South China’s Guangdong province is implementing a more proactive opening-up strategy and deepening the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, said its governor, Wang Weizhong. He stated that the global production base is also actively stabilizing its foreign trade and investment and accelerating the construction of a new open economy system at a…
A robot attracts delegates during the Shanghai Global Investment Promotion Conference 2025 held on Tuesday. CHINA DAILY Several enterprises have vowed to invest in Shanghai as the city pledges to improve government efficiency and facilitate technology innovation. Their investment commitments came during the Shanghai Global Investment Promotion Conference 2025 held on Tuesday, which also marked…
Pakistan’s Minister for Finance and Revenue Muhammad Aurangzeb on Wednesday expressed the hope that Pakistan could issue yuan-denominated “panda bonds” this year to further integrate its capital markets with China’s, a move underscoring China’s pivotal role in the country’s digital transformation. Describing Pakistan and China as ironclad friends and strategic partners, Aurangzeb expressed gratitude for…
A robot attracts delegates during the Shanghai Global Investment Promotion Conference 2025 held on Tuesday. CHINA DAILY Several enterprises have vowed to invest in Shanghai amid continued efforts by the city to improve government efficiency and facilitate technology innovation. Their investment commitments came during the Shanghai Global Investment Promotion Conference 2025 held on Tuesday, which…
Free trade ports can drive connectivity and opening-up forward especially in a changing world where geopolitical shifts, poverty and even supply chain disruptions prevail, as emphasized by guests and experts participating in the Free Trade Port Development session on Tuesday under the 2025 Boao Forum for Asia. Ban Ki-moon, chairman of Boao Forum for Asia,…
China Development Bank has recently disbursed a dedicated loan of $76.5 million to bolster the growth of small and medium-sized enterprises across Africa, the bank said in a news release on Wednesday. The loan, which is provided to the National Bank of Egypt, will provide financial support to 94 SMEs operating in 8 sectors, including…
“There are many areas where China can be a leader,” said Ian Goldin, professor at the University of Oxford, to China Daily Website at the China Development Forum on Monday.He noted that China still has significant room for economic growth, with an increasing number of positive market factors and a steady rise in investment. Goldin…
Wu Xiaoqiu, Huang Qifan and Peng Sen (from left to right) at a high-level dialogue on China’s reform and economic prospects during the ongoing Boao Forum for Asia Annual Conference 2025. FENG YONGBIN/CHINA DAILY China’s economy is showing clear signs of steady recovery with a sound showing in the first two months, and is back…
BEIJING – China’s fiscal revenue dipped 1.6 percent year-on-year to nearly 4.39 trillion yuan ($611.59 billion) in the first two months of the year, according to data from the Ministry of Finance released on Monday. The central government collected nearly 1.95 trillion yuan in fiscal revenue, down 5.8 percent year-on-year, while local governments collected nearly…
High-rises dominate the skyline on both sides of the Huangpu River in Shanghai. [Photo by Gao Erqiang/China Daily] A total of 21 new projects were secured during the Shanghai Global Investment Promotion Conference 2025 held on Tuesday, marking the beginning of the week-long “Invest in Shanghai” series of business soliciting activities. The new projects covered…