A view of Shandong DHZ Fitness Equipment Co Ltd’s factory. LIU WEIFENG/CHINA DAILY On any given night in a modest office in Ningjin, a small county in China’s Dezhou, Shandong province, a man in a simple blue t-shirt pours himself tea, places his smartphone on a stand and starts talking to thousands of gym owners, investors…
[Photo/VCG] As Hong Kong’s Stablecoins Ordinance will take effect on Friday, the Hong Kong Monetary Authority issued detailed regulatory guidelines for stablecoin issuers on Tuesday, emphasizing that it will adopt a cautious approach during the early stages of the virtual currency sector’s development, and consider easing requirements over time based on market experience. To streamline…
Shanghai ranked first nationwide in the comprehensive night economy index by recording an average of 4.03 million nighttime trips in 2024, according to a latest report. Published by Shanghai Yicai Media Group on Saturday, the report states that Shanghai’s nighttime lighting covered 75 percent of the city’s area, while over 264,900 late-night film screenings were…
If the fitness equipment industry were a big exam, Ningjin, a small county in Shandong’s Dezhou would be the top scorer, rising from humble beginnings. As China’s largest manufacturing base for commercial fitness gear, it supplies 70 percent of the domestic market and exports to over 170 countries and regions worldwide. How did this small…
Tourists enjoy rafting amid mountain scenery on the Maoyan River in Zhangjiajie, Hunan province. WU YONGBING/FOR CHINA DAILY As summer heat arrives, the popularity of drifting along waterways in an attempt to keep cool continues to rise across the country, helping propel the event from a singular water entertainment activity to one of the premier choices…
Paddleboarding enthusiasts make the most of nice weather to visit Liangma River in Beijing on July 20. CHEN XIAOGEN/FOR CHINA DAILY Urbanites are turning to outdoor water-related activities for relief this summer. In Beijing, paddleboarding on Liangma River has quickly emerged as one of the most popular ways to cool off, stay fit and socialize. Among…
Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing, China. [Photo/Agencies] As markets await China to unveil its economic policy roadmap for the second half, economists and policy advisers have renewed calls for ramping up fiscal stimulus measures to address persistent challenges in the property sector and local government…
During the 14th Five-Year Plan period (2021-25), China’s tax system has opened wider to the world, actively drawing in foreign investment while helping domestic enterprises expand their global footprint, official data showed. According to data released by the State Taxation Administration on Monday, the number of foreign-invested business entities with tax obligations in China increased…
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 — China has allocated 69 billion yuan (about $9.66 billion) in its third batch of ultra-long special treasury bond funds to support the country’s consumer goods trade-in program,…
Eyeing China’s booming low-altitude mobility sector, a number of companies unveiled their latest cutting-edge products and solutions at the first International Advanced Air Mobility Expo, which concluded recently in Shanghai. Click the video and check out some of the highlights. Tanks to chinadaily.com.cn Please visit: Our Sponsor