On the morning of the 20th, the US dollar broke through the 7.00 yuan mark against offshore RMB, with the latest rate at 7.00 yuan, up 0.5% on the day; the US dollar against onshore RMB was at 6.99 yuan, up 0.4% on the day. Data showed that at the same time, the US dollar index broke through 100, reaching its highest level in nearly three months. Zhu Hualei, Senior Investment Advisor at Jufeng Investment Consulting, told International Business Daily reporters that the rise in the US dollar index usually leads to...

It's that time of year again. The Social Security Administration has finally released the final wage statistics for the year, and the data is alarming. According to the report, the "average wage" in this country last year was only $34,612. In other words, half of American workers earned less than $34,612, and half earned more. This is a frightening development, as the cost of living is rising much faster than wages. More and more people are being pushed out of the middle class every day, yet most Americans...

On the date, data from the National Bureau of Statistics showed that the consumer price index (CPI) for residents in the month increased by 0.8% year-on-year and decreased by 0.2% month-on-month. On average from January to the month, the national CPI rose by 0.7% compared to the same period last year. The producer price index (PPI) for industrial producers in the month decreased by 1.3% year-on-year and decreased by 0.5% month-on-month. On average from January to the month, both the producer price index and the purchasing price index for industrial producers decreased by 1.6% compared to the same period last year.

Since the beginning of this year, in response to new situations and problems emerging in economic operations, the Party Central Committee and the State Council have made scientific decisions and taken decisive actions, accelerating the implementation of major reforms and existing policies. Particularly since late April, a package of incremental policies has been implemented, significantly boosting market confidence, enhancing development vitality, strengthening internal dynamics, and increasing the number of positive factors driving the economy towards improvement. During this year's National Day holiday, China's cultural and tourism market continued its hot momentum, with new forms and scenarios emerging, and the potential for cultural and tourism consumption being continuously released. Since the month, the marginal improvement in key indicators has been quite evident. As existing policies accelerate their implementation...

New users can click on "International Business Daily" to follow. It's the new season for cherries in the Southern Hemisphere once again. The China cross-border e-commerce air freight special line, fully loaded with early-ripening varieties of cherries from Latin America, is bringing high-quality products like Chilean cherries into the "shopping carts" of Chinese consumers. At the 7th CIIE, Chilean cherry supplier Jizhi () signed a strategic cooperation agreement with Chinese e-commerce platform Hema to supply cherries, cherry plums, and prunes from Chile, marking the official establishment of the first overseas direct procurement base in Chile for Chinese e-commerce. The 9th China "Chile Week" will be promoted in multiple cities across China in the coming month...

Richly flavored cashews, aromatic coffee... Tanzania, a land deeply cherished by nature, boasts a rich and diverse agricultural output with unique characteristics. Now, these agricultural and food products have crossed oceans to meet Chinese consumers at the CIIE. Tanzania has participated in the CIIE for consecutive years and is this year's guest of honor. Leveraging the CIIE platform, Chinese and Tanzanian enterprises have built a bridge of communication, effectively promoting bilateral trade. Coffee is one of Tanzania's agricultural products.

"Benchmarking and cost reduction" and efficiency improvement are eternal topics, with no end, only ongoing progress, and always on the road, requiring persistent efforts. On a certain date, the annual steel industry "Benchmarking and cost reduction" activity leading group work meeting was held, and Tang Zujun, Standing Committee Member and Vice President of the Party Committee of the China Iron and Steel Association, said this in his concluding speech. Tang Zujun affirmed the positive significance of the "Benchmarking and cost reduction" work for the stable development of the industry in his speech and put forward several opinions on this work. Firstly, it must be consistently pursued. The "Benchmarking and cost reduction" in the steel industry began in the 1990s and has become a unique...

During the China International Import Expo, Yicai interviewed Chen Sen, the Deputy General Manager, Chief Financial Officer, and Chief Actuary of China Pacific Property Insurance. In the interview, Mr. Chen shared insights on the role and contributions of China Pacific Property Insurance at the Expo. He mentioned that the company supported the business activities of numerous exhibitors and buyers by providing comprehensive insurance solutions, ensuring the safety and smooth conduct of transactions. Mr. Chen also emphasized the importance of technological innovation in the insurance industry. He stated that China Pacific Property Insurance is actively exploring and applying advanced technologies such as big data and artificial intelligence...

Recently, an interesting piece of news emerged: Sunac and Shanli (Shanli Commercial Co., Ltd.) had a secret meeting. The timing of this meeting was particularly sensitive—Sunac had just been exposed for shifting towards non-performing assets, while Shanli had recently risen as a dark horse in the non-performing asset sector. Will these two "new forces" spark due to their common language in non-performing assets? What kind of company is Shanli? Perhaps, just by looking at the name, one can guess the general idea—it's a company from the mountains... Following the development path of the core enterprise of the "Shanli Group"—Shanli Technology Holdings Co., Ltd., the predecessor of this company entered Bijie, Guizhou, as early as...