Briefly

Heilongjiang reports robust trade growth

Northeast China's Heilongjiang province saw its foreign trade in goods grow by 28.1 percent year-on-year to 180.8 billion yuan ($28.4 billion) in the first 11 months, Customs data showed. The province's imports rose 29.3 percent to 140.4 billion yuan in the January-November period, while exports were up 24.3 percent at 40.3 billion yuan. During the period, Heilongjiang's trade with Russia hit 118.5 billion yuan, up 32.4 percent, accounting for 65.5 percent of the province's total. Its exports to Russia increased by 8.2 percent to 9.6 billion yuan while imports from Russia surged by 35 percent to 108.9 billion yuan.

Shanghai end-Nov balance of loans rises

The balance of loans in Shanghai stood at 9.45 trillion yuan ($1.49 trillion) at the end of November, up 12.6 percent from the same period last year. The balance of loans in Chinese yuan reached 8.68 trillion yuan at the end of November, up 12.2 percent year-on-year, 1 percentage point higher than the previous month's growth rate, said the People's Bank of China Shanghai Head Office.

382 PPP projects in first 11 months

China saw 382 new public-private partnership projects registered in the first 11 months of the year, data from the country's top economic regulator showed. Urban infrastructure saw 144 projects added during the period, the largest increase in terms of the number of new projects among all the sectors, according to the National Development and Reform Commission. Sectors including agriculture, forestry, water conservancy, social development, transport and environmental protection also reported many new PPP projects in the January-November period. PPPs act as collaborative investment models between the government and private companies.

Xinhua