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The second-hand economy is a win-win situation

By China Daily -

In a twist of fate, outdated clothes, obsolete smartphones, previously cherished appliances and used books, once mostly destined for recycling bins or landfills, are finding a new lease on life thanks to China's thriving secondhand economy in recent years.

Rebound, growth, China’s economy is on track

By China Daily -

The economic development of China is set to witness more favorable conditions than unfavorable ones, while the underlying trend of economic rebound and long-term growth remains unchanged, a national political adviser said.

Fiscal measures boost recovery

By China Daily -

China will strengthen its proactive fiscal stance and improve the quality and efficiency of fiscal policy this year, to bolster economic recovery and high-quality development, the Ministry of Finance said.

FM said that the "the Belt and Road" initiative is an "opportunity for all"

By China Daily -

Foreign Minister Wang Yi reaffirmed China's pledge to make the Belt and Road Initiative "a lasting opportunity shared by all" on 7th of March, saying that the nation will continue to promote physical, institutional and people-to-people connectivity.

China's foreign trade grew by 8.7% from January to February

By chinadaily.com.cn -

China's foreign trade expanded 8.7 percent year-on-year to 6.61 trillion yuan ($847.4 billion) in the first two months of 2024, official data showed on 7th of March.

The Minister of Finance stated that the risk of local government debt is controllable

By chinadaily.com.cn -

Local government debt risk in China is controllable, and the country will accelerate the construction of a government debt management mechanism in line with high-quality development so that the debt risk will be solved as the country marches toward high-quality development, a senior official said on 6th of March.

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