Chinese shares surged on Thursday, with the benchmark Shanghai Composite Index up 3.61 percent, closing at 3,000.95. The Shenzhen Component Index rose 4.44 percent, closing at 8,916.65. The ChiNext Index, China’s NASDAQ-style board of growth enterprises, surged 4.42 percent to 1,714.14 points. Tanks to chinadaily.com.cn Please visit: Our Sponsor
A journalist takes a photo while riding in an autonomous vehicle in Chongqing in October. [Photo/Xinhua] Self-driving vehicles are navigating from science fiction movies to the streets of large Chinese cities, overcoming obstacles and uncertainty as they enter everyday use. The fast-evolving technology first made headlines in China almost a decade ago. In 2015, Swedish…
Dominic McAllister, Consul-General of the British Consulate-General in Wuhan, offered a glowing endorsement of Henan as a worthy travel destination at the 2024 Cooperation and Exchange Conference between Henan Province and Multinational Corporations, which is being held in Zhengzhou, Henan province, from Sept 24 to 26. Having explored various cities and sites in Henan, he…
Visitors inspect the Aito M9 at the Chengdu auto show in late August. The SUV is available in range-extended and pure electric variants. CAO YINGYING/CHINA DAILY Sales of range-extended electric vehicles are growing much faster than pure electric ones, prompting more automakers to focus on developing such models. REEVs feature an electric powertrain for propulsion and…
Duolingo, a United States-based language-learning platform, is intensifying efforts to expand its presence in China by launching specialized updates on courses aimed at Chinese users who want to learn new languages while seeking opportunities for international study and career development. Xiang Haina, marketing director of Duolingo Asia-Pacific, said that currently, China is one of the…
A view of a model of the Defender 130 by British premium carmaker Jaguar Land Rover. [PHOTO/CHINA DAILY] Gasoline vehicle manufacturers are improving their after-sales service to retain customers amid fierce competition in the Chinese vehicle market, according to a J.D. Power study. The J.D. Power 2024 China Customer Service Index Study, released on Thursday,…
Employees from various businesses work at a workspace operated by Switzerland-based International Workplace Group in Shanghai in August. [Photo/China Daily] International Workplace Group, a Switzerland-based provider of hybrid working solutions, will expand its service network to more than 2,000 locations across China over the next decade, said a senior executive. Currently operating over 130 workspace…
Michael Peng, general manager of Ineos Automotive China, explains the British company’s China business plan in Beijing on Sept 25, 2024. [Photo by Li Fusheng/chinadaily.com.cn] Ineos Automotive launched its off-roader, the Grenadier, on Wednesday in Beijing, marking the British carmaker’s foray into the world’s largest vehicle market. The model, available in three variants, is priced…
CAI MENG/CHINA DAILY To assess whether we can reach the annual economic growth target, we first need a reasonable analytical framework. Using the simplest expenditure method to analyze the possibility of achieving around 5 percent GDP growth in 2024, we must consider the three main components of economic growth: final consumption, capital formation, and net…
Chinese tourists prepare to board a boat for their trip from Serangan Island to Lombok Island in Denpasar, on Indonesia resort island of Bali, Jan 25, 2023. [Photo/VCG] In early March, my college classmate, who now works at a foreign trade company in Cixi, Zhejiang province, booked a two-night stay at a hotel in Singapore…