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by Xinhua writer Wang Xinyi
DAVOS/BEIJING, Jan. 20 (Xinhua) -- China retains the top spot for growth rate among major economies in 2023 with a gross domestic product (GDP) expansion of 5.2 percent year on year, beating the government's pre-set yearly target of around 5 percent and outpacing the 3 percent increase in 2022, official data showed.
This is a hard-won performance for an economy as big as roughly 17 percent of the global total when the worl...
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China's GDP growth grew 5.2 percent year on year in 2023, meeting the government's target of around 5 percent despite domestic challenges and external pressure.
An expert of Bosnia and Herzegovina (BiH) has highlighted the resilience of the Chinese economy, noting that it will continue to be an engine of the world economy.
Produced by Xinhua Global Service
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Serbia attracted 2.99 billion euro ($3.25 billion) in net foreign direct investment (FDI) in the first three quarters of 2023, the central bank said.
In January-September, the highest inflow of FDI, 933 million euro, went to manufacturing, followed by construction with 500 million euro, mining with 359 million euro and financial and insurance services with 301 million euro, figures published on the website of the central bank showed.
The bank gave no...
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Milojko Spajic; Dulajle, CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, via Wikimedia Commons
January 18 (SeeNews) - Montenegro has completed a hedging transaction that will result in 4 million euro ($4.4 million) of savings later this month when it is due to pay the next installment on a loan extended by China's Exim Bank for the construction of the Bar-Boljare motorway, prime minister Milojko Spajic said.
"Hedging is an instrument t...
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President of Serbia Aleksandar Vučić said Rio Tinto has to offer “the cleanest solution” with “the highest standards” to be allowed to resume its lithium mining and processing project in Jadar.
Two years after formally abolishing Rio Tinto’s lithium exploitation and processing project, Serbia is still keeping the door open. The authorities blocked the activities after nationwide protests, the largest in two decades. However, top officials said several time...
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Hungarian Prime Minister Viktor Orban (R, Rear) and Slovak Prime Minister Robert Fico (L, Rear) attend a joint press conference in Budapest, Hungary, on Jan. 16, 2024. Slovakia's Prime Minister Robert Fico on Tuesday pledged his support for Hungary in various fields in the European Union (EU). (Photo by Attila Volgyi/Xinhua)
BUDAPEST, Jan. 16 (Xinhua) -- Slovakia's Prime Minister Robert Fico on Tuesday pledged his support for Hungary in various fields in the Euro...