News from Xinhua | Update: China sees nearly 300 mln domestic tourist trips during May Day holiday

05-07, 2024

BEIJING, May 6 (Xinhua) -- China saw about 295 million domestic tourist trips during the five-day May Day holiday that ended Sunday, up 7.6 percent year on year and 28.2 percent from the same period in 2019, data from the Ministry of Culture and Tourism showed Monday.Domestic tourist expenditure during the period totaled 166.89 billion yuan (about 23.51 billion U.S. dollars), up 13.5 percent from the same period in 2019.Culture and tourism were deeply intertwined during the holiday, with popular destinations such as the Palace Museum, Sanxingdui Museum, and Yinxu Museum attracting a large number of visitors.The nighttime economy was also thriving, with monitored national-level nighttime cultural and tourism destinations recording nearly 72.58 million visitors, an increase of 6.9 percent year on year.With the resumption of more air routes, the introduction of measures for facilitating passengers' entry, and the increase in the number of countries with visa exemption agreements, inbound and outbound tourism have been recovering rapidly, according to the ministry.China saw nearly 1.78 million inbound tourist trips and 1.9 million outbound tourist trips made during the holiday. Notice: the passage is transformed from Xinhua just for information sharing.As any content here violates your intellectual property rights and other lawful rights, please contact us, and we will delete related content.

China offered 3,030,000 new urban jobs in the first quarter of 2024

04-24, 2024

Recent data from Ministry of Human Resources and Social Security of PRC showed that China offered 3,030,000 new urban jobs in the first quarter of 2024. The goal being to create 12 million jobs in urban areas, has been completed by one fourth. In March, China’s urban unemployment rate stood at 5.2%. The economy kept on a steady and stable trajectory.Chen Feng, a spokesman of Ministry of Human Resources and Social Security expressed that in the near future, the related authorities would perfect the employment-promotion mechanism, from an effective working system to increase employment, urge to create more jobs in advanced manufacturing industry, and formulate new policies to assist the unemployed and the employers and to stabilize employment. They would formulate and perfect a series of policies to secure the employment of the concerned groups, to help the graduates find suitable jobs, and to sponsor the graduates in need, while making efforts to carry out 2024 “San Zhi Yi Fu” Plan advocating taking up community-level posts in education, agriculture, health care and poverty relief. Great importance would be attached to vocational training, to meet the demands for talents specialized in advanced manufacturing, modern services, elderly care and many other sectors. Meanwhile, employment-promotion services would also be improved, with various forms of employment-promotion activities, like livestreaming recruitment, being held.Text Reference: Xinhua News Agency Notice: here, we respect your intellectual property right and your other lawful rights. As any content here violates your lawful right, please contact us, and we will delete related content.

China’s GDP = 29.6299 trillion yuan (in the first quarter of 2024)

04-16, 2024

China National Bureau of Statistics released related data on April 16 and showed that China’s GDP of the first quarter reached 29.6299 trillion yuan according to the preliminary calculation, increasing by 5.3% year on year and by 1.6% as compared with the fourth quarter of last year, while being calculated at constant price.Text reference: People’s DailyNotice: here, we respect your intellectual property right and your other legitimate rights. As any content here violates your legitimate right, please contact us, and we will delete related content.

Shenzhen’s export tax refund increased by 23.5% year on year

04-16, 2024

According to Shenzhen Service, State Taxation Administration, Shenzhen’s export tax refund reached 20.16 billion yuan in January and February of 2024, increasing by 23.5% year on year.It’s known that Shenzhen’s export reached 2,460 billion yuan in the year of 2023, up 12.5% year on year, having ranked first among China’s inland cities for consecutive 31 years.Export tax refund measures have a great significance for steadying foreign trade and strengthening the sources of tax revenue. On January and February of 2024, the tax refund to productive enterprises reached 11.21 billion yuan, having a year-on-year increase of 8%. The tax refund to Shenzhen’s leading productive enterprises had a year-on-year growth. The manufacturing industry involving the production and manufacturing of specialized equipment, transportation equipment, vehicles, especially that of photovoltaic device, high-end medical instrument, drones, new-energy vehicles and other hot products alike, shared about 70% of the tax refund.Furthermore, in January and February, Shenzhen’s departure tax refund scheme also surged. The sales available to the departure tax refund scheme approached 50 million yuan, meaning a surge in the consumption attraction to foreign travelers.The data showed that new quality productive forces are growing, the manufacturing sector, service industry and the industry format are vigorously developing towards a new trend, and the manufacturing sector of Shenzhen is moving forward in a more advanced, more intelligent and greener way.Resource: Shenzhen Special Zone DailyNotice: here, we respect your intellectual property right and your other legitimate rights. As any content here violates your legitimate right, please contact us, and we will delete related content.

