A huge wave of maturing household time deposits, totaling tens of trillions of yuan, is set to test the investment appetite of Chinese savers in 2026, potentially reshaping the flow of capital across the country’s financial markets as more asset allocation options emerge. According to estimates by China International Capital Corp, roughly 75 trillion yuan…
MTU technicians repair engines. CHINA DAILY Located in the heart of one of Asia’s most dynamic aviation clusters, MTU Maintenance Zhuhai has grown into China’s market leader for commercial aircraft engine maintenance, repair and overhaul, known as MRO. As a joint venture between MTU Aero Engines and China Southern Airlines, where each holds a 50…
People visit the historic and cultural city block Three Lanes and Seven Alleys in Fuzhou, Southeast China’s Fujian province, Feb 21, 2026. [Photo/Xinhua] BEIJING – China registered an average of 26,000 newly established enterprises per day in 2025, official data showed on Saturday. A total of 25.74 million new businesses were set up nationwide last…
Shanghai Haichang Ocean Park draws tourists. [Photo provided to chinadaily.com.cn] During the Spring Festival holiday, catering, accommodation, intangible cultural heritage experiences, and leisure entertainment saw remarkable… Read More »Travel and culture drive holiday spending
Semiconductor company Nvidia Corp says it has secured a license from Washington to ship a small number of its less advanced H200 chips to customers in China. However, the United States firm has also stated that it is not including any China data-center revenue in its first-quarter sales outlook due to regulatory uncertainty. During a…
Bank of China Frankfurt Branch serves as the headquarters of BOC in Germany. CHINA DAILY As the leading Chinese bank in Germany, distinguished by the largest branch network and the most comprehensive range of financial services, Bank of China has consistently played an active role in supporting economic and trade exchanges between China and Germany,…
An elevated view of Wudongde Hydropower Station. XU JIAN/FOR CHINA DAILY As China continues to pursue innovation-driven and green development, Germany’s Voith Group sees growing opportunities to work more closely with local partners across multiple industries, providing advanced technologies and long-term solutions that support the country’s high-quality development, a senior executive said. Headquartered in Heidenheim,…
A news conference on the business environment held in Shijiazhuang, Hebei province on Feb 27. [Photo provided to chinadaily.com.cn] North China’s Hebei province is reaffirming its commitment to creating a first-class business environment, announcing a fresh set of measures focused on data empowerment and fair market competition, officials said at two separate news conferences on…
Staff workers conduct the final check for tractors to be sold in a factory in Yangzhou, Jiangsu province, on Jan 19, 2026. [Photo/Xinhua] China’s economy expanded 5 percent year-on-year in 2025, surpassing the 140 trillion yuan ($20.4 trillion) threshold for the first time and remaining the world’s second-largest economy, official data showed on Saturday.The country’s…
Tourists watch a performance of traditional dancing in Nanjing, Jiangsu province, during the Spring Festival. FANG DONGXU/FOR CHINA DAILY A significant surge in consumption was seen across categories, including intangible cultural heritage experiences, leisure activities and hotel stays, as consumers embraced both traditional family gatherings and holiday travel during the recent Spring Festival holiday, data…