Customers apply for subsidies under the trade-in program in Hangzhou, Zhejiang province, in October. [Photo/Xinhua] China’s trade-in policy achieved significant results in 2024, said Sheng Qiuping, vice-minister of commerce, at a news conference in Beijing on Friday. Last year, more than 6.8 million vehicles were traded in for new ones. More than 62.76 million units…
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Tourists visit the Shenyang Imperial Palace Museum in Northeast China’s Liaoning province, on Jan 9, 2025. [Photo/Xinhua] In the vast expanse of Northeast China, railways have become a fast, reliable and convenient means of transportation for people, injecting vitality into the economic development of the region’s tourism economy. Since the Spring Festival travel rush began…
China’s homegrown AI model, DeepSeek, has surged to the top of the free app download charts in the United States region of the Apple App Store, surpassing the once-dominant ChatGPT. It also secured the number one spot on the free app rankings in China. On Jan 20, Chinese artificial intelligence firm DeepSeek officially launched its…
Chinese companies are ramping up their engagement in the burgeoning new energy sector within Arab nations, responding to the urgent energy transition needs in the region, said experts. This strategic move entails a substantial push into renewable energy domains like solar and wind power, hydrogen energy and cutting-edge energy storage solutions. The anticipated future collaborations…
Visitors pose for a photo at the Beicang Cultural and Creative Block in Jiangbei district of Southwest China’s Chongqing municipality, Oct 4, 2024. [Photo/Xinhua] CHONGQING – In Southwest China’s Chongqing municipality, abandoned factories and warehouses have been transformed into vibrant cultural and creative hubs, while old neighborhoods have been revitalized with unique bistros and cultural…
A view of the headquarters of China Securities Regulatory Commission in Beijing. [CHINA DAILY] BEIJING — The China Securities Regulatory Commission (CSRC) on Sunday released an action plan to promote the high-quality development of index investment in the Chinese capital market. According to the plan, the country will significantly increase the scale and proportion of…
Cast and crew members of all six upcoming films competing for the Spring Festival market gather at a promotional event held in China National Film Museum on Jan 23, 2025. [Photo provided to chinadaily.com.cn] BEIJING — With two days to go before the Spring Festival holiday, China’s box office pre-sales for the holiday have reached…
China will actively expand imports this year even in the face of escalating trade protectionism, transforming its super-sized market into a shared global one that injects fresh momentum into the global economy, officials and experts said on Thursday. “China’s ongoing efforts to scale up its imports represent a proactive response to its responsibilities as a…
United States President Donald Trump has signed an executive order promising to eliminate what he incorrectly labels “the electric vehicle mandate” imposed under former president Joe Biden. Trump’s order last week is consistent with pledges he made on the campaign trail to end what he calls a “preposterous” focus on EVs by Biden and other…