The Gates Foundation announced on Thursday that it plans to spend $200 billion over the next two decades and cease operations by 2045. “I will give away virtually all my wealth through the Gates Foundation over the next 20 years to the cause of saving and improving lives around the world,” Bill Gates, the foundation’s…
An audience member watches an AIGC sci-fi short drama “The Sun that Fell” on his mobile phone in Shanghai, May 5, 2025. [Photo/VCG] BEIJING – China’s broadcasting and online audiovisual industry posted strong growth in 2024, fueled by a boom in micro-dramas and a steady rise in digital media consumption, according to an official report…
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The second Hunan (Huaihua) RCEP Economic and Trade Expo opens on Friday in Huaihua, Hunan province. [Photo by Zhu Youfang / chinadaily.com.cn] The second Hunan (Huaihua) RCEP Economic and Trade Expo opened Friday in Huaihua, Hunan province, with 28 projects totaling 11.88 billion yuan ($1.64 billion) signed. These projects span sectors including luggage and leather…
A ceremony marking the start of construction on AstraZeneca’s new small molecule drug factory is held in Wuxi, East China’s Jiangsu province, on May 8. [Photo provided to chinadaily.com.cn] AstraZeneca, a globally leading biopharmaceutical company, kicked off construction on a new small molecule drug manufacturing facility in Wuxi, East China’s Jiangsu province, on May 8,…
China launched a sweeping campaign to crack down on the smuggling of strategic minerals, including transshipment through third-party countries, to reinforce control over critical raw materials. The campaign marked China’s sharpest response to suspected attempts by foreign buyers to sidestep export controls amid the tariff war launched by the United States. According to a statement…
China Energy Investment Corp (CHN Energy), the country’s largest coal-fired power generator by capacity, has vowed to continue stepping up investment in renewable energy and clean utilization of coal this year, as it seeks to balance energy supply and decarbonization. The company will accelerate efforts to push forward pilot projects in cleaner coal technology, including…
Toys are on display at a store in Brooklyn, New York, May 6, 2025. [Photo/VCG] The time has come to place orders for toys for the 2025 holiday season. Chinese toy makers are enhancing their offerings by producing higher-value and more innovative toys to remain competitive and expanding into international markets, especially amid ongoing trade…
A Malaysia Airlines aircraft comes in to land at Shanghai Pudong International Airport on Sept 1, 2024. The airline is operated by Malaysia Aviation Group. [CHINA DAILY] Malaysia Aviation Group, parent company of Malaysia Airlines, plans to expand its presence in China by ramping up frequencies on core routes and launching direct services to second-tier…
Foreign merchants talk to sellers at a trade mart in Yiwu, Zhejiang province, in April.[NI YANQIANG/FOR CHINA DAILY] HANGZHOU — In a compact shop no larger than 10 square meters, Tao Yang, a vendor in Yiwu — a city in Zhejiang province known as “the world’s supermarket” — keeps a well-used world atlas on her…