

BEIJING, June 14 (ABC): China accounted for 30 percent of the global manufacturing output in 2021, marking an increase from 22.5 percent in 2012 as the industry grew bigger and stronger, data from the industry regulator showed Tuesday. The manufacturing value-added output had expanded from 16.98 trillion yuan (about 2.5 trillion U.S. dollars) in 2012 to 31.4 trillion yuan in …

NANNING, June 12 (ABC): Over 1.44 million residents in south China’s Guangxi Zhuang Autonomous Region have been affected by torrential rains and rain-induced disasters such as floods and mudslides since early June, according to local authorities. Four rounds of heavy rainfall during the flood season this year have wreaked havoc in 103 counties of the region, damaging 51,800 hectares of …

BEIJING, Jun. 12 (INP): Pakistani ambassador to China Moin ul Haque and General Manager Hu of Silk Road International Cultural Exchange Center, China agreed to deepen cooperation in art & culture, movie, and other areas. According to China Economics Net (CEN) Moin ul Haque along with officers of the Pakistani Embassy in Beijing visited Silk Road International Cultural Exchange Center …

HONG KONG, June 12 (ABC): Chinese President Xi Jinping on Sunday sent a congratulatory letter to Ta Kung Pao, one of the oldest Chinese language newspapers based in Hong Kong, on the 120th anniversary of its founding. In the letter, Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, urged …

SINGAPORE, June 12 (ABC): China strongly objected to remarks made by U.S. Secretary of Defense Lloyd Austin on Saturday at the ongoing 19th Shangri-La Dialogue regarding the South China Sea and Taiwan, calling them unfounded declarations and false accusations against China. Austin’s accusation that China’s “unprofessional and frequent interceptions” of other countries’ airplanes in the air space of the South …

BEIJING, June 12 (ABC): China’s countryside will see better sewage treatment capacities as the country pushes forward its rural vitalization strategy and improves the rural living environment. It plans to ensure that 40 percent of domestic sewage in rural areas is treated by 2025, up from 28 percent in 2020, according to the Ministry of Ecology and Environment. The high …