Shenzhen’s Cross-border E-commerce Import and Export Value Surpassed 110 Billion Yuan in the First Quarter

04-10, 2024

On April 07 and April 08, Guangdong Provincial Cross-border E-commerce High Quality Development Seminar was held in Shenzhen. As released at the seminar, Guangdong Province’s cross-border e-commerce import and export value surpassed 200 billion yuan in the first quarter of 2024. And, Shenzhen’s cross-border e-commerce import and export value was over 110 billion yuan and increased by over 95% in the first quarter, breaking the record of the same period.It’s known that the seminar was hosted by Commerce Department of Guangdong Province and undertaken by Commerce Bureau of Shenzhen Municipality and China International Electronic Commerce Center(CIECC), for pushing the integrated development of the industry belt, promoting the scientific innovation of the industry and boosting the high-quality development of the economy. Representatives of the commerce bureaus, customs, taxation departments, foreign exchange administrations and relative departments in 21 cities like Guangzhou, Shenzhen, Zhuhai, Dongguan, as well as the representatives of over 400 cross-border e-commerce platforms, services and enterprises of the industrial belt, had discussions and exchanges on the industry’s new development mode, explained and publicized industry-preferential policies, and introduced industrial plans.Simultaneously, some industrial events also took place in Guangdong Province. SHEIN, Amazon, 1688, Ozon and many other enterprises and platforms publicized their newest investment-attraction policies. Over 200 industrial resources from 21 cities including Guangzhou, Shenzhen, were attracted and about 70 exhibition booths were set up for the exhibition of selected cross-border e-commerce products and for the face-to-face exchanges with over 10 cross-border e-commerce platforms and about 100 cross-border e-commerce sellers.Text Source: Shenzhen Special Zone DailyNotice: here, we respect your intellectual property right and your other legitimate rights. As any content here violates your legitimate right, please contact us, and we will delete related content.

GBA’s GDP Surpassed 14 Trillion Yuan in 2023

04-07, 2024

Released by Guangdong Provincial Office on the Affairs of Guangdong-Hong Kong-Macao Greater Bay Area (GBA), the Greater Bay Area, covering less than 0.6% of China’s land, generated a GDP of over 14 trillion yuan RMB in the year of 2023, accounting for one ninth of the nation’s GDP.Zhu Wei, the executive deputy director of the Office, expressed that GDP of the Greater Bay Area reached 10.8 trillion yuan RMB in the year of 2018 and increased by 3.2 trillion yuan RMB during the following 5 years. Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Area being put into effect continuously, Guangdong Province since 2023, followed the development strategy of “Guangdong’s being the strategic fulcrum of the new development pattern, being a demonstrative place for the high-quality development and being a leading place for China-style modernization”, cooperated deeply with Hong Kong and Macao and has made significant strides in pushing GBA to be international and to be best.Text Reference: Xinhua News, CCTV NEWSNotice: here, we respect your intellectual property right and your other lawful rights. As any content here violates your lawful right, please contact us, and we will delete related content.

