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Beijing, London financial districts move to strengthen ties

A roundtable aimed at strengthening ties between Beijing’s Xicheng district and the City of London was held in the UK capital on Tuesday. Both areas share a heritage of being the historical centers of their respective capitals and are renowned for their financial sectors. Beijing and London have maintained a formal friendship for more than…

Laixi marks headway in general aviation

Students of Qingdao Vocational College of Aeronautical Science and Technology learn how to operate drones. XINHUA Laixi, a county-level city administered by Qingdao in Shandong province, is positioning itself as a key hub for China’s burgeoning general aviation sector, as the country accelerates development of its low-altitude economy. The city has in recent years built…

Global resource firm reports 2025 growth, deepens strategic partnership with China

China remains a cornerstone of ERG’s global strategy, with the country playing a critical role in the group’s operations. [Photo provided to chinadaily.com.cn] Eurasian Resources Group — a global player in the natural resources sector — unveiled its preliminary results for 2025, showcasing remarkable strides in efficiency and profitability, with strategic initiatives that have not…

Online lit booking solid revenue abroad

With vast readership numbers and a unique presentation format, Chinese online literature is becoming the new darling of global readers. Data from the China Writers Association showed that in 2025, there were approximately 200 million active overseas users of Chinese online literature, covering over 200 countries and regions around the world, with a market volume…

Tech firm tops A-share rankings as China’s market shifts toward innovation-led growth

A high-tech company overtook a traditional blue-chip on Friday to become the most expensive stock in China’s A-share market, underscoring a broader market shift toward innovation-driven growth. Shares of Yuanjie Semiconductor Technology Co Ltd hit a record high of 1,439 yuan on Friday morning before closing at 1,403.08 yuan by midday, surpassing Kweichow Moutai, which…

NDRC plans to unlock China’s untapped market potential

With the boosting of domestic demand a key priority during the 15th Five-Year Plan (2026-30) period, China will formulate and release an implementation plan to aid in accomplishing that goal, Wang Changlin, deputy head of the National Development and Reform Commission, said on Friday. “China’s advantages as a super-sized market have not been fully leveraged,…

Cosmetics firms investing in R&D

A staff member shares information about cosmetic products to visitors at the sixth China International Consumer Products Expo in Haikou, capital of South China’s Hainan province, on April 16, 2026. [Photo/VCG] At a cosmetics booth inside the ongoing China International Consumer Products Expo in Haikou, capital of South China’s Hainan province, a visitor trying on…

Steel sector to push for higher-level supply, demand balance

An employee dispatches hot-rolled steel coils at a hot rolling mill in Ma’anshan, Anhui province, on Feb 28. ZHANG MINGWEI/FOR CHINA DAILY China will step up efforts to address the “involution-style” competition in its steel sector by implementing strict controls on crude steel output, exploring new mechanisms for capacity governance and promoting coordinated efforts among…

Coca-Cola China donates over 500k yuan to expand rural water initiative

The first unit made possible through collective consumer action is now in use at a rural school in Jiangxi province. [Photo provided to chinadaily.com.cn] Coca-Cola China has announced the donation of 15 water purification units, worth more than 500,000 yuan ($73,265) in 2026, expanding a long-running program aimed at improving access to safe drinking water…

AI-enabled pharmaceutical R&D market growing quickly

Staff members collect experimental data at an AI robotics lab in Zhangjiang Science City, formerly known as Zhangjiang Hi-tech Park, in Shanghai’s Pudong New Area on March 26, 2025. CHINA DAILY Artificial intelligence has drawn billions of dollars in global investment as pharmaceutical giants race to accelerate new drug development, yet the AI drug discovery…