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2022-07

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China's industrial profits up 1 pct in H1

Industrial firms each with annual main business revenue of at least 20 million yuan (about 2.95 million U.S. dollars) saw their combined profits exceed 4.27 trillion yuan in the period

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26

2022-07

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Huawei joins e-CNY group

The number of stores that support digital renminbi payments has reached 4.567 million.

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25

2022-07

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Transitioning toward stable growth, quality

home prices in China's 70 large and medium-sized cities remained largely stable month-on-month in June

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24

2022-07

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China's digital economy hits $6.77t in 2021

China's digital economy reached 45.5 trillion yuan ($6.77 trillion) in 2021, up 16 percent year-on-year, and ranked second in the world

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23

2022-07

10147
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Reforms helping keep SOEs in good shape

Net profits of central SOEs grew 6.1 percent year-on-year to 1.08 trillion yuan ($160.48 billion) in the first half

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22

2022-07

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Financial risks in CBIRC focus

China has preliminarily established the basic framework of a fund for ensuring financial stability and raised 64.6 billion yuan ($9.55 billion) in the first round of funding

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21

2022-07

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Premier rules out large-scale stimulus

China can accept both a higher or lower economic growth rate

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20

2022-07

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Digital RMB application continues to expend in China

As of May 31, these pilot areas had made a total of around 264 million digital yuan transactions with a value of about 83 billion yuan ($12.31 billion).

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19

2022-07

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Chinese mainland holdings of US treasuries drop below $1 trillion for the 1st time in 12 years

The sum total of US treasury held by foreign holders has recorded a decrease three months in a row

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18

2022-07

12448
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Chinese banking and insurance regulator makes fresh pledge to deal with rural bank, default mortgage risks

Banks are asked to fulfill their obligations in a market-oriented and law-abiding manner as well as to assume their social responsibilities to push for home deliveries.

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17

2022-07

11828
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China's financial sector GDP up 5.9 pct in Q2

China's financial sector GDP went up 5.9 percent in the second quarter from a year ago to 2.4249 trillion yuan (359.23 billion U.S. dollars)

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16

2022-07

14549
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Temasek swears by prospects in China

China is the second-largest investment destination for the company behind Singapore.

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