A clerk counts cash at a bank in Haian, East China’s Jiangsu province, on June 24, 2020. [Photo/Sipa] Strengthening budget management and intensifying accountability for any deviations will be key to addressing risks associated with China’s local government hidden debt, said a senior expert of public finance. Optimizing the management of government budgets and bringing…
The sustainable aviation fuel is mainly made from waste animals and vegetable fats, oil material, used edible oils, urban house refuse, as well as agricultural and forestry waste. [Photo provided to chinadaily.com.cn] With 129 passengers onboard, China’s first self-developed narrow-body jet C919 conducted its first commercial flight powered by sustainable aviation fuel (SAF) from Beijing…
Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing, China. [Photo/Agencies] China has further optimized the regulation of financial leasing companies to prevent financial risks, improve financial services, and promote high-quality development of the industry. According to a newly revised regulation that will officially take effect on Nov 11,…
Participants in a tug of war at this year’s Lululemon Summer Sweat Games in Beijing in August. [Photo provided to CHINA DAILY] This summer, a team of six people from Shanghai, including professional trainers and office workers, participated in a nationwide fitness race, as community sports enthusiasts in China tuned in with the spirit of…
Visitors experience VR gaming devices during the 2024 China International Fair for Trade in Services (CIFTIS) in the Cultural & Tourism Service thematic exhibition area at the Shougang Park in Beijing, Sept 16, 2024. [Photo/Xinhua] Generative artificial intelligence is set to play a pivotal role in driving China’s industrial revolution and injecting fresh impetus into…
[Photo/VCG] Chinese authorities proposed on Thursday stricter technical standards for electric bicycles, with the top designed speed of e-bikes capped at 25 kilometers per hour, to enhance safety and better regulate the country’s rapidly growing e-bike sector. The new standards, proposed by the Ministry of Industry and Information Technology and several other ministries, are part…
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Visitors gather at Apsara Conference, Alibaba Cloud’s annual flagship event, in Hangzhou, Zhejiang province, on Thursday. LONG WEI/FOR CHINA DAILY Alibaba Cloud, the cloud computing unit of Chinese tech heavyweight Alibaba Group Holding Ltd, on Thursday unveiled the latest version of its artificial intelligence-powered large language models, Qwen 2.5, a move industry experts said will bolster…
A C919 aircraft receives water salute at Lhasa Gonggar International Airport, Xizang autonomous region, on Thursday. [Photo provided to China Daily] China’s domestically developed single-aisle aircraft, the C919, landed at Lhasa, Xizang autonomous region for the first time on Thursday, as the model verifies its adaptability to ultra high-altitude airports and routes. The C919 jet,…
An employee checks products at Maanshan Iron and Steel Co in Anhui province. The company is an extra large-sized iron and steel complex in the province. [Photo provided to China Daily] The four-day 2024 World Manufacturing Convention will offer 700 projects to top business leaders from around the world, inviting investment of 350 billion yuan…