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How expensive was agricultural land in 2023?

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2.2 million vessels entered the main EU ports in 2023

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China Eastern Airlines launches service desks for 2025 Winter Games

China Eastern Airlines officially launched seven arrivals and departures service centers at airports in six major Chinese cities on Jan 27, in an effort to provide enhanced services to air travelers during the upcoming 2025 Harbin Asian Winter Games that is scheduled to kick off in Harbin, the capital of China’s northernmost Heilongjiang province on…

Abu Dhabi to boost ties with nation

Abu Dhabi, the largest emirate in the United Arab Emirates, is intensifying efforts to bolster its economic and trade relations with China, targeting key sectors such as advanced manufacturing, energy transition, and artificial intelligence to seize emerging opportunities for collaboration with the world’s second-largest economy. Jasem Alawadhi, head of economic strategy oversight at the Abu…

Supermarkets see rise in foot traffic

Shoppers seen at a supermarket in Zaozhuang, Shandong province. [SUN ZHONGZHE/FOR CHINA DAILY] Chinese supermarket chains have reported increases in both visitor numbers and online sales, with three out of four that undertook adjustments and renovations in 2024 achieving growth, according to a report by the China Chain Store and Franchise Association. The findings highlight…

Nasdaq celebrates Chinese New Year with closing bell

NEW YORK — Nasdaq, a major stock exchange in the world, celebrated the Chinese New Year on Monday afternoon by holding a closing bell ceremony in partnership with the Chinese Consulate General in New York. Marking the 16th year of celebrating the Spring Festival at Nasdaq, Chen Li, the Chinese consul general in New York,…

Consumers to play bigger role in spurring growth

A consumer checks out Lenovo laptops in Shanghai in May. CHINA DAILY China’s consumption, powered by a more proactive fiscal policy and a moderately loose monetary policy, will bring out greater vitality and play a bigger role in spurring overall economic growth this year, said officials and executives. Consumer goods trade-in initiatives will serve a…

China’s general public budget revenue exceeds 21.97 trillion yuan in 2024

China’s general public budget revenue, which is the sum-up of tax revenue and non-tax revenue, reached more than 21.97 trillion yuan ($3.03 trillion) last year, increasing 1.3 percent year-on-year, the latest data from the Ministry of Finance showed on Friday. The fiscal revenue had showed greater growth momentum toward the end of the year, following…

Spring Festival rush: Visa-free policies ignite surge in foreign tourist arrivals

Inbound tourists arriving by cruise ship watch a lion dance performance in Shanghai, East China, Jan 8, 2025. [Photo/Xinhua] BEIJING — As China continues to relax its visa-free policies, the country has seen a notable increase in foreign visitors joining the Spring Festival travel rush, eager to experience its rich cultural traditions. The Spring Festival…