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 — China’s foreign exchange market recorded active trading during the first nine months of this year, demonstrating strong resilience with market expectations and transactions remaining generally…
A Chinese NEV attracts visitors during an auto expo in Paris, France. [Photo/Xinhua] China and the European Union reaffirmed their political will to resolve differences through dialogue over the EU’s anti-subsidy case involving Chinese electric vehicles, said the Ministry of Commerce on Friday. During his video meeting with Valdis Dombrovskis, executive vice-president of the European…
The new rules on the Farm Sustainability Data Network (FSDN) were adopted by the Commission today, marking a significant step towards improved analysis to support… Read More »Improved collection of data on sustainability thanks to the new Farm Sustainability Data Network
Currencies of different countries. [Photo/Sipa] BEIJING – China’s commercial banks saw a forex settlement deficit of $121.3 billion in the first three quarters of this year, official data showed Tuesday. Since the beginning of this year, China’s cross-border capital flows have been moving toward an equilibrium, said Li Hongyan, deputy head of the State Administration…
A Chinese clerk counts renminbi yuan banknotes in Nantong, East China’s Jiangsu province. [Photo/IC] BEIJING – China’s central bank on Friday conducted a 700-billion-yuan ($98.5 billion) medium-term lending facility (MLF) operation to maintain reasonable and ample liquidity in the banking system. The MLF operation has a one-year maturity with an interest rate of 2 percent,…
A Mastercard cardholder passes through the gate at the Daxing Airport subway station in Beijing. [CHINA DAILY] According to Mastercard’s 2024 Travel Trends report, global tourism is booming. Nine out of the past 10 record-setting spending days in the global cruise and airline industries occurred this year, and the Mastercard Economics Institute anticipates the trend…
An employee from the second drilling unit of CNPC Greatwall Drilling Co works on a drilling site in the Gulong shale oil formation in Daqing, Heilongjiang province, in late September.[CHINA DAILY] The second drilling unit of CNPC Greatwall Drilling Co completed a drilling task in the Gulong shale oil formation in Daqing, Heilongjiang province, in…
Apple CEO Tim Cook addresses the media next to the company’s new Vision Pro augmented reality headset at the Apple Park campus in Cupertino, California. [Photo/Agencies] BEIJING – Apple CEO Tim Cook pledged on Friday to continue to increase investment in China in areas such as supply chain and research and development. Cook made the…
Participants in the BRICS Excellence Training Program on Artificial Intelligence Technology and Governance visit the robot section of the 2024 BRICS New Industrial Revolution Exhibition in Xiamen, Fujian province, in September. [Photo provided to China Daily] When Dipuo Mazibuko embarked on her first overseas travel in September, it was to China. She took a close…
A prospective homebuyer looks at a property model during an expo in Shenzhen, Guangdong province. [CHINA DAILY] The residential property market in Shenzhen, Guangdong province has recovered continuously following the easing of restrictions since late September. In fact, a second new residential project was sold out within a day, after the policy was introduced. A…