The Inner Street Culture Creative Park is bustling with activity during the night market in Qingxiu district, Nanning, Guangxi Zhuang autonomous region, on April 16, 2024. [Photo/CFP] China should further bolster its economy by stepping up fiscal and monetary policy support, including raising the budget deficit and effecting more cuts in the reserve requirement ratio…
A taxi driver tries out a Chinese-branded EV in Mombasa, Kenya, Aug 16, 2024. [Photo/Xinhua] In 2013, when I worked in Addis Ababa, Ethiopia, in the run-up to the launch of China Daily’s African edition, a local auto dealer told me that unlike in China, where cars are purely consumer products, Ethiopians treat them as…
A taxi driver tries out a Chinese-branded EV in Mombasa, Kenya, Aug 16, 2024. [Photo/Xinhua] Chinese and African business leaders will gather in Beijing next week to explore new avenues for deepening China-Africa industrial cooperation, paving the way for African countries to accelerate their integration into global industry and supply chains, said China’s top foreign…
Employees work on a display unit production facility in Guiyang, Guizhou province, in February. QU HONGLUN/CHINA NEWS SERVICE Despite continuous growth in China’s home appliance exports this year, the country must remain clearheaded in the face of a complex and volatile international trade environment, experts said. “Thanks to a rebound in international demand and inventory…
Cars that are part of a vehicle trade-in program are on display at an auto expo in Yantai, Shandong province. [TANG KE/FOR CHINA DAILY] China’s new round of vehicle trade-in program, initiated recently, is part of the country’s efforts to further catalyze the consumption of big-ticket items and boost economic growth in the second half,…
A clerk counts yuan bank notes and US dollar bills at a branch of the Industrial and Commercial Bank of China in Huaibei, East China’s Anhui province. [Photo/IC] BEIJING – For some time, certain critics have fixated on the isolated statistic of a “decline in foreign direct investment (FDI)” to undermine confidence in the Chinese…
A drone photo shows wetlands in Sanjiangyuan area, Northwest China’s Qinghai province, July 23, 2024. [Photo/Xinhua] BEIJING – China has reduced CO2 emission by 3 billion tons over the past decade in an effort to promote green consumption, a white paper said Thursday. China’s energy savings in the recent ten years have been equivalent to…
A train driver prepares for departure at Idu Railway Station, the starting point of the Abuja-Kaduna Railway in Abuja, the capital of Nigeria, on Sept 18. The 186.5-kilometer-long Abuja-Kaduna Railway, which was built by the China Civil Engineering Construction Corp, is the first modern railway in Nigeria. DONG JIANGHUI/XINHUA China will take further steps including…
People savor mushroom hotpot at a restaurant in Wenshan Zhuang and Miao autonomous prefecture, Yunnan province, in July. [Photo/Xinhua] China’s catering sector has witnessed fierce competition over the past few years, especially in the niche hotpot segment, with local hotpot businesses adopting a string of strategies of late to better attract customers. These include lowering…
Consumers dine at a Loquat Garden hotpot restaurant in Southwest China’s Chongqing in February. CUI JINGYIN/FOR CHINA DAILY If you walk along stunning mountain trails, taking in deep breaths of fresh air, but are not exactly on a vacation, then chances are that you are heading to the world’s largest hotpot (huo guo) restaurant. Located in…