Employees of an engineering machinery manufacturer in Shandong province work on the company’s production line of loaders. [Photo/Xinhua] BEIJING — China has removed all market access restrictions for foreign investors in the manufacturing sector, a landmark move made by the world’s second-largest economy as it opens its doors wider. The new edition of the national…
A SAIC model is driven into a cargo ship headed to Europe. [Photo provided to chinadaily.com.cn] China has consistently supported and encouraged mutually beneficial economic and trade cooperation between the Chinese and European automotive industries, said the Ministry of Commerce on Thursday. Speaking at a weekly briefing in Beijing, He Yadong, the spokesman for the…
AI-empowered smart governance should incorporate inclusiveness, equality and diversity while enhancing multilateral cooperation, experts said at a recent forum in Beijing. Smart governance in the new era should be human-centered, integrating technical rationality and value rationality to satisfy the multi-agent, diversified and multi-layered demands from the many levels of social interests, said Zhu Xinkai, vice-president…
A seller from India demonstrates specialty masala chai during an expo in Shenzhen, Guangdong province, in May. [Photo/Xinhua] BEIJING — The 16th BRICS Summit that took place last week in Kazan, Russia, marks a new step in the development of the BRICS cooperation mechanism. Initially a roadmap for major emerging markets with considerable economic potential,…
A Chinese high-speed train driver (center) instructs his Indonesian counterpart (right) inside the driving cabin of a high-speed train in Bandung, Indonesia, in September. [Photo/Xinhua] JAKARTA — Indonesia on Oct 17 held a grand celebration on the anniversary of the Jakarta-Bandung High-Speed Railway, a landmark project as Southeast Asia’s first high-speed rail. With a speed…
A view of China Merchants Bank’s booth during a recent expo in Beijing. [CHINA DAILY] China’s recent introduction of a forceful policy package, which includes support for local governments to resolve debt risks and efforts to stabilize the real estate market, will help mitigate financial risks in the banking sector and steer the economy toward…
Share – WeChat This photo taken on Oct 31, 2024 shows a model of the Bluewhale I drilling platform at the 2024 China Marine Economy Expo (CMEE) in Shenzhen, South China’s Guangdong province. The 2024 CMEE kicked off in Shenzhen on Thursday, comprehensively showcasing China’s marine economic development, and scientific and technological innovation. [Photo/Xinhua] Tanks…
A worker counts Chinese currency renminbi at a bank in Linyi, East China’s Shandong province. [Photo/Xinhua] China’s exchange-traded fund, or ETF, market is undergoing rapid growth with booming product innovation and diversification, and this is a multi-year trend that will present significant opportunities for global ETF managers and service providers, according to New York-based global…
China’s ongoing progress in market openness, product innovation and business model transformation will secure its position as a strategic priority for multinational corporations, creating long-term financial returns, said market watchers and corporate executives on Thursday. According to a report released on Thursday by the China Council for the Promotion of International Trade, about 90 percent…
Employees work on a production line of baseball-related products at a Taiwan-funded company in Longyan, Fujian province. ZHANG BIN/CHINA NEWS SERVICE East China’s Fujian province is moving to deepen financial cooperation with Taiwan province by introducing a string of measures to better facilitate two-way financial activity and make it easier for Taiwan residents and companies to…