What does it mean that real profit growth exceeds the financial industry?
financial_focus

What does it mean that real profit growth exceeds the financial industry?

Recently, a report by the China Securities Research Institute of Finance showed that from the 2020 annual report of listed companies, non-financial listed companies will achieve a net profit of 1.88 trillion yuan in 2020, an increase of 4.91% year-on-year, which is 3.73 percentage points higher than that of listed companies in the financial industry. The proportion of profits in all listed companies rose from 46.29% in the previous year to 47.18%.

Digital economy drives the transformation and development of small and medium-sized cities
financial_focus

Digital economy drives the transformation and development of small and medium-sized cities

   Walking into Didi Call City, Xinzhou District, Shangrao City, Jiangxi Province, young "post-90s" are busy. As one of Didi's largest customer service bases in the country, Call City already has more than 3,000 call seats, and it is expected to reach 30,000 within three years. It is not just Didi. In just a few years, thousands of information technology companies such as Huawei, Tencent, Netease, and vivo have settled in Shangrao. The digital economy is becoming a surging momentum for the transformation and development of this small city.

Li Daokui: China's economic growth rate in the next 5 years may show a "U-shaped" trend
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Li Daokui: China's economic growth rate in the next 5 years may show a "U-shaped" trend

China News Service, Beijing, May 18 (Reporter Li Xiaoyu) Li Daokui, Dean of the China Institute of Economic Thought and Practice, Tsinghua University, said on the 18th that China's economic growth is expected to slow down in stages in the next five years, showing a "U-shape". Trend, the industry will undergo deep and large-scale restructuring.

Mingtao Changjiang, Deputy Director of the Information Technology Development Department of the Mini
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Mingtao Changjiang, Deputy Director of the Information Technology Development Department of the Mini

China News Service, May 17th (Reporter Miao Lu) "Digital Symphonic City Renewal" National Information Consumption Demonstration City Tour (Shanghai Station)·2021 Shanghai Information Consumption Festival opened in Shanghai on the 17th, Ministry of Industry and Information Technology of China Mingtao Changjiang, deputy director of the Technology Development Department, said at the opening ceremony that China's information consumption scale will reach 5.8 trillion yuan in 2020, accounting for more than 10% of final consumption. The rapid growth of new information consumption such as online medical care, online education, and telecommuting has played an important role in hedging the impact of the epidemic and promoting stable economic operation.

Yijun County, Shaanxi: The sinking of the digital economy helps young people return to their hometow
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Yijun County, Shaanxi: The sinking of the digital economy helps young people return to their hometow

China News Service, Yijun, Shaanxi, May 16 (Reporter Zhang Yuan) "The sinking of the digital economy has enabled young people in Yijun County to return, retain, and become rich." Yijun County, Tongchuan City, Shaanxi Province Chang Cao Quanhu said that Yijun, located at the junction of the Guanzhong Plain and the Loess Plateau in northern Shaanxi, is now embarking on the fast lane of rural revitalization through the digital economy.

Blue Book of the Academy of Social Sciences: China's digital economy will account for about 18.8% of
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Blue Book of the Academy of Social Sciences: China's digital economy will account for about 18.8% of

China News Service, Beijing, May 14 (Reporter Wang Enbo) The digital economy is booming in China. According to a blue book released by the Chinese Academy of Social Sciences on the 14th, the scale of China's digital economy in 2020 will exceed 19 trillion yuan (RMB, below). Same), accounting for about 18.8% of GDP.

Chongqing and 6 provinces of Argentina hold a video conference, hoping to strengthen economic, trade
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Chongqing and 6 provinces of Argentina hold a video conference, hoping to strengthen economic, trade

   China News Service, Chongqing, May 14 (Liu Xianglin and Lu Chenchen) On the evening of the 13th, Chongqing held a video conference on cooperation and exchange with 6 provinces in northwestern Argentina. Zhang Yongwu, director of the Foreign Affairs Office of the Chongqing Municipal Government, said at the meeting that the two sides are highly complementary in economy and have great potential for future cooperation. He hoped that the two sides would further strengthen exchanges and cooperation in the fields of economy, trade, and humanities.

This week, the central parity rate of the renminbi has risen by 153 basis points. What is the future
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This week, the central parity rate of the renminbi has risen by 153 basis points. What is the future

   China-Singapore Jingwei Client, May 14 According to data from the China Foreign Exchange Trading Center, on the 14th, the central parity of the RMB against the US dollar rose by 87 basis points to 6.4525. Since this week (May 10-14), the central parity rate of the renminbi has been in a pattern of "three rises and two declines", with a cumulative increase of 153 basis points.

Investor sentiment survey report: Respondents have increased confidence in economic growth expectati
financial_focus

Investor sentiment survey report: Respondents have increased confidence in economic growth expectati

   Chinanews.com, Beijing, May 13 (Liu Liang) The latest issue of the "Investor Sentiment Survey Report" released by the Cheung Kong Graduate School of Business on the 13th showed that the overall optimism of the interviewees remained stable. At the same time, affected by the positive global economic outlook, the respondents have stable inflation expectations and continue to increase their confidence in economic growth.

Leading companies in the manufacturing industry talk with experts and scholars in Changsha about the
financial_focus

Leading companies in the manufacturing industry talk with experts and scholars in Changsha about the

   China News Service, Changsha, May 13 (Tang Xiaoqing and Qin Qin) Digital transformation has become an important starting point for promoting the high-quality development of the real economy and cultivating new growth momentum. On the 13th, at the "Tax Service Empowers the Deep Integration of Technological Innovation and the Real Economy" Tax Enterprise Forum held in Changsha, representatives of nearly 50 leading enterprises in the Hunan manufacturing industry, as well as experts and scholars from Beijing University of Posts and Telecommunications, and Hunan University discussed Digital economy development.

China's actual use of foreign capital in the first 4 months increased by 38.6% year-on-year
financial_focus

China's actual use of foreign capital in the first 4 months increased by 38.6% year-on-year

   China News Service, Beijing, May 13 (Reporter Li Xiaoyu) Foreign capital is still flowing into China rapidly. According to the latest data released by the Ministry of Commerce on the 13th, China’s actual use of foreign capital from January to April was 397.07 billion yuan, a year-on-year increase of 38.6% (equivalent to US$59.04 billion, a year-on-year increase of 42.8%; excluding banking, securities, and insurance). Same), an increase of 30.1% over the same period in 2019.