South Korea's central bank said Thursday it will maintain its current restrictive policy stance as any hasty rate policy change may undermine market confidence and further raise already high household debt.In its latest monetary policy report, the Bank of Korea (BOK) said the country's inflation is
South Korea added more than 300,000 jobs for the second consecutive month in February led by solid job growth in the manufacturing sector amid rising exports, data showed Wednesday.The number of employed people came to 28.04 million last month, up 329,000 from a year earlier, according to the data c
By He Yin, People's DailyThe international community is closely watching China's "two sessions," the annual gatherings of the National People's Congress (NPC) and the Chinese People's Political Consultative Conference (CPPCC) National Committee. It is optimistic about China's potential for economic
South Korea's exports fell more than 13 percent on-year in the first 10 days of March due mainly to fewer working days and weak demand for vehicles, but sales of semiconductors jumped more than 20 percent, data showed Monday. Outbound shipments reached US$13.54 billion in the March 1-10 period, comp
By He Yin, People's DailyThis year marks the 75th anniversary of the founding of the People's Republic of China. It is critical for achieving the goals set in the 14th Five-Year Plan. The "two sessions" this year, the annual meetings of China's national legislature and top political advisory body, h
By Zhong Sheng, People's DailyIn recent times, both China and the United States have been working together to implement the consensus reached by the heads of state of China and the United States at the San Francisco meeting.They have engaged in dialogues and exchanges in various fields and at differ
By Liu Wenxin, People's DailyGovernment departments under China's State Council handled 12,480 suggestions and proposals submitted by deputies to the National People's Congress (NPC) and members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) in 2023, a sp
대한전선이 유럽, 미주 등 글로벌 주요 시장에서 경쟁력을 입증하고 있다.대한전선(대표이사 송종민)은 글로벌 인프라 그룹인 발포어 비티(Balfour Beatty)에 초고압 전력망을 공급할 예정이라고 6일 밝혔다. 전체 금액은 약 3,800만 달러 규모다. 해당 프로젝트는 영국 북부 지역에 132kV급 신규 초고압 전력망을 구축하는 사업이다. 노후되어 있는 가공선을 지중선으로 변경해 전력 공급의 안정화와 송전 용량 확대를 도모한다.대한전선은 지난해 11월에 발포어 비티와 업무 협약(MOU)을 체결하고 상호협력해 왔다. 이번 프로젝트
By Zhong Sheng,People's DailyRecently, the Hong Kong Special Administrative Region (HKSAR) government's public consultation on the legislation of Article 23 of the HKSAR Basic Law successfully concluded. Out of over 13,000 public opinions, more than 98 percent expressed support or positive views, fu
By He Yin, People's DailyThe 13th Ministerial Conference (MC13) of the World Trade Organization (WTO), which was seen as an important opportunity to revitalize the multilateral trading system and jointly respond to global challenges, was held from Feb. 26 to 29 in Abu Dhabi, capital of the United Ar
By Wan Xiubin, Zhang Zhifeng, Zhang Tengyang, People's DailyOn April 1, 2017, the Chinese government decided to establish Xiong'an New Area in Hebei province, which holds national significance following the footsteps of Shenzhen Special Economic Zone and Shanghai Pudong New Area.Today, this fertile
By Hou Lulu, Bao Han, People's DailyXiamen in southeast China's Fujian province is a typical bay city. It rises from the sea, drawn into its embrace.The ecological conservation of bay cities is a global issue. Xiamen is rich in marine resources, but its sea area is small, which has been subjected to
By Liu Yi, Chang Qin, People's DailyXiamen, capital of southeast China's Fujian province, is a typical bay city. It rises from the sea, drawn into its embrace.The ecological conservation of bay cities is a global issue. These cities feature dense populations and industrial clusters, with significant
By He Yin, People's DailyDuring this year's Spring Festival holiday, there has been a significant increase in cross-regional personnel movement across China, and the consumer market was full of vitality. This has presented the resilience and vitality of the Chinese economy to the international socie
By Wu Lejun, Wu Qiuyu, Yu Yichun, People's DailyThe International Monetary Fund (IMF) recently raised its growth forecast for the Chinese economy and other emerging economies in Asia in 2024. At the same time, the IMF has increased its global economic growth forecast for this year by 0.2 percentage
Also recognized in the United States, suzerain country of chicken in the worldReporter Ms. Kim Soo-bin BBQ Chicken from Korea's largest chicken franchise, Genesis BBQ Group (led by Chairman Yoon Hong-geun) has been selected as the "Best Fried Chicken" by the American food magazine, Taste of Home.The
By reporter Kim Soo-binBBQ Chicken from Korea's largest chicken franchise, Genesis BBQ Group (led by Chairman Yoon Hong-geun) has been selected as the "Best Fried Chicken" by the American food magazine, Taste of Home.The announcement by Taste of Home is considered to be more meaningful as it beats m
By Wang JunlingNinety-seven Chinese cities have newly became "gigabit cities" in 2023, meaning they gained the capability to offer gigabit 5G and gigabit optical fiber services, known as "dual gigabit," said China's Ministry of Industry and Information Technology (MIIT) recently.Building gigabit cit
The health ministry on Friday ordered 221 training hospitals to ban mass leave and maintain essential medical personnel, as trainee doctors decided to submit their letters of collective resignations in protest of a plan to boost the number of medical students.The order came hours after trainee docto
The Organization for Economic Cooperation and Development (OECD) revised down its outlook for South Korea's economic growth this year to 2.2 percent, Seoul's finance ministry said Monday.The figure marked a 0.1 percentage-point fall from its projection of 2.3 percent made in November, according to t