Shenhai Yihao platform aims to boost nation's maritime resource development

On June 25, Shenhai Yihao, the world's first 100,000 ton deep-sea, semi-submersible oil production and storage platform, began drilling at Lingshui 17-2, an offshore gas field located 150 kilometers south of Hainan island in the South China Sea.

China remains the main driver of global demand with the consumption and service industry taking a more dominant role, Securities Times reported on Tuesday.

Measures aimed at ensuring economy operates within reasonable range

China will strive to maintain a stable monetary policy, ensure that prices remain normal and the economy operates within a reasonable range close to its potential level of output, the central bank governor said on Thursday.

BEIJING - Chinese Vice-Premier Liu He, a member of the Political Bureau of the Communist Party of China Central Committee and chief of the Chinese side of the China-US comprehensive economic dialogue, held a video conversation with US Treasury Secretary Janet Yellen on Wednesday morning.

PARIS - Prospects for the world economy have brightened, but the recovery is likely to remain uneven and dependent on the effectiveness of public health measures and policy support, said the Organization for Economic Cooperation and Development (OECD) on Monday.

As high as 87 percent of central banks deemed the Belt and Road Initiative conducive to economic recovery in the post-pandemic era, according to the China Report 2021 released at the International Finance Forum, as reported by Xinhua News Agency on Sunday.

Tax cuts, fee reductions to support market players highlighted during Li's inspection

Premier Li Keqiang has pledged stronger measures to ensure the supply of commodities and rein in their prices, saying that the government will extend support to businesses struggling to cope with rising costs and prevent a possible surge in consumer prices.

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