China's courier sector handles record 100 bln parcels this year

China's courier sector handles record 100 bln parcels this year

China's courier sector this year set a new record by handling more than 100 billion parcels as of Wednesday, the highest figure worldwide for the eighth consecutive year, the State Post Bureau said.

Macro

China's consumer inflation edges up to 2.3 pct in November

China's consumer inflation edges up to 2.3 pct in November

China's consumer price index, a main gauge of inflation, rose 2.3 percent year on year in November, data from the National Bureau of Statistics (NBS) showed Thursday.

In-depth

Financials

China's non-cash payments post steady growth in third quarter

China's non-cash payments post steady growth in third quarter

The non-cash payments handled by Chinese banks maintained steady growth in the third quarter of 2021, with mobile payments sustaining growth momentum, according to a central bank report.

China to deepen financial opening-up amid closer regional cooperation

China to deepen financial opening-up amid closer regional cooperation

As a firm practitioner of financial opening-up, China has made its propositions on widening its opening-up amid closer regional financial cooperation in Asia to promote sustainable economic recovery of the region.

Central bank acts to bolster real economy

Central bank acts to bolster real economy

The amount of cash financial institutions must hold in reserve will be cut from Dec 15 to inject more liquidity into the market, China's central bank announced on Monday.

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