Xinhua Economy

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Indonesia speeds up transformation to digital economy: minister

Xinhua 23 Apr 2024

JAKARTA, April 23 (Xinhua) -- The Indonesian government is accelerating its transformation target to the digital economy by focusing on empowering small and medium-sized enterprises (SMEs) and tech startups, a minister said on Tuesday.

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Pakistan's economy on right track for robust growth: minister

Xinhua 23 Apr 2024

ISLAMABAD, April 23 (Xinhua) -- Pakistan's Federal Minister for Finance and Revenue Muhammad Aurangzeb said on Tuesday that the country's economy is moving in the right direction, highlighting the ...

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Roundup: Chinese FM's visit to Cambodia injects fresh impetus into building community with shared future in new era: experts

China.dot.org 23 Apr 2024

PHNOM PENH, April 23 (Xinhua) ... "His trip has brought broader cooperation between the two countries in the areas of economy, trade, investment, agriculture, tourism and culture, among others," he said.

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Chinese FM's visit to Cambodia injects fresh impetus into building community with shared future in new era: experts

Xinhua 23 Apr 2024

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BRUNEI'S ECONOMY TO GROW 2.4 PCT IN 2024: IMF

Malaysian National News Agency 22 Apr 2024

BANDAR SERI BEGAWAN, April 22 (Bernama-Xinhua) -- Brunei's economy is projected to grow 2.4 per cent in 2024 and 2.5 per cent next year, according to the latest report from the International Monetary Fund (IMF), reported Xinhua.

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Feature: Chinese agricultural technology transforms oilseed harvesting landscape in Pakistan

Xinhua 22 Apr 2024

ISLAMABAD, April 22 (Xinhua) -- In Pakistan's eastern Bhakkar district, farmers were left in awe as they witnessed the newly imported oilseed harvesters from China efficiently and briskly carrying out their tasks.

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Interview: U.S. economist says overcapacity argument risks being excuse for protectionism

Xinhua 21 Apr 2024

(Xinhua) ... Everybody would just produce what they consume at home," Lardy told Xinhua in an interview Thursday. "This would be a complete and utter disaster for every economy," he said ... (Xinhua/Liu Dawei) ... (Xinhua/Guo Cheng).

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Duck egg industry boosts local economy in Gaoyou City

Xinhua 20 Apr 2024

(Xinhua/Ji Chunpeng) ... (Xinhua/Ji Chunpeng) ... (Xinhua/Ji Chunpeng) ... (Xinhua/Ji Chunpeng) ... (Xinhua/Ji Chunpeng) ... (Xinhua/Ji Chunpeng) ... (Xinhua/Ji Chunpeng) ... (Xinhua/Ji Chunpeng) ... (Xinhua/Ji Chunpeng) ... (Xinhua/Ji Chunpeng).

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IMF calls for "fiscal restraint" in biggest-ever election year

People Daily 18 Apr 2024

... to extend fiscal support in response to the pandemic crisis and the cost of living crisis to the extent that was possible in advanced economies," Gaspar said in response to a question from Xinhua.

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Bolstering demand high on agenda

China.dot.org 18 Apr 2024

[Photo/Xinhua] ... Data from the National Bureau of Statistics offer the latest official snapshot of the stabilization of the economy ... "We will help accelerate the legislative process for the private economy promotion law," Yuan said.

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World economy faces massive income reduction due to climate change: study

People Daily 18 Apr 2024

BERLIN, April 17 (Xinhua) -- The global economy faces an income loss of 19 percent by 2050 due to climate change, even if greenhouse gas emissions are drastically reduced immediately, according to a new study published on Wednesday ... dollars ... .

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Update: IMF upgrades 2024 global growth forecast to 3.2 pct

Xinhua 17 Apr 2024

(Xinhua/Liu Jie). The IMF expects emerging market and developing economies to grow by 4.2 percent in 2024, up 0.1 percentage points from its January forecast. IMF forecasts show that China's economy will grow 4.6 percent in 2024 ... (Xinhua/Liu Jie).

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Interview: China's economy recovering more solidly than many may realize -- Deutsche Bank regional CEO

Xinhua 17 Apr 2024

SHANGHAI, April 17 (Xinhua) -- China's economy is recovering more solidly than many commentators outside the country may realize, a member of the Management Board of Deutsche Bank told Xinhua in a recent written interview.

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Commentary: Resilience, potential, fundamentals of Chinese economy remain sound

People Daily 17 Apr 2024

BEIJING, April 16 (Xinhua) -- A series of indicators have shown the Chinese economy accumulated a number of positive elements in the first quarter, kicking off a good start to this year despite pressures and challenges both at home and abroad.

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IMF upgrades 2024 global growth forecast to 3.2 pct

People Daily 17 Apr 2024

The IMF expects emerging market and developing economies to grow by 4.2 percent in 2024, up 0.1 percentage points from its January forecast. IMF forecasts show that China's economy will grow 4.6 percent in 2024.