Xinhua Headlines: China's night economy lights up streets of cities, showing consumption potential
Another summer night has fallen, and the hustle and bustle once again animated Hongjie night market in Xi'an, capital of northwest China's Shaanxi Province.
Macro
China's two policy banks to raise 300 bln yuan to finance major projects
The People's Bank of China (PBOC), the country's central bank, will support two policy banks to raise up to 300 billion yuan (44.87 billion U.S. dollars) via financial bond issuance to fund the country's major projects, a PBOC official said.
In-depth
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How China's manufacturing hub balances GDP, carbon goals
Erected on sea water, arrays of photovoltaic panels glow in the sun while fishers paddle in the interspace.
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China's major auto cluster in high gear on road to economic recovery
Located in southeast Shanghai, U.S. carmaker Tesla's Shanghai Gigafactory is bustling with production activity as it has returned to full production capacity by early June following a disruption due to COVID-19 resurgence.
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Industries
China's chemical fiber industry posts growth in revenue
China's chemical fiber industry recorded an expansion in operating revenue during the first five months of the year, data from the Ministry of Industry and Information Technology showed.
China's electronic information manufacturing sector posts steady growth
China's electronic information manufacturing sector maintained steady growth in the first five months of 2022, data from the Ministry of Industry and Information Technology showed.
