MA XUEJING/CHINA DAILY Cooperation among Regional Comprehensive Economic Partnership economies will continue to flourish and create benefits for the people of the region, a forum in South China’s Nanning, Guangxi Zhuang autonomous region, opined on Tuesday. RCEP allows the Association of Southeast Asian Nations to progress toward a new level of regional economic integration, laying…
A motherboard is displayed at Chinese telecom equipment maker ZTE Corp’s booth at PT Expo China held in Beijing, Sept 25, 2024. [Photo/VCG] PT Expo China 2024, an important telecom industry exhibition, kicked off on Wednesday at the China National Convention Center in Beijing. With focuses on cutting-edge technologies in information and communication, such as…
An ostrich-shaped robot on display at the third Global Digital Trade Expo, which opened in Hangzhou, Zhejiang province, on Wednesday. DONG XUMING/FOR CHINA DAILY Greater efforts are needed to strengthen international cooperation in digital trade and to collectively formulate international rules related to such business activity, a sector which has injected new impetus into world…
Multinational corporations will further expand their presence and investment in Henan province and participate in the province’s high-quality development, given its huge market potential and robust industrial development prospects amid China’s high-standard opening-up, global business leaders and officials said. They made the remarks at the 2024 Cooperation and Exchange Conference between Henan Province and Multinational…
CREC4 builders conduct check on equipment before swinging the world’s heaviest asymmetric curved cable-stayed bridge in Jiujiang, Jiangxi province. [SHEN JIAPENG/FOR CHINA DAILY] In the prefecture-level city of Jiujiang bordering Jiangxi province’s capital of Nanchang, State builders have completed the world’s heaviest asymmetric curved cable-stayed bridge, which has the largest swivel weight of its kind.…
The early conclusion of negotiations for version 3.0 of the China-ASEAN Free Trade Area (CAFTA) will offer both China and member states of the Association of Southeast Asian Nations expanded market access for products and services in each other’s markets, said scholars and business executives on Wednesday. With both sides committed to expeditiously concluding the…
A cashier counts RMB notes in a bank in Haian, Jiangsu province. [Photo/Sipa] Despite near-term challenges over growth and geopolitics, the RMB is likely to increase its share in global forex reserves over the long-term. When the renminbi was included in the special drawing rights basket in 2015, expectations for a rapid rise of the…
China’s accelerated push for promoting trade-in deals for products is paying off, with significant growth in consumer spending on key goods like automobiles and home appliances, providing a solid base for continued economic recovery in the following months, said officials and experts. Although the broader economy is still facing pressure from lackluster domestic demand and…
The 2024 Cooperation and Exchange Conference between Henan Province and Multinational Corporations is being held in Zhengzhou, central China’s Henan province, from Sept 24 to 26. This gathering has attracted foreign envoys in China, representatives of international organizations, top executives of multinationals in China and representatives from noted investment promotion organizations and chambers of commerce,…
The renminbi rallied to its strongest level in more than a year and Chinese equities continued their rebound on Wednesday, after a potent policy package lifted investors’ confidence in the Chinese economy, which is expected to sail through headwinds. Economists, investment banks and asset managers said that policymakers’ more decisive stance to shore up the…