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‘Golden Week’ for sports lovers in China

Spectators watch the 2024 World Table Tennis China Smash in Beijing on Oct 3. ZHANG CHENLIN/XINHUA BEIJING — While the Forbidden City and Great Wall remain Beijing’s iconic attractions, the capital’s National Tennis Center and Shougang Park emerged as new hotspots for sports fans during China’s weeklong National Day holiday, also known as “Golden Week”, which…

New professions emerge amid Northwest China’s desert travel boom

A cup of meteor shower coffee crafted by barista Li Qian at a hotel in Zhongwei, Ningxia Hui autonomous region. [Photo/Xinhua] YINCHUAN — Sleeping in hotels under starry skies and sipping piping hot coffee have become tourism trends in the desert of Northwest China’s Ningxia Hui autonomous region, contributing to a growing number of travelers…

Growth target within reach on policy effort

An employee works on a heavy machinery production line in Luoyang, Henan province, on Tuesday. [ZHANG YIXI/FOR CHINA DAILY] With a potent set of new policies being implemented on various fronts, China is on course to achieve its full-year economic growth target of around 5 percent, signaling the resilience of the country’s economy despite challenges…

Renminbi on track for stability against USD

The renminbi is still on track for overall stability with two-way fluctuations against the US dollar in the months ahead, and with limited risks of one-sided and substantial appreciation, said a leading currency expert. After the Fed’s rate cut and China’s stimulus package fueled a rally in renminbi-denominated assets, with the offshore renminbi strengthening past…

New monetary tool to support capital market

China’s first capital market-targeted monetary tool officially launched on Thursday. Together with the recently introduced economic stimulus policies and more of the kind in the pipeline, such moves will help to further improve market liquidity while boosting investors’ confidence, which is conducive to the market stabilization in the long run, said experts. Their comments were…

Hongqi gifted to China’s athletes for Olympic success

Liu Changqing, assistant to the general manager of FAW Group and vice-president of the Hongqi brand operations committee, and gymnast Liu Yang. [Photo provided to chinadaily.com.cn] Chinese vehicle brand Hongqi delivered EH7 Glory Edition sedans to Olympic athlete representatives on Wednesday in Beijing, showcasing national pride shared by the brand and athletes. Chinese gold medalists…

Meeting held to promote global cross-border e-commerce

Livestreaming hosts promote sales at the 2023 China International Fair for Trade in Services in Beijing. [WANG JING/CHINA DAILY] GUANGZHOU – About 1,500 guests shared their views on fostering global cross-border e-commerce at the Global Cross-border E-commerce Annual Meeting (Zhuhai-Hengqin) 2024 on Tuesday in Zhuhai, South China’s Guangdong province. “As an innovator in trade models,…

Shanghai gets ready for 4th ESG Global Leaders Conference

The fourth edition of the ESG Global Leaders Conference will take place in at The Bund City Hall Plaza in Shanghai’s Huangpu district from Oct 16 to 18. [Photo provided to chinadaily.com.cn] Hundreds of leaders from across the world are set to gather in Shanghai to explore a greener and more sustainable future at the…

China issues draft law to foster a healthier private economy

An employee works on the assembly line of a tractor manufacturer in Weifang, Shandong province. LI ZIHENG/XINHUA China is taking a key step toward fostering the healthy development of the private sector with the draft private economy promotion law made public on Thursday to solicit public opinions.Released by the Ministry of Justice and the National…