Briefly

Nil import tariff on coal from May 1

The Ministry of Finance said in a statement on Thursday that it will cut import tariffs on coal to zero from May 1 to March 31, 2023, in order to guarantee energy supply and promote high-quality development.

Road project in Ethiopia advancing

Chinese builders are busily advancing a road upgrade project in Ethiopia, which links two areas of Oromia, and the Southern Nations, Nationalities and People's Region. China Railway No 4 Engineering Group Co Ltd is constructing the 80-kilometer road starting at Jimma zone and ending in Chida county.

Dairy giant Yili's 2021 revenue at 111b yuan

Inner Mongolia Yili Industrial Group Co Ltd, a Chinese dairy giant, generated revenue of about 111 billion yuan ($16.83 billion) in 2021, up 14 percent year-on-year, the company said in its annual financial report.

China Daily - Xinhua