China Industries
A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. [Photo/Xinhua] A 0.5 percentage-point reduction in the reserve requirement ratio for eligible financial institutions took effect on Thursday, with the move expected to inject roughly 1 trillion yuan ($139 billion) of long-term liquidity into China’s financial market.…
Food delivery drivers weave in and out of traffic in Yancheng, Jiangsu province, May 14, 2025. [Photo/VCG] China’s top market regulator and four other government authorities have jointly summoned major food delivery platforms and urged them to rectify unfair market practices and better protect the rights of consumers, merchants and delivery staff. The move comes…
China will implement the full-chain management of strategic minerals to ensure effective enforcement of control measures, and safeguard national security and development interests, said a spokesperson from the Ministry of Commerce. The official’s remarks came after the government announced earlier this week that it would tighten export controls on strategic minerals, with a focus on…
China and Mongolia started building a new cross-border railway on Wednesday, which is seen as a major route for energy cooperation between the two countries. China’s section is being built by China Energy Investment Corp (CHN Energy), the country’s largest coal-fired power generator by capacity. It is planned to be finished and open by 2027.…
Technicians check power storage equipment at a power station in Rongcheng, Shandong province, on April 28. LI XINJUN/FOR CHINA DAILY China has released new rules to guide more auxiliary electricity services into the market to ensure a steady power system, which industry experts believe will create significant opportunities for new energy technologies like energy storage, virtual…
China and Saudi Arabia are deepening cooperation in agriculture and sustainable development, with more than 600 representatives from government and industry attending the China (Beijing)-Saudi Arabia Forum on Agricultural Industry and Sustainable Development in Beijing on Tuesday. At the forum, more than 70 cooperation agreements were signed between Chinese and Saudi enterprises and institutions, with…
China’s first commercially operated hydrogen-powered locomotive began trial runs on Saturday in Liupanshui, Guizhou province. HUANG SHUJIN/FOR CHINA DAILY China’s first commercially operated hydrogen-powered locomotive began trial runs on Saturday in Liupanshui, Guizhou province, marking a significant milestone in the city’s long-term drive to modernize its coal industry. The locomotive can be fully refueled in about…
Digital Farabi 2025 Forum in session. [Photo provided to chinadaily.com.cn] Focusing on the role of artificial intelligence, the low-altitude economy, cybersecurity and green technology in the country’s economic development, the Digital Farabi 2025 Forum was recently held at Al-Farabi Kazakh National University in Almaty, Kazakhstan. Kazakhstan’s Minister of Science and Higher Education, Sayasat Nurbek, opened the…
A purchaser talks with an exhibitor at a baggage booth at the 137th China Import and Export Fair in Guangzhou, South China’s Guangdong province, May 5, 2025. [Photo/Xinhua] Some 22 years ago, I worked part-time as an interpreter, accompanying an Indian businessman visiting the Canton Fair, then a must-attend event for global buyers that only…
A C919 aircraft arrives at Shanghai Hongqiao International Airport on July 29, 2024. [YIN LIQIN/CHINA NEWS SERVICE] Passengers are now able to change their flight tickets between different carriers while flying between the Shanghai Hongqiao International Airport and the Beijing Capital International Airport after a new service was put into trial operation on Tuesday (May…