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New member of IBLAC stresses forward-thinking attitudes for Shanghai to grow

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Gary Guthart, CEO of Intuitive Surgical Inc. shares his thoughts of Shanghai’s business environment and its future growth in an interview, on Sept 21. [Photo by Gu Yingjie/english.shanghai.gov.cn] Gary Guthart, CEO of Intuitive Surgical Inc., a new member of the International Business Leaders’ Advisory Council, stressed on Sept 21 that a forward-thinking attitude is key…

Fed moves set to give PBOC more options

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Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] China’s central bank may soon opt for more easing moves as the United States is poised for an interest rate cut cycle, as headwinds are emerging amid efforts to stabilize domestic economic momentum, analysts said on Wednesday. Possible…

Beijing receives over 8 million tourists during Mid-Autumn Festival

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BEIJING – During this year’s Mid-Autumn Festival holiday from Sept 15 to 17, Beijing received more than 8.17 million tourists, the municipal culture and tourism bureau said Wednesday. Among the total, some 7.7 million visitors flocked to the city’s 212 key tourist attractions, up 13.6 percent year-on-year, according to the bureau. Rural tourism in Beijing’s…

г-н Лъчезар Динев в централата на „Ctrip” в Шанхай

EU tariffs on Chinese EVs raise trade war concerns

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China-made new energy vehicles await shipment to Europe in Xiamen, Fujian province. [Photo/Xinhua] FRANKFURT – The EU has ignored fresh proposals from Chinese automakers aimed at resolving the dispute over Chinese EVs in the European market, undermining efforts to ease tensions through dialogue. The decision to impose tariffs on China-made EVs, despite several offers from…

Hilton eyes expanding luxury hotels in nation

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This year marks the tenth anniversary of the Waldorf Astoria Beijing. Provided to China Daily Hilton has unveiled plans to expand its number of luxury hotel brands in the Chinese market in the coming years amid rising demand for high-end travel experiences among domestic and inbound travelers. The company will see the number of luxury brands expand,…

Circular agriculture changing livelihoods in rural Shandong

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In the county-level city of Rushan, Shandong province, villagers in Nanhuang town are enjoying integrated services they never dreamed of previously — smart greenhouses, green charge piles for vehicles and rooftop solar panels generating power and income. Three years ago, State Grid Rushan Power Supply Co initiated a drive with Kaoshan village to launch a…

Home appliance giant Midea Group debuts on Hong Kong market

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Midea’s booth at an expo held in Shenzhen, Guangdong province, April 25, 2024. [Photo/VCG] HONG KONG – Home appliance giant Midea Group went public on the Hong Kong stock market on Tuesday. Shares of the group opened higher on its first trading day in Hong Kong and closed up 7.8 percent. According to the prospectus,…

Hefei charging ahead as tech, innovative hub

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A visitor takes photos of a naked-eye 3D screen at the 2024 World Manufacturing Convention in Hefei, East China’s Anhui province, Sept 20, 2024. [Photo/Xinhua] Top Chinese manufacturers have shown growing reliance on research and development and cutting-edge technologies as new growth drivers, government officials, company executives and industry experts said on Friday. They made the…

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Beijing-Tianjin-Hebei region signs 202 projects at CIFTIS

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A view of the booth of the Beijing-Tianjin-Hebei region during the 2024 CIFTIS. [ZHANG XIUKE/FOR CHINA DAILY] A total of 202 investment projects with an overall investment of 162.2 billion yuan ($22.85 billion), as well as 24 cooperation agreements were signed on “Beijing Day” held during the 2024 China International Fair for Trade in Services.…

Innovation drives Anhui’s smart plants

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A Nio electric vehicle is assembled at an automated assembly line in Hefei, capital of Anhui province. CHINA DAILY In December 2012, when The Economist, a London-based magazine, identified Hefei as the world’s fastest-growing metropolitan economy, not many thought the capital of East China’s Anhui province would be able to maintain its steady pace of growth.…