Major SOEs pave way for high-quality development, ramp up infrastructure building to lift economy, livelihoods Technicians of China Railway 24th Bureau Group Corp check rails during a contest of railway emergency management held by the local rail operator in Yiwu, Zhejiang province, in October. [Photo provided to China Daily] China recently decided to issue 1…
In a recent interview with China Perspectives, Zhang Ming, deputy director of the Institute of Finance & Banking at the Chinese Academy of Social Sciences, said that compared with the past, it is true that the probability of the Chinese central government providing direct support to low and middle-income groups has increased notably. Zhang suggested…
Drones are on display at the China International Big Data Industry Expo 2024 in Guiyang, capital of Southwest China’s Guizhou province, on Aug 28, 2024. [Photo/Xinhua] Cutting-edge technologies shine at the 2024 China International Big Data Industry Expo or Big Data Expo 2024 in Guiyang, the capital of Southwest China’s Guizhou province. Themed “Smart Digital…
The Rio Tinto booth is seen during the sixth China International Import Expo in Shanghai. [Photo/China Daily] China’s rapid economic growth in recent years has fostered an open and diverse environment with massive business opportunities for multinational corporations, amid further opening-up and industrial reform, a top company executive said. “Over the past few years, the…
In the sweltering depths of summer in Fenkou, in Chun’an county, Zhejiang province, while most people were still asleep, some power workers from State Grid Co had arrived in rugged terrain near Jiawu village by 5:30 am on Aug 5. Temperatures in the provincial capital Hangzhou have been soaring to over 40 C, and local…
A view of the booth of Meitu Inc during an expo in Fuzhou, Fujian province. CHINA DAILY XIAMEN – Chinese internet company Meitu reported on Wednesday that its revenue in the first half of 2024 increased by 28.6 percent year-on-year to 1.62 billion yuan ($227.5 million). During the period, Meitu recorded an adjusted net profit…
“The remote adjustment and mutual support function has commenced seamlessly, resulting in the normalization of voltage levels within this distribution transformer area,” said an operations and maintenance engineer on August 22, as the No 3 transformer area in Jiaowu village, Xinchang town, Quzhou city, East China’s Zhejiang province, and the adjacent No 3 transformer area…
The fourth Qingdao Multinationals Summit, jointly organized by the Ministry of Commerce and Shandong province, kicks off in Qingdao, Shandong province on October 11. [Photo provided to chinadaily.com.cn] JINAN – The fifth Qingdao Multinationals Summit commenced on Wednesday in Qingdao, East China’s Shandong province, drawing over 500 attendees from more than 450 multinational corporations to…
CNOOC booth at an expo held in Shanghai on June 9, 2021. [Photo/VCG] CNOOC Limited made solid progress in reserves and production growth during the first half this year, with net production up by 9.3 percent year-on-year, the company said on Wednesday. With the steady progress of technological innovation and green development, the company made…
Anta Sports, a leading sportswear firm. [Photo by Sun Chi/chinadaily.com.cn] The country’s leading sportswear producer Anta Sports Products reported a 13.8 percent year-on-year increase in revenue to 33.74 billion yuan ($4.73 billion) in the first six months of this year. According to the company’s interim report for 2024, its main brand, Anta, saw a 13.5…