Alipay announces the annual virtual fortune card collection campaign on Jan 15 in Shanghai. [Photo provided to chinadaily.com.cn] Alipay, a major online-payment platform in China, is expanding its signature annual virtual fortune card collection campaign to celebrate the upcoming Chinese New Year, featuring 29 sets of cards themed on notable brands, figures and IPs from across…
Supportive government policies will continue to spur domestic demand including investment to facilitate a smooth and steady path of economic recovery, an expert said on Wednesday. “Government investment has a guiding and driving effect on private capital and facilitates the entry of private capital into the market, which helps to improve overall investment efficiency,” said…
Goethe-Institut marks three decades since it set up operations in China with a 30-hour event The Goethe-Institut is celebrating its 30th anniversary in China this year. And one of the highlights was a 30-hour celebration, with concerts, performances, art installations, film screenings, lectures and events for children in November at its base in Beijing’s 798…
Leapmotor is the second Chinese new energy vehicle startup to achieve profitability. [Photo provided to chinadaily.com.cn] Leapmotor has announced that it achieved a positive net profit for the fourth quarter of 2024, becoming the second Chinese NEV startup to become profitable after Li Auto. In the fourth quarter of 2024, Leapmotor’s average monthly deliveries exceeded…
A view of a property project under construction in Yantai, Shandong province, May 12, 2024. [Photo/VCG] BEIJING – Loans approved for China’s “white list” real estate projects have exceeded 5 trillion yuan ($695.5 billion), according to the National Financial Regulatory Administration (NFRA) on Sunday. The risks of China’s small and medium-sized financial institutions have been…
The 1.3 million kW photovoltaic facility located at the Tarim oilfield in Northwest China. [Photo/Xinhua] China National Petroleum Corporation (CNPC) has marked a major step in its green transition with the successful commissioning of its largest-ever solar project at the Tarim oilfield in the Xinjiang Uygur autonomous region, the company said on Wednesday. The 1.3…
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A large-scale exhibition celebrates the life and art of classic painter Dong Qichang The works of one of the most important figures in Chinese art history, Dong Qichang (1555-1636), are being presented in a large-scale exhibition at the Shanghai Museum. The Ferryman of the Ink World: Dong Qichang’s Calligraphy and Painting Art consists of 154…
Wisson Robotics showcases an array of universal soft robotics technology and products during the 2025 CES. [Photo provided to chinadaily.com.cn] Chinese robotics company Wisson Robotics showcased an array of universal soft robotics technology and products during the 2025 Consumer Electronics Show, the world’s premier tech show, in Las Vegas, United States. A series of drones…
BEIJING — The Biden administration’s sanctions, containment and suppression will not impede China’s progress, the Ministry of Commerce (MOC) said on Wednesday. Such measures, instead, will only bolster China’s confidence and capabilities in self-reliance and technological innovation, the MOC said. Under the pretext of national security, the Biden administration has intensified its trade restrictions against…