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‘Ice city’ sees white hot tourism demand

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Visitors pose for photographs with the cauldron for the 9th Asian Winter Games at Harbin Ice and Snow World Park in Heilongjiang province on Saturday.[Photo/Xinhua] Domestic and foreign consumers have shown a growing interest in taking ice and snow trips to Northeast China, led by the “Ice City” of Harbin, Heilongjiang province, and fueled by…

Chinese Tencent Cloud launches Middle East cloud region in Saudi Arabia

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RIYADH — The Chinese Tencent Cloud Company has launched its first Middle East Cloud Region in Saudi Arabia, featuring two availability zones with full redundancy, advanced cloud services and AI capabilities. In a statement on Sunday, the company revealed that the new availability zones, expected to be operational in 2025, will integrate Saudi Arabia into…

China to lift restrictions on foreign capital

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China rolled out a plan on Monday to stabilize foreign investment this year, signaling the country’s determination to achieve high-level opening-up in the face of rising global protectionism, analysts said. The plan, adopted at the State Council executive meeting chaired by Premier Li Qiang, outlined more practical and effective measures to both retain existing and…

Dongfeng, Changan revamp to give global edge to automakers

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The planned restructuring of Wuhan, Hubei province-headquartered Dongfeng Motor Corp and Chongqing-based Changan Automobile is expected to create a more integrated and competitive automaker capable of competing with global giants like Toyota, Volkswagen and Tesla in the coming years, said analysts on Monday. A number of listed subsidiaries of State-owned Dongfeng Motor and CSGC, the…

Adding new energy to electricity market key

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State Grid employees check solar power panels in the Tibet autonomous region. [Photo by SONG WEIXING/FOR CHINA DAILY] China’s recent notice on promoting the integration of new energy sources into the electricity market further reflects the market value of renewable power through supply and demand dynamics and accelerates China’s moves into a national unified power…

Trump tariff plan to spur US inflation

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US President Donald Trump [Photo/Agencies] US President Donald Trump said on Sunday that he will announce 25 percent tariffs on all steel and aluminum imports into the country on Monday, which analysts said will make it even harder for the White House to tame persistent inflation. The ongoing trade war initiated by the United States…

Maersk, Hapag-Lloyd launch Shanghai Port operation in joint cooperation

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With the lifting of the first container at the Shanghai Port on Feb 10, the Gemini Cooperation officially launches its operation at the port, said Shanghai International Port (Group) Co Ltd. [Photo provided to China Daily] With the lifting of the first container at the Shanghai Port on Feb 10, the Gemini Cooperation officially launched…

Shanghai will continue issuing consumption vouchers in 2025

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Customers dine at a restaurant in Shanghai, Feb 4, 2025. [Photo/VCG] Given the clear success of last year’s consumption vouchers, Shanghai will continue to issue vouchers in the areas of dining, tourism, movies, and sports this year to boost consumption, an official announced at a municipal news conference held on Monday. Zhu Min, director of…

ROX Motor expands into Saudi Arabia

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ROX 01 debuts in Saudi Arabia at LEAP 2025, which runs from Feb 9 to 12 in Riyadh. [Photo provided to chinadaily.com.cn] ROX Motor, a Chinese new energy vehicle brand, has entered the Saudi Arabian market, with the debut of its luxury all-terrain SUV, ROX 01, on Sunday at the country’s technology event LEAP. The…

Delegation from 32 Chinese firms leaves for economic, trade talks in Kazakhstan

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A view of the Parliament of Kazakhstan and the Presidential Palace is seen in Astana, capital of Kazakhstan. CHINA DAILY A Chinese business delegation organized by the China Council for the Promotion of International Trade (CCPIT) departed on Monday for Kazakhstan to engage in economic and trade exchange activities, according to information released by the…