A property agent (center) introduces a residential project in Qingzhou, Shandong province. [WANG JILIN/FOR CHINA DAILY] In a tone-setting conference, China’s policymakers outlined specific property measures focused on risk prevention, stock optimization and supply improvement, which is key to the stable and healthy development of the real estate sector, said industry experts on Sunday. Being…
Visitors look at a model of a fully automatic hydrogen-powered train at the 2024 World Manufacturing Convention in Hefei, East China’s Anhui province, Sept 21, 2024. [Photo/Xinhua] China has emerged as the global leader in renewable hydrogen production capacity, accounting for over half of the world’s total installed capacity last year, according to a government…
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Part policy, part political ritual, and part for show, China has begun preparing its 15th five-year Plan (5YP). It is intended as a comprehensive blueprint for all aspects of life, from economics to lifestyle.It is primarily driven by the Party’s key priorities: control, national security, ideological guidance, and social stability. In this context, ‘social stability’…
An image shows the exterior view of the National Exhibition and Convention Center (Shanghai), a major venue for the China International Import Expo located in the Hongqiao International Opening-up Hub. [Photo/Xinhua] Shopping at the ZZER secondhand luxury consignment store in Hongqiao has become something of a habit for 27-year-old Zheng Tingting, as she travels frequently…
Foreign visitors take selfies at the iconic Temple of Heaven in Beijing on Saturday as thousands of tourists visited popular destinations in the capital and elsewhere for the May Day holiday. WANG XIN/FOR CHINA DAILY The five-day May Day holiday — from Thursday through Monday — spurred a tourism boom in the country, with scores…
Billionaire investor Warren Buffett and Apple CEO Tim Cook have joined a chorus of business leaders warning against Washington’s tariff-driven trade policies, highlighting that they are inflating costs for companies in the United States and harming economic growth. Their remarks show that even large corporations with diversified supply chains, like Apple, are feeling the strain,…
An aerial view of the construction site of Shanghai East Railway Station. [GAO ERQIANG/CHINA DAILY] For a very long time, people living in eastern Shanghai’s Pudong New Area have been yearning for a railway station. And 34-year-old Zhang Xiaolu is one of them. “It takes us at least one hour to get to Hongqiao Railway…
Staff members handle businesses related to private enterprises at the government service center of Dongsheng District in Ordos City, North China’s Inner Mongolia autonomous region, April 16, 2025. [Photo/Xinhua] China’s national lawmakers voted on Wednesday to adopt the country’s first fundamental law specifically focusing on promoting the private economy, marking a significant step in revitalizing a…