A view of the financial center of Shanghai’s Pudong New Area. WANG GANG/FOR CHINA DAILY BEIJING – China will replicate 77 pilot measures from the China (Shanghai) Pilot Free Trade Zone (FTZ) in other FTZs and across the country, among efforts to align with high-standard international economic and trade rules and advance high-level institutional opening-up,…
Jason Ding China’s economy is expected to gain momentum and meet its annual growth target of around 5 percent this year, buoyed by stimulus policy measures and technological innovation, said Jason Ding, managing partner of consultancy Bain & Co Greater China. The key drivers of China’s economic growth come from its large-scale manufacturing, green transition,…
Lujiazui, Shanghai’s financial center, forms a perfect backdrop to Shanghai’s Bund. [Wang Gang/For China Daily] China ranks fourth in terms of its global financial competitiveness this year, following the United States, United Kingdom and Japan, with China’s rank one place higher than last year, according to a new report released at the Digital Finance Forum…
Chen Deqiu Underpinned by resilient domestic demand, emerging technological drivers, and a deepening commitment to institutional opening-up, China remains on track to achieving the around 5 percent growth target for this year, a renowned economist said. “Looking ahead to the full year, I believe that China has the confidence and capacity to meet the around…
China will take countermeasures to safeguard its interests and firmly oppose any attempt to reach a trade deal that harms China’s interests, the Ministry of Commerce said on Thursday. He Yongqian, a spokeswoman for the ministry, made the remarks at a news conference, responding to questions about the trade deal the United States reached with…
Employees from State-owned China Railway Construction Corp’s 24th bureau operate a drone to conduct on-site construction checks in Shanghai. CHINA DAILY The Yangtze River Delta railway network reported a record 455 million passenger trips in the first half, with a daily average of 2.51 million travelers — a 4.6 percent year-on-year increase. China Railway Shanghai…
The Experimental Advanced Superconducting Tokamak (EAST) developed by the Hefei Institutes of Physical Science of CAS in Hefei, Anhui province, Jan 15, 2025. [Photo/Xinhua] HEFEI — Residents of Hefei say the city has two suns — one suspends in the sky and the other lies in an industrial park in the city’s suburb. Hefei, capital…
An AI pianist performs at a shopping mall in Shanghai on June 29. [Photo/VCG] BEIJING — China’s State Administration for Market Regulation on Wednesday said that it has released a series of national standards for emerging industries such as artificial intelligence (AI). Seven national standards have been released — covering AI, information technology and the…
China may step up efforts to explore offshore renminbi-based stablecoins as recent legislation in China’s Hong Kong may provide a legal foundation for such innovations, currency experts said, calling it a move that can enhance the country’s role in shaping the evolving global monetary system in the digital era. A stablecoin is a form of…
Batteries are often called the “heart” of new energy vehicles. But how exactly does this “heart” start beating? Today, China Daily takes you inside a special factory in Hefei, Anhui province, where humble little battery cells are transformed from scattered individuals into a united, high-performing honor “class”. Tanks to chinadaily.com.cn Please visit: Our Sponsor