Tourists gather at the downtown area of Shanghai. [WANG GANG/FOR CHINA DAILY] SHANGHAI – Top international fashion brands are launching new collections in China’s economic hub Shanghai, a vote of confidence in the country’s consumer market and a sign of the city’s influence on leading fashion trends. Over 8,000 Chinese and foreign guests gathered by…
Visitors watch a performance at a cultural street in Huzhou, East China’s Zhejiang province, on July 12, 2024. [Photo/VCG] East China’s Zhejiang province broke the 50,000 yuan ($7,020) threshold in terms of per capita disposable income for the first time during the Jan-Sept period this year, reaching 52,206 yuan to secure the third spot among…
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] BEIJING – The investment of China’s centrally administrated State-owned enterprises (SOEs) in strategic emerging industries reached 1.4 trillion yuan ($196.6 billion) in the first three quarters of the year, official data showed Tuesday. The investment during the period jumped…
View of Container Terminal Tollerort of Hamburger Hafen und Logistik AG Ports in Hamburg, Germany. [Photo/Agencies] SHANGHAI – China’s Shanghai Port and the Port of Hamburg, Germany on Tuesday jointly announced the building of a green shipping corridor between the two ports, a move aimed at promoting their green transformation, strengthening cooperation and exchange, and…
Wang Hong, Chinese president of CEIBS, delivers a welcome speech at the forum. [Photo provided to chinadaily.com.cn] The China Europe International Business School (CEIBS) has played host to the Europe Forum 2024, a gathering of influential figures from the political, diplomatic, business, and academic spheres of both China and Europe. Held on Oct 22 in both…
Launched on Oct 16, the route marks a new addition to the China-Europe freight railway lines originating from Ulaanqab, and is also the city’s first eastbound route along this line.[Photo/Chinanews.com] With regular freight train service from Qisumu International Logistics Park in Ulaanqab, Inner Mongolia autonomous region, to Moscow now in operation, experts said the new…
Technicians check out oil exploration facilities at an oilfield in Uganda. [Photo/Xinhua] The current global economic slowdown and shocks to industrial and supply chains have presented China and Africa with a crucial opportunity to scale up mutual cooperation and move it to a higher level, officials and experts said. A shift in China-Africa investment cooperation…
The 2024 North Bund Forum opens at the Grand Halls in Shanghai on Oct 22, 2024. [Photo provided to chinadaily.com.cn] The 2024 North Bund Forum, an annual gathering of the international shipping industry, began at the Grand Halls in Shanghai on Oct 22. Themed “Digital, Smart, and Green: Co-creating a New Ecosystem of Global Shipping…
A cargo ship docks at Qinzhou Port in China-ASEAN Free Trade Area in Qinzhou, Guangxi Zhuang autonomous region. [Photo/Xinhua] NANNING – In a bustling fruit processing facility in South China’s Guangxi Zhuang autonomous region, the air is sweet with the luscious aroma of mangoes. Workers diligently manage a state-of-the-art, fully automated production line, preparing to…
A view of Beijing’s CBD area on Aug 19, 2022. [Photo/VCG] China’s stronger-than-expected 4.6-percent economic expansion in the third quarter has bolstered the confidence in the world’s second-largest economy of achieving its full-year growth target, with growth momentum to further accelerate in the rest of the year, officials and analysts said. Large-scale government bond issuances…