News from Xinhua | China achieves high-quality development in five major areas

04-01, 2024

BEIJING, March 31 (Xinhua) -- China has made significant strides in high-quality economic and social development, especially in five major areas, namely people's wellbeing, consumption, manufacturing, infrastructure and services, according to a report released on Sunday.The report, jointly released by the Chongyang Institute for Financial Studies at Renmin University of China and cooperative think tanks from the United States, Russia, Canada and India, highlights the "compounding interest" in China's development.The continuous accumulation of Chinese modernization can bring compounding-interest-like development to the country, serving as a driving force for sustained economic growth and prosperity for China. The "compounding interest" of China is characterized by stability of returns, long-term accumulation and sustainability, according to the report.The momentum of China's modernization, characterized by the development of "compounding interest," focuses on taking innovation-driven initiatives, deepening reforms, expanding opening-up and promoting green development, read the report.At the symposium held after the release, experts and scholars from China, the United States, Russia, Britain, Canada, Brazil and other countries discussed the potential and prospects of China's economic development.China's high-quality development, fueled by compounding interest, innovation, reforms, openness and sustainability, demonstrates its commitment to building a prosperous and harmonious society, said Mohammed Saqib, secretary general of India China Economic and Cultural Council. "China is setting a remarkable example for other nations and paving the way for a brighter future for humankind."Notice: the passage is transformed from Xinhua just for information sharing.As any content here violates your intellectual property right and other lawful rights, please contact us, and we will delete related content.

Food Ingredient Consumption Market Volume Reached 9,370 Billion Yuan RMB in 2023

03-27, 2024

As introduced by China Federation of Logistics&Purchasing(CFLP), in the year of 2023, the volume of China’s food ingredient consumption market reached 9,370 billion yuan RMB, having a year-on-year increase of 10.31%. Specifically, the consumption volume of retail ingredients reached 7,250 billion yuan RMB, increasing by 7.66% year on year, while the consumption volume of catering ingredients reached 2,120 billion yuan RMB, increasing by 20.45% year on year. Due to the recovery of China’s catering market, there is a rapidly-increasing consumption demand for catering ingredients.Food ingredient circulation market also saw a steady increase in the market volume. According to related statistics, the volume of ingredient circulation market reached 6,100 billion yuan RMB, having a year-on-year increase of 11.78%, while the market volume for service-type ingredient supply-chain enterprises reached 1,720 billion yuan RMB, having a year-on-year increase of 13.62%.Text Reference: passage from People’s DailyNotice: here,we respect your intellectual property right and your other lawful rights. As any content here violates your lawful right, please contact us, and we will delete related content.

The 7th Global Cross-border E-commerce Festival would Be Held in Shenzhen (06.15-06.17)

03-21, 2024

On March 19, the News Conference of The 7th Global Cross-border E-commerce Festival took place.At the News Conference,Wang Xin -- the executive president of Shenzhen Cross-border E-commerce Association, announced that The 7th Global Cross-border E-commerce Festival & The 9th Shenzhen International Cross-border E-commerce Trade Expo would happen from June 15 to June 17 at Shenzhen Convention & Exhibition Center -- Futian.Centered on the theme as “Cross-border Brands and Cultural Exchange for the Nation’s Prosperity”, the event is hosted by Shenzhen Cross-border E-commerce Association and Shenzhen Media Group, supported by a program of CCTV named “The Growing of the Great Brand”, Sino-American E-commerce Association and NOVOLOULAN, and undertaken by Shenzhen Sanqingniao International Convention & Exhibition Co., Ltd.There would be the industry exhibition covering about 60,000 square meters, attracting over 1,000 cross-border e-commerce exhibitors. The exhibition would be divided into two parts, one being “comprehensive brand ecological zone” and the other being “quality exhibition area”.Wang Xin expressed, with the deep adjustment to global economy, cross-border e-commerce has been a new trade way, playing an important role in promoting the growth of foreign trade. Shenzhen Cross-border E-commerce Association would strengthen its cooperation with cross-border e-commerce industry, to push the optimization and upgrading of products and services and to support the abroad development of Chinese brands. It would also cooperate with the publicity department to promote the abroad popularization of Chinese brands and improve Chinese brands’ international influence. Meanwhile, Shenzhen Cross-border E-commerce Association would try to improve its services to protect intellectual property rights and patents, for Chinese enterprises’ rights protection and risk prevention abroad.Notice:Text reference: sznews.comPicture from sznews.comHere,we respect your intellectual property right and your other lawful rights. As any content here violates your lawful right, please contact us, we will delete related content.