China remains world’s top manufacturing hub for 12th year
The value-added output of the manufacturing sector in 2021 increased 9.8 percent year-on-year to 31.4 trillion yuan
ECONOMIC AFFAIRS
China’s lawmakers to stress stability, infrastructure investments
Experts expect the 2022 GDP growth target at be set at around 5.5% when leaders convene for the annual "two sessions" in March.
China’s high-tech zones show strong growth momentum
According to initial estimates, profits from these high-tech zones totaled 4.2 trillion yuan, a year-on-year increase of about 17 percent.
China’s central bank conducts 300 billion yuan of reverse repos
The move aims to keep month-end liquidity in the banking system stable, the central bank said.
Bangladesh loses 7 billion working hours a year to global warming: Study
At current temperatures, the global economy is losing US$280 to US$311 billion per year due to heat-related productivity losses.
More volatility expected as markets respond to Ukraine crisis
The crisis in Eastern Europe is by no means over and markets will remain extremely volatile this week.
Tourism project worth over US$1 billion kicked off in Ninh Thuan
The province targets 3.5 million visitors, including 455,000 foreigners, and US$127.1 million worth of tourism revenue in 2025.
Bank of Korea freezes key rate, announces decade-high inflation outlook
The BOK said that that consumer price inflation has recently remained high in the mid- to upper-3 percent range.
China’s sharing economy grows 9.2% in 2021: Report
The report said in 2021, the country saw a faster reshape in the sharing economy market where growing competition was seen.
Japan hands Thailand $500-million loan for Covid relief
The finance minister said similar offers also came from the Asian Development Bank and the World Bank.