The digital transformation of small and medium-sized banks should not be reduced to how these institutions themselves should proceed. Rather, the question is whether we can establish shared infrastructure, said Liu Xiaochun, vice-president of Shanghai Finance Institute. It may require the government or industry associations to spearhead the creation of platforms that are commercially viable…
Fortescue, a West Australian company specializing in iron ore, said on Friday that it has signed partnerships with China’s top renewable energy companies to create a powerful multilateral network of commercial cooperation. The partnerships include the global leader in electric vehicles and in battery manufacturing and development BYD, solar technology and manufacturing giant Longi Green…
On September 18, 2025, Peking University’s Huang Yiping put it plainly: lifting total factor productivity is the only path to high-quality growth. That part is right. The harder part is delivery. The notion that a state-planned system can “optimally” allocate land, capital, and talent strains belief. Inside the Party School, Zhang Zhanbin proposes a government…
Shoppers browse items on sale at an ACG store in Shanghai on Feb 28. [Photo provided to CHINA DAILY] China has unveiled an array of policies to drive digital consumption, which is now widely seen by policymakers and analysts as a critical force to unlock domestic demand and facilitate the country’s transition toward a consumption-led…
A visitor displays a cup of coffee purchased with China’s digital yuan, or the e-CNY, April 26, 2023. [Photo/Xinhua] The digital yuan international operation center was officially opened in Shanghai on Wednesday, marking the launch of cross-border digital payments, blockchain services and digital asset management for the e-CNY. Managed by the Digital Currency Institute under…
Lianyungang in Jiangsu province, East China, is shaping an international logistics model integrating land-sea transport under the Belt and Road Initiative. The synergy between Lianyungang Port, the China-Kazakhstan (Lianyungang) Logistics Cooperation Base, the Shanghai Cooperation Organization (SCO) (Lianyungang) International Logistics Park, and the China-Europe Railway Express (CR Express) train service is pivotal to this model’s…
CovationBio and its key partners showcase their latest sustainable innovations at an intertextile trade show in Shanghai. [Photo provided to chinadaily.com.cn] Covation Biomaterials, a major producer of bio-based materials, is ramping up its commitment to meet the growing demand for sustainable textile solutions in the Chinese market. With deep roots in China, the company is…
BEIJING — China’s Ministry of Commerce announced on Thursday that it has decided to initiate an investigation into Mexico’s restrictive measures that constitute trade and investment barriers against China. The investigation became effective on Thursday, the ministry said in a statement. The restrictive measures to be probed include the Mexican government’s plans to raise tariffs…
French food blogger Mylene Mathieu ventured into Nanhua county, Chuxiong Yi autonomous prefecture, Yunnan province, on a quest for wild mushrooms, together with German culture… Read More »Picking, eating and cooking: French lady experiences wild mushrooms in Yunnan
Visitors inspect the Jaecoo J8 SUV from Chery at the 2025 Auto World Show in Kuwait, on Sept 22. ASAD/XINHUA Automakers are flocking to Hong Kong initial public offerings in a strategic push that not only advances their global expansion but also reflects the capital market’s recognition of China’s new energy vehicle industry. These moves come…