Guangdong province held a matchmaking event with central State-owned enterprises in Beijing on Wednesday to deepen high-level cooperation and jointly build the Guangdong-Hong Kong-Macao Greater Bay Area. The three-day event, consisting of one themed matchmaking session and several local industrial matchmaking activities, aimed to promote the continuous strategic presence and development of central SOEs in…
Shoppers visit JD Mall’s Shanghai Qibao outlet during events marking its one-month anniversary in July. CHINA DAILY More than 8,400 brands have chosen Shanghai as the location for their first stores, and while the reasons behind each decision may vary, they all point to a shared recognition: the city’s powerful appeal to brands from around…
The United States Department of Defense has recently blacklisted some Chinese research institutions, a step that, contrary to safeguarding national security as Washington claims, would instead hamper scientific exchanges between the world’s two largest economies and undermine global innovation, officials and experts said on Wednesday. “Washington has continuously overstretched the concept of national security, erected…
China’s industrial strength, coupled with its deepening market openness and technological advantages, will generate concrete opportunities for businesses worldwide and offer a robust counter to groundless Western portrayals of the nation’s industrial capacity as “China Shock 2.0”, experts and executives said. Their comments came amid a growing trend of certain economies, anxious about their own…
China’s central bank has launched a national data catalogue to accelerate data development and utilization in technology finance, as part of stepped-up efforts to strengthen data sharing and integration to better support innovation-driven growth. According to a statement released by the People’s Bank of China on Wednesday, the PBOC, together with eight other authorities, had…
The Hongqiao International Central Legal-Services District in Shanghai’s Minhang district. [Photo provided to chinadaily.com.cn] Shanghai’s Minhang district is leveraging its northern and southern zones to construct a dual-engine development model, aiming to enhance international, digital, and comprehensive legal services for foreign-related matters. All these efforts are intended to bolster the district’s legal infrastructure, laying a…
BEIJING – China aims to reduce carbon dioxide emissions per unit of GDP by 17 percent by 2030 from 2025 levels, according to a national climate change plan made public on Wednesday. The plan, jointly issued by multiple government departments including the Ministry of Ecology and Environment, the Ministry of Foreign Affairs and the National…
China is very dissatisfied with and firmly opposes the US Department of Defense’s recent update to its “list of foreign institutions engaging in problematic activities”, the Ministry of Commerce said on Wednesday. The comments came after the Pentagon added some Chinese research institutions — including Fudan University, Shanghai Jiao Tong University and the Aerospace Information…
A sheet of copper foil just five microns thick may look insignificant, but it plays a crucial role inside the batteries powering new energy vehicles. Thinner than a human hair and about one twenty-first the thickness of a sheet of A4 paper, the ultra-thin copper foil helps improve battery energy density, extend driving range and…
BEIJING — China’s Ministry of Finance on Wednesday said that it will issue this year’s fourth batch of renminbi-denominated treasury bonds in the Hong Kong Special Administrative Region on August 5. The scale of the bonds will be 15 billion yuan (about $2.2 billion), according to a statement released by the ministry. Specific issuance arrangements…