An aerial view of Xiamen’s coastline on March 25, 2025. [Photo/VCG] Xiamen, a city of Fujian province on China’s southeastern coast, is committed to developing itself into a regional financial center, the city’s senior official has said. A meeting with financial institutions, held in Beijing on Saturday, heard that the city is accelerating efforts to…
A staff member (right) introduces the household appliances trade-in program to people in a Suning store in Jiaxing, Zhejiang province, on June 2. JIN PENG/FOR CHINA DAILY BEIJING — Though lesser-known globally, China’s provincial-level economic powerhouses, including Guangdong, Jiangsu, Shandong and Zhejiang, wield influence rivaling the world’s top 20 economies. The country’s top 10 economic giants,…
CAI MENG/CHINA DAILY This year, China’s economy continues to demonstrate strong inertia and resilience in maintaining stable growth and quality enhancement. Amid internal and external pressures, China’s macroeconomic policies have been characterized by proactive and well-targeted measures to bolster domestic demand, industrial upgrading and structural optimization, propelling the economy toward higher-quality and more sustainable growth.…
On Thursday, foreign guests attending the Summer Davos took a boat tour along the Haihe River in Tianjin. [Photo by Lu Ruotong/for China Daily] Guests from around the world were invited to explore Tianjin through six curated designed routes to learn about the city’s history, culture and innovative development on Thursday, the final day of…
Staff members work at the precision engineering base of Chongqing Shunduoli Motor-vehicle Co Ltd in Beibei district of Chongqing, Southwest China, May 9, 2025. [Photo/Xinhua] BEIJING — The number of China’s private sector entities reached 185 million by the end of May, increasing 2.3 percent year-on-year, official data showed Friday. The private sector, including private…
AI digital employees are defined as the fourth employment model, representing a new form of practice of new quality productive forces, said Hu Wei, founder and CEO of Shenzhen Talent Today Information Technology Co Ltd, during the Vibrant China research and visit tour. With the help of the Huawei platform, Shenzhen, as a window to…
China is expected to enhance the multi-tier financial services system to support consumption, by better coordinating financial resources and guiding financial institutions to enhance services from both the supply and demand sides, according to experts. Such efforts are aimed at meeting the diverse financing needs of both consumers and business entities, thereby expanding the supply…
The Shanghai Gold Exchange has made a strategic move to bolster the Chinese mainland’s role in the global bullion trade by launching two new gold contracts and opening an offshore certified bullion vault in Hong Kong. According to the SGE announcement on Thursday, the move aims to better open up the gold market, diversify the…
China’s total nonfinancial outbound direct investment rose 2.3 percent year-on-year to $61.6 billion in the first five months, underscoring the nation’s sustained efforts to deepen international cooperation, said the Ministry of Commerce on Thursday. In the meantime, the country’s nonfinancial ODI in countries and regions involved in the Belt and Road Initiative reached $15.52 billion,…
A container ship leaves Qingdao Port, Shandong province. [YU FANGPING/FOR CHINA DAILY] China firmly opposes any country entering into trade agreements with the United States that undermine Chinese interests in exchange for so-called tariff relief, the Ministry of Commerce said over the weekend. If such a situation arises, China will not accept it and will…