The projects, with a total investment of 147.1 billion yuan ($20.72 billion), are expected to generate an output value of 129.6 billion yuan in the following years. [Photo provided to chinadaily.com.cn] Huangpu district in Guangzhou, Guangdong province, has commenced construction on 117 projects following the signing of 35 additional contracts on Friday. The projects, with…
A visitor poses for photos at the Harbin Ice-Snow World in Harbin, Northeast China’s Heilongjiang province, Jan 5, 2025. [Photo/Xinhua] HARBIN — Located in China’s northernmost province of Heilongjiang, Harbin Ice-Snow World, a breathtaking ice-themed park known for its dazzling ice sculptures, is now one of China’s hottest tourist destinations. During the eight-day-long Spring Festival…
An employee works on a PV panel production line in Huzhou, Zhejiang province, in December.[WANG SHUCHENG/FOR CHINA DAILY] Further efforts are expected to improve mutual recognition of certificates regarding proof of green energy use between China and Europe to support economic and trade exchanges, as more economies are implementing carbon pricing mechanisms for imported goods,…
BEIJING – In China, there is a saying that goes “A year’s success starts in spring.” In line with this adage, many local authorities held their first meetings of the Year of the Snake on the very first working day following the Chinese New Year celebrations. These meetings have provided insights into local authorities’ economic…
[Photo/VCG] BEIJING – China saw a growing number of qualified fund sales agencies to cater to the wealth management demands of clients participating in the country’s private pension scheme. There were 52 funds sales institutions for private pension as of the end of 2024, up from 37 in 2022, said the Asset Management Association of…
Chinese A shares posted a strong rally for the second consecutive session on Friday, boding well for a sustained market uptrend as investors re-evaluate Chinese stocks after advances in the country’s artificial intelligence models surprised the market, analysts said. The rise of DeepSeek, a Chinese private AI startup, not only reconfirmed China’s capability to innovate…
Local residents in Wuhu, Anhui province, enjoy their New Year’s eve dinner in a restaurant on Jan 28. [Photo/Xinhua] Consumers showed strong spending power during the Spring Festival holiday this year, boosting the steady growth of the country’s overall consumption market in the first quarter, official data showed. Over the holiday period, sales of key…
The Guangdong Provincial Development and Reform Commission recently established a bureau dedicated to the private economy. Ai Xuefeng, director of the commission, announced the addition at a news conference about building a modern industry system, which was held in Guangzhou, Guangdong province on Wednesday. Authorities would fully support the development of all enterprises, including private…
Shanghai’s Pudong New Area unveiled a series of initiatives aimed at elevating the district’s business environment and spurring economic growth at the 2025 Pioneer Area Investment and Development Promotion & Business Environment Enhancement Conference held on Feb 6. Themed “Shape a Future of Mutual Success in Pudong,” the conference revealed Pudong’s plan to surpass Shanghai’s…
Strongly opposing the United States’ new tariff decision on Chinese goods, the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) called on the US side to halt unilateral measures and pursue dialogue to de-escalate trade tensions. The tariff hike is a violation of World Trade Organization rules, which not…