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China does not seek trade advantages via currency devaluation: central bank governor

Pan Gongsheng, governor of the People's Bank of China, attends a press conference for the fourth session of the 14th National People's Congress (NPC) on economy in Beijing, capital of China, March 6, 2026. (Xinhua/Li Xin) BEIJING, March 6 (Xinhua) -- China has no need or intention to seek competitive edges in foreign trade through the depreciation of its currency, China's central bank governor said Friday.

Total market capitalization of China's A-shares tops 110 trln yuan: securities regulator

BEIJING, March 6 (Xinhua) -- Total market capitalization of A-shares has exceeded 110 trillion yuan (about 15.9 trillion U.

'Guzi' economy goes mainstream as young people spend on emotion-driven merchandise

People visit a MINISO LAND store in Guangzhou, south China's Guangdong Province, Oct. 28, 2025.

China's AI-related industries to top 10 trln yuan by 2030: official

BEIJING, March 6 (Xinhua) -- China's artificial intelligence (AI) related industries will be valued at more than 10 trillion yuan (1.45 trillion U.